Alpsalerian Energy Infrastructure Fund Market Value
| ALEFX Fund | USD 12.43 0.02 0.16% |
| Symbol | Alps/alerian |
Please note, there is a significant difference between Alps/alerian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alps/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, Alps/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.
Alps/alerian Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alps/alerian Energy's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alps/alerian Energy.
| 12/11/2025 |
| 01/10/2026 |
If you would invest 0.00 in Alps/alerian Energy on December 11, 2025 and sell it all today you would earn a total of 0.00 from holding Alpsalerian Energy Infrastructure or generate 0.0% return on investment in Alps/alerian Energy over 30 days. Alps/alerian Energy is related to or competes with Calamos Dynamic, Fidelity Sai, Virtus Convertible, Lord Abbett, and Rational/pier. More
Alps/alerian Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alps/alerian Energy's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alpsalerian Energy Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9359 | |||
| Information Ratio | 0.0892 | |||
| Maximum Drawdown | 19.46 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.31 |
Alps/alerian Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alps/alerian Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alps/alerian Energy's standard deviation. In reality, there are many statistical measures that can use Alps/alerian Energy historical prices to predict the future Alps/alerian Energy's volatility.| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.2544 | |||
| Total Risk Alpha | 0.0277 | |||
| Sortino Ratio | 0.2234 | |||
| Treynor Ratio | 0.6349 |
Alps/alerian Energy Backtested Returns
Alps/alerian Energy appears to be not too volatile, given 3 months investment horizon. Alps/alerian Energy secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Alpsalerian Energy Infrastructure, which you can use to evaluate the volatility of the entity. Please makes use of Alps/alerian Energy's Downside Deviation of 0.9359, risk adjusted performance of 0.1031, and Mean Deviation of 0.9416 to double-check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alps/alerian Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alps/alerian Energy is expected to be smaller as well.
Auto-correlation | -0.08 |
Very weak reverse predictability
Alpsalerian Energy Infrastructure has very weak reverse predictability. Overlapping area represents the amount of predictability between Alps/alerian Energy time series from 11th of December 2025 to 26th of December 2025 and 26th of December 2025 to 10th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alps/alerian Energy price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Alps/alerian Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Alps/alerian Energy lagged returns against current returns
Autocorrelation, which is Alps/alerian Energy mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alps/alerian Energy's mutual fund expected returns. We can calculate the autocorrelation of Alps/alerian Energy returns to help us make a trade decision. For example, suppose you find that Alps/alerian Energy has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alps/alerian Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alps/alerian Energy mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alps/alerian Energy mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alps/alerian Energy mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Alps/alerian Energy Lagged Returns
When evaluating Alps/alerian Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alps/alerian Energy mutual fund have on its future price. Alps/alerian Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alps/alerian Energy autocorrelation shows the relationship between Alps/alerian Energy mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Alpsalerian Energy Infrastructure.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Alps/alerian Mutual Fund
Alps/alerian Energy financial ratios help investors to determine whether Alps/alerian 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/alerian with respect to the benefits of owning Alps/alerian Energy security.
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