US oil refiners brace for a tough year as investor sentiment turns negative
| JCRIX Fund | USD 7.44 0.06 0.80% |
Slightly above 62% of Alps/corecommodity's investor base is looking to short. The analysis of overall sentiment of trading Alpscorecommodity Management Pletecommoditiessm mutual fund suggests that many investors are alarmed at this time. Alps/corecommodity's investing sentiment can be driven by a variety of factors including economic data, Alps/corecommodity's earnings reports, geopolitical events, and overall market trends.
Alps/corecommodity |
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude. This followed two years of bumper profits as refiners cashed in on supply shortages caused by Russias invasion of Ukraine and a post-pandemic recovery in demand. Shares of major refiners have fallen this year, and on average, analysts have lowered expectations for refiners fourth-quarter earnings before interest, taxes and amortization by 24 percent since the start of the quarter, Tudor, Pickering, Holt Co analyst Matthew Blair said in a note.
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Alps/corecommodity Fundamental Analysis
We analyze Alps/corecommodity's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alps/corecommodity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alps/corecommodity based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Price To Earning
Price To Earning Comparative Analysis
Alpscorecommodity is currently under evaluation in price to earning among similar funds. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Alps/corecommodity Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Alps/corecommodity mutual fund to make a market-neutral strategy. Peer analysis of Alps/corecommodity could also be used in its relative valuation, which is a method of valuing Alps/corecommodity by comparing valuation metrics with similar companies.
Peers
Alps/corecommodity Related Equities
| IOGYX | Invesco Gold | 0.98 | ||||
| AGGWX | Global Gold | 0.90 | ||||
| FEGOX | First Eagle | 0.74 | ||||
| USERX | Gold And | 0.70 | ||||
| UIPMX | Precious Metals | 0.54 | ||||
| GLRBX | James Balanced: | 0.40 | ||||
| FGDIX | Fidelity Advisor | 0.93 |
Other Information on Investing in Alps/corecommodity Mutual Fund
Alps/corecommodity financial ratios help investors to determine whether Alps/corecommodity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alps/corecommodity with respect to the benefits of owning Alps/corecommodity security.
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