Alerian Energy Financials
| ENFR Etf | USD 25.56 0.15 0.59% |
Net Expense Ratio 0.0035 | 3 y Sharp Ratio 0.91 |
Alerian |
The data published in Alerian Energy's official financial statements usually reflect Alerian Energy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alerian Energy Infra. For example, before you start analyzing numbers published by Alerian accountants, it's critical to develop an understanding of what Alerian Energy's liquidity, profitability, and earnings quality are in the context of the ALPS space in which it operates.
Please note, the presentation of Alerian Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alerian Energy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alerian Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alerian Energy Infrastructure. Please utilize our Beneish M Score to check the likelihood of Alerian Energy's management manipulating its earnings.
Alerian Energy Etf Summary
Alerian Energy competes with Global X, Tortoise North, First Trust, Global X, and Barclays ETN. The underlying index is a composite of North American energy infrastructure companies engaged in midstream activities involving energy commodities including gathering and processing, liquefaction, pipeline transportation, rail terminaling, and storage . Alerian Energy is traded on NYSEARCA Exchange in the United States.You should never invest in Alerian Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Alerian Etf, because this is throwing your money away. Analyzing the key information contained in Alerian Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Alerian Energy Key Financial Ratios
Generally speaking, Alerian Energy's financial ratios allow both analysts and investors to convert raw data from Alerian Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Alerian Energy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Alerian Energy Infra reports annually and quarterly.Alerian Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alerian Energy's current stock value. Our valuation model uses many indicators to compare Alerian Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alerian Energy competition to find correlations between indicators driving Alerian Energy's intrinsic value. More Info.Alerian Energy Infrastructure is rated # 3 ETF in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Alerian Energy Infrastructure is roughly 13.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alerian Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alerian Energy's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Alerian Energy's earnings, one of the primary drivers of an investment's value.Alerian Energy Infra Systematic Risk
Alerian Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alerian Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Alerian Energy Infra correlated with the market. If Beta is less than 0 Alerian Energy generally moves in the opposite direction as compared to the market. If Alerian Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alerian Energy Infra is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alerian Energy is generally in the same direction as the market. If Beta > 1 Alerian Energy moves generally in the same direction as, but more than the movement of the benchmark.
About Alerian Energy Financials
What exactly are Alerian Energy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Alerian Energy's income statement, its balance sheet, and the statement of cash flows. Potential Alerian Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Alerian Energy investors may use each financial statement separately, they are all related. The changes in Alerian Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alerian Energy'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.Steps to analyze Alerian Energy Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Alerian Energy is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Alerian has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Alerian Energy's financials are consistent with your investment objective using the following steps:- Review Alerian Energy's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Alerian Energy's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Alerian Energy's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Alerian Energy's stock is overvalued or undervalued.
Alerian Energy April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Alerian Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alerian Energy Infrastructure. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alerian Energy Infrastructure based on widely used predictive technical indicators. In general, we focus on analyzing Alerian Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alerian Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7064 | |||
| Information Ratio | 0.1232 | |||
| Maximum Drawdown | 4.22 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.31 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Alerian Energy Infrastructure. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Alerian Energy Infra information on this page should be used as a complementary analysis to other Alerian Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Alerian Energy Infra is measured differently than its book value, which is the value of Alerian that is recorded on the company's balance sheet. Investors also form their own opinion of Alerian Energy's value that differs from its market value or its book value, called intrinsic value, which is Alerian Energy'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 Alerian Energy's market value can be influenced by many factors that don't directly affect Alerian Energy'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 Alerian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alerian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alerian Energy'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.