Northern Lights Etf Market Value
| FDLS Etf | USD 37.48 0.89 2.32% |
| Symbol | Northern |
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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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. Meanwhile, Northern Lights' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
Northern Lights 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Lights' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Lights.
| 11/02/2025 |
| 01/31/2026 |
If you would invest 0.00 in Northern Lights on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Lights or generate 0.0% return on investment in Northern Lights over 90 days. Northern Lights is related to or competes with First Trust, Invesco SP, Goldman Sachs, Invesco SP, IShares JPX, First Trust, and Innovator MSCI. The fund generally invests at least 80 percent of its total assets in securities that meet the Multi Factor criteria tha... More
Northern Lights Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Lights' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Lights upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.0732 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.95 |
Northern Lights Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Lights' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Lights' standard deviation. In reality, there are many statistical measures that can use Northern Lights historical prices to predict the future Northern Lights' volatility.| Risk Adjusted Performance | 0.0979 | |||
| Jensen Alpha | 0.1184 | |||
| Total Risk Alpha | 0.054 | |||
| Sortino Ratio | 0.072 | |||
| Treynor Ratio | 0.59 |
Northern Lights January 31, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0979 | |||
| Market Risk Adjusted Performance | 0.6 | |||
| Mean Deviation | 0.8209 | |||
| Semi Deviation | 0.9055 | |||
| Downside Deviation | 1.09 | |||
| Coefficient Of Variation | 767.0 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.15 | |||
| Information Ratio | 0.0732 | |||
| Jensen Alpha | 0.1184 | |||
| Total Risk Alpha | 0.054 | |||
| Sortino Ratio | 0.072 | |||
| Treynor Ratio | 0.59 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.95 | |||
| Downside Variance | 1.19 | |||
| Semi Variance | 0.82 | |||
| Expected Short fall | (0.84) | |||
| Skewness | (0.12) | |||
| Kurtosis | (0.01) |
Northern Lights Backtested Returns
Currently, Northern Lights is 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-nine technical indicators for Northern Lights, which you can use to evaluate the volatility of the etf. Please verify Northern Lights' Risk Adjusted Performance of 0.0979, mean deviation of 0.8209, and Downside Deviation of 1.09 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. The etf secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern Lights' returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Lights is expected to be smaller as well.
Auto-correlation | 0.71 |
Good predictability
Northern Lights has good predictability. Overlapping area represents the amount of predictability between Northern Lights time series from 2nd of November 2025 to 17th of December 2025 and 17th of December 2025 to 31st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Lights price movement. The serial correlation of 0.71 indicates that around 71.0% of current Northern Lights price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.75 |
Thematic Opportunities
Explore Investment Opportunities
Check out Northern Lights Correlation, Northern Lights Volatility and Northern Lights Performance module to complement your research on Northern Lights. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.