Nstar Electric Stock Current Valuation
| NSARP Stock | USD 71.00 1.00 1.39% |
Valuation analysis of NSTAR Electric helps investors to measure NSTAR Electric's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that NSTAR Electric's price fluctuation is very steady at this time. Calculation of the real value of NSTAR Electric is based on 3 months time horizon. Increasing NSTAR Electric's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
NSTAR Electric's intrinsic value may or may not be the same as its current market price of 71.00, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 71.0 | Real 70.58 | Hype 71.0 | Naive 68.52 |
The intrinsic value of NSTAR Electric's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence NSTAR Electric's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of NSTAR Electric helps investors to forecast how NSTAR pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NSTAR Electric more accurately as focusing exclusively on NSTAR Electric's fundamentals will not take into account other important factors: NSTAR Electric Company Current Valuation Analysis
NSTAR Electric's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, NSTAR Electric has a Current Valuation of 0.0. This is 100.0% lower than that of the Utilities sector and 100.0% lower than that of the Utilities - Regulated Electric industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
NSTAR Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NSTAR Electric's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of NSTAR Electric could also be used in its relative valuation, which is a method of valuing NSTAR Electric by comparing valuation metrics of similar companies.NSTAR Electric is currently under evaluation in current valuation category among its peers.
NSTAR Fundamentals
| Revenue | 3.06 B | |||
| EBITDA | 1.07 B | |||
| Net Income | 476.57 M | |||
| Cash And Equivalents | 9.47 M | |||
| Total Debt | 3.59 B | |||
| Debt To Equity | 94.60 % | |||
| Current Ratio | 0.77 X | |||
| Cash Flow From Operations | 700.94 M | |||
| Beta | -0.02 | |||
| Total Asset | 13.8 B | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 13.8 B | |||
| Last Dividend Paid | 1.06 |
About NSTAR Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NSTAR Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NSTAR Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NSTAR Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with NSTAR Electric
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 NSTAR Electric 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 NSTAR Electric will appreciate offsetting losses from the drop in the long position's value.Moving against NSTAR Pink Sheet
| 0.67 | CADE | Cadence Bancorp | PairCorr |
| 0.65 | KKR | KKR Co LP | PairCorr |
| 0.63 | GS | Goldman Sachs Group Earnings Call This Week | PairCorr |
| 0.59 | IAG | IAMGold | PairCorr |
| 0.59 | T | ATT Inc Sell-off Trend | PairCorr |
The ability to find closely correlated positions to NSTAR Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NSTAR Electric 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 NSTAR Electric - 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 NSTAR Electric to buy it.
The correlation of NSTAR Electric 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 NSTAR Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NSTAR Electric 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 NSTAR Electric 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 NSTAR Pink Sheet Analysis
When running NSTAR Electric's price analysis, check to measure NSTAR Electric'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 NSTAR Electric is operating at the current time. Most of NSTAR Electric's value examination focuses on studying past and present price action to predict the probability of NSTAR Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NSTAR Electric's price. Additionally, you may evaluate how the addition of NSTAR Electric to your portfolios can decrease your overall portfolio volatility.