Northern Lights Etf Beta
| FDLS Etf | USD 38.17 0.38 0.99% |
As of the 25th of January, Northern Lights secures the Risk Adjusted Performance of 0.0949, mean deviation of 0.8535, and Downside Deviation of 1.11. Northern Lights technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the etf's future prices. Please verify Northern Lights variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Northern Lights is priced some-what accurately, providing market reflects its recent price of 38.17 per share.
Northern Lights' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Northern Lights' valuation are provided below:Northern Lights does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Northern | Build AI portfolio with Northern Etf |
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.
Northern Lights 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Northern Lights' etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Northern Lights.
| 10/27/2025 |
| 01/25/2026 |
If you would invest 0.00 in Northern Lights on October 27, 2025 and sell it all today you would earn a total of 0.00 from holding Northern Lights or generate 0.0% return on investment in Northern Lights over 90 days. Northern Lights is related to or competes with First Trust, Invesco SP, Goldman Sachs, Invesco SP, IShares JPX, First Trust, and Innovator MSCI. The fund generally invests at least 80 percent of its total assets in securities that meet the Multi Factor criteria tha... More
Northern Lights Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Northern Lights' etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Northern Lights upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0538 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.95 |
Northern Lights Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Lights' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Northern Lights' standard deviation. In reality, there are many statistical measures that can use Northern Lights historical prices to predict the future Northern Lights' volatility.| Risk Adjusted Performance | 0.0949 | |||
| Jensen Alpha | 0.1256 | |||
| Total Risk Alpha | 0.0249 | |||
| Sortino Ratio | 0.0535 | |||
| Treynor Ratio | 4.34 |
Northern Lights January 25, 2026 Technical Indicators
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0949 | |||
| Market Risk Adjusted Performance | 4.35 | |||
| Mean Deviation | 0.8535 | |||
| Semi Deviation | 0.9385 | |||
| Downside Deviation | 1.11 | |||
| Coefficient Of Variation | 799.88 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 | |||
| Information Ratio | 0.0538 | |||
| Jensen Alpha | 0.1256 | |||
| Total Risk Alpha | 0.0249 | |||
| Sortino Ratio | 0.0535 | |||
| Treynor Ratio | 4.34 | |||
| Maximum Drawdown | 4.44 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.95 | |||
| Downside Variance | 1.23 | |||
| Semi Variance | 0.8808 | |||
| Expected Short fall | (0.91) | |||
| Skewness | (0.11) | |||
| Kurtosis | (0.14) |
Northern Lights Backtested Returns
Currently, Northern Lights is very steady. Northern Lights has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Lights, which you can use to evaluate the volatility of the etf. Please verify Northern Lights' Risk Adjusted Performance of 0.0949, mean deviation of 0.8535, and Downside Deviation of 1.11 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The etf secures a Beta (Market Risk) of 0.0294, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Northern Lights' returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Lights is expected to be smaller as well.
Auto-correlation | 0.57 |
Modest predictability
Northern Lights has modest predictability. Overlapping area represents the amount of predictability between Northern Lights time series from 27th of October 2025 to 11th of December 2025 and 11th of December 2025 to 25th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Northern Lights price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Northern Lights price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Northern Lights has a Beta of 1.17. This is much higher than that of the Inspire Investing (CWM Advisors, LLC) family and significantly higher than that of the Small Blend category. The beta for all United States etfs is notably lower than that of the firm.
Northern Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Lights' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Northern Lights could also be used in its relative valuation, which is a method of valuing Northern Lights by comparing valuation metrics of similar companies.Northern Lights is currently under evaluation in beta as compared to similar ETFs.
Northern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northern Lights's current stock value. Our valuation model uses many indicators to compare Northern Lights value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northern Lights competition to find correlations between indicators driving Northern Lights's intrinsic value. More Info.Northern Lights is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 19.83 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Northern Lights by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for Northern Lights
The fund invests 99.21% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Northern Lights' investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northern Lights will likely underperform.
Northern Fundamentals
| Beta | 1.17 | |||
| Total Asset | 40.76 M | |||
| One Year Return | 23.20 % | |||
| Three Year Return | 17.90 % | |||
| Net Asset | 40.76 M | |||
| Equity Positions Weight | 99.21 % |
About Northern Lights Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Lights's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Lights using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Lights based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
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Check out Northern Lights Piotroski F Score and Northern Lights Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.