Northern Lights Etf Profile

GGM Etf  USD 29.97  0.08  0.27%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Northern Lights is selling at 29.97 as of the 28th of November 2024; that is 0.27 percent decrease since the beginning of the trading day. The etf's lowest day price was 29.97. Northern Lights has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Northern Lights are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that may engage in active trading. The fund advisor will use a fund of funds approach, and seeks to achieve the funds investment objective by investing in the shares of market sector, sub-sector, and style exchange-traded funds.. The company has 9.8 M outstanding shares of which 89.89 K shares are currently shorted by investors with about 1.31 days to cover. More on Northern Lights

Moving together with Northern Etf

  0.87VTI Vanguard Total StockPairCorr
  0.87SPY SPDR SP 500 Aggressive PushPairCorr
  0.87IVV iShares Core SPPairCorr
  0.94VIG Vanguard DividendPairCorr
  0.87VV Vanguard Large CapPairCorr

Northern Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Granada Gold Mine Inc, AMERISUR RES, AMERISUR RES (GGM.SG), Amerisur Resources plc]
Business ConcentrationGGM ETF, Large Value, Large Blend, Strategy ETFs, Asset Allocation ETFs, Large Blend, GGM ETF, Asset Management, Financial Services (View all Sectors)
IssuerGGM Wealth Advisors
Inception Date2023-09-25
Entity TypeRegulated Investment Company
Asset Under Management22.65 Million
Asset TypeEquity
CategoryStrategy
FocusAsset Allocation
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorUltimus Fund Solutions, LLC
AdvisorGGM Wealth Advisers
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerJeffrey Johnson, Michael Little, Steven Hannigan, Mark Bauer, Ryan Baldwin
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents6.0
Market MakerGTS
Total Expense0.88
Management Fee0.74
Update Date30th of September 2024
Prev Close Price29.43
Country NameUSA
NameGGM Macro Alignment ETF
Currency CodeUSD
Open FigiBBG01JFKB9Z6
CodeGGM
Currency NameUS Dollar
TypeFUND
Expense Ratio2.74
Northern Lights [GGM] is traded in USA and was established 2013-06-26. Northern Lights is listed under GGM ETF category by Fama And French industry classification. The fund is classified under Large Blend category within GGM ETF family. The entity is thematically classified as Strategy ETFs. This fund currently have 18.42 M in assets under management (AUM). Northern Lights is currently generating return of 10.41% with the current yeild of 0.0%, while the total return for the last 3 years was 8.98%.
Check Northern Lights Probability Of Bankruptcy

Northern Lights Risk Profiles

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.

Northern Lights Against Markets

When determining whether Northern Lights offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Lights' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Lights Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Lights Etf:
Check out Risk vs Return Analysis 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 price.
To learn how to invest in Northern Etf, please use our How to Invest in Northern Lights guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.