Alerian Energy Infrastructure Etf Current Valuation
| ENFR Etf | USD 33.11 0.00 0.00% |
Valuation analysis of Alerian Energy Infra helps investors to measure Alerian Energy's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Undervalued
Today
Please note that Alerian Energy's price fluctuation is very steady at this time. Calculation of the real value of Alerian Energy Infra is based on 3 months time horizon. Increasing Alerian Energy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Alerian etf is determined by what a typical buyer is willing to pay for full or partial control of Alerian Energy Infrastructure. Since Alerian Energy is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alerian Etf. However, Alerian Energy's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 33.11 | Real 34.89 | Hype 32.77 |
The intrinsic value of Alerian Energy's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Alerian Energy's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Alerian Energy Infrastructure helps investors to forecast how Alerian etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alerian Energy more accurately as focusing exclusively on Alerian Energy's fundamentals will not take into account other important factors: Alerian Energy Infrastructure ETF Current Valuation Analysis
Alerian Energy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Alerian Energy Infrastructure has a Current Valuation of 0.0. This indicator is about the same for the ALPS average (which is currently at 0.0) family and about the same as Energy Limited Partnership (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for Alerian Energy
The fund invests 99.62% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Alerian Energy'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 | 25.97 X | |||
| Price To Book | 1.96 X | |||
| Price To Sales | 1.49 X | |||
| Number Of Employees | 271 | |||
| Beta | 0.82 | |||
| Total Asset | 120.1 M | |||
| One Year Return | 51.10 % | |||
| Three Year Return | 25.60 % | |||
| Five Year Return | 18.30 % | |||
| Ten Year Return | 6.60 % | |||
| Net Asset | 120.1 M | |||
| Last Dividend Paid | 0.26 | |||
| Equity Positions Weight | 99.62 % |
About Alerian Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alerian Energy Infrastructure's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alerian Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alerian Energy Infrastructure 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 Energy
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 Energy 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 Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Alerian Etf
| 0.99 | EMLP | First Trust North | PairCorr |
| 0.89 | AMJ | JPMorgan | PairCorr |
| 0.9 | MLPA | Global X MLP | PairCorr |
| 1.0 | MLPX | Global X MLP | PairCorr |
| 1.0 | TPYP | Tortoise North American | PairCorr |
Moving against Alerian Etf
| 0.79 | TLT | iShares 20 Year Aggressive Push | PairCorr |
The ability to find closely correlated positions to Alerian Energy 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 Energy 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 Energy - 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 Energy Infrastructure to buy it.
The correlation of Alerian Energy 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 Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alerian Energy Infra 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 Energy 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 Energy Piotroski F Score and Alerian Energy Altman Z Score analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Alerian Energy Infra 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Alerian Energy'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 Energy's market value can be influenced by many factors that don't directly affect Alerian Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alerian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alerian Energy'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.