Entergy Stock Market Value

ETR
 Stock
  

USD 116.27  3.46  3.07%   

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


Is Entergy's 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 Entergy. 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 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 YOY
0.042
Market Capitalization
23 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.0174
Return On Equity
10.76
The market value of Entergy 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's value that differs from its market value or its book value, called intrinsic value, which is Entergy'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's market value can be influenced by many factors that don't directly affect Entergy'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's value and its price as these two are different measures arrived at by different means. Investors typically determine Entergy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy'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.

Entergy '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 Entergy'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 Entergy.
0.00
11/01/2022
No Change 0.00  0.0 
In 30 days
12/01/2022
0.00
If you would invest  0.00  in Entergy on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding Entergy or generate 0.0% return on investment in Entergy over 30 days. Entergy is related to or competes with Alcoa Corp, HP, Johnson Johnson, Verizon Communications, Dupont De, International Business, and Cisco Systems. Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in... More

Entergy 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 Entergy'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 Entergy upside and downside potential and time the market with a certain degree of confidence.

Entergy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Entergy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Entergy's standard deviation. In reality, there are many statistical measures that can use Entergy historical prices to predict the future Entergy's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Entergy's 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 Entergy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
114.32116.24118.16
Details
Intrinsic
Valuation
LowReal ValueHigh
109.87111.79127.90
Details
Naive
Forecast
LowNext ValueHigh
115.42117.34119.26
Details
9 Analysts
Consensus
LowTarget PriceHigh
106.00118.93126.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Entergy. Your research has to be compared to or analyzed against Entergy's peers to derive any actionable benefits. When done correctly, Entergy's 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 Entergy.

Entergy Backtested Returns

We consider Entergy very steady. Entergy secures Sharpe Ratio (or Efficiency) of 0.018, which denotes the company had 0.018% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Entergy, which you can use to evaluate the future volatility of the firm. Please confirm Entergy coefficient of variation of (24,040), and Mean Deviation of 1.52 to check if the risk estimate we provide is consistent with the expected return of 0.0348%.
Entergy has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9684, which means possible diversification benefits within a given portfolio. Let's try to break down what Entergy's beta means in this case. Entergy returns are very sensitive to returns on the market. As the market goes up or down, Entergy is expected to follow. Although it is important to respect Entergy historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Entergy technical indicators, you can presently evaluate if the expected return of 0.0348% will be sustainable into the future. Entergy right now shows a risk of 1.93%. Please confirm Entergy value at risk, as well as the relationship between the skewness and day median price to decide if Entergy will be following its price patterns.

Auto-correlation

    
  0.29  

Poor predictability

Entergy has poor predictability. Overlapping area represents the amount of predictability between Entergy time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 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 Entergy price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Entergy price fluctuation can be explain by its past prices.
Correlation Coefficient0.29
Spearman Rank Test0.21
Residual Average0.0
Price Variance4.43

Entergy lagged returns against current returns

Autocorrelation, which is Entergy 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 Entergy's stock expected returns. We can calculate the autocorrelation of Entergy returns to help us make a trade decision. For example, suppose you find that Entergy 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  

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

Entergy Lagged Returns

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

Entergy Investors Sentiment

The influence of Entergy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Entergy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Entergy's public news can be used to forecast risks associated with investment in Entergy. The trend in average sentiment can be used to explain how an investor holding Entergy can time the market purely based on public headlines and social activities around Entergy. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Entergy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Entergy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Entergy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Entergy.
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 Entergy 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, Entergy's short interest history, or implied volatility extrapolated from Entergy options trading.

Pair Trading with Entergy

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 Entergy 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 Entergy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Entergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy 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 Entergy - 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 Entergy to buy it.
The correlation of Entergy 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 Entergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy 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 Entergy 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 Entergy Correlation, Entergy Volatility and Entergy Alpha and Beta module to complement your research on Entergy. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Entergy price analysis, check to measure Entergy'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 Entergy is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.
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Entergy 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 Entergy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Entergy 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...