Northern Lights Etf Profile
| MRSK Etf | USD 33.76 0.23 0.69% |
Performance19 of 100
| Odds Of DistressLess than 9
|
Northern Lights is selling for 33.76 as of the 30th of November 2024. This is a 0.69 percent up since the beginning of the trading day. The etf's last reported lowest price was 33.51. Northern Lights has less than a 9 % chance of experiencing financial distress in the next few years and had a solid 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 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The adviser seeks to achieve the funds investment objective by investing, in equity and equity index futures, equity index options, options on equity index futures, options on exchange traded funds , exchange traded funds that invest primarily in common stocks, exchange traded funds that invest primarily in fixed income securities, common stocks, fixed income securities and cash or cash equivalents. More on Northern Lights
Moving together with Northern Etf
| 0.97 | ACIO | Aptus Collared Income | PairCorr |
| 0.97 | ADME | Aptus Drawdown Managed | PairCorr |
| 0.73 | SWAN | Amplify BlackSwan Growth | PairCorr |
| 0.69 | PHDG | Invesco SP 500 | PairCorr |
| 0.94 | MSTB | ETF Series Solutions | PairCorr |
Moving against Northern Etf
Northern Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Equity Hedged, Toews Corporation (View all Sectors) |
| Issuer | Toews Corp |
| Inception Date | 2020-06-25 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 194.27 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Gemini Fund Services, LLC |
| Advisor | Toews Corporation |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Phillip Toews, Randall Schroeder, Jason Graffius, Charles Collins |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 9.0 |
| Market Maker | GTS |
| Total Expense | 1.34 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 15.96 |
| Name | Northern Lights Fund Trust |
| Currency Code | USD |
| Open Figi | BBG00S7P3127 |
| In Threey Volatility | 11.4 |
| 1y Volatility | 9.17 |
| 200 Day M A | 31.5439 |
| 50 Day M A | 32.7881 |
| Code | MRSK |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.09 |
| Type | ETF |
Northern Lights [MRSK] is traded in USA and was established 2020-06-24. The fund is listed under Equity Hedged category and is part of Toews Corporation family. The entity is thematically classified as Target Outcome ETFs. Northern Lights now have 32.51 M in assets. , while the total return for the last 3 years was 5.8%.
Check Northern Lights Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Northern Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Northern Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Northern Lights Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Northern Lights Currency Exposure
Northern Lights holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Northern Lights will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Northern Lights.
Top Northern Lights Etf Constituents
| IVV | iShares Trust | Etf | MX Etf | |
| VOO | Vanguard Index Funds | Etf | Large Blend |
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 | 0.0848 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) |
Northern Lights Against Markets
Check out Correlation 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 state. For more information on how to buy Northern Etf please use our How to buy in Northern Etf guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.