Valuing the COL share price
| WES Stock | USD 38.53 0.90 2.39% |
Slightly above 55% of Western Midstream's private investors are presently thinking to get in. The analysis of overall sentiment of trading Western Midstream Partners stock suggests that some investors are interested at this time. Western Midstream's investing sentiment can be driven by a variety of factors including economic data, Western Midstream's earnings reports, geopolitical events, and overall market trends.
Want to value the Coles Group Ltd share price Here are 6 key metrics you need to consider.
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Western Midstream Fundamental Analysis
We analyze Western Midstream's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Western Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Western Midstream 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.
Current Ratio
Current Ratio Comparative Analysis
Western Midstream is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Western Midstream 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 Western Midstream stock to make a market-neutral strategy. Peer analysis of Western Midstream could also be used in its relative valuation, which is a method of valuing Western Midstream by comparing valuation metrics with similar companies.
Peers
Western Midstream Related Equities
| EPD | Enterprise Products | 2.01 | ||||
| ET | Energy Transfer | 1.72 | ||||
| PAA | Plains All | 1.69 | ||||
| DTM | DT Midstream | 1.34 | ||||
| AM | Antero Midstream | 1.21 | ||||
| HESM | Hess Midstream | 1.15 | ||||
| MPLX | MPLX LP | 1.07 | ||||
| GEL | Genesis Energy | 0.36 |
Additional Tools for Western Stock Analysis
When running Western Midstream's price analysis, check to measure Western Midstream'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 Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.