Northern Lights Etf Alpha and Beta Analysis
| IBD Etf | USD 23.56 0.03 0.13% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Northern Lights. It also helps investors analyze the systematic and unsystematic risks associated with investing in Northern Lights over a specified time horizon. Remember, high Northern Lights' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Northern Lights' market risk premium analysis include:
Beta (0.04) | Alpha (0.01) | Risk 0.39 | Sharpe Ratio (0.03) | Expected Return (0.01) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Northern |
Northern Lights Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Northern Lights market risk premium is the additional return an investor will receive from holding Northern Lights long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Northern Lights. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Northern Lights' performance over market.| α | -0.01 | β | -0.04 |
Northern Lights expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Northern Lights' Buy-and-hold return. Our buy-and-hold chart shows how Northern Lights performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Northern Lights Market Price Analysis
Market price analysis indicators help investors to evaluate how Northern Lights etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Lights shares will generate the highest return on investment. By understating and applying Northern Lights etf market price indicators, traders can identify Northern Lights position entry and exit signals to maximize returns.
Northern Lights Return and Market Media
The median price of Northern Lights for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 23.83 with a coefficient of variation of 0.71. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 23.82, and mean deviation of 0.14. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Stock Market Turns The Heat Up On Speculators - Investors Business Daily | 09/06/2024 |
2 | Stock Market Data See Prices For SP 500, Nasdaq, Dow Jones, SPDR ETFs - Investors Business Daily | 09/20/2024 |
3 | No Public Restrooms and Barriers to Care HealthCentral Partners with the Crohns Colitis Foundation to Highlight the Challenges and Traumas of Living with IBD | 10/09/2024 |
4 | Organovo Presents Clinical Data of FXR314 in Phase 2 MASH in an Oral Presentation at The Liver Meeting | 11/20/2024 |
About Northern Lights Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Northern or other etfs. Alpha measures the amount that position in Northern Lights has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northern Lights in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northern Lights' short interest history, or implied volatility extrapolated from Northern Lights options trading.
Build Portfolio with Northern Lights
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Northern Lights Backtesting, Portfolio Optimization, Northern Lights Correlation, Northern Lights Hype Analysis, Northern Lights Volatility, Northern Lights History and analyze Northern Lights Performance. For information on how to trade Northern Etf refer to our How to Trade Northern Etf guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.