Entergy Louisiana Llc Stock Market Value
| ELC Stock | USD 22.03 0.14 0.63% |
| Symbol | Entergy |
Entergy Louisiana LLC Price To Book Ratio
Is Electric Utilities 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 Entergy Louisiana. If investors know Entergy 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 Entergy Louisiana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Entergy Louisiana LLC is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy Louisiana's value that differs from its market value or its book value, called intrinsic value, which is Entergy Louisiana'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 Entergy Louisiana's market value can be influenced by many factors that don't directly affect Entergy Louisiana'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 Entergy Louisiana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy Louisiana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy Louisiana'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.
Entergy Louisiana '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 Entergy Louisiana'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 Entergy Louisiana.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Entergy Louisiana on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Entergy Louisiana LLC or generate 0.0% return on investment in Entergy Louisiana over 30 days. Entergy Louisiana is related to or competes with Coca Cola, Celsius Holdings, SNDL, Brandywine Realty, NETGEAR, Nextplat Corp, and Diamond Estates. Entergy Louisiana, LLC generates, transmits, distributes, and sells electric power to retail and wholesale customers in ... More
Entergy Louisiana 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 Entergy Louisiana'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 Entergy Louisiana LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 2.76 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.9451 |
Entergy Louisiana Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Entergy Louisiana's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Entergy Louisiana's standard deviation. In reality, there are many statistical measures that can use Entergy Louisiana historical prices to predict the future Entergy Louisiana's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.62) |
Entergy Louisiana LLC Backtested Returns
Entergy Louisiana LLC secures Sharpe Ratio (or Efficiency) of -0.0401, which denotes the company had a -0.0401% return per unit of risk over the last 3 months. Entergy Louisiana LLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Entergy Louisiana's Variance of 0.4133, standard deviation of 0.6429, and Mean Deviation of 0.5132 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0686, which means not very significant fluctuations relative to the market. As returns on the market increase, Entergy Louisiana's returns are expected to increase less than the market. However, during the bear market, the loss of holding Entergy Louisiana is expected to be smaller as well. At this point, Entergy Louisiana LLC has a negative expected return of -0.0254%. Please make sure to confirm Entergy Louisiana's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Entergy Louisiana LLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Entergy Louisiana LLC has weak reverse predictability. Overlapping area represents the amount of predictability between Entergy Louisiana time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Entergy Louisiana LLC price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Entergy Louisiana price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Entergy Louisiana LLC lagged returns against current returns
Autocorrelation, which is Entergy Louisiana 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 Entergy Louisiana's stock expected returns. We can calculate the autocorrelation of Entergy Louisiana returns to help us make a trade decision. For example, suppose you find that Entergy Louisiana 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 |
Entergy Louisiana 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 Entergy Louisiana stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Entergy Louisiana stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Entergy Louisiana stock over time.
Current vs Lagged Prices |
| Timeline |
Entergy Louisiana Lagged Returns
When evaluating Entergy Louisiana's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Entergy Louisiana stock have on its future price. Entergy Louisiana 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, Entergy Louisiana autocorrelation shows the relationship between Entergy Louisiana stock current value and its past values and can show if there is a momentum factor associated with investing in Entergy Louisiana LLC.
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.When determining whether Entergy Louisiana LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entergy Louisiana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Entergy Louisiana Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entergy Louisiana Llc Stock:Check out Entergy Louisiana Correlation, Entergy Louisiana Volatility and Entergy Louisiana Alpha and Beta module to complement your research on Entergy Louisiana. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Entergy Louisiana 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.