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RMLPX
Mutual Fund ticker: NASDAQ
AS OF
Dec 18 closing price
Price
$23.31
Change
-$0.68 (-2.83%)
Net Assets
1.03B

RMLPX Recurrent MLP & Infrastructure Class I Forecast, Technical & Fundamental Analysis

Category Energy
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Phillips 66 (NYSE:PSX), Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Suncor Energy (NYSE:SU), Cheniere Energy (NYSE:LNG), Plains GP Holdings LP (NASDAQ:PAGP).

Industry description

The investment seeks total return including substantial current income from a portfolio of MLP and energy infrastructure investments. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in energy infrastructure and master limited partnership ("MLP") investments. It may invest 20% of its net assets in sectors outside of energy infrastructure investments, including, without limitation, securities of corporations that operate in the energy sector or that hold energy assets. The fund is non-diversified.

Market Cap

The average market capitalization across the Recurrent MLP & Infrastructure Class I MF is 38.6B. The market cap for tickers in the group ranges from 3.63B to 69.88B. PSX holds the highest valuation in this group at 69.88B. The lowest valued company is PAGP at 3.63B.

Volume

The average weekly volume growth across all stocks in the Recurrent MLP & Infrastructure Class I MF was -8%. For the same stocks of the MF, the average monthly volume growth was -14% and the average quarterly volume growth was 11%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 28
P/E Growth Rating: 37
Price Growth Rating: 52
SMR Rating: 50
Profit Risk Rating: 40
Seasonality Score: 32 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category Energy

Profile
Fundamentals
Details
Category
Energy Limited Partnership
Address
Two Roads Shared Trust (Redwood)17605 WRIGHT STREETOMAHA
Phone
N/A
Web
www.redwoodmutualfund.com
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RMLPX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RMLPX has been closely correlated with SOAEX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if RMLPX jumps, then SOAEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RMLPX
1D Price
Change %
RMLPX100%
-0.66%
SOAEX - RMLPX
96%
Closely correlated
-0.52%
SAIEX - RMLPX
96%
Closely correlated
-0.59%
SACEX - RMLPX
96%
Closely correlated
-0.53%
INFRX - RMLPX
96%
Closely correlated
-0.54%
INFFX - RMLPX
96%
Closely correlated
-0.66%
More