Jpmorgan Alerian Mlp Etf Five Year Return
| AMJ Etf | USD 27.61 0.30 1.10% |
JPMorgan Alerian MLP fundamentals help investors to digest information that contributes to JPMorgan Alerian's financial success or failures. It also enables traders to predict the movement of JPMorgan Etf. The fundamental analysis module provides a way to measure JPMorgan Alerian's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to JPMorgan Alerian etf.
JPMorgan |
JPMorgan Alerian MLP ETF Five Year Return Analysis
JPMorgan Alerian's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current JPMorgan Alerian Five Year Return | 9.30 % |
Most of JPMorgan Alerian's fundamental indicators, such as Five Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, JPMorgan Alerian MLP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, JPMorgan Alerian MLP has a Five Year Return of 9.3%. This is much higher than that of the JPMorgan family and significantly higher than that of the Energy Limited Partnership category. The five year return for all United States etfs is notably lower than that of the firm.
JPMorgan Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JPMorgan Alerian's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of JPMorgan Alerian could also be used in its relative valuation, which is a method of valuing JPMorgan Alerian by comparing valuation metrics of similar companies.JPMorgan Alerian is currently under evaluation in five year return as compared to similar ETFs.
JPMorgan Fundamentals
| Number Of Employees | 28 | |||
| Beta | 0.69 | |||
| Total Asset | 2.13 B | |||
| One Year Return | 28.10 % | |||
| Three Year Return | 25.00 % | |||
| Five Year Return | 9.30 % | |||
| Ten Year Return | 1.30 % | |||
| Net Asset | 2.13 B | |||
| Last Dividend Paid | 0.52 |
About JPMorgan Alerian Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze JPMorgan Alerian MLP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JPMorgan Alerian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JPMorgan Alerian MLP based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with JPMorgan Alerian
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JPMorgan Alerian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JPMorgan Alerian will appreciate offsetting losses from the drop in the long position's value.Moving together with JPMorgan Etf
| 0.94 | EMLP | First Trust North | PairCorr |
| 1.0 | MLPA | Global X MLP | PairCorr |
| 0.96 | MLPX | Global X MLP | PairCorr |
| 0.95 | TPYP | Tortoise North American | PairCorr |
The ability to find closely correlated positions to JPMorgan Alerian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JPMorgan Alerian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JPMorgan Alerian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JPMorgan Alerian MLP to buy it.
The correlation of JPMorgan Alerian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JPMorgan Alerian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JPMorgan Alerian MLP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JPMorgan Alerian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out JPMorgan Alerian Piotroski F Score and JPMorgan Alerian Altman Z Score analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of JPMorgan Alerian MLP is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Alerian's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan 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 JPMorgan Alerian's market value can be influenced by many factors that don't directly affect JPMorgan 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 JPMorgan Alerian's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Alerian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan 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.