Northern Lights Financials
We recommend to make use of Northern Lights fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking you can employ it to find out if Northern Lights is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and collect three available fundamentals for Northern Lights, which can be compared to its peers in the industry.
Northern |
The data published in Northern Lights' official financial statements typically reflect Northern Lights' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Northern Lights' quantitative information. For example, before you start analyzing numbers published by Northern accountants, it's essential to understand Northern Lights' liquidity, profitability, and earnings quality within the context of the Tactical Allocation space in which it operates.
| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US66538F1993 |
| CUSIP | 66538F199 |
| Region | North America |
| Investment Issuer | Beacon Capital |
| Fund Category | Asset Allocation |
| Portfolio Concentration | Target Outcome |
| Benchmark | Dow Jones Industrial |
Northern Lights Key Financial Ratios
Northern Lights Thematic Clasifications
Northern Lights is part of several thematic ideas from Target Outcome ETFs to Asset Allocation ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNorthern Lights November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northern Lights help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northern Lights. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northern Lights based on widely used predictive technical indicators. In general, we focus on analyzing Northern Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northern Lights's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6058 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.53 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8451 |
Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.