Energy Transfer Partners Stock Market Value
| ETP Stock | USD 18.38 0.03 0.16% |
| Symbol | Energy |
Energy Transfer Partners 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 Energy Transfer. If investors know Energy 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 Energy Transfer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 2.26 | Earnings Share (1.77) |
The market value of Energy Transfer Partners is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Transfer's value that differs from its market value or its book value, called intrinsic value, which is Energy Transfer'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 Energy Transfer's market value can be influenced by many factors that don't directly affect Energy Transfer'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 Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer'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.
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.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in Energy Transfer on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding Energy Transfer Partners or generate 0.0% return on investment in Energy Transfer over 720 days. Energy Transfer is related to or competes with Barrick Mining, and Rogers Communications. Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesse... 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 Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2791 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.44) | |||
| Potential Upside | 0.3309 |
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 | 0.0564 | |||
| Jensen Alpha | 0.0145 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | 0.7687 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energy Transfer'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.
Energy Transfer Partners Backtested Returns
Currently, Energy Transfer Partners is very steady. Energy Transfer Partners secures Sharpe Ratio (or Efficiency) of 0.0809, which denotes the company had a 0.0809 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Energy Transfer Partners, which you can use to evaluate the volatility of the firm. Please confirm Energy Transfer's Downside Deviation of 0.2791, coefficient of variation of 931.85, and Mean Deviation of 0.1873 to check if the risk estimate we provide is consistent with the expected return of 0.0194%. Energy Transfer has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0209, 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 Partners right now shows a risk of 0.24%. Please confirm Energy Transfer Partners value at risk, and the relationship between the jensen alpha and skewness , to decide if Energy Transfer Partners will be following its price patterns.
Auto-correlation | 0.96 |
Excellent predictability
Energy Transfer Partners has excellent predictability. Overlapping area represents the amount of predictability between Energy Transfer time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th of December 2025. 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 Partners price movement. The serial correlation of 0.96 indicates that 96.0% of current Energy Transfer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.96 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Energy Transfer Partners 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 Partners.
Regressed Prices |
| Timeline |
Pair Trading with Energy Transfer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Transfer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Transfer will appreciate offsetting losses from the drop in the long position's value.Moving against Energy Stock
The ability to find closely correlated positions to Energy Transfer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Transfer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Transfer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Transfer Partners to buy it.
The correlation of Energy Transfer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Transfer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Transfer Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Transfer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Energy Stock Analysis
When running Energy Transfer's price analysis, check to measure Energy Transfer'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 Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.