Northern Lights Etf Performance
| DUKZ Etf | 25.28 0.01 0.04% |
The etf secures a Beta (Market Risk) of 0.0796, 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.
Risk-Adjusted Performance
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Over the last 90 days Northern Lights has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward-looking signals, Northern Lights is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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Northern Lights Relative Risk vs. Return Landscape
If you would invest 2,525 in Northern Lights on October 25, 2024 and sell it today you would earn a total of 3.00 from holding Northern Lights or generate 0.12% return on investment over 90 days. Northern Lights is currently generating 0.0023% in daily expected returns and assumes 0.2459% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% 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 = 0.0093
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| Negative Returns | DUKZ |
Estimated Market Risk
| 0.25 actual daily | 2 98% 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.
About Northern Lights Performance
Evaluating Northern Lights' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Lights has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Northern Lights has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Northern Lights is entity of United States. It is traded as Etf on NYSE ARCA exchange.