Clearbridge Energy Mlp Fund Price on December 29, 2023
| EMO Fund | USD 41.37 0.07 0.17% |
Below is the normalized historical share price chart for Clearbridge Energy Mlp extending back to June 10, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Clearbridge Energy stands at 41.37, as last reported on the 27th of April, with the highest price reaching 41.52 and the lowest price hitting 41.10 during the day.
If you're considering investing in Clearbridge Fund, it is important to understand the factors that can impact its price. Clearbridge Energy appears to be very steady, given 3 months investment horizon. Clearbridge Energy Mlp secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the fund had a 0.26% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clearbridge Energy Mlp, which you can use to evaluate the volatility of the entity. Please makes use of Clearbridge Energy's risk adjusted performance of 0.1991, and Mean Deviation of 0.7638 to double-check if our risk estimates are consistent with your expectations.
Clearbridge Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Clearbridge |
Sharpe Ratio = 0.2624
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Clearbridge Energy is performing at about 20% 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 Clearbridge Energy by adding it to a well-diversified portfolio.
Market Capitalization 395.6 M |
Clearbridge Energy Valuation on December 29, 2023
It is possible to determine the worth of Clearbridge Energy on a given historical date. On December 29, 2023 Clearbridge was worth 34.9 at the beginning of the trading date compared to the closed value of 34.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Clearbridge Energy fund. Still, in general, we apply an absolute valuation method to find Clearbridge Energy'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 Clearbridge Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Clearbridge Energy's related companies.
| Open | High | Low | Close | Volume | |
| 34.86 | 35.06 | 34.34 | 34.34 | 36,813 | |
12/29/2023 | 34.90 | 35.00 | 34.29 | 34.29 | 15,119 |
| 35.00 | 35.03 | 34.24 | 34.24 | 27,747 |
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Clearbridge Energy Trading Date Momentum on December 29, 2023
| On January 02 2024 Clearbridge Energy Mlp was traded for 34.24 at the closing time. Highest Clearbridge Energy's price during the trading hours was 35.03 and the lowest price during the day was 34.24 . The net volume was 27.7 K. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.15% . The overall trading delta to current price is 0.58% . |
Clearbridge Energy Mlp Fundamentals Correlations and Trends
By evaluating Clearbridge Energy'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 Clearbridge Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Clearbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Clearbridge Energy Fund history
Clearbridge Energy 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 Clearbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Clearbridge Energy 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 Clearbridge Energy stock prices may prove useful in developing a viable investing in Clearbridge Energy
ClearBridge Energy MLP Opportunity Fund Inc. is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. ClearBridge Energy MLP Opportunity Fund Inc. was formed on April 5, 2011 and is domiciled in the United States. Clearbridge Energy operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Clearbridge Energy Fund Technical Analysis
Clearbridge Energy technical 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
Clearbridge Energy Period Price Range
Low | December 29, 2023
| High |
34.90 | 34.29 |
Clearbridge Energy April 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Clearbridge Energy fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Clearbridge Energy shares will generate the highest return on investment. By undertsting and applying Clearbridge Energy fund market strength indicators, traders can identify Clearbridge Energy Mlp entry and exit signals to maximize returns
| Accumulation Distribution | 306.7 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 34.64 | |||
| Day Typical Price | 34.53 | |||
| Price Action Indicator | (0.66) | |||
| Period Momentum Indicator | 7.08 |
Clearbridge Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Clearbridge Energy's price direction in advance. Along with the technical and fundamental analysis of Clearbridge Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Clearbridge 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 | 0.1991 | |||
| Jensen Alpha | 0.2775 | |||
| Total Risk Alpha | 0.1718 | |||
| Sortino Ratio | 0.2004 | |||
| Treynor Ratio | 1.29 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Clearbridge Energy Mlp. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.