Northern Lights Etf Performance
| PTL Etf | 220.30 0.79 0.36% |
The etf secures a Beta (Market Risk) of 0.0727, 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
7 of 100
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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 basic indicators, Northern Lights is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Proactive Strategies - Stock Traders Daily | 11/07/2024 |
2 | PTL Neither Outperformer Nor Counterbalance To SPY And Its Mag-7-Dominant Holdings - Seeking Alpha | 12/19/2024 |
3 | Should You Be Impressed By PTL Limiteds ROE | 01/17/2025 |
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Northern Lights Relative Risk vs. Return Landscape
If you would invest 20,937 in Northern Lights on November 1, 2024 and sell it today you would earn a total of 1,093 from holding Northern Lights or generate 5.22% return on investment over 90 days. Northern Lights is generating 0.0914% of daily returns assuming volatility of 1.0151% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than Northern, and above 99% of all equities are expected to generate higher returns over the next 90 days. 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 = 0.09
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.09 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.
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.
Northern Lights is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from finance.yahoo.com: Should You Be Impressed By PTL Limiteds ROE |
Check out Your Equity Center 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 estimate. For more information on how to buy Northern Etf please use our How to buy in Northern Etf guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.