Entergy Price Earnings To Growth Ratio from 2010 to 2024
| EMP Stock | USD 22.49 0.40 1.81% |
Price Earnings To Growth Ratio | First Reported 2010-12-31 | Previous Quarter 0.08525827 | Current Value 0.0895 | Quarterly Volatility 1.93399453 |
Check Entergy Mississippi financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entergy Mississippi's main balance sheet or income statement drivers, such as Total Revenue of 9.8 B, Gross Profit of 5 B or Operating Income of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0488 or PTB Ratio of 1.18. Entergy financial statements analysis is a perfect complement when working with Entergy Mississippi Valuation or Volatility modules.
Entergy | Price Earnings To Growth Ratio |
Latest Entergy Mississippi's Price Earnings To Growth Ratio Growth Pattern
Below is the plot of the Price Earnings To Growth Ratio of Entergy Mississippi LLC over the last few years. It is Entergy Mississippi's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Entergy Mississippi's overall financial position and show how it may be relating to other accounts over time.
| Price Earnings To Growth Ratio | 10 Years Trend |
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Price Earnings To Growth Ratio |
| Timeline |
Entergy Price Earnings To Growth Ratio Regression Statistics
| Arithmetic Mean | (0.30) | |
| Geometric Mean | 0.46 | |
| Coefficient Of Variation | (646.86) | |
| Mean Deviation | 1.07 | |
| Median | 0.09 | |
| Standard Deviation | 1.93 | |
| Sample Variance | 3.74 | |
| Range | 8.4263 | |
| R-Value | (0.31) | |
| Mean Square Error | 3.65 | |
| R-Squared | 0.09 | |
| Significance | 0.26 | |
| Slope | (0.13) | |
| Total Sum of Squares | 52.36 |
Entergy Price Earnings To Growth Ratio History
About Entergy Mississippi Financial Statements
Entergy Mississippi shareholders use historical fundamental indicators, such as Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Entergy Mississippi investors may analyze each financial statement separately, they are all interrelated. The changes in Entergy Mississippi's assets and liabilities, for example, are also reflected in the revenues and expenses on on Entergy Mississippi'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 | ||
| Price Earnings To Growth Ratio | 0.09 | 0.09 |
Pair Trading with Entergy Mississippi
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 Entergy Mississippi 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 Entergy Mississippi will appreciate offsetting losses from the drop in the long position's value.Moving together with Entergy Stock
Moving against Entergy Stock
| 0.82 | ADN | Advent Technologies | PairCorr |
| 0.64 | CDZIP | Cadiz Depositary Shares | PairCorr |
| 0.6 | ELLO | Ellomay Capital | PairCorr |
| 0.55 | EVRG | Evergy, | PairCorr |
| 0.54 | NI | NiSource | PairCorr |
The ability to find closely correlated positions to Entergy Mississippi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy Mississippi 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 Entergy Mississippi - 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 Entergy Mississippi LLC to buy it.
The correlation of Entergy Mississippi 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 Entergy Mississippi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy Mississippi LLC 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 Entergy Mississippi 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 Entergy Stock Analysis
When running Entergy Mississippi's price analysis, check to measure Entergy Mississippi'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 Entergy Mississippi is operating at the current time. Most of Entergy Mississippi's value examination focuses on studying past and present price action to predict the probability of Entergy Mississippi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy Mississippi's price. Additionally, you may evaluate how the addition of Entergy Mississippi to your portfolios can decrease your overall portfolio volatility.