Center Coast Mlp Fund Five Year Return
| CENDelisted Fund | USD 20.46 0.12 0.59% |
Center Coast Mlp fundamentals help investors to digest information that contributes to Center Coast's financial success or failures. It also enables traders to predict the movement of Center Fund. The fundamental analysis module provides a way to measure Center Coast's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Center Coast fund.
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Center Coast Mlp Fund Five Year Return Analysis
Center Coast's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Center Coast Five Year Return | 24.85 % |
Most of Center Coast's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Center Coast Mlp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
CompetitionAccording to the company disclosure, Center Coast Mlp has a Five Year Return of 24.85%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The five year return for all United States funds is notably lower than that of the firm.
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Center Fundamentals
| Shares Outstanding | 4.93 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Shares Owned By Institutions | 52.27 % | |||
| Number Of Shares Shorted | 1.56 K | |||
| Price To Earning | 58.08 X | |||
| Short Ratio | 0.12 X | |||
| Earnings Per Share | 0.19 X | |||
| Beta | 1.56 | |||
| Market Capitalization | 89.63 M | |||
| Five Year Return | 24.85 % | |||
| Last Dividend Paid | 0.9 |
About Center Coast Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Center Coast Mlp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Center Coast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Center Coast Mlp based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Center Coast
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Center Coast position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Center Coast will appreciate offsetting losses from the drop in the long position's value.Moving together with Center Fund
| 0.89 | KSOCX | Kinetics Small Cap | PairCorr |
| 0.93 | KINAX | Kinetics Internet | PairCorr |
| 0.91 | KNPCX | Kinetics Paradigm | PairCorr |
| 0.91 | WWNPX | Kinetics Paradigm | PairCorr |
Moving against Center Fund
| 0.87 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.82 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.8 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.32 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Center Coast could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Center Coast when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Center Coast - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Center Coast Mlp to buy it.
The correlation of Center Coast is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Center Coast moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Center Coast Mlp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Center Coast can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Center Fund
If you are still planning to invest in Center Coast Mlp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Center Coast's history and understand the potential risks before investing.
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