Center Coast Price To Book vs. Year To Date Return

CCCCX Fund  USD 5.50  0.09  1.66%   
Based on Center Coast's profitability indicators, Center St Mlp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Center Coast's ability to earn profits and add value for shareholders.
For Center Coast profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Center Coast to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Center St Mlp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Center Coast's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Center St Mlp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Center Coast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Center Coast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Center Coast'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.

Center St Mlp Year To Date Return vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Center Coast's current stock value. Our valuation model uses many indicators to compare Center Coast value to that of its competitors to determine the firm's financial worth.
Center St Mlp is fourth largest fund in price to book among similar funds. It is the top fund in year to date return among similar funds creating about  37.98  of Year To Date Return per Price To Book. 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 Center Coast's earnings, one of the primary drivers of an investment's value.

Center Year To Date Return vs. Price To Book

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.

Center Coast

P/B

 = 

MV Per Share

BV Per Share

 = 
1.30 X
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.
Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

Center Coast

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
49.37 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.

Center Year To Date Return Comparison

Center St is currently under evaluation in year to date return among similar funds.

Center Coast Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Center Coast, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Center Coast will eventually generate negative long term returns. The profitability progress is the general direction of Center Coast's change in net profit over the period of time. It can combine multiple indicators of Center Coast, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets in a portfolio of master limited partnerships and in other investments that have economic characteristics similar to such securities. The advisor concentrates in securities of companies in the energy infrastructure industry and the energy industry, and the advisor intends to make the majority of its investments in midstream securities. The fund is non-diversified.

Center Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Center Coast. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Center Coast position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Center Coast's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Center Coast without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Piotroski F Score

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Use Investing Themes to Complement your Center Coast position

In addition to having Center Coast in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Non-Metallic and Industrial Metal Mining
Non-Metallic and Industrial Metal Mining Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Other Information on Investing in Center Mutual Fund

To fully project Center Coast's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Center St Mlp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Center Coast's income statement, its balance sheet, and the statement of cash flows.
Potential Center Coast investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Center Coast investors may work on each financial statement separately, they are all related. The changes in Center Coast's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Center Coast'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.
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