Equitrans Midstream Corp Price on May 24, 2024
ETRNDelisted Stock | USD 12.42 0.06 0.49% |
If you're considering investing in Equitrans Stock, it is important to understand the factors that can impact its price. As of today, the current price of Equitrans Midstream stands at 12.42, as last reported on the 26th of November, with the highest price reaching 12.57 and the lowest price hitting 12.23 during the day. We have found twenty-nine technical indicators for Equitrans Midstream Corp, which you can use to evaluate the volatility of the firm. Please confirm Equitrans Midstream's Coefficient Of Variation of 3613.9, mean deviation of 1.3, and Downside Deviation of 1.51 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Equitrans Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Equitrans Midstream 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 Equitrans Midstream by adding Equitrans Midstream to a well-diversified portfolio.
Equitrans Midstream Valuation on May 24, 2024
It is possible to determine the worth of Equitrans Midstream on a given historical date. On May 24, 2024 Equitrans was worth 13.94 at the beginning of the trading date compared to the closed value of 13.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Equitrans Midstream stock. Still, in general, we apply an absolute valuation method to find Equitrans Midstream'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 Equitrans Midstream where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Equitrans Midstream's related companies.
Open | High | Low | Close | Volume | |
14.22 | 14.60 | 13.78 | 13.84 | 36,617,039 | |
05/24/2024 | 13.94 | 14.17 | 13.86 | 13.96 | 12,101,180 |
14.10 | 14.46 | 14.00 | 14.32 | 6,161,266 |
Backtest Equitrans Midstream | | | Equitrans Midstream History | | | Equitrans Midstream Valuation | Previous | Next |
Equitrans Midstream Trading Date Momentum on May 24, 2024
On May 28 2024 Equitrans Midstream Corp was traded for 14.32 at the closing time. The top price for the day was 14.46 and the lowest listed price was 14.00 . The trading volume for the day was 6.2 M. The trading history from May 28, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 2.58% . The overall trading delta against the current closing price is 3.22% . |
Equitrans Midstream Corp Fundamentals Correlations and Trends
By evaluating Equitrans Midstream'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 Equitrans Midstream's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Equitrans financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Equitrans Midstream Stock history
Equitrans Midstream 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 Equitrans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Equitrans Midstream Corp 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 Equitrans Midstream stock prices may prove useful in developing a viable investing in Equitrans Midstream
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania. Equitrans Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 766 people.
Equitrans Midstream Stock Technical Analysis
Equitrans Midstream 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Equitrans Midstream Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Equitrans Midstream Corp 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.
Equitrans Midstream November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Equitrans Midstream stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Equitrans Midstream shares will generate the highest return on investment. By undertsting and applying Equitrans Midstream stock market strength indicators, traders can identify Equitrans Midstream Corp entry and exit signals to maximize returns
Equitrans Midstream Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Equitrans Midstream's price direction in advance. Along with the technical and fundamental analysis of Equitrans Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Equitrans 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.
Risk Adjusted Performance | 0.0265 | |||
Jensen Alpha | 0.0632 | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | (0.15) |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Equitrans Stock
If you are still planning to invest in Equitrans Midstream Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Equitrans Midstream's history and understand the potential risks before investing.
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