Alerian Energy Infrastructure Etf Technical Analysis
| ENFR Etf | USD 33.00 0.06 0.18% |
As of the 25th of November, Alerian Energy shows the risk adjusted performance of 0.2825, and Mean Deviation of 0.6681. Alerian Energy Infra technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm Alerian Energy Infra variance, as well as the relationship between the value at risk and skewness to decide if Alerian Energy Infra is priced correctly, providing market reflects its regular price of 33.0 per share.
Alerian Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alerian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlerianAlerian |
Alerian Energy 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.
Alerian Energy Infra Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alerian Energy Infra volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alerian Energy Infra Trend Analysis
Use this graph to draw trend lines for Alerian Energy Infrastructure. You can use it to identify possible trend reversals for Alerian Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alerian Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alerian Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alerian Energy Infrastructure applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Alerian Energy Infrastructure will continue generating value for investors. It has 122 observation points and a regression sum of squares at 230.15, which is the sum of squared deviations for the predicted Alerian Energy price change compared to its average price change.About Alerian Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alerian Energy Infrastructure on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alerian Energy Infrastructure based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Alerian Energy Infra price pattern first instead of the macroeconomic environment surrounding Alerian Energy Infra. By analyzing Alerian Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alerian Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alerian Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alerian Energy November 25, 2024 Technical Indicators
Most technical analysis of Alerian help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alerian from various momentum indicators to cycle indicators. When you analyze Alerian charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | 0.2825 | |||
| Market Risk Adjusted Performance | 0.5919 | |||
| Mean Deviation | 0.6681 | |||
| Semi Deviation | 0.0584 | |||
| Downside Deviation | 0.6557 | |||
| Coefficient Of Variation | 272.2 | |||
| Standard Deviation | 0.8304 | |||
| Variance | 0.6896 | |||
| Information Ratio | 0.2099 | |||
| Jensen Alpha | 0.2338 | |||
| Total Risk Alpha | 0.1643 | |||
| Sortino Ratio | 0.2658 | |||
| Treynor Ratio | 0.5819 | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.4 | |||
| Downside Variance | 0.43 | |||
| Semi Variance | 0.0034 | |||
| Expected Short fall | (0.86) | |||
| Skewness | 0.2266 | |||
| Kurtosis | 0.6517 |
Alerian Energy Infra One Year Return
Based on the recorded statements, Alerian Energy Infrastructure has an One Year Return of 53%. This is much higher than that of the ALPS family and significantly higher than that of the Energy Limited Partnership category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alerian Energy Infrastructure. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Alerian Energy Infra is measured differently than its book value, which is the value of Alerian that is recorded on the company's balance sheet. Investors also form their own opinion of Alerian Energy's value that differs from its market value or its book value, called intrinsic value, which is Alerian Energy'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 Alerian Energy's market value can be influenced by many factors that don't directly affect Alerian Energy'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 Alerian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if 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, 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.