Alps Intermediate Municipal Etf Performance
| MNBD Etf | USD 25.77 0.08 0.31% |
The etf shows a Beta (market volatility) of 0.0454, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ALPS Intermediate's returns are expected to increase less than the market. However, during the bear market, the loss of holding ALPS Intermediate is expected to be smaller as well.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in ALPS Intermediate Municipal are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound fundamental drivers, ALPS Intermediate is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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ALPS Intermediate Relative Risk vs. Return Landscape
If you would invest 2,564 in ALPS Intermediate Municipal on November 28, 2024 and sell it today you would earn a total of 13.00 from holding ALPS Intermediate Municipal or generate 0.51% return on investment over 90 days. ALPS Intermediate Municipal is currently generating 0.0089% in daily expected returns and assumes 0.191% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than ALPS, and 99% 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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ALPS Intermediate Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ALPS Intermediate's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as ALPS Intermediate Municipal, and traders can use it to determine the average amount a ALPS Intermediate'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 = 0.0466
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Estimated Market Risk
| 0.19 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average ALPS Intermediate is performing at about 3% 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 ALPS Intermediate by adding it to a well-diversified portfolio.
ALPS Intermediate Fundamentals Growth
ALPS Etf prices reflect investors' perceptions of the future prospects and financial health of ALPS Intermediate, and ALPS Intermediate 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 ALPS Etf performance.
| Total Asset | 30.09 M | |||
About ALPS Intermediate Performance
By analyzing ALPS Intermediate's fundamental ratios, stakeholders can gain valuable insights into ALPS Intermediate's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if ALPS Intermediate has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ALPS Intermediate has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus any borrowings for investment purposes, in municipal bonds that pay interest that is generally excludable from gross income for federal income tax purposes . Alps Intermediate is traded on NYSEARCA Exchange in the United States.| The fund maintains all of the assets in different exotic instruments |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ALPS Intermediate Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of ALPS Intermediate is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Intermediate's value that differs from its market value or its book value, called intrinsic value, which is ALPS Intermediate'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 ALPS Intermediate's market value can be influenced by many factors that don't directly affect ALPS Intermediate'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 ALPS Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Intermediate'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.