Cheniere Energy Partners Stock Market Value
| CQP Stock | USD 54.64 0.70 1.30% |
| Symbol | Cheniere |
Cheniere Energy Partners Price To Book Ratio
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheniere Energy. If investors know Cheniere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheniere Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 3.69 | Earnings Share 4.63 | Revenue Per Share 18.45 | Quarterly Revenue Growth (0.03) |
The market value of Cheniere Energy Partners is measured differently than its book value, which is the value of Cheniere that is recorded on the company's balance sheet. Investors also form their own opinion of Cheniere Energy's value that differs from its market value or its book value, called intrinsic value, which is Cheniere Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheniere Energy's market value can be influenced by many factors that don't directly affect Cheniere Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheniere Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheniere Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheniere Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cheniere Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Cheniere Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Cheniere Energy.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Cheniere Energy on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Cheniere Energy Partners or generate 0.0% return on investment in Cheniere Energy over 660 days. Cheniere Energy is related to or competes with Plains All, Genesis Energy, Western Midstream, Hess Midstream, Kinder Morgan, FLEX LNG, and Golar LNG. Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates natural gas liquefaction and export facility... More
Cheniere Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Cheniere Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Cheniere Energy Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.0819 | |||
| Maximum Drawdown | 4.67 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.28 |
Cheniere Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cheniere Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cheniere Energy's standard deviation. In reality, there are many statistical measures that can use Cheniere Energy historical prices to predict the future Cheniere Energy's volatility.| Risk Adjusted Performance | 0.1453 | |||
| Jensen Alpha | 0.2029 | |||
| Total Risk Alpha | 0.0241 | |||
| Sortino Ratio | 0.086 | |||
| Treynor Ratio | 1.2 |
Cheniere Energy Partners Backtested Returns
Cheniere Energy appears to be very steady, given 3 months investment horizon. Cheniere Energy Partners secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Cheniere Energy Partners, which you can use to evaluate the volatility of the firm. Please makes use of Cheniere Energy's risk adjusted performance of 0.1453, and Mean Deviation of 1.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cheniere Energy holds a performance score of 15. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cheniere Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cheniere Energy is expected to be smaller as well. Please check Cheniere Energy's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Cheniere Energy's price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Cheniere Energy Partners has below average predictability. Overlapping area represents the amount of predictability between Cheniere Energy time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cheniere Energy Partners price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Cheniere Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 3.49 |
Cheniere Energy Partners lagged returns against current returns
Autocorrelation, which is Cheniere Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Cheniere Energy's stock expected returns. We can calculate the autocorrelation of Cheniere Energy returns to help us make a trade decision. For example, suppose you find that Cheniere Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Cheniere Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Cheniere Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cheniere Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cheniere Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Cheniere Energy Lagged Returns
When evaluating Cheniere Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cheniere Energy stock have on its future price. Cheniere Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Cheniere Energy autocorrelation shows the relationship between Cheniere Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Cheniere Energy Partners.
Regressed Prices |
| Timeline |
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.Moving together with Cheniere Stock
| 0.65 | AM | Antero Midstream Partners | PairCorr |
| 0.85 | EE | Excelerate Energy | PairCorr |
| 0.91 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.88 | DLNG | Dynagas LNG Partners Earnings Call This Week | PairCorr |
Moving against Cheniere Stock
| 0.73 | LPG | Dorian LPG | PairCorr |
| 0.6 | GEL | Genesis Energy LP | PairCorr |
| 0.53 | BROGW | Brooge Energy Limited | PairCorr |
| 0.45 | FRO | Frontline Earnings Call This Week | PairCorr |
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.Additional 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.