Excelerate Energy Stock Market Value
| EE Stock | USD 30.54 0.12 0.39% |
| Symbol | Excelerate |
Excelerate Energy 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 Excelerate Energy. If investors know Excelerate 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 Excelerate 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 (0.13) | Dividend Share 0.135 | Earnings Share 1 | Revenue Per Share 31.848 | Quarterly Revenue Growth (0.30) |
The market value of Excelerate Energy is measured differently than its book value, which is the value of Excelerate that is recorded on the company's balance sheet. Investors also form their own opinion of Excelerate Energy's value that differs from its market value or its book value, called intrinsic value, which is Excelerate 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 Excelerate Energy's market value can be influenced by many factors that don't directly affect Excelerate 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 Excelerate Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Excelerate Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Excelerate 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.
Excelerate 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 Excelerate 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 Excelerate Energy.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Excelerate Energy on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Excelerate Energy or generate 0.0% return on investment in Excelerate Energy over 360 days. Excelerate Energy is related to or competes with Atlantica Sustainable, Clearway Energy, Brookfield Renewable, Nextera Energy, Brookfield Renewable, Enlight Renewable, and Renew Energy. Excelerate Energy, Inc. provides flexible liquefied natural gas solutions worldwide More
Excelerate 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 Excelerate 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 Excelerate Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.93 | |||
| Information Ratio | 0.2157 | |||
| Maximum Drawdown | 14.53 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 5.86 |
Excelerate Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Excelerate Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Excelerate Energy's standard deviation. In reality, there are many statistical measures that can use Excelerate Energy historical prices to predict the future Excelerate Energy's volatility.| Risk Adjusted Performance | 0.2007 | |||
| Jensen Alpha | 0.5919 | |||
| Total Risk Alpha | 0.347 | |||
| Sortino Ratio | 0.2137 | |||
| Treynor Ratio | 0.5407 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Excelerate Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Excelerate Energy Backtested Returns
Excelerate Energy appears to be not too volatile, given 3 months investment horizon. Excelerate Energy secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24% return per unit of standard deviation over the last 3 months. By reviewing Excelerate Energy's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize Excelerate Energy's Semi Deviation of 2.08, downside deviation of 2.93, and Mean Deviation of 2.09 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Excelerate Energy holds a performance score of 18. The firm shows a Beta (market volatility) of 1.34, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Excelerate Energy will likely underperform. Please check Excelerate Energy's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Excelerate Energy's price patterns will revert.
Auto-correlation | 0.59 |
Modest predictability
Excelerate Energy has modest predictability. Overlapping area represents the amount of predictability between Excelerate Energy time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Excelerate Energy price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Excelerate Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 9.8 |
Excelerate Energy lagged returns against current returns
Autocorrelation, which is Excelerate 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 Excelerate Energy's stock expected returns. We can calculate the autocorrelation of Excelerate Energy returns to help us make a trade decision. For example, suppose you find that Excelerate 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 |
Excelerate 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 Excelerate Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Excelerate Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Excelerate Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Excelerate Energy Lagged Returns
When evaluating Excelerate Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Excelerate Energy stock have on its future price. Excelerate 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, Excelerate Energy autocorrelation shows the relationship between Excelerate Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Excelerate Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Excelerate Energy Correlation, Excelerate Energy Volatility and Excelerate Energy Alpha and Beta module to complement your research on Excelerate Energy. For information on how to trade Excelerate Stock refer to our How to Trade Excelerate Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Excelerate Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.