Northern Lights Etf Profile
PRMN Etf | 27.50 0.13 0.47% |
PerformanceVery Weak
| Odds Of DistressLow
|
Northern Lights is selling at 27.50 as of the 26th of February 2025; that is 0.47 percent decrease since the beginning of the trading day. The etf's open price was 27.63. Northern Lights has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
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Northern Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Long/short ETFs, Equity Market Neutral (View all Sectors) |
Issuer | PlanRock Investments |
Inception Date | 2023-12-19 |
Entity Type | Regulated Investment Company |
Asset Under Management | 2.91 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Long/Short |
Market Concentration | Blended Development |
Region | Global |
Administrator | Ultimus Fund Solutions, LLC |
Advisor | PlanRock Investment Management, LLC |
Custodian | Brown Brothers Harriman & Co. |
Distributor | Northern Lights Distributors, LLC |
Portfolio Manager | Stephen Hammers, Alex Pazdan, Dan Banaszak |
Transfer Agent | Brown Brothers Harriman & Co. |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 23.0 |
Market Maker | GTS |
Total Expense | 1.69 |
Management Fee | 0.9 |
200 Day M A | 28.9639 |
Country Name | USA |
50 Day M A | 28.0624 |
Code | PRMN |
Updated At | 24th of February 2025 |
Returns Y T D | (1.59) |
Name | Northern Lights Fund Trust III |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01KM90VM7 |
Type | ETF |
1y Volatility | 4.56 |
Northern Lights [PRMN] is traded in USA and was established null. The fund is listed under Equity Market Neutral. The entity is thematically classified as Strategy ETFs. Northern Lights at this time have in assets. , while the total return for the last year was -2.8%.
Check Northern Lights Probability Of Bankruptcy
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.
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 | (0.12) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.62) |
Northern Lights Against Markets
Check out Your Equity Center 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 population. To learn how to invest in Northern Etf, please use our How to Invest in Northern Lights guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.