Northern Lights Etf Price on October 29, 2024
MBCC Etf | USD 35.30 0.05 0.14% |
If you're considering investing in Northern Etf, it is important to understand the factors that can impact its price. As of today, the current price of Northern Lights stands at 35.30, as last reported on the 27th of December, with the highest price reaching 35.34 and the lowest price hitting 35.24 during the day. At this point, Northern Lights is very steady. Northern Lights has Sharpe Ratio of 0.0321, which conveys that the entity had a 0.0321% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Northern Lights, which you can use to evaluate the volatility of the etf. Please verify Northern Lights' Downside Deviation of 0.8476, risk adjusted performance of 0.0235, and Mean Deviation of 0.5652 to check out if the risk estimate we provide is consistent with the expected return of 0.0245%.
Northern Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.0321
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Estimated Market Risk
0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Northern Lights is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Lights by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 431.1 K |
Related Headline
IShares Russell Headline on 29th of October 2024
GW Henssler Associates Ltd. Reduces Stock Holdings in iShare... by thelincolnianonline.com
GW Henssler Associates Ltd. decreased its position in iShares Russell 1000 Growth ETF by 2.9 percent during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,144 shares of the exchange traded funds stock after selling 64 shares during
Northern Lights Valuation on October 29, 2024
It is possible to determine the worth of Northern Lights on a given historical date. On October 29, 2024 Northern was worth 34.57 at the beginning of the trading date compared to the closed value of 34.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Lights etf. Still, in general, we apply an absolute valuation method to find Northern Lights' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Lights where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Lights' related companies.
Open | High | Low | Close | Volume | |
34.60 | 34.64 | 34.52 | 34.53 | 25,951 | |
10/29/2024 | 34.57 | 34.69 | 34.57 | 34.61 | 26,176 |
34.50 | 34.68 | 34.50 | 34.51 | 8,939 |
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Northern Lights Trading Date Momentum on October 29, 2024
On October 30 2024 Northern Lights was traded for 34.51 at the closing time. The top price for the day was 34.68 and the lowest listed price was 34.50 . The trading volume for the day was 8.9 K. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.29% . The trading delta at closing time against the current closing price is 2.60% . |
Northern Lights Fundamentals Correlations and Trends
By evaluating Northern Lights' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Lights' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Lights Etf history
Northern Lights investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Lights will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Lights stock prices may prove useful in developing a viable investing in Northern Lights
Northern Lights Etf Technical Analysis
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.
Price Boundaries
Northern Lights Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Northern Lights cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Northern Lights December 27, 2024 Market Strength
Market strength 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 undertsting and applying Northern Lights etf market strength indicators, traders can identify Northern Lights entry and exit signals to maximize returns
Northern Lights Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Lights' price direction in advance. Along with the technical and fundamental analysis of Northern Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0235 | |||
Jensen Alpha | 0.0065 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0891 |
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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 main economic indicators. For information on how to trade Northern Etf refer to our How to Trade Northern Etf 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.