David Meador Chief Admin. Officer, Vice Chairman and Member of Internal Risk Management Committee, CPA
Gerard Anderson Chairman, CEO, Group President of Energy Resources and Chairman of Internal Risk Management Committee, MBA
DTE Energy Diversification Suggestion
Use DTE Energy to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of DTE Energy to be traded at $86.07 in 30 days
DTE Energy Price and Market Media
The median price of DTE Energy for the period between Thu, Jan 1, 2015 and Sat, Jan 31, 2015 is 89.66 with a coefficient of variation of 2.03. The daily time series for the period is distributed with a sample standard deviation of 1.8, arithmetic mean of 89.06, and mean deviation of 1.6. The Stock received some media coverage during the period.
DTE Energy Company [DTE] is traded on New York Stock Exchange in USA. It is located in Detroit, MI and employs 9,900 people. The company currently falls under 'Large-Cap' category with total capitalization of 15.25 B. DTE Energy Company runs under Utilities sector within Electric Utilities industry. This company has 176.99 M outstanding shares of which 3.02 M shares are currently shorted by investors with about 2.2 days to cover shorted positions.
The company has 8.84 B in debt with debt to equity (D/E) ratio of 1.08 which is OK given its current industry classification. DTE Energy Company has Current Ratio of 0.96 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
About 64.0% of DTE Energy Company shares are held by institutions such as insurance companies
Correlation analysis and pair trading evaluation for DTE Energy and SJVN Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return