Alerian Mlp Etf Five Year Return
| AMLP Etf | USD 49.16 0.47 0.95% |
Alerian MLP ETF fundamentals help investors to digest information that contributes to Alerian MLP's financial success or failures. It also enables traders to predict the movement of Alerian Etf. The fundamental analysis module provides a way to measure Alerian MLP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alerian MLP etf.
Alerian |
Alerian MLP ETF ETF Five Year Return Analysis
Alerian MLP's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Alerian MLP Five Year Return | 14.10 % |
Most of Alerian MLP's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alerian MLP ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
| Competition |
According to the company disclosure, Alerian MLP ETF has a Five Year Return of 14.1%. This is much higher than that of the ALPS family and significantly higher than that of the Energy Limited Partnership category. The five year return for all United States etfs is notably lower than that of the firm.
Alerian Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alerian MLP's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Alerian MLP could also be used in its relative valuation, which is a method of valuing Alerian MLP by comparing valuation metrics of similar companies.Alerian MLP is currently under evaluation in five year return as compared to similar ETFs.
Fund Asset Allocation for Alerian MLP
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Alerian MLP's 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.
Alerian Fundamentals
| Price To Earning | 18.01 X | |||
| Price To Book | 1.59 X | |||
| Price To Sales | 1.24 X | |||
| Number Of Employees | 162 | |||
| Beta | 0.62 | |||
| Total Asset | 6.06 B | |||
| One Year Return | 24.90 % | |||
| Three Year Return | 24.00 % | |||
| Five Year Return | 14.10 % | |||
| Ten Year Return | 2.10 % | |||
| Net Asset | 6.06 B | |||
| Last Dividend Paid | 0.75 | |||
| Equity Positions Weight | 99.94 % |
About Alerian MLP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alerian MLP ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alerian MLP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alerian MLP ETF 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.
Pair Trading with Alerian MLP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alerian MLP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alerian MLP will appreciate offsetting losses from the drop in the long position's value.Moving together with Alerian Etf
| 0.88 | EMLP | First Trust North | PairCorr |
| 0.71 | AMJ | JPMorgan | PairCorr |
| 0.99 | MLPA | Global X MLP | PairCorr |
| 0.86 | MLPX | Global X MLP | PairCorr |
| 0.85 | TPYP | Tortoise North American | PairCorr |
The ability to find closely correlated positions to Alerian MLP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alerian MLP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alerian MLP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alerian MLP ETF to buy it.
The correlation of Alerian MLP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alerian MLP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alerian MLP ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alerian MLP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Alerian MLP Piotroski F Score and Alerian MLP Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Alerian MLP ETF is measured differently than its book value, which is the value of Alerian that is recorded on the company's balance sheet. Investors also form their own opinion of Alerian MLP's value that differs from its market value or its book value, called intrinsic value, which is Alerian MLP'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 Alerian MLP's market value can be influenced by many factors that don't directly affect Alerian MLP'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 Alerian MLP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alerian MLP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alerian MLP'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.