Etracs Alerian Midstream Etf Profile
| AMTR Etf | USD 58.17 0.30 0.52% |
Performance17 of 100
| Odds Of DistressLess than 9
|
ETRACS Alerian is selling at 58.17 as of the 8th of May 2024; that is 0.52 percent increase since the beginning of the trading day. The etf's lowest day price was 58.17. ETRACS Alerian has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for ETRACS Alerian Midstream are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
Etracs Alerian is traded on NYSEARCA Exchange in the United States. More on ETRACS Alerian Midstream
Moving together with ETRACS Etf
| 0.98 | EMLP | First Trust North | PairCorr |
| 0.97 | AMJ | JPMorgan Alerian MLP | PairCorr |
| 0.97 | MLPA | Global X MLP | PairCorr |
| 1.0 | MLPX | Global X MLP | PairCorr |
| 1.0 | TPYP | Tortoise North American | PairCorr |
| 0.96 | AMZA | InfraCap MLP ETF | PairCorr |
| 0.98 | MLPB | UBS AG London | PairCorr |
Moving against ETRACS Etf
| 0.6 | YCL | ProShares Ultra Yen | PairCorr |
| 0.56 | FXY | Invesco CurrencyShares | PairCorr |
ETRACS Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ETRACS Alerian's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ETRACS Alerian or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Energy ETFs, Sector ETFs, Energy Limited Partnership, UBS (View all Sectors) |
| Issuer | UBS |
| Inception Date | 2020-10-20 |
| Benchmark | Alerian Midstream Energy Adjusted Net Total Return Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 69.86 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Energy |
| Market Concentration | Developed Markets |
| Region | North America |
| Advisor | UBS AG (London Branch) |
| Exchange | NYSE Arca, Inc. |
| Market Maker | IMC |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 9.79 |
| Name | ETRACS Alerian Midstream Energy Total Return Index ETN |
| Currency Code | USD |
| Open Figi | BBG00XY92M81 |
| In Threey Volatility | 19.16 |
| 1y Volatility | 13.46 |
| 200 Day M A | 52.7954 |
| 50 Day M A | 56.9862 |
| Code | AMTR |
| Updated At | 7th of May 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.73 |
| Type | ETF |
ETRACS Alerian Midstream [AMTR] is traded in USA and was established 2020-10-20. The fund is listed under Energy Limited Partnership category and is part of UBS family. The entity is thematically classified as Energy ETFs. ETRACS Alerian Midstream presently have 52.15 M in assets under management (AUM). , while the total return for the last 3 years was 15.6%.
Check ETRACS Alerian Probability Of Bankruptcy
Top ETRACS Alerian Midstream Etf Constituents
| Pembina Pipeline Corp | 6.1% |
| Kinder Morgan Inc | 8.89% |
| Enterprise Products Partners LP | 10.02% |
| Cheniere Energy Inc | 5.29% |
| Magellan Midstream Partners LP | 4.52% |
| Enbridge Inc | 9.15% |
| Energy Transfer Operating Lp | 8.21% |
| TC Energy Corp | 7.88% |
| ONEOK Inc. | 6.27% |
| Williams Cos Inc/The | 9.14% |
ETRACS Alerian Target Price Odds Analysis
In regard to a normal probability distribution, the odds of ETRACS Alerian jumping above the current price in 90 days from now is about 14.57%. The ETRACS Alerian Midstream probability density function shows the probability of ETRACS Alerian etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ETRACS Alerian has a beta of 0.7614. This suggests as returns on the market go up, ETRACS Alerian average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ETRACS Alerian Midstream will be expected to be much smaller as well. Additionally, eTRACS Alerian Midstream has an alpha of 0.0739, implying that it can generate a 0.0739 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ETRACS Alerian to move above the current price in 90 days from now is about 14.57 (This ETRACS Alerian Midstream probability density function shows the probability of ETRACS Etf to fall within a particular range of prices over 90 days) .
ETRACS Alerian Midstream Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ETRACS Alerian market risk premium is the additional return an investor will receive from holding ETRACS Alerian long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ETRACS Alerian. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ETRACS Alerian's alpha and beta are two of the key measurements used to evaluate ETRACS Alerian's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1081 | |||
| Jensen Alpha | 0.0739 | |||
| Total Risk Alpha | 0.0414 | |||
| Sortino Ratio | 0.0759 |
ETRACS Alerian Against Markets
Picking the right benchmark for ETRACS Alerian etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ETRACS Alerian etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ETRACS Alerian is critical whether you are bullish or bearish towards ETRACS Alerian Midstream at a given time. Please also check how ETRACS Alerian's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ETRACS Alerian 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.Did you try this?
Run Equity Search Now
Equity SearchSearch for actively traded equities including funds and ETFs from over 30 global markets |
| All Next | Launch Module |
How to buy ETRACS Etf?
Before investing in ETRACS Alerian, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ETRACS Alerian. To buy ETRACS Alerian etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ETRACS Alerian. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ETRACS Alerian etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ETRACS Alerian Midstream etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ETRACS Alerian Midstream etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ETRACS Alerian Midstream, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ETRACS Etf please use our How to Invest in ETRACS Alerian guide.
Already Invested in ETRACS Alerian Midstream?
The danger of trading ETRACS Alerian Midstream is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ETRACS Alerian is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ETRACS Alerian. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ETRACS Alerian Midstream is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ETRACS Alerian Midstream is a strong investment it is important to analyze ETRACS Alerian's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS Alerian's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports: 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.