Northern Lights Market Risk Adjusted Performance

MDPL Etf   25.98  -0.48  -1.81%   
This technical indicator view for Market Risk Adjusted Performance organizes signals for Northern Lights and comparable instruments. Some instruments may have limited coverage due to data differences; Equity Screeners lists screening tools. Review Correlation Analysis to understand diversified portfolio construction. Additional portfolio transparency improves capital positioning. This suggests a position in Northern Lights across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Northern Lights has current Market Risk Adjusted Performance of -0.02.

MRAP

 = 

ER[a] + (1/BETA - 1)

X

ER[a] - RFR)

 = 
-0.02
ER[a] = Expected return on investing in Northern Lights
RFR = Risk Free Rate of return. Typically T-Bill Rate
BETA = Beta of the asset with market or selected benchmark.

Northern Lights Market Risk Adjusted Performance Peers Comparison

Northern Market Risk Adjusted Performance Relative To Other Indicators

Northern Lights is rated below average. in market risk adjusted performance as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs .
Compare Northern Lights to Peers

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