Cheniere Roic from 2010 to 2024
| CQP Stock | USD 58.42 1.38 2.42% |
ROIC | First Reported 2010-12-31 | Previous Quarter 0.30063877 | Current Value 0.32 | Quarterly Volatility 0.19389087 |
Check Cheniere Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheniere Energy's main balance sheet or income statement drivers, such as Interest Expense of 864.1 M, Other Operating Expenses of 2.4 B or Operating Income of 5.3 B, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.13 or PTB Ratio of 29.94. Cheniere financial statements analysis is a perfect complement when working with Cheniere Energy Valuation or Volatility modules.
Cheniere | Roic |
Latest Cheniere Energy's Roic Growth Pattern
Below is the plot of the Roic of Cheniere Energy Partners over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Cheniere Energy's ROIC historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cheniere Energy's overall financial position and show how it may be relating to other accounts over time.
| Roic | 10 Years Trend |
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Roic |
| Timeline |
Cheniere Roic Regression Statistics
| Arithmetic Mean | 0.12 | |
| Coefficient Of Variation | 155.79 | |
| Mean Deviation | 0.13 | |
| Median | 0.06 | |
| Standard Deviation | 0.19 | |
| Sample Variance | 0.04 | |
| Range | 0.7434 | |
| R-Value | 0.1 | |
| Mean Square Error | 0.04 | |
| R-Squared | 0.01 | |
| Significance | 0.73 | |
| Slope | 0 | |
| Total Sum of Squares | 0.53 |
Cheniere Roic History
About Cheniere Energy Financial Statements
Cheniere Energy shareholders use historical fundamental indicators, such as Roic, to determine how well the company is positioned to perform in the future. Although Cheniere Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Cheniere Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cheniere Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| ROIC | 0.30 | 0.32 |
Pair Trading with Cheniere Energy
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 Cheniere Energy 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 Cheniere Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Cheniere Stock
| 0.7 | AM | Antero Midstream Partners | PairCorr |
| 0.86 | EE | Excelerate Energy | PairCorr |
| 0.94 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.91 | DLNG | Dynagas LNG Partners | PairCorr |
Moving against Cheniere Stock
| 0.76 | LPG | Dorian LPG | PairCorr |
| 0.76 | NAT | Nordic American Tankers | PairCorr |
| 0.66 | PXSAW | Pyxis Tankers | PairCorr |
| 0.59 | GEL | Genesis Energy LP | PairCorr |
| 0.56 | FRO | Frontline | PairCorr |
The ability to find closely correlated positions to Cheniere Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheniere Energy 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 Cheniere Energy - 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 Cheniere Energy Partners to buy it.
The correlation of Cheniere Energy 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 Cheniere Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheniere Energy Partners 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 Cheniere Energy 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.Additional Tools for Cheniere Stock Analysis
When running Cheniere Energy's price analysis, check to measure Cheniere Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cheniere Energy is operating at the current time. Most of Cheniere Energy's value examination focuses on studying past and present price action to predict the probability of Cheniere Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheniere Energy's price. Additionally, you may evaluate how the addition of Cheniere Energy to your portfolios can decrease your overall portfolio volatility.