Entergy New Orleans Stock Technical Analysis
| ENO Stock | USD 23.40 0.06 0.26% |
As of the 22nd of November, Entergy New shows the Standard Deviation of 0.7482, mean deviation of 0.5248, and Variance of 0.5598. Entergy New Orleans technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Entergy New Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Entergy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EntergyEntergy |
Entergy New technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Entergy New Orleans Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Entergy New Orleans volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Entergy New Orleans Trend Analysis
Use this graph to draw trend lines for Entergy New Orleans. You can use it to identify possible trend reversals for Entergy New as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Entergy New price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Entergy New Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Entergy New Orleans applied against its price change over selected period. The best fit line has a slop of 0.001 , which may imply that Entergy New Orleans will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Entergy New price change compared to its average price change.About Entergy New Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Entergy New Orleans on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Entergy New Orleans based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Entergy New Orleans price pattern first instead of the macroeconomic environment surrounding Entergy New Orleans. By analyzing Entergy New's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Entergy New's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Entergy New specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.94 | 6.48 | 4.79 | 4.55 | Days Of Inventory On Hand | 14.34 | 14.46 | 21.77 | 22.86 |
Entergy New November 22, 2024 Technical Indicators
Most technical analysis of Entergy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Entergy from various momentum indicators to cycle indicators. When you analyze Entergy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 0.5248 | |||
| Coefficient Of Variation | (2,502) | |||
| Standard Deviation | 0.7482 | |||
| Variance | 0.5598 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 5.01 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.04 | |||
| Skewness | (0.27) | |||
| Kurtosis | 2.79 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entergy New Orleans. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Environmental & Facilities Services 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 Entergy New. If investors know Entergy 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 Entergy New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.0934 |
The market value of Entergy New Orleans is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy New's value that differs from its market value or its book value, called intrinsic value, which is Entergy New'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 Entergy New's market value can be influenced by many factors that don't directly affect Entergy New'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 Entergy New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy New'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.