CQP Stock | | | USD 54.44 0.50 0.93% |
Cheniere Energy financial indicator trend analysis is way more than just evaluating Cheniere Energy Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheniere Energy Partners is a good investment. Please check the relationship between Cheniere Energy Net Debt and its Net Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheniere Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
To learn how to invest in Cheniere Stock, please use our
How to Invest in Cheniere Energy guide.
Net Debt vs Net Working Capital
Net Debt vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cheniere Energy Partners Net Debt account and
Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cheniere Energy's Net Debt and Net Working Capital is -0.21. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Cheniere Energy Partners, assuming nothing else is changed. The correlation between historical values of Cheniere Energy's Net Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Cheniere Energy Partners are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Debt i.e., Cheniere Energy's Net Debt and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Net Working Capital
Most indicators from Cheniere Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheniere Energy Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheniere Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
To learn how to invest in Cheniere Stock, please use our
How to Invest in Cheniere Energy guide.At this time, Cheniere Energy's
Enterprise Value Over EBITDA is relatively stable compared to the past year. As of 11/22/2024,
Enterprise Value Multiple is likely to grow to 7.22, while
Selling General Administrative is likely to drop slightly above 79.2
M.
Cheniere Energy fundamental ratios Correlations
Click cells to compare fundamentals
Cheniere Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cheniere Energy fundamental ratios Accounts
Pair Trading with Cheniere Energy
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 Cheniere Energy 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 Cheniere Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Cheniere Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheniere Energy 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 Cheniere Energy - 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 Cheniere Energy Partners to buy it.
The correlation of Cheniere Energy 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 Cheniere Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheniere Energy Partners 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 Cheniere Energy 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.
Pair CorrelationCorrelation MatchingAdditional Tools for Cheniere Stock Analysis
When running Cheniere Energy's price analysis, check to
measure Cheniere Energy'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 Cheniere Energy is operating at the current time. Most of Cheniere Energy's value examination focuses on studying past and present price action to
predict the probability of Cheniere Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheniere Energy's price. Additionally, you may evaluate how the addition of Cheniere Energy to your portfolios can decrease your overall portfolio volatility.