ETRACS Alerian Financials
| AMNA Etf | USD 56.52 0.71 1.27% |
ETRACS |
The data published in ETRACS Alerian's official financial statements typically reflect ETRACS Alerian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ETRACS Alerian's quantitative information. For example, before you start analyzing numbers published by ETRACS accountants, it's essential to understand ETRACS Alerian's liquidity, profitability, and earnings quality within the context of the UBS space in which it operates.
Please note, the presentation of ETRACS Alerian's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ETRACS Alerian's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ETRACS Alerian's management manipulating its earnings.
ETRACS Alerian Etf Summary
ETRACS Alerian competes with Alerian Energy, and UBS AG. Etracs Alerian is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US90269A3510 |
| CUSIP | 90269A351 |
| Region | North America |
| Investment Issuer | UBS |
| Etf Family | UBS |
| Fund Category | Sector |
| Portfolio Concentration | Energy |
| Benchmark | Dow Jones Industrial |
| Phone | 877 387 2275 |
| Currency | USD - US Dollar |
ETRACS Alerian Key Financial Ratios
ETRACS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ETRACS Alerian's current stock value. Our valuation model uses many indicators to compare ETRACS Alerian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ETRACS Alerian competition to find correlations between indicators driving ETRACS Alerian's intrinsic value. More Info.ETRACS Alerian Midstream is second largest ETF in beta as compared to similar ETFs. It also is second largest ETF in one year return as compared to similar ETFs reporting about 64.47 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ETRACS Alerian's earnings, one of the primary drivers of an investment's value.ETRACS Alerian Midstream Systematic Risk
ETRACS Alerian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ETRACS Alerian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on ETRACS Alerian Midstream correlated with the market. If Beta is less than 0 ETRACS Alerian generally moves in the opposite direction as compared to the market. If ETRACS Alerian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ETRACS Alerian Midstream is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ETRACS Alerian is generally in the same direction as the market. If Beta > 1 ETRACS Alerian moves generally in the same direction as, but more than the movement of the benchmark.
About ETRACS Alerian Financials
What exactly are ETRACS Alerian Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include ETRACS Alerian's income statement, its balance sheet, and the statement of cash flows. Potential ETRACS Alerian investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although ETRACS Alerian investors may use each financial statement separately, they are all related. The changes in ETRACS Alerian's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ETRACS Alerian's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.ETRACS Alerian Thematic Clasifications
ETRACS Alerian Midstream is part of several thematic ideas from Sector ETFs to Energy ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasETRACS Alerian December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of ETRACS Alerian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ETRACS Alerian Midstream. We use our internally-developed statistical techniques to arrive at the intrinsic value of ETRACS Alerian Midstream based on widely used predictive technical indicators. In general, we focus on analyzing ETRACS Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ETRACS Alerian's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7005 | |||
| Information Ratio | 0.2074 | |||
| Maximum Drawdown | 4.99 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.94 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ETRACS Alerian Midstream. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of ETRACS Alerian Midstream is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Alerian's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Alerian'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 ETRACS Alerian's market value can be influenced by many factors that don't directly affect ETRACS Alerian'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 ETRACS Alerian's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Alerian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Alerian'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.