Northern Lights Etf Profile
GGM Etf | USD 29.97 0.08 0.27% |
Performance7 of 100
| Odds Of DistressLess than 9
|
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
Northern Etf Highlights
Thematic Ideas | (View all Themes) |
Old Names | [Granada Gold Mine Inc, AMERISUR RES, AMERISUR RES (GGM.SG), Amerisur Resources plc] |
Business Concentration | GGM ETF, Large Value, Large Blend, Strategy ETFs, Asset Allocation ETFs, Large Blend, GGM ETF, Asset Management, Financial Services (View all Sectors) |
Issuer | GGM Wealth Advisors |
Inception Date | 2023-09-25 |
Entity Type | Regulated Investment Company |
Asset Under Management | 22.65 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Asset Allocation |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Ultimus Fund Solutions, LLC |
Advisor | GGM Wealth Advisers |
Custodian | Brown Brothers Harriman & Co. |
Distributor | Northern Lights Distributors, LLC |
Portfolio Manager | Jeffrey Johnson, Michael Little, Steven Hannigan, Mark Bauer, Ryan Baldwin |
Transfer Agent | Brown Brothers Harriman & Co. |
Fiscal Year End | 31-May |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 6.0 |
Market Maker | GTS |
Total Expense | 0.88 |
Management Fee | 0.74 |
Update Date | 30th of September 2024 |
Prev Close Price | 29.43 |
Country Name | USA |
Name | GGM Macro Alignment ETF |
Currency Code | USD |
Open Figi | BBG01JFKB9Z6 |
Code | GGM |
Currency Name | US Dollar |
Type | FUND |
Expense Ratio | 2.74 |
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.
Risk Adjusted Performance | 0.0889 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.07) |
Northern Lights Against Markets
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.