ETRACS Quarterly is selling at 64.38 as of the 28th of November 2024; that is 2.08% increase since the beginning of the trading day. The etf's lowest day price was 63.96. ETRACS Quarterly has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ETRACS Quarterly Pay are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The index measures the composite performance of energy MLPs, and is calculated by SP using a capped, float-adjusted, capitalization-weighted methodology. Etracs Quarterly is traded on NYSEARCA Exchange in the United States. More on ETRACS Quarterly Pay
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
Currency Code
USD
Open Figi
BBG00V775JP4
In Threey Volatility
27.69
1y Volatility
15.17
200 Day M A
56.9094
50 Day M A
57.5202
Code
MLPR
Updated At
27th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.93
Type
ETF
ETRACS Quarterly Pay [MLPR] is traded in USA and was established 2020-06-02. The fund is listed under Trading--Leveraged Equity category and is part of UBS family. The entity is thematically classified as Sector ETFs. ETRACS Quarterly Pay now have 31.84 M in assets. , while the total return for the last 3 years was 37.2%.
Check ETRACS Quarterly Probability Of Bankruptcy
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 ETRACS Quarterly. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether ETRACS Quarterly Pay is a strong investment it is important to analyze ETRACS Quarterly's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ETRACS Quarterly's future performance. For an informed investment choice regarding ETRACS Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETRACS Quarterly Pay. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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The market value of ETRACS Quarterly Pay is measured differently than its book value, which is the value of ETRACS that is recorded on the company's balance sheet. Investors also form their own opinion of ETRACS Quarterly's value that differs from its market value or its book value, called intrinsic value, which is ETRACS Quarterly'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 ETRACS Quarterly's market value can be influenced by many factors that don't directly affect ETRACS Quarterly'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 ETRACS Quarterly's value and its price as these two are different measures arrived at by different means. Investors typically determine if ETRACS Quarterly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETRACS Quarterly'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.