Etracs Alerian Midstream Etf Performance
| AMTR Etf | USD 80.90 1.02 1.28% |
The etf shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, ETRACS Alerian's returns are expected to increase less than the market. However, during the bear market, the loss of holding ETRACS Alerian is expected to be smaller as well.
Risk-Adjusted Performance
26 of 100
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Strong
Compared to the overall equity markets, risk-adjusted returns on investments in ETRACS Alerian Midstream are ranked lower than 26 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, ETRACS Alerian reported solid returns over the last few months and may actually be approaching a breakup point. ...more
ETRACS |
ETRACS Alerian Relative Risk vs. Return Landscape
If you would invest 6,641 in ETRACS Alerian Midstream on September 2, 2024 and sell it today you would earn a total of 1,449 from holding ETRACS Alerian Midstream or generate 21.82% return on investment over 90 days. ETRACS Alerian Midstream is currently generating 0.3129% in daily expected returns and assumes 0.9129% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of etfs are less volatile than ETRACS, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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ETRACS Alerian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ETRACS Alerian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ETRACS Alerian Midstream, and traders can use it to determine the average amount a ETRACS Alerian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3428
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Estimated Market Risk
| 0.91 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 26 74% of assets perform better |
Based on monthly moving average ETRACS Alerian is performing at about 26% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ETRACS Alerian by adding it to a well-diversified portfolio.
ETRACS Alerian Fundamentals Growth
ETRACS Etf prices reflect investors' perceptions of the future prospects and financial health of ETRACS Alerian, and ETRACS Alerian 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 ETRACS Etf performance.
| Total Asset | 52.15 M | |||
About ETRACS Alerian Performance
Assessing ETRACS Alerian's fundamental ratios provides investors with valuable insights into ETRACS Alerian's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the ETRACS Alerian is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Etracs Alerian is traded on NYSEARCA Exchange in the United States.| The fund holds all of the assets under management (AUM) in different types of exotic instruments |
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 estimate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.