Enterprise Products Partners Stock Market Value
| EPD Stock | USD 32.34 0.48 1.46% |
| Symbol | Enterprise |
Enterprise Products 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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 0.076 | Dividend Share 2.08 | Earnings Share 2.66 | Revenue Per Share 26.104 | Quarterly Revenue Growth 0.148 |
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.
Enterprise Products '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 Enterprise Products' 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 Enterprise Products.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Enterprise Products on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Enterprise Products Partners or generate 0.0% return on investment in Enterprise Products over 30 days. Enterprise Products is related to or competes with MPLX LP, Kinder Morgan, ONEOK, Energy Transfer, Plains All, Williams Companies, and Enbridge. Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural ... More
Enterprise Products 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 Enterprise Products' 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 Enterprise Products Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5977 | |||
| Information Ratio | 0.1201 | |||
| Maximum Drawdown | 2.74 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 1.38 |
Enterprise Products Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enterprise Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enterprise Products' standard deviation. In reality, there are many statistical measures that can use Enterprise Products historical prices to predict the future Enterprise Products' volatility.| Risk Adjusted Performance | 0.238 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | 0.0953 | |||
| Sortino Ratio | 0.1369 | |||
| Treynor Ratio | 0.5048 |
Enterprise Products Backtested Returns
Enterprise Products appears to be very steady, given 3 months investment horizon. Enterprise Products secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the company had a 0.28% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enterprise Products Partners, which you can use to evaluate the volatility of the firm. Please utilize Enterprise Products' Downside Deviation of 0.5977, coefficient of variation of 320.5, and Mean Deviation of 0.5237 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Enterprise Products holds a performance score of 21. The firm shows a Beta (market volatility) of 0.4, which means possible diversification benefits within a given portfolio. As returns on the market increase, Enterprise Products' returns are expected to increase less than the market. However, during the bear market, the loss of holding Enterprise Products is expected to be smaller as well. Please check Enterprise Products' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Enterprise Products' price patterns will revert.
Auto-correlation | 0.95 |
Excellent predictability
Enterprise Products Partners has excellent predictability. Overlapping area represents the amount of predictability between Enterprise Products time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Enterprise Products price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Enterprise Products price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Enterprise Products lagged returns against current returns
Autocorrelation, which is Enterprise Products 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 Enterprise Products' stock expected returns. We can calculate the autocorrelation of Enterprise Products returns to help us make a trade decision. For example, suppose you find that Enterprise Products 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 |
Enterprise Products 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 Enterprise Products stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enterprise Products stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enterprise Products stock over time.
Current vs Lagged Prices |
| Timeline |
Enterprise Products Lagged Returns
When evaluating Enterprise Products' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enterprise Products stock have on its future price. Enterprise Products 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, Enterprise Products autocorrelation shows the relationship between Enterprise Products stock current value and its past values and can show if there is a momentum factor associated with investing in Enterprise Products Partners.
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 Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:Check out Enterprise Products Correlation, Enterprise Products Volatility and Enterprise Products Alpha and Beta module to complement your research on Enterprise Products. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Enterprise Products 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.