Steelpath Select 40 Fund Manager Performance Evaluation
| MLPEX Fund | USD 8.03 0.02 0.25% |
The entity has a beta of -0.0096, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Steelpath Select are expected to decrease at a much lower rate. During the bear market, Steelpath Select is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Steelpath Select 40 are ranked lower than 21 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak technical and fundamental indicators, Steelpath Select showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio Date | 28th of March 2025 | |
| Expense Ratio | 11.0400 |
Steelpath |
Steelpath Select Relative Risk vs. Return Landscape
If you would invest 708.00 in Steelpath Select 40 on November 3, 2025 and sell it today you would earn a total of 95.00 from holding Steelpath Select 40 or generate 13.42% return on investment over 90 days. Steelpath Select 40 is currently producing 0.2061% returns and takes up 0.7506% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Steelpath, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Steelpath Select Current Valuation
Overvalued
Today
Please note that Steelpath Select's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Steelpath Select has a current Real Value of $7.71 per share. The regular price of the fund is $8.03. We determine the value of Steelpath Select from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Steelpath Select is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Steelpath Mutual Fund. However, Steelpath Select'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 8.03 | Real 7.71 | Hype 8.03 | Naive 8.1 |
The intrinsic value of Steelpath Select'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 Steelpath Select'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 Steelpath Select 40 helps investors to forecast how Steelpath mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Steelpath Select more accurately as focusing exclusively on Steelpath Select's fundamentals will not take into account other important factors: Steelpath Select Target Price Odds to finish over Current Price
The tendency of Steelpath Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 8.03 | 90 days | 8.03 | near 1 |
Based on a normal probability distribution, the odds of Steelpath Select to move above the current price in 90 days from now is near 1 (This Steelpath Select 40 probability density function shows the probability of Steelpath Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Steelpath Select 40 has a beta of -0.0096. This indicates as returns on the benchmark increase, returns on holding Steelpath Select are expected to decrease at a much lower rate. During a bear market, however, Steelpath Select 40 is likely to outperform the market. Additionally Steelpath Select 40 has an alpha of 0.1883, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Steelpath Select Price Density |
| Price |
Predictive Modules for Steelpath Select
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Steelpath Select. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Steelpath Select's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Steelpath Select Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Steelpath Select is not an exception. The market had few large corrections towards the Steelpath Select's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Steelpath Select 40, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Steelpath Select within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.0096 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | 0.21 |
Steelpath Select Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Steelpath Select for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Steelpath Select can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund generated-2.0 ten year return of -2.0% | |
| Steelpath Select maintains 98.6% of its assets in stocks |
Steelpath Select Fundamentals Growth
Steelpath Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Steelpath Select, and Steelpath Select fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Steelpath Mutual Fund performance.
| Price To Earning | 18.91 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 0.67 X | ||||
| Total Asset | 120.69 M | ||||
About Steelpath Select Performance
Evaluating Steelpath Select's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Steelpath Select has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Steelpath Select has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources, and in derivatives and other instruments that have economic characteristics similar to such securities.Things to note about Steelpath Select performance evaluation
Checking the ongoing alerts about Steelpath Select for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Steelpath Select help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated-2.0 ten year return of -2.0% | |
| Steelpath Select maintains 98.6% of its assets in stocks |
- Analyzing Steelpath Select's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Steelpath Select's stock is overvalued or undervalued compared to its peers.
- Examining Steelpath Select's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Steelpath Select's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Steelpath Select's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Steelpath Select's mutual fund. These opinions can provide insight into Steelpath Select's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Steelpath Mutual Fund
Steelpath Select financial ratios help investors to determine whether Steelpath 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 Steelpath with respect to the benefits of owning Steelpath Select security.
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