Northern Lights Etf Performance
| BIBL Etf | USD 42.03 0.34 0.82% |
The etf secures a Beta (Market Risk) of 1.06, which conveys a somewhat significant risk relative to the market. Northern Lights returns are very sensitive to returns on the market. As the market goes up or down, Northern Lights is expected to follow.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Northern Lights are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental drivers, Northern Lights is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
| In Threey Sharp Ratio | -0.01 |
Northern |
Northern Lights Relative Risk vs. Return Landscape
If you would invest 3,961 in Northern Lights on August 26, 2024 and sell it today you would earn a total of 242.00 from holding Northern Lights or generate 6.11% return on investment over 90 days. Northern Lights is currently generating 0.0956% in daily expected returns and assumes 0.9421% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than Northern, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Northern Lights Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Lights' investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Northern Lights, and traders can use it to determine the average amount a Northern Lights' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1015
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| Cash | BIBL | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Northern Lights is performing at about 7% 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 Fundamentals Growth
Northern Etf prices reflect investors' perceptions of the future prospects and financial health of Northern Lights, and Northern Lights fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northern Etf performance.
| Total Asset | 235.56 M | |||
About Northern Lights Performance
By examining Northern Lights' fundamental ratios, stakeholders can obtain critical insights into Northern Lights' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Northern Lights is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund generally invests at least 80 percent of its total assets in the component securities of the Inspire 100 Index. Inspire 100 is traded on NYSEARCA Exchange in the United States.| The fund holds 99.48% of its assets under management (AUM) in equities |
Check out Trending Equities 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 more information on how to buy Northern Etf please use our How to buy in Northern Etf guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.