Crestwood Equity Shares Outstanding vs. Current Valuation
| CEQPDelisted Stock | USD 29.42 0.54 1.87% |
For Crestwood Equity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Crestwood Equity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Crestwood Equity Partners utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Crestwood Equity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Crestwood Equity Partners over time as well as its relative position and ranking within its peers.
Crestwood |
Crestwood Equity Partners Current Valuation vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Crestwood Equity's current stock value. Our valuation model uses many indicators to compare Crestwood Equity value to that of its competitors to determine the firm's financial worth. Crestwood Equity Partners is rated below average in shares outstanding category among its peers. It also is rated below average in current valuation category among its peers reporting about 69.62 of Current Valuation per Shares Outstanding. Comparative valuation analysis is a catch-all technique that is used if you cannot value Crestwood Equity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Crestwood Current Valuation vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Crestwood Equity |
| = | 105.1 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Crestwood Equity |
| = | 7.32 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Crestwood Current Valuation vs Competition
Crestwood Equity Partners is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 418.99 Billion. Crestwood Equity claims roughly 7.32 Billion in current valuation contributing just under 2% to equities under Energy industry.
Crestwood Equity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Crestwood Equity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Crestwood Equity will eventually generate negative long term returns. The profitability progress is the general direction of Crestwood Equity's change in net profit over the period of time. It can combine multiple indicators of Crestwood Equity, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Crestwood Equity Partners LP develops, acquires, owns, controls, and operates assets and operations in the energy midstream sector in the United States. Crestwood Equity Partners LP was incorporated in 2001 and is headquartered in Houston, Texas. Crestwood Equity operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 645 people.
Crestwood Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Crestwood Equity. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Crestwood Equity position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Crestwood Equity's important profitability drivers and their relationship over time.
Use Crestwood Equity in pair-trading
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 Crestwood Equity 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 Crestwood Equity will appreciate offsetting losses from the drop in the long position's value.Crestwood Equity Pair Trading
Crestwood Equity Partners Pair Trading Analysis
The ability to find closely correlated positions to Crestwood Equity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crestwood Equity 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 Crestwood Equity - 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 Crestwood Equity Partners to buy it.
The correlation of Crestwood Equity 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 Crestwood Equity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crestwood Equity 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 Crestwood Equity 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.Use Investing Themes to Complement your Crestwood Equity position
In addition to having Crestwood Equity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities ETFs Thematic Idea Now
Utilities ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities ETFs Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Other Consideration for investing in Crestwood Stock
If you are still planning to invest in Crestwood Equity Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Crestwood Equity's history and understand the potential risks before investing.
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