Maingate Mlp Fund Price on November 7, 2023
| AMLPX Fund | USD 8.36 0.02 0.24% |
If you're considering investing in Maingate Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Maingate Mlp stands at 8.36, as last reported on the 14th of May 2024, with the highest price reaching 8.36 and the lowest price hitting 8.36 during the day. Maingate Mlp appears to be very steady, given 3 months investment horizon. Maingate Mlp has Sharpe Ratio of 0.29, which conveys that the entity had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Maingate Mlp, which you can use to evaluate the volatility of the fund. Please exercise Maingate Mlp's Risk Adjusted Performance of 0.1827, downside deviation of 0.8783, and Mean Deviation of 0.4921 to check out if our risk estimates are consistent with your expectations.
Maingate Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Maingate |
Sharpe Ratio = 0.2934
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Maingate Mlp is performing at about 22% 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 Maingate Mlp by adding it to a well-diversified portfolio.
Maingate Mlp Valuation on November 7, 2023
It is possible to determine the worth of Maingate Mlp on a given historical date. On November 7, 2023 Maingate was worth 7.4 at the beginning of the trading date compared to the closed value of 7.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maingate Mlp mutual fund. Still, in general, we apply an absolute valuation method to find Maingate Mlp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Maingate Mlp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maingate Mlp's related companies.
| Open | High | Low | Close | Volume | |
| 7.48 | 7.48 | 7.28 | 7.28 | 1.00 | |
11/07/2023 | 7.40 | 7.40 | 7.20 | 7.20 | 1.00 |
| 7.31 | 7.31 | 7.12 | 7.12 | 1.00 |
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Maingate Mlp Trading Date Momentum on November 7, 2023
| On November 08 2023 Maingate Mlp Fund was traded for 7.12 at the closing time. The highest daily price throughout the period was 7.31 and the lowest price was 7.12 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.11% . The trading delta at closing time to current closing price is 3.89% . |
Maingate Mlp Fundamentals Correlations and Trends
By evaluating Maingate Mlp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Maingate Mlp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Maingate financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Maingate Mlp Mutual Fund history
Maingate Mlp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Maingate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Maingate Mlp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Maingate Mlp stock prices may prove useful in developing a viable investing in Maingate Mlp
The fund seeks to generate total return, comprised of capital appreciation and income, by investing in master limited partnership interests. Maingate MLP is traded on NASDAQ Exchange in the United States.
Maingate Mlp Mutual Fund Technical Analysis
Maingate Mlp technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Maingate Mlp Period Price Range
Low | November 7, 2023
| High |
7.40 | 7.20 |
Maingate Mlp May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Maingate Mlp mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maingate Mlp shares will generate the highest return on investment. By undertsting and applying Maingate Mlp mutual fund market strength indicators, traders can identify Maingate Mlp Fund entry and exit signals to maximize returns
Maingate Mlp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Maingate Mlp's price direction in advance. Along with the technical and fundamental analysis of Maingate Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Maingate to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1827 | |||
| Jensen Alpha | 0.1507 | |||
| Total Risk Alpha | 0.1103 | |||
| Sortino Ratio | 0.1341 | |||
| Treynor Ratio | 0.3478 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Maingate Mlp Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.