Entergy Return On Equity from 2010 to 2024
| ETR Stock | USD 106.50 1.03 0.96% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.1611657 | Current Value 0.17 | Quarterly Volatility 0.06365409 |
Check Entergy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Entergy main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 9.8 B or Gross Profit of 5 B, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0491 or PTB Ratio of 1.18. Entergy financial statements analysis is a perfect complement when working with Entergy Valuation or Volatility modules.
Entergy | Return On Equity |
Latest Entergy's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Entergy over the last few years. Return on Equity is the amount of Entergy net income returned as a percentage of Entergy equity. Return on equity measures Entergy profitability by revealing how much profit Entergy generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Entergy's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Entergy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.15 | 10 Years Trend |
|
Return On Equity |
| Timeline |
Entergy Return On Equity Regression Statistics
| Arithmetic Mean | 0.09 | |
| Geometric Mean | 0.09 | |
| Coefficient Of Variation | 72.46 | |
| Mean Deviation | 0.04 | |
| Median | 0.1 | |
| Standard Deviation | 0.06 | |
| Sample Variance | 0 | |
| Range | 0.2398 | |
| R-Value | 0.33 | |
| Mean Square Error | 0 | |
| R-Squared | 0.11 | |
| Significance | 0.23 | |
| Slope | 0 | |
| Total Sum of Squares | 0.06 |
Entergy Return On Equity History
About Entergy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Entergy income statement, its balance sheet, and the statement of cash flows. Entergy investors use historical funamental indicators, such as Entergy's Return On Equity, to determine how well the company is positioned to perform in the future. Although Entergy investors may use each financial statement separately, they are all related. The changes in Entergy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Entergy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Entergy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Entergy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.16 | 0.17 |
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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Entergy's public news can be used to forecast risks associated with an 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 equities 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.Moving together with Entergy Stock
| 0.95 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.69 | ED | Consolidated Edison Financial Report 2nd of May 2024 | PairCorr |
| 0.88 | ES | Eversource Energy Earnings Call This Week | PairCorr |
| 0.79 | FE | FirstEnergy | PairCorr |
Moving against Entergy Stock
| 0.79 | HE | Hawaiian Electric Downward Rally | PairCorr |
| 0.41 | CMS-PC | CMS Energy | PairCorr |
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 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 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.Check out the analysis of Entergy Correlation against competitors. To learn how to invest in Entergy Stock, please use our How to Invest in Entergy guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Entergy Stock analysis
When running Entergy's 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 the 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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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 (0.76) | Dividend Share 4.4 | Earnings Share 9.98 | Revenue Per Share 56.415 | Quarterly Revenue Growth (0.06) |
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 if Entergy is a good investment 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.