Mplx Lp Stock Market Value
| MPLX Stock | USD 49.09 0.41 0.83% |
| Symbol | MPLX |
MPLX LP 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 MPLX LP. If investors know MPLX 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 MPLX LP 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 0.135 | Dividend Share 3.507 | Earnings Share 4.24 | Revenue Per Share 10.909 | Quarterly Revenue Growth 0.025 |
The market value of MPLX LP is measured differently than its book value, which is the value of MPLX that is recorded on the company's balance sheet. Investors also form their own opinion of MPLX LP's value that differs from its market value or its book value, called intrinsic value, which is MPLX LP'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 MPLX LP's market value can be influenced by many factors that don't directly affect MPLX LP'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 MPLX LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if MPLX LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MPLX LP'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.
MPLX LP '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 MPLX LP'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 MPLX LP.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in MPLX LP on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding MPLX LP or generate 0.0% return on investment in MPLX LP over 90 days. MPLX LP is related to or competes with ONEOK, Enterprise Products, Energy Transfer, Plains All, Kinder Morgan, Enbridge, and Western Midstream. MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States More
MPLX LP 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 MPLX LP'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 MPLX LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6512 | |||
| Information Ratio | 0.1609 | |||
| Maximum Drawdown | 3.2 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 2.22 |
MPLX LP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MPLX LP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MPLX LP's standard deviation. In reality, there are many statistical measures that can use MPLX LP historical prices to predict the future MPLX LP's volatility.| Risk Adjusted Performance | 0.2387 | |||
| Jensen Alpha | 0.2064 | |||
| Total Risk Alpha | 0.1238 | |||
| Sortino Ratio | 0.2174 | |||
| Treynor Ratio | 0.567 |
MPLX LP Backtested Returns
MPLX LP appears to be very steady, given 3 months investment horizon. MPLX LP has Sharpe Ratio of 0.32, which conveys that the firm had a 0.32% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MPLX LP, which you can use to evaluate the volatility of the firm. Please exercise MPLX LP's risk adjusted performance of 0.2387, and Mean Deviation of 0.6887 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MPLX LP holds a performance score of 25. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MPLX LP's returns are expected to increase less than the market. However, during the bear market, the loss of holding MPLX LP is expected to be smaller as well. Please check MPLX LP's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether MPLX LP's current price movements will revert.
Auto-correlation | 0.66 |
Good predictability
MPLX LP has good predictability. Overlapping area represents the amount of predictability between MPLX LP time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 MPLX LP price movement. The serial correlation of 0.66 indicates that around 66.0% of current MPLX LP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 4.1 |
MPLX LP lagged returns against current returns
Autocorrelation, which is MPLX LP 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 MPLX LP's stock expected returns. We can calculate the autocorrelation of MPLX LP returns to help us make a trade decision. For example, suppose you find that MPLX LP 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 |
MPLX LP 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 MPLX LP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MPLX LP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MPLX LP stock over time.
Current vs Lagged Prices |
| Timeline |
MPLX LP Lagged Returns
When evaluating MPLX LP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MPLX LP stock have on its future price. MPLX LP 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, MPLX LP autocorrelation shows the relationship between MPLX LP stock current value and its past values and can show if there is a momentum factor associated with investing in MPLX LP.
Regressed Prices |
| Timeline |
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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.Additional Tools for MPLX Stock Analysis
When running MPLX LP's price analysis, check to measure MPLX LP'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 MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.