Entergy Price Fair Value from 2010 to 2024
| ENO Stock | USD 23.45 0.03 0.13% |
Price Fair Value | First Reported 2010-12-31 | Previous Quarter 5.9635282 | Current Value 6.26 | Quarterly Volatility 5.61714334 |
Check Entergy New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entergy New's main balance sheet or income statement drivers, such as Depreciation And Amortization of 77.2 M, Total Revenue of 801.7 M or Gross Profit of 271.1 M, as well as many indicators such as Price To Sales Ratio of 5.99, Dividend Yield of 0.0234 or PTB Ratio of 6.26. Entergy financial statements analysis is a perfect complement when working with Entergy New Valuation or Volatility modules.
Entergy | Price Fair Value |
Latest Entergy New's Price Fair Value Growth Pattern
Below is the plot of the Price Fair Value of Entergy New Orleans over the last few years. It is Entergy New's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Entergy New's overall financial position and show how it may be relating to other accounts over time.
| Price Fair Value | 10 Years Trend |
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Price Fair Value |
| Timeline |
Entergy Price Fair Value Regression Statistics
| Arithmetic Mean | 4.08 | |
| Coefficient Of Variation | 137.79 | |
| Mean Deviation | 4.58 | |
| Median | 5.96 | |
| Standard Deviation | 5.62 | |
| Sample Variance | 31.55 | |
| Range | 20.9795 | |
| R-Value | 0.70 | |
| Mean Square Error | 17.42 | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 0.88 | |
| Total Sum of Squares | 441.73 |
Entergy Price Fair Value History
About Entergy New Financial Statements
Entergy New investors utilize fundamental indicators, such as Price Fair Value, to predict how Entergy Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Fair Value | 5.96 | 6.26 |
Pair Trading with Entergy New
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 New 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 New will appreciate offsetting losses from the drop in the long position's value.Moving against Entergy Stock
| 0.43 | VIRC | Virco Manufacturing | PairCorr |
| 0.43 | VRSK | Verisk Analytics | PairCorr |
| 0.32 | DLHC | DLH Holdings Corp Fiscal Year End 4th of December 2024 | PairCorr |
The ability to find closely correlated positions to Entergy New 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 New 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 New - 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 New Orleans to buy it.
The correlation of Entergy New 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 New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy New Orleans 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 New 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.Check out the analysis of Entergy New Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Entergy New. If investors know Entergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Entergy New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.0934 |
The market value of Entergy New Orleans is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy New's value that differs from its market value or its book value, called intrinsic value, which is Entergy New'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 Entergy New's market value can be influenced by many factors that don't directly affect Entergy New'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 Entergy New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy New'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.