Enable Midstream Revenue vs. Net Income
Please note, there is a significant difference between Enable Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enable Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enable Midstream'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.Enable Midstream Partners Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Enable Midstream's current stock value. Our valuation model uses many indicators to compare Enable Midstream value to that of its competitors to determine the firm's financial worth. Enable Midstream Partners is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.04 of Net Income per Revenue. The ratio of Revenue to Net Income for Enable Midstream Partners is roughly 26.73 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Enable Midstream 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.Enable Revenue vs. Competition
Enable Midstream Partners is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Oil & Gas Midstream industry is currently estimated at about 17.56 Billion. Enable Midstream retains roughly 2.78 Billion in revenue claiming about 16% of all equities under Oil & Gas Midstream industry.
Enable Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Enable Midstream |
| = | 2.78 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Enable Midstream |
| = | 104 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enable Net Income Comparison
Enable Midstream is currently under evaluation in net income category among its peers.
Enable Midstream Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Enable Midstream, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enable Midstream will eventually generate negative long term returns. The profitability progress is the general direction of Enable Midstream's change in net profit over the period of time. It can combine multiple indicators of Enable Midstream, 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.
Enable Midstream Partners, LP owns, operates, and develops midstream energy infrastructure assets in the United States. Enable Midstream Partners, LP is a subsidiary of CenterPoint Energy, Inc. Enable Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1706 people.
Enable Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Enable Midstream. 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 Enable Midstream 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 Enable Midstream's important profitability drivers and their relationship over time.
Enable Midstream Earnings per Share Projection vs Actual
Use Enable Midstream 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 Enable Midstream 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 Enable Midstream will appreciate offsetting losses from the drop in the long position's value.Enable Midstream Pair Trading
Enable Midstream Partners Pair Trading Analysis
The ability to find closely correlated positions to Ventas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ventas 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 Ventas - 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 Ventas Inc to buy it.
The correlation of Ventas 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 Ventas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ventas Inc 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 Ventas 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 Enable Midstream position
In addition to having Enable Midstream 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 Apparel Thematic Idea Now
Apparel
Companies manufacturing textile accessories and apparel products. The Apparel theme has 11 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 Apparel Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 bureau of labor statistics. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Enable Stock
If you are still planning to invest in Enable Midstream 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 Enable Midstream's history and understand the potential risks before investing.
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