Eqt Corporation Stock Market Value
| EQT Stock | USD 45.99 0.07 0.15% |
| Symbol | EQT |
EQT Corporation Price To Book Ratio
Is Oil & Gas Exploration & Production 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 EQT. If investors know EQT 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 EQT 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 (0.93) | Dividend Share 0.63 | Earnings Share 0.75 | Revenue Per Share 9.953 | Quarterly Revenue Growth 0.195 |
The market value of EQT Corporation is measured differently than its book value, which is the value of EQT that is recorded on the company's balance sheet. Investors also form their own opinion of EQT's value that differs from its market value or its book value, called intrinsic value, which is EQT'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 EQT's market value can be influenced by many factors that don't directly affect EQT'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 EQT's value and its price as these two are different measures arrived at by different means. Investors typically determine if EQT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQT'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.
EQT '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 EQT'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 EQT.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in EQT on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding EQT Corporation or generate 0.0% return on investment in EQT over 30 days. EQT is related to or competes with Antero Resources, Matador Resources, Devon Energy, Diamondback Energy, ConocoPhillips, Range Resources, and Permian Resources. EQT Corporation operates as a natural gas production company in the United States More
EQT 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 EQT'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 EQT Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.1861 | |||
| Maximum Drawdown | 8.85 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 3.68 |
EQT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EQT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EQT's standard deviation. In reality, there are many statistical measures that can use EQT historical prices to predict the future EQT's volatility.| Risk Adjusted Performance | 0.1953 | |||
| Jensen Alpha | 0.3913 | |||
| Total Risk Alpha | 0.183 | |||
| Sortino Ratio | 0.2516 | |||
| Treynor Ratio | 0.4717 |
EQT Corporation Backtested Returns
EQT appears to be very steady, given 3 months investment horizon. EQT Corporation secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had a 0.26% return per unit of volatility over the last 3 months. By evaluating EQT's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize EQT's Market Risk Adjusted Performance of 0.4817, downside deviation of 1.61, and Mean Deviation of 1.65 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EQT holds a performance score of 20. The firm shows a Beta (market volatility) of 1.11, which means a somewhat significant risk relative to the market. EQT returns are very sensitive to returns on the market. As the market goes up or down, EQT is expected to follow. Please check EQT's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether EQT's price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
EQT Corporation has very good predictability. Overlapping area represents the amount of predictability between EQT time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 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 EQT Corporation price movement. The serial correlation of 0.83 indicates that around 83.0% of current EQT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 2.03 |
EQT Corporation lagged returns against current returns
Autocorrelation, which is EQT 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 EQT's stock expected returns. We can calculate the autocorrelation of EQT returns to help us make a trade decision. For example, suppose you find that EQT 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 |
EQT 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 EQT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EQT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EQT stock over time.
Current vs Lagged Prices |
| Timeline |
EQT Lagged Returns
When evaluating EQT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EQT stock have on its future price. EQT 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, EQT autocorrelation shows the relationship between EQT stock current value and its past values and can show if there is a momentum factor associated with investing in EQT Corporation.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for EQT Stock Analysis
When running EQT's price analysis, check to measure EQT'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 EQT is operating at the current time. Most of EQT's value examination focuses on studying past and present price action to predict the probability of EQT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT's price. Additionally, you may evaluate how the addition of EQT to your portfolios can decrease your overall portfolio volatility.