Steelpath Select Financials
| MLPEX Fund | USD 7.88 0.12 1.55% |
Steelpath |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Steelpath Select Fund Summary
Steelpath Select competes with Saat Moderate, Qs Moderate, Strategic Allocation:, Moderately Aggressive, and Transamerica Cleartrack. Under normal circumstances, the fund invests at least 80 percent of its net assets in master limited partnership investments of issuers that are engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources, and in derivatives and other instruments that have economic characteristics similar to such securities.Specialization | Energy Limited Partnership, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US8582688086 |
| Business Address | SteelPath MLP Funds |
| Mutual Fund Family | Invesco |
| Mutual Fund Category | Energy Limited Partnership |
| Benchmark | Dow Jones Industrial |
| Phone | 800 959 4246 |
| Currency | USD - US Dollar |
Steelpath Select Key Financial Ratios
Steelpath Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Steelpath Select's current stock value. Our valuation model uses many indicators to compare Steelpath Select value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Steelpath Select competition to find correlations between indicators driving Steelpath Select's intrinsic value. More Info.Steelpath Select 40 is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Steelpath Select 40 is roughly 13.22 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Steelpath Select's earnings, one of the primary drivers of an investment's value.Steelpath Select Systematic Risk
Steelpath Select's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Steelpath Select volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Steelpath Select correlated with the market. If Beta is less than 0 Steelpath Select generally moves in the opposite direction as compared to the market. If Steelpath Select Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Steelpath Select is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Steelpath Select is generally in the same direction as the market. If Beta > 1 Steelpath Select moves generally in the same direction as, but more than the movement of the benchmark.
Steelpath Select December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Steelpath Select help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Steelpath Select 40. We use our internally-developed statistical techniques to arrive at the intrinsic value of Steelpath Select 40 based on widely used predictive technical indicators. In general, we focus on analyzing Steelpath Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Steelpath Select's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6778 | |||
| Information Ratio | 0.1225 | |||
| Maximum Drawdown | 3.98 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.71 |
Other Information on Investing in Steelpath Mutual Fund
Steelpath Select financial ratios help investors to determine whether Steelpath Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Steelpath with respect to the benefits of owning Steelpath Select security.
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