Energy Transfer Lp Stock Market Value
| ET-PI Stock | 11.95 0.01 0.08% |
| Symbol | Energy |
Energy Transfer LP Price To Book Ratio
Energy Transfer '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 Energy Transfer'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 Energy Transfer.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Energy Transfer on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Energy Transfer LP or generate 0.0% return on investment in Energy Transfer over 720 days. Energy Transfer is related to or competes with LGI Homes, Boot Barn, Eastern, MI Homes, Skechers USA, Ralph Lauren, and RBC Bearings. Energy Transfer is entity of United States More
Energy Transfer 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 Energy Transfer'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 Energy Transfer LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7474 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 4.52 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.4 |
Energy Transfer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Transfer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Transfer's standard deviation. In reality, there are many statistical measures that can use Energy Transfer historical prices to predict the future Energy Transfer's volatility.| Risk Adjusted Performance | 0.0662 | |||
| Jensen Alpha | 0.0521 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.843 |
Energy Transfer LP Backtested Returns
Energy Transfer is very steady at the moment. Energy Transfer LP secures Sharpe Ratio (or Efficiency) of 0.065, which denotes the company had a 0.065% return per unit of risk over the last 3 months. We have found thirty technical indicators for Energy Transfer LP, which you can use to evaluate the volatility of the firm. Please confirm Energy Transfer's Mean Deviation of 0.6072, coefficient of variation of 1167.85, and Downside Deviation of 0.7474 to check if the risk estimate we provide is consistent with the expected return of 0.0539%. Energy Transfer has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0721, which means not very significant fluctuations relative to the market. As returns on the market increase, Energy Transfer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Energy Transfer is expected to be smaller as well. Energy Transfer LP right now shows a risk of 0.83%. Please confirm Energy Transfer LP maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Energy Transfer LP will be following its price patterns.
Auto-correlation | 0.81 |
Very good predictability
Energy Transfer LP has very good predictability. Overlapping area represents the amount of predictability between Energy Transfer time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Energy Transfer LP price movement. The serial correlation of 0.81 indicates that around 81.0% of current Energy Transfer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Energy Transfer LP lagged returns against current returns
Autocorrelation, which is Energy Transfer 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 Energy Transfer's stock expected returns. We can calculate the autocorrelation of Energy Transfer returns to help us make a trade decision. For example, suppose you find that Energy Transfer 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 |
Energy Transfer 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 Energy Transfer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Transfer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Transfer stock over time.
Current vs Lagged Prices |
| Timeline |
Energy Transfer Lagged Returns
When evaluating Energy Transfer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Transfer stock have on its future price. Energy Transfer 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, Energy Transfer autocorrelation shows the relationship between Energy Transfer stock current value and its past values and can show if there is a momentum factor associated with investing in Energy Transfer LP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:Check out Energy Transfer Correlation, Energy Transfer Volatility and Energy Transfer Alpha and Beta module to complement your research on Energy Transfer. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Energy Transfer 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.