Etracs Alerian Midstream Etf Performance
| AMNA Etf | USD 56.52 0.71 1.27% |
The etf shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETRACS Alerian's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS Alerian is expected to be smaller as well.
Risk-Adjusted Performance
27 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in ETRACS Alerian Midstream are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, ETRACS Alerian sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | MidstreamMLP 3Q24 Buybacks Familiar Names Lead - ETFdb.com | 11/19/2024 |
ETRACS |
ETRACS Alerian Relative Risk vs. Return Landscape
If you would invest 4,646 in ETRACS Alerian Midstream on September 1, 2024 and sell it today you would earn a total of 1,006 from holding ETRACS Alerian Midstream or generate 21.65% return on investment over 90 days. ETRACS Alerian Midstream is currently generating 0.3106% in daily expected returns and assumes 0.8942% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than ETRACS, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
ETRACS Alerian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS Alerian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETRACS Alerian Midstream, and traders can use it to determine the average amount a ETRACS Alerian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3474
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AMNA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.35 actual daily | 27 73% of assets perform better |
Based on monthly moving average ETRACS Alerian is performing at about 27% 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 ETRACS Alerian by adding it to a well-diversified portfolio.
ETRACS Alerian Fundamentals Growth
ETRACS Etf prices reflect investors' perceptions of the future prospects and financial health of ETRACS Alerian, and ETRACS Alerian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ETRACS Etf performance.
| Total Asset | 64.95 M | |||
About ETRACS Alerian Performance
By analyzing ETRACS Alerian's fundamental ratios, stakeholders can gain valuable insights into ETRACS Alerian's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ETRACS Alerian has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ETRACS Alerian has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Etracs Alerian is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: MidstreamMLP 3Q24 Buybacks Familiar Names Lead - ETFdb.com | |
| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ETRACS Alerian Midstream. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. 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 ETRACS Alerian Midstream is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Alerian's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Alerian's 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 ETRACS Alerian's market value can be influenced by many factors that don't directly affect ETRACS Alerian's 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 ETRACS Alerian's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Alerian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Alerian's 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.