Enterprise Stock Market Value

EPD
 Stock
  

USD 23.51  0.60  2.62%   

Enterprise Products' market value is the price at which a share of Enterprise Products stock trades on a public exchange. It measures the collective expectations of Enterprise Products Partners investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Enterprise Products Partners and determine expected loss or profit from investing in Enterprise Products over a given investment horizon. Continue to Enterprise Products Correlation, Enterprise Products Volatility and Enterprise Products Alpha and Beta module to complement your research on Enterprise Products.
Symbol


Is Enterprise Products' industry 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine Enterprise Products value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.

Enterprise Products '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 Enterprise Products' 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 Enterprise Products.
0.00
08/28/2022
No Change 0.00  0.0 
In 31 days
09/27/2022
0.00
If you would invest  0.00  in Enterprise Products on August 28, 2022 and sell it all today you would earn a total of 0.00 from holding Enterprise Products Partners or generate 0.0% return on investment in Enterprise Products over 30 days. Enterprise Products is related to or competes with Clearwater Paper. Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural ... More

Enterprise Products 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 Enterprise Products' 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 Enterprise Products Partners upside and downside potential and time the market with a certain degree of confidence.

Enterprise Products Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Enterprise Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enterprise Products' standard deviation. In reality, there are many statistical measures that can use Enterprise Products historical prices to predict the future Enterprise Products' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Enterprise Products' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Enterprise Products in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
22.0023.4924.98
Details
Intrinsic
Valuation
LowReal ValueHigh
21.1626.1127.60
Details
Naive
Forecast
LowNext ValueHigh
20.7822.2723.77
Details
11 Analysts
Consensus
LowTarget PriceHigh
24.0027.9231.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enterprise Products. Your research has to be compared to or analyzed against Enterprise Products' peers to derive any actionable benefits. When done correctly, Enterprise Products' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Enterprise Products.

Enterprise Products Backtested Returns

Enterprise Products secures Sharpe Ratio (or Efficiency) of -0.0391, which denotes the company had -0.0391% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Enterprise Products Partners exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Enterprise Products mean deviation of 1.14, and Coefficient Of Variation of (4,328) to check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.6375, which means possible diversification benefits within a given portfolio. Let's try to break down what Enterprise's beta means in this case. As returns on the market increase, Enterprise Products returns are expected to increase less than the market. However, during the bear market, the loss on holding Enterprise Products will be expected to be smaller as well. Even though it is essential to pay attention to Enterprise Products historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Enterprise Products Partners exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Enterprise Products has an expected return of -0.0583%. Please be advised to confirm Enterprise Products treynor ratio, expected short fall, day median price, as well as the relationship between the potential upside and accumulation distribution to decide if Enterprise Products performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.49  

Modest reverse predictability

Enterprise Products Partners has modest reverse predictability. Overlapping area represents the amount of predictability between Enterprise Products time series from 28th of August 2022 to 12th of September 2022 and 12th of September 2022 to 27th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Enterprise Products price movement. The serial correlation of -0.49 indicates that about 49.0% of current Enterprise Products price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.58
Residual Average0.0
Price Variance0.85

Enterprise Products lagged returns against current returns

Autocorrelation, which is Enterprise Products 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 Enterprise Products' stock expected returns. We can calculate the autocorrelation of Enterprise Products returns to help us make a trade decision. For example, suppose you find that Enterprise Products stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Enterprise Products 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 Enterprise Products stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enterprise Products stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enterprise Products stock over time.
   Current vs Lagged Prices   
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       Timeline  

Enterprise Products Lagged Returns

When evaluating Enterprise Products' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enterprise Products stock have on its future price. Enterprise Products 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, Enterprise Products autocorrelation shows the relationship between Enterprise Products stock current value and its past values and can show if there is a momentum factor associated with investing in Enterprise Products Partners.
   Regressed Prices   
Share
       Timeline  

Enterprise Products Implied Volatility

    
  48.84  
Enterprise Products' implied volatility exposes the market's sentiment of Enterprise Products Partners stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Enterprise Products' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Enterprise Products stock will not fluctuate a lot when Enterprise Products' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Enterprise Products in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Enterprise Products' short interest history, or implied volatility extrapolated from Enterprise Products options trading.

Pair Trading with Enterprise Products

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 Enterprise Products 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 Enterprise Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enterprise Products

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The ability to find closely correlated positions to Enterprise Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Products 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 Enterprise Products - 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 Enterprise Products Partners to buy it.
The correlation of Enterprise Products is a statistical measure of how it moves in relation to other equities. 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 Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products 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 Enterprise Products 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.
Pair CorrelationCorrelation Matching
Continue to Enterprise Products Correlation, Enterprise Products Volatility and Enterprise Products Alpha and Beta module to complement your research on Enterprise Products. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for analysis

When running Enterprise Products price analysis, check to measure Enterprise Products' 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 Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
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Enterprise Products 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.
A focus of Enterprise Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enterprise Products trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...