Is Energy Transfer Stock Outpacing Its Oils-Energy Peers This Year - Yahoo Finance
ET-PI Stock | 11.96 0.07 0.59% |
Under 53% of Energy Transfer's investor base is interested to short. The current sentiment of investing in Energy Transfer LP suggests that many traders are impartial. Energy Transfer's investing sentiment shows overall attitude of investors towards Energy Transfer LP.
Energy |
Is Energy Transfer Stock Outpacing Its Oils-Energy Peers This Year Yahoo Finance
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Energy Transfer Fundamental Analysis
We analyze Energy Transfer's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Transfer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy Transfer 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.
Short Ratio
Short Ratio Comparative Analysis
Energy Transfer is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Energy Transfer LP Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Energy Transfer stock to make a market-neutral strategy. Peer analysis of Energy Transfer could also be used in its relative valuation, which is a method of valuing Energy Transfer by comparing valuation metrics with similar companies.
Peers
Energy Transfer Related Equities
IO | Ionet | 14.90 | ||||
AMPL | Ampleforth | 4.80 | ||||
ID | SPACE | 3.51 | ||||
PAA | Plains All | 3.21 | ||||
MPLX | MPLX LP | 2.24 | ||||
KOD | Kodiak Sciences | 1.83 | ||||
EMBC | Embecta Corp | 1.17 | ||||
RRTLX | T Rowe | 0.32 | ||||
SEIC | SEI Investments | 0.23 |
Complementary Tools for Energy Stock analysis
When running Energy Transfer's price analysis, check to measure Energy Transfer'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 Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.
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