Equitrans Midstream Corp Stock Probability of Future Stock Price Finishing Over 12.22

ETRN Stock  USD 12.22  0.43  3.65%   
Equitrans Midstream's implied volatility is one of the determining factors in the pricing options written on Equitrans Midstream Corp. Implied volatility approximates the future value of Equitrans Midstream based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Equitrans Midstream Corp over a specific time period. For example, 2024-04-19 CALL at $12.0 is a CALL option contract on Equitrans Midstream's common stock with a strick price of 12.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:48:31 for $0.45 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.35, and an ask price of $0.55. The implied volatility as of the 28th of March is 27.6. View All Equitrans options

Closest to current price Equitrans long CALL Option Payoff at Expiration

Equitrans Midstream's future price is the expected price of Equitrans Midstream instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Equitrans Midstream Corp performance during a given time horizon utilizing its historical volatility. Check out Equitrans Midstream Backtesting, Equitrans Midstream Valuation, Equitrans Midstream Correlation, Equitrans Midstream Hype Analysis, Equitrans Midstream Volatility, Equitrans Midstream History as well as Equitrans Midstream Performance.
  
At this time, Equitrans Midstream's Price Sales Ratio is very stable compared to the past year. As of the 28th of March 2024, Price Fair Value is likely to grow to 2.69, though Price Earnings To Growth Ratio is likely to grow to (0.04). Please specify Equitrans Midstream's target price for which you would like Equitrans Midstream odds to be computed.

Equitrans Midstream Target Price Odds to finish over 12.22

The tendency of Equitrans Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 12.22 90 days 12.22 
near 1
Based on a normal probability distribution, the odds of Equitrans Midstream to move above the current price in 90 days from now is near 1 (This Equitrans Midstream Corp probability density function shows the probability of Equitrans Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.44 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Equitrans Midstream will likely underperform. Additionally Equitrans Midstream Corp has an alpha of 0.1234, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Equitrans Midstream Price Density   
       Price  

Predictive Modules for Equitrans Midstream

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Equitrans Midstream Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Equitrans Midstream'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.
Hype
Prediction
LowEstimatedHigh
10.7912.3013.81
Details
Intrinsic
Valuation
LowRealHigh
10.5812.0913.60
Details
Naive
Forecast
LowNextHigh
10.8712.3813.89
Details
11 Analysts
Consensus
LowTargetHigh
9.6910.6511.82
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Equitrans Midstream. Your research has to be compared to or analyzed against Equitrans Midstream's peers to derive any actionable benefits. When done correctly, Equitrans Midstream's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Equitrans Midstream Corp.

Equitrans Midstream Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Equitrans Midstream is not an exception. The market had few large corrections towards the Equitrans Midstream's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Equitrans Midstream Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Equitrans Midstream within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.12
β
Beta against NYSE Composite1.44
σ
Overall volatility
0.52
Ir
Information ratio 0.12

Equitrans Midstream Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Equitrans Midstream for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Equitrans Midstream Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Equitrans Midstream has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are held by institutions such as insurance companies
On 14th of February 2024 Equitrans Midstream paid $ 0.15 per share dividend to its current shareholders
Latest headline from news.google.com: EQT Looks To Lower Breakeven Costs With Equitrans Deal - Seeking Alpha

Equitrans Midstream Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Equitrans Stock often depends not only on the future outlook of the current and potential Equitrans Midstream's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Equitrans Midstream's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding436.1 M
Cash And Short Term Investments258.9 M

Equitrans Midstream Technical Analysis

Equitrans Midstream's future price can be derived by breaking down and analyzing its technical indicators over time. Equitrans Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Equitrans Midstream Corp. In general, you should focus on analyzing Equitrans Stock price patterns and their correlations with different microeconomic environments and drivers.

Equitrans Midstream Predictive Forecast Models

Equitrans Midstream's time-series forecasting models is one of many Equitrans Midstream's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Equitrans Midstream's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Equitrans Midstream Corp

Checking the ongoing alerts about Equitrans Midstream for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Equitrans Midstream Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Equitrans Midstream has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are held by institutions such as insurance companies
On 14th of February 2024 Equitrans Midstream paid $ 0.15 per share dividend to its current shareholders
Latest headline from news.google.com: EQT Looks To Lower Breakeven Costs With Equitrans Deal - Seeking Alpha
When determining whether Equitrans Midstream Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equitrans Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equitrans Midstream Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equitrans Midstream Corp Stock:

Complementary Tools for Equitrans Stock analysis

When running Equitrans Midstream's price analysis, check to measure Equitrans Midstream'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 Equitrans Midstream is operating at the current time. Most of Equitrans Midstream's value examination focuses on studying past and present price action to predict the probability of Equitrans Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equitrans Midstream's price. Additionally, you may evaluate how the addition of Equitrans Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Equitrans Midstream'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 Equitrans Midstream. If investors know Equitrans 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 Equitrans Midstream 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
0.6
Earnings Share
0.89
Revenue Per Share
3.212
Quarterly Revenue Growth
0.015
The market value of Equitrans Midstream Corp is measured differently than its book value, which is the value of Equitrans that is recorded on the company's balance sheet. Investors also form their own opinion of Equitrans Midstream's value that differs from its market value or its book value, called intrinsic value, which is Equitrans Midstream'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 Equitrans Midstream's market value can be influenced by many factors that don't directly affect Equitrans Midstream'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 Equitrans Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equitrans Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equitrans Midstream'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.