Maingate Mlp Fund Market Value
| MLCPX Fund | USD 9.16 0.06 0.66% |
| Symbol | Maingate |
Maingate 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 Maingate Mlp'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 Maingate Mlp.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Maingate Mlp on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Maingate Mlp Fund or generate 0.0% return on investment in Maingate Mlp over 180 days. Maingate Mlp is related to or competes with Cb Large, Dodge Cox, Qs Us, Fidelity Series, Pace Large, Qs Us, and Fundamental Large. The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited pa... More
Maingate 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 Maingate Mlp'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 Maingate Mlp Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8763 | |||
| Information Ratio | 0.102 | |||
| Maximum Drawdown | 4.37 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.79 |
Maingate Mlp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maingate Mlp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maingate Mlp's standard deviation. In reality, there are many statistical measures that can use Maingate Mlp historical prices to predict the future Maingate Mlp's volatility.| Risk Adjusted Performance | 0.1977 | |||
| Jensen Alpha | 0.1568 | |||
| Total Risk Alpha | 0.0738 | |||
| Sortino Ratio | 0.0977 | |||
| Treynor Ratio | 0.5036 |
Maingate Mlp Backtested Returns
Maingate Mlp appears to be very steady, given 3 months investment horizon. Maingate Mlp has Sharpe Ratio of 0.28, which conveys that the entity had a 0.28% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Maingate Mlp, which you can use to evaluate the volatility of the fund. Please exercise Maingate Mlp's Downside Deviation of 0.8763, risk adjusted performance of 0.1977, and Mean Deviation of 0.6341 to check out if our risk estimates are consistent with your expectations. The fund secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Maingate Mlp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Maingate Mlp is expected to be smaller as well.
Auto-correlation | 0.55 |
Modest predictability
Maingate Mlp Fund has modest predictability. Overlapping area represents the amount of predictability between Maingate Mlp time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Maingate Mlp price movement. The serial correlation of 0.55 indicates that about 55.0% of current Maingate Mlp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Maingate Mlp lagged returns against current returns
Autocorrelation, which is Maingate Mlp 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 Maingate Mlp's mutual fund expected returns. We can calculate the autocorrelation of Maingate Mlp returns to help us make a trade decision. For example, suppose you find that Maingate Mlp 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 |
Maingate 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 Maingate Mlp mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maingate Mlp mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maingate Mlp mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Maingate Mlp Lagged Returns
When evaluating Maingate Mlp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maingate Mlp mutual fund have on its future price. Maingate 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, Maingate Mlp autocorrelation shows the relationship between Maingate Mlp mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Maingate Mlp Fund.
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 Maingate Mutual Fund
Maingate Mlp financial ratios help investors to determine whether Maingate 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 Maingate with respect to the benefits of owning Maingate Mlp security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |