Infracap Mlp Etf Market Value
| AMZA Etf | USD 44.85 0.99 2.26% |
| Symbol | InfraCap |
The market value of InfraCap MLP ETF is measured differently than its book value, which is the value of InfraCap that is recorded on the company's balance sheet. Investors also form their own opinion of InfraCap MLP's value that differs from its market value or its book value, called intrinsic value, which is InfraCap 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 InfraCap MLP's market value can be influenced by many factors that don't directly affect InfraCap 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 InfraCap MLP's value and its price as these two are different measures arrived at by different means. Investors typically determine if InfraCap MLP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InfraCap 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.
InfraCap MLP '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 InfraCap MLP's etf 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 InfraCap MLP.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in InfraCap MLP on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding InfraCap MLP ETF or generate 0.0% return on investment in InfraCap MLP over 30 days. InfraCap MLP is related to or competes with Virtus InfraCap, Global X, Amplify High, Alerian MLP, and Credit Suisse. Under normal market conditions, the fund will invest not less than 80 percent of its net assets in equity securities of ... More
InfraCap MLP 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 InfraCap MLP's etf 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 InfraCap MLP ETF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9977 | |||
| Information Ratio | 0.0966 | |||
| Maximum Drawdown | 4.62 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 2.02 |
InfraCap MLP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InfraCap MLP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InfraCap MLP's standard deviation. In reality, there are many statistical measures that can use InfraCap MLP historical prices to predict the future InfraCap MLP's volatility.| Risk Adjusted Performance | 0.1548 | |||
| Jensen Alpha | 0.138 | |||
| Total Risk Alpha | 0.0633 | |||
| Sortino Ratio | 0.1033 | |||
| Treynor Ratio | 0.3123 |
InfraCap MLP ETF Backtested Returns
At this point, InfraCap MLP is very steady. InfraCap MLP ETF holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for InfraCap MLP ETF, which you can use to evaluate the volatility of the entity. Please check out InfraCap MLP's Risk Adjusted Performance of 0.1548, market risk adjusted performance of 0.3223, and Downside Deviation of 0.9977 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. The etf retains a Market Volatility (i.e., Beta) of 0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, InfraCap MLP's returns are expected to increase less than the market. However, during the bear market, the loss of holding InfraCap MLP is expected to be smaller as well.
Auto-correlation | 0.58 |
Modest predictability
InfraCap MLP ETF has modest predictability. Overlapping area represents the amount of predictability between InfraCap MLP time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of InfraCap MLP ETF price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current InfraCap MLP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.41 |
InfraCap MLP ETF lagged returns against current returns
Autocorrelation, which is InfraCap MLP etf'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 InfraCap MLP's etf expected returns. We can calculate the autocorrelation of InfraCap MLP returns to help us make a trade decision. For example, suppose you find that InfraCap MLP has exhibited high autocorrelation historically, and you observe that the etf 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 |
InfraCap MLP 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 InfraCap MLP etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InfraCap MLP etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InfraCap MLP etf over time.
Current vs Lagged Prices |
| Timeline |
InfraCap MLP Lagged Returns
When evaluating InfraCap MLP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InfraCap MLP etf have on its future price. InfraCap MLP 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, InfraCap MLP autocorrelation shows the relationship between InfraCap MLP etf current value and its past values and can show if there is a momentum factor associated with investing in InfraCap MLP ETF.
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.When determining whether InfraCap MLP ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InfraCap MLP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Infracap Mlp Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Infracap Mlp Etf:Check out InfraCap MLP Correlation, InfraCap MLP Volatility and InfraCap MLP Alpha and Beta module to complement your research on InfraCap MLP. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
InfraCap MLP technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.