Ngl Energy Partners Stock Alpha and Beta Analysis
| NGL Stock | USD 4.44 0.01 0.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as NGL Energy Partners. It also helps investors analyze the systematic and unsystematic risks associated with investing in NGL Energy over a specified time horizon. Remember, high NGL Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to NGL Energy's market risk premium analysis include:
Beta 0.36 | Alpha 0.0602 | Risk 2.89 | Sharpe Ratio 0.0289 | Expected Return 0.0836 |
NGL Energy Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
NGL |
NGL Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. NGL Energy market risk premium is the additional return an investor will receive from holding NGL Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NGL Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate NGL Energy's performance over market.| α | 0.06 | β | 0.36 |
NGL Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of NGL Energy's Buy-and-hold return. Our buy-and-hold chart shows how NGL Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.NGL Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how NGL Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NGL Energy shares will generate the highest return on investment. By understating and applying NGL Energy stock market price indicators, traders can identify NGL Energy position entry and exit signals to maximize returns.
NGL Energy Return and Market Media
The median price of NGL Energy for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 4.32 with a coefficient of variation of 5.37. The daily time series for the period is distributed with a sample standard deviation of 0.23, arithmetic mean of 4.34, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NGL Energy Partners LP 9.625 PFD UNIT C declares 0.7947 dividend | 09/19/2024 |
2 | Acquisition by Shawn Coady of 12500 shares of NGL Energy subject to Rule 16b-3 | 09/26/2024 |
3 | Pieridae to Hold Conference Call and Webcast to Discuss Third Quarter 2024 Results | 10/10/2024 |
4 | Acquisition by James Collingsworth of 69899 shares of NGL Energy at 5.819 subject to Rule 16b-3 | 10/23/2024 |
5 | Pre Q3 Earnings How Should You Play Enterprise Products Stock | 10/24/2024 |
6 | Targa Resources Corp. Reports Record Third Quarter 2024 Results and Announces Expectations for a 33 percent Year-Over-Year Increase to its 2025 Common Dividend | 11/05/2024 |
7 | National Guardian Life Insurance Company selects Equisofts turnkey SaaS insurance solution to enhance its Preneed Life Business capabilities | 11/07/2024 |
8 | NGL Energy Partners posts mixed Q2 results, shares down 3 | 11/12/2024 |
9 | Q2 2025 NGL Energy Partners LP Earnings Call Transcript | 11/13/2024 |
About NGL Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including NGL or other stocks. Alpha measures the amount that position in NGL Energy Partners has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2020 | 2021 | 2023 (projected) | Dividend Yield | 0.54 | 0.23 | 0.21 | Price To Sales Ratio | 0.0503 | 0.0363 | 0.11 |
NGL Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of NGL Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NGL Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of NGL Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of NGL Energy. Please utilize our Beneish M Score to check the likelihood of NGL Energy's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 29th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Build Portfolio with NGL Energy
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Check out NGL Energy Backtesting, NGL Energy Valuation, NGL Energy Correlation, NGL Energy Hype Analysis, NGL Energy Volatility, NGL Energy History and analyze NGL Energy Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
NGL Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.