Northern Lights Etf Price on November 29, 2024
| IBD Etf | USD 23.84 0.07 0.29% |
Below is the normalized historical share price chart for Northern Lights extending back to July 11, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern Lights stands at 23.84, as last reported on the 1st of December, with the highest price reaching 23.84 and the lowest price hitting 23.57 during the day.
If you're considering investing in Northern Etf, it is important to understand the factors that can impact its price. Northern Lights has Sharpe Ratio of -0.0064, which conveys that the entity had a -0.0064% return per unit of risk over the last 3 months. Northern Lights exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Northern Lights' Mean Deviation of 0.3174, downside deviation of 0.4264, and Risk Adjusted Performance of 0.0107 to check out the risk estimate we provide.
Northern Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 5.67 | 200 Day MA 23.6011 | 1 y Volatility 4.62 | 50 Day MA 23.8242 | Inception Date 2017-07-10 |
Northern |
Sharpe Ratio = -0.0064
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| Negative Returns | IBD |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northern Lights is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Lights by adding Northern Lights to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
Northern Lights Valuation on November 29, 2024
It is possible to determine the worth of Northern Lights on a given historical date. On November 29, 2024 Northern was worth 23.57 at the beginning of the trading date compared to the closed value of 23.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Lights etf. Still, in general, we apply an absolute valuation method to find Northern Lights' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Lights where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Lights' related companies.
| Open | High | Low | Close | Volume | |
| 23.68 | 23.78 | 23.50 | 23.77 | 33,247 | |
11/29/2024 | 23.57 | 23.84 | 23.57 | 23.84 | 45,462 |
| 23.57 | 23.84 | 23.57 | 23.84 | 0.00 |
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Northern Lights Trading Date Momentum on November 29, 2024
| On December 01 2024 Northern Lights was traded for 23.84 at the closing time. Highest Northern Lights's price during the trading hours was 23.84 and the lowest price during the day was 23.57 . There was no trading activity during the period 0.0. Lack of trading volume on the 1st of December did not cause price change. The trading delta at closing time to current price is 1.13% . |
Northern Lights Fundamentals Correlations and Trends
By evaluating Northern Lights' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Lights' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Lights Etf history
Northern Lights investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Lights will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Lights stock prices may prove useful in developing a viable investing in Northern Lights
Northern Lights Etf Technical Analysis
Northern Lights technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Northern Lights Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Northern Lights cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Northern Lights December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Lights etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Lights shares will generate the highest return on investment. By undertsting and applying Northern Lights etf market strength indicators, traders can identify Northern Lights entry and exit signals to maximize returns
Northern Lights Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Lights' price direction in advance. Along with the technical and fundamental analysis of Northern Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0107 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.01) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Northern Lights. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Northern Etf refer to our How to Trade Northern Etf guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of Northern Lights is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Lights' value that differs from its market value or its book value, called intrinsic value, which is Northern Lights' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Lights' market value can be influenced by many factors that don't directly affect Northern Lights' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Lights' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Lights is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Lights' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.