Eagle Mutual Fund Quote

EGLAX -  USA Fund  

USD 5.48  0.14  2.62%

Eagle MLP is trading at 5.48 as of the 27th of September 2021; that is 2.62% increase since the beginning of the trading day. The fund's open price was 5.34. Eagle MLP has over 55 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Eagle MLP Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2019 and ending today, the 27th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 55

Eagle MLP Mutual Fund Profile

The investment seeks total return from income and capital appreciation. Eagle MLP is traded on NASDAQ Exchange in the United States. more on Eagle MLP
Eagle MLP Strategy has high likelihood to experience some financial distress in the next 2 years
Eagle MLP Strategy generated five year return of -16.0%
This fund retains 97.63% of its assets under management (AUM) in equities
Legal NameEagle MLP Strategy
Thematic Classification
Currently Active Investing Idea (view all)
  Macroaxis Index
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Eagle MLP's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
Beta In Three Year1.73
Startdate14th of September 2012
Eagle MLP Strategy [EGLAX] is traded in USA and was established 27th of September 2021. The fund is listed under Energy Limited Partnership category and is part of Eagle MLP family. The entity is thematically classified as Macroaxis Index. Eagle MLP Strategy currently has accumulated 86.2 M in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was -14.62%.
Check Eagle MLP Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Eagle Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Eagle MLP , and the less return is expected.

Top Eagle MLP Strategy Constituents

Eagle MLP Target Price Odds Analysis

What are Eagle MLP's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Eagle MLP jumping above the current price in 90 days from now is about 15.87%. The Eagle MLP Strategy probability density function shows the probability of Eagle MLP mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Eagle MLP has a beta of 0.7382 suggesting as returns on the market go up, Eagle MLP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Eagle MLP Strategy will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eagle MLP Strategy is significantly underperforming DOW.
 Odds Down 5.48HorizonTargetOdds Up 5.48 
83.92%90 days
 5.48 
15.87%
Based on a normal probability distribution, the odds of Eagle MLP to move above the current price in 90 days from now is about 15.87 (This Eagle MLP Strategy probability density function shows the probability of Eagle Mutual Fund to fall within a particular range of prices over 90 days) .

Eagle MLP Strategy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Eagle MLP market risk premium is the additional return an investor will receive from holding Eagle MLP 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 Eagle MLP. 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 Eagle MLP's alpha and beta are two of the key measurements used to evaluate Eagle MLP's performance over the market, the standard measures of volatility play an important role as well.

Eagle MLP Against Markets

Picking the right benchmark for Eagle MLP mutual fund 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 Eagle MLP mutual fund 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 Eagle MLP is critical whether you are bullish or bearish towards Eagle MLP Strategy at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eagle MLP without increasing your portfolio risk or giving up 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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Equity Forecasting

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Continue to Investing Opportunities. Note that the Eagle MLP Strategy information on this page should be used as a complementary analysis to other Eagle MLP'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Eagle MLP Strategy price analysis, check to measure Eagle MLP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle MLP is operating at the current time. Most of Eagle MLP's value examination focuses on studying past and present price action to predict the probability of Eagle MLP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eagle MLP's price. Additionally, you may evaluate how the addition of Eagle MLP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Eagle MLP's value and its price as these two are different measures arrived at by different means. Investors typically determine Eagle MLP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle MLP'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.