Entergy New Orleans Stock Price on October 2, 2023

ENO Stock  USD 23.45  0.03  0.13%   
Below is the normalized historical share price chart for Entergy New Orleans extending back to March 24, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Entergy New stands at 23.45, as last reported on the 26th of November, with the highest price reaching 23.65 and the lowest price hitting 23.34 during the day.
IPO Date
24th of March 2016
200 Day MA
23.7514
50 Day MA
24.5408
 
Yuan Drop
 
Covid
If you're considering investing in Entergy Stock, it is important to understand the factors that can impact its price. Entergy New Orleans secures Sharpe Ratio (or Efficiency) of -0.0398, which denotes the company had a -0.0398% return per unit of risk over the last 3 months. Entergy New Orleans exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Entergy New's Mean Deviation of 0.5201, standard deviation of 0.7465, and Variance of 0.5572 to check the risk estimate we provide.
  
At this time, Entergy New's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock is likely to grow to about 847.1 M, while Common Stock Shares Outstanding is likely to drop about 121.9 M. . At this time, Entergy New's Price Sales Ratio is very stable compared to the past year. As of the 26th of November 2024, Price Fair Value is likely to grow to 6.26, while Price To Operating Cash Flows Ratio is likely to drop 18.13. Entergy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0398

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Estimated Market Risk

 0.76
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Entergy New is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Entergy New by adding Entergy New to a well-diversified portfolio.
Market Capitalization
197.8 M

Entergy New Main Headline on 2nd of October 2023

Entergy New Orleans dividend paid on 2nd of October 2023

Entergy New Valuation on October 2, 2023

It is possible to determine the worth of Entergy New on a given historical date. On October 2, 2023 Entergy was worth 21.89 at the beginning of the trading date compared to the closed value of 21.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entergy New stock. Still, in general, we apply an absolute valuation method to find Entergy New's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Entergy New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entergy New's related companies.
 Open High Low Close Volume
  21.76    21.99    21.75    21.88    10,120  
10/02/2023
  21.89    21.89    21.37    21.57    5,919  
  21.23    21.23    20.56    20.71    21,186  
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Open Value
21.89
21.57
Closing Value
24.16
Upside

Entergy New Trading Date Momentum on October 2, 2023

On October 03 2023 Entergy New Orleans was traded for  20.71  at the closing time. Highest Entergy New's price during the trading hours was 21.23  and the lowest price during the day was  20.56 . The net volume was 21.2 K. The overall trading history on the 3rd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.99% . The overall trading delta to current price is 3.99% .

Entergy New Orleans Fundamentals Correlations and Trends

By evaluating Entergy New's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Entergy New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Entergy financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Entergy New Stock history

Entergy New investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Entergy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entergy New Orleans will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Entergy New stock prices may prove useful in developing a viable investing in Entergy New
Last ReportedProjected for Next Year
Common Stock Shares Outstanding212.4 M121.9 M
Net Income Applicable To Common Shares36.6 M44.5 M

Entergy New Stock Technical Analysis

Entergy New 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.
A focus of Entergy New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Entergy New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Entergy New Period Price Range

Low
November 26, 2024
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High

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Entergy New Orleans cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Entergy New November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Entergy New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entergy New shares will generate the highest return on investment. By undertsting and applying Entergy New stock market strength indicators, traders can identify Entergy New Orleans entry and exit signals to maximize returns

Entergy New Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Entergy New's price direction in advance. Along with the technical and fundamental analysis of Entergy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Entergy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Entergy New Orleans offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entergy New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Entergy New Orleans Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entergy New Orleans Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy New Orleans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.