Transportadora De Gas Stock Market Value
| TGS Stock | USD 29.78 0.22 0.74% |
| Symbol | Transportadora |
Transportadora de Gas 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 Transportadora. If investors know Transportadora 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 Transportadora 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 9.689 | Earnings Share 1 | Revenue Per Share 3.7 K | Quarterly Revenue Growth 2.436 | Return On Assets 0.0848 |
The market value of Transportadora de Gas is measured differently than its book value, which is the value of Transportadora that is recorded on the company's balance sheet. Investors also form their own opinion of Transportadora's value that differs from its market value or its book value, called intrinsic value, which is Transportadora'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 Transportadora's market value can be influenced by many factors that don't directly affect Transportadora'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 Transportadora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transportadora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transportadora'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.
Transportadora '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 Transportadora'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 Transportadora.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Transportadora on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Transportadora de Gas or generate 0.0% return on investment in Transportadora over 540 days. Transportadora is related to or competes with Petroleo Brasileiro, Ecopetrol, Petróleo Brasileiro, Equinor ASA, Eni SPA, TotalEnergies, and National Fuel. Transportadora de Gas del Sur S.A. engages in transportation of natural gas, production, and commercialization of natura... More
Transportadora 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 Transportadora'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 Transportadora de Gas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.48 | |||
| Information Ratio | 0.2382 | |||
| Maximum Drawdown | 12.65 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 6.42 |
Transportadora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Transportadora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Transportadora's standard deviation. In reality, there are many statistical measures that can use Transportadora historical prices to predict the future Transportadora's volatility.| Risk Adjusted Performance | 0.2255 | |||
| Jensen Alpha | 0.748 | |||
| Total Risk Alpha | 0.3481 | |||
| Sortino Ratio | 0.2708 | |||
| Treynor Ratio | 2.18 |
Transportadora de Gas Backtested Returns
Transportadora appears to be not too volatile, given 3 months investment horizon. Transportadora de Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. By inspecting Transportadora's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please review Transportadora's Risk Adjusted Performance of 0.2255, coefficient of variation of 351.41, and Semi Deviation of 1.87 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Transportadora holds a performance score of 21. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Transportadora's returns are expected to increase less than the market. However, during the bear market, the loss of holding Transportadora is expected to be smaller as well. Please check Transportadora's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Transportadora's existing price patterns will revert.
Auto-correlation | 0.28 |
Poor predictability
Transportadora de Gas has poor predictability. Overlapping area represents the amount of predictability between Transportadora time series from 4th of June 2023 to 29th of February 2024 and 29th of February 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 Transportadora de Gas price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Transportadora price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 9.52 |
Transportadora de Gas lagged returns against current returns
Autocorrelation, which is Transportadora 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 Transportadora's stock expected returns. We can calculate the autocorrelation of Transportadora returns to help us make a trade decision. For example, suppose you find that Transportadora 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 |
Transportadora 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 Transportadora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Transportadora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Transportadora stock over time.
Current vs Lagged Prices |
| Timeline |
Transportadora Lagged Returns
When evaluating Transportadora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Transportadora stock have on its future price. Transportadora 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, Transportadora autocorrelation shows the relationship between Transportadora stock current value and its past values and can show if there is a momentum factor associated with investing in Transportadora de Gas.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Transportadora Stock Analysis
When running Transportadora's price analysis, check to measure Transportadora'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 Transportadora is operating at the current time. Most of Transportadora's value examination focuses on studying past and present price action to predict the probability of Transportadora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transportadora's price. Additionally, you may evaluate how the addition of Transportadora to your portfolios can decrease your overall portfolio volatility.