Nustar Energy Lp Stock Market Value
| NS Stock | USD 22.55 0.16 0.70% |
| Symbol | NuStar |
NuStar Energy LP Price To Book Ratio
Is NuStar Energy'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 NuStar Energy. If investors know NuStar 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 NuStar Energy 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 1.061 | Dividend Share 1.6 | Earnings Share 0.72 | Revenue Per Share 13.985 | Quarterly Revenue Growth 0.051 |
The market value of NuStar Energy LP is measured differently than its book value, which is the value of NuStar that is recorded on the company's balance sheet. Investors also form their own opinion of NuStar Energy's value that differs from its market value or its book value, called intrinsic value, which is NuStar Energy'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 NuStar Energy's market value can be influenced by many factors that don't directly affect NuStar Energy'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 NuStar Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuStar Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuStar Energy'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.
NuStar Energy '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 NuStar Energy'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 NuStar Energy.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in NuStar Energy on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding NuStar Energy LP or generate 0.0% return on investment in NuStar Energy over 30 days. NuStar Energy is related to or competes with ONEOK, Enterprise Products, Energy Transfer, Kinder Morgan, Western Midstream, Hess Midstream, and Antero Midstream. NuStar Energy L.P. engages in the terminalling, storage, and marketing of petroleum products in the United States and in... More
NuStar Energy 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 NuStar Energy'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 NuStar Energy LP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1181 | |||
| Maximum Drawdown | 22.28 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.12 |
NuStar Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NuStar Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NuStar Energy's standard deviation. In reality, there are many statistical measures that can use NuStar Energy historical prices to predict the future NuStar Energy's volatility.| Risk Adjusted Performance | 0.1036 | |||
| Jensen Alpha | 0.2929 | |||
| Total Risk Alpha | 0.0354 | |||
| Sortino Ratio | 0.2125 | |||
| Treynor Ratio | 0.3189 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NuStar Energy'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.
NuStar Energy LP Backtested Returns
We consider NuStar Energy very steady. NuStar Energy LP has Sharpe Ratio of 0.0947, which conveys that the firm had a 0.0947% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for NuStar Energy, which you can use to evaluate the volatility of the firm. Please verify NuStar Energy's Risk Adjusted Performance of 0.1036, mean deviation of 1.34, and Market Risk Adjusted Performance of 0.3289 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. NuStar Energy has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.25, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NuStar Energy will likely underperform. NuStar Energy LP right now secures a risk of 1.48%. Please verify NuStar Energy LP downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if NuStar Energy LP will be following its current price movements.
Auto-correlation | -0.41 |
Modest reverse predictability
NuStar Energy LP has modest reverse predictability. Overlapping area represents the amount of predictability between NuStar Energy time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NuStar Energy LP price movement. The serial correlation of -0.41 indicates that just about 41.0% of current NuStar Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
NuStar Energy LP lagged returns against current returns
Autocorrelation, which is NuStar Energy 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 NuStar Energy's stock expected returns. We can calculate the autocorrelation of NuStar Energy returns to help us make a trade decision. For example, suppose you find that NuStar Energy 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
NuStar Energy 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 NuStar Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NuStar Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NuStar Energy stock over time.
Current vs Lagged Prices |
| Timeline |
NuStar Energy Lagged Returns
When evaluating NuStar Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NuStar Energy stock have on its future price. NuStar Energy 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, NuStar Energy autocorrelation shows the relationship between NuStar Energy stock current value and its past values and can show if there is a momentum factor associated with investing in NuStar Energy LP.
Regressed Prices |
| Timeline |
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When running NuStar Energy's price analysis, check to measure NuStar Energy'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 NuStar Energy is operating at the current time. Most of NuStar Energy's value examination focuses on studying past and present price action to predict the probability of NuStar Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NuStar Energy's price. Additionally, you may evaluate how the addition of NuStar Energy to your portfolios can decrease your overall portfolio volatility.
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