Maingate Mlp Fund Fundamentals
| MLCPX Fund | USD 8.82 0.04 0.45% |
Maingate Mlp Fund fundamentals help investors to digest information that contributes to Maingate Mlp's financial success or failures. It also enables traders to predict the movement of Maingate Mutual Fund. The fundamental analysis module provides a way to measure Maingate Mlp'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 Maingate Mlp mutual fund.
Maingate |
Maingate Mlp Fund Mutual Fund Price To Book Analysis
Maingate Mlp's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Maingate Mlp Price To Book | 2.09 X |
Most of Maingate Mlp's fundamental indicators, such as Price To Book, 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, Maingate Mlp Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, Maingate Mlp Fund has a Price To Book of 2.09 times. This is much higher than that of the MainGate Trust family and significantly higher than that of the Energy Limited Partnership category. The price to book for all United States funds is notably lower than that of the firm.
Maingate Mlp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Maingate Mlp's current stock value. Our valuation model uses many indicators to compare Maingate Mlp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Maingate Mlp competition to find correlations between indicators driving Maingate Mlp's intrinsic value. More Info.Maingate Mlp Fund is rated below average in price to earning among similar funds. It also is rated below average in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Maingate Mlp Fund is roughly 12.83 . 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 Maingate Mlp's earnings, one of the primary drivers of an investment's value.Maingate Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Maingate Mlp's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Maingate Mlp could also be used in its relative valuation, which is a method of valuing Maingate Mlp by comparing valuation metrics of similar companies.Maingate Mlp is rated below average in price to book among similar funds.
Fund Asset Allocation for Maingate Mlp
The fund invests 100.0% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides Maingate Mlp's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Maingate Fundamentals
| Price To Earning | 26.82 X | ||||
| Price To Book | 2.09 X | ||||
| Price To Sales | 0.90 X | ||||
| Total Asset | 18.84 M | ||||
| Annual Yield | 0.05 % | ||||
| Year To Date Return | 39.15 % | ||||
| One Year Return | 39.36 % | ||||
| Three Year Return | 30.99 % | ||||
| Five Year Return | 19.86 % | ||||
| Net Asset | 738.23 M | ||||
| Last Dividend Paid | 0.1 | ||||
| Equity Positions Weight | 100.00 % |
About Maingate Mlp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Maingate Mlp Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Maingate Mlp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Maingate Mlp Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual 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.The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited partnership interests. It seeks to achieve its investment objective by investing at least 80 percent of its net assets in MLP interests under normal circumstances. MLPs are publicly traded partnerships primarily engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. Under normal circumstances, the fund concentrates its investments in MLPs in the energy sector. It is non-diversified.
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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.
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