Northern Lights Fund Price on August 16, 2024
STENX Fund | 29.87 0.05 0.17% |
If you're considering investing in Northern Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Northern Lights stands at 29.87, as last reported on the 28th of November, with the highest price reaching 29.87 and the lowest price hitting 29.87 during the day. At this stage we consider Northern Mutual Fund to be very steady. Northern Lights has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Northern Lights, which you can use to evaluate the volatility of the fund. Please verify Northern Lights' Downside Deviation of 0.5733, mean deviation of 0.423, and Risk Adjusted Performance of 0.0878 to check out if the risk estimate we provide is consistent with the expected return of 0.0641%.
Northern Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.1071
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | STENX | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Northern Lights is performing at about 8% of its full potential. 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 it to a well-diversified portfolio.
Northern Lights Valuation on August 16, 2024
It is possible to determine the worth of Northern Lights on a given historical date. On August 16, 2024 Northern was worth 28.03 at the beginning of the trading date compared to the closed value of 28.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Lights mutual fund. 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 | |
27.94 | 27.94 | 27.94 | 27.94 | 1.00 | |
08/16/2024 | 28.03 | 28.03 | 28.03 | 28.03 | 1.00 |
28.24 | 28.24 | 28.24 | 28.24 | 1.00 |
Backtest Northern Lights | | | Northern Lights History | | | Northern Lights Valuation | Previous | Next |
Northern Lights Trading Date Momentum on August 16, 2024
On August 19 2024 Northern Lights was traded for 28.24 at the closing time. The highest daily price throughout the period was 28.24 and the lowest price was 28.24 . There was no trading activity during the period 1.0. Lack of trading volume on 08/19/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.75% . The trading delta at closing time to current closing price is 1.86% . |
About Northern Lights Mutual Fund 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
The fund invests in mutual funds and exchange-traded funds that primarily invest in domestic and international equities, including emerging markets. The fund can also invest in U.S. Treasury d, directly or through mutual funds and ETFs , ultra-short-term bond mutual funds and ETFs, and money market funds.
Northern Lights Mutual Fund Technical Analysis
Northern Lights technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Northern Lights Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Northern Lights cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Lights mutual fund 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 mutual fund 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 Mutual Fund 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 | 0.0878 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.10) | |||
Treynor Ratio | 0.0936 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Northern Mutual Fund
Northern Lights financial ratios help investors to determine whether Northern Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northern with respect to the benefits of owning Northern Lights security.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |