Northern Lights Etf Market Value
| MPRO Etf | USD 32.63 0.04 0.12% |
| Symbol | Northern |
Understanding Northern Lights requires distinguishing between market price and book value, where the latter reflects Northern's accounting equity. The concept of intrinsic value - what Northern Lights' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Northern Lights' price substantially above or below its fundamental value.
Understanding that Northern Lights' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Northern Lights represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Northern Lights' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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.
| 11/29/2025 |
| 02/27/2026 |
If you would invest 0.00 in Northern Lights on November 29, 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 Tremblant Global, Invesco India, Invesco Exchange, YOKE Core, American Beacon, Invesco Actively, and Innovator. The fund generally invests at least 80 percent of its total assets in the component securities of the index 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 | 0.3986 | |||
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 1.76 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.6729 |
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 | 0.2157 | |||
| Jensen Alpha | 0.1085 | |||
| Total Risk Alpha | 0.0642 | |||
| Sortino Ratio | 0.0631 | |||
| Treynor Ratio | (2.42) |
Northern Lights February 27, 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 | 0.2157 | |||
| Market Risk Adjusted Performance | (2.41) | |||
| Mean Deviation | 0.3018 | |||
| Downside Deviation | 0.3986 | |||
| Coefficient Of Variation | 339.84 | |||
| Standard Deviation | 0.391 | |||
| Variance | 0.1529 | |||
| Information Ratio | 0.0644 | |||
| Jensen Alpha | 0.1085 | |||
| Total Risk Alpha | 0.0642 | |||
| Sortino Ratio | 0.0631 | |||
| Treynor Ratio | (2.42) | |||
| Maximum Drawdown | 1.76 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.6729 | |||
| Downside Variance | 0.1589 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.35) | |||
| Skewness | (0.22) | |||
| Kurtosis | 0.052 |
Northern Lights Backtested Returns
As of now, Northern Etf is very steady. Northern Lights has Sharpe Ratio of 0.29, which conveys that the entity had a 0.29 % 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' Mean Deviation of 0.3018, coefficient of variation of 339.84, and Risk Adjusted Performance of 0.2157 to check out if the risk estimate we provide is consistent with the expected return of 0.1%. The etf secures a Beta (Market Risk) of -0.0435, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northern Lights are expected to decrease at a much lower rate. During the bear market, Northern Lights is likely to outperform the market.
Auto-correlation | 0.74 |
Good predictability
Northern Lights has good predictability. Overlapping area represents the amount of predictability between Northern Lights time series from 29th of November 2025 to 13th of January 2026 and 13th of January 2026 to 27th of February 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 0.74 indicates that around 74.0% of current Northern Lights price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Pair Trading with Northern Lights
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Lights position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Lights will appreciate offsetting losses from the drop in the long position's value.Moving together with Northern Etf
| 0.61 | HF | DGA Core Plus | PairCorr |
| 0.65 | OCIO | ClearShares OCIO ETF | PairCorr |
| 0.92 | MFUL | Collaborative Investment | PairCorr |
| 0.86 | RULE | Collaborative Investment | PairCorr |
The ability to find closely correlated positions to Northern Lights could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Lights when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Lights - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Lights to buy it.
The correlation of Northern Lights is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Lights moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Lights moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Lights can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.