Ngl Energy Partners Stock Price on February 2, 2024
| NGL Stock | USD 5.81 0.04 0.69% |
Below is the normalized historical share price chart for NGL Energy Partners extending back to May 12, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NGL Energy stands at 5.81, as last reported on the 2nd of May, with the highest price reaching 5.81 and the lowest price hitting 5.81 during the day.
If you're considering investing in NGL Stock, it is important to understand the factors that can impact its price. We consider NGL Energy somewhat reliable. NGL Energy Partners has Sharpe Ratio of 0.0034, which conveys that the firm had a 0.0034% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for NGL Energy, which you can use to evaluate the volatility of the firm. Please verify NGL Energy's mean deviation of 1.03, and Risk Adjusted Performance of 0.0143 to check out if the risk estimate we provide is consistent with the expected return of 0.0045%.
At this time, NGL Energy's Other Stockholder Equity is quite stable compared to the past year. Preferred Stock And Other Adjustments is expected to rise to about 72.1 M this year, although the value of Total Stockholder Equity will most likely fall to about 544.7 M. . At this time, NGL Energy's Price Book Value Ratio is quite stable compared to the past year. Price To Operating Cash Flows Ratio is expected to rise to 1.03 this year, although the value of Price Earnings Ratio will most likely fall to 8.08. NGL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of May 2011 | 200 Day MA 4.8056 | 50 Day MA 5.861 | Beta 1.632 |
NGL |
Sharpe Ratio = 0.0034
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| Negative Returns | NGL |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NGL Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NGL Energy by adding NGL Energy to a well-diversified portfolio.
Price Book 0.941 | Enterprise Value Ebitda 6.2759 | Price Sales 0.1078 | Shares Float 123 M | Wall Street Target Price 6 |
NGL Energy Valuation on February 2, 2024
It is possible to determine the worth of NGL Energy on a given historical date. On February 2, 2024 NGL was worth 5.82 at the beginning of the trading date compared to the closed value of 5.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NGL Energy stock. Still, in general, we apply an absolute valuation method to find NGL Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NGL Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NGL Energy's related companies.
| Open | High | Low | Close | Volume | |
| 5.82 | 5.97 | 5.80 | 5.83 | 351,421 | |
02/02/2024 | 5.82 | 5.84 | 5.74 | 5.82 | 523,439 |
| 5.78 | 5.80 | 5.66 | 5.75 | 708,564 |
| Backtest NGL Energy | | | NGL Energy History | | | NGL Energy Valuation | Previous | Next |
NGL Energy Trading Date Momentum on February 2, 2024
| On February 05 2024 NGL Energy Partners was traded for 5.75 at the closing time. Highest NGL Energy's price during the trading hours was 5.80 and the lowest price during the day was 5.66 . The net volume was 708.6 K. The overall trading history on the 5th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.20% . The trading delta at closing time to current price is 0.34% . |
NGL Energy Partners Fundamentals Correlations and Trends
By evaluating NGL Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NGL Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NGL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NGL Energy Stock history
NGL Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NGL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NGL Energy Partners will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NGL Energy stock prices may prove useful in developing a viable investing in NGL Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 150.7 M | 89.8 M | |
| Net Loss | -65.9 M | -69.2 M |
NGL Energy Stock Technical Analysis
NGL Energy 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.
Price Boundaries
NGL Energy Period Price Range
Low | February 2, 2024
| High |
5.82 | 5.82 |
NGL Energy May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how NGL Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NGL Energy shares will generate the highest return on investment. By undertsting and applying NGL Energy stock market strength indicators, traders can identify NGL Energy Partners entry and exit signals to maximize returns
| Accumulation Distribution | 8963.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.79 | |||
| Day Typical Price | 5.8 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 44.39 |
NGL Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NGL Energy's price direction in advance. Along with the technical and fundamental analysis of NGL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NGL to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0143 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0269 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the NGL Energy Partners information on this page should be used as a complementary analysis to other NGL Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for NGL Stock analysis
When running NGL Energy's price analysis, check to measure NGL 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 NGL Energy is operating at the current time. Most of NGL Energy's value examination focuses on studying past and present price action to predict the probability of NGL 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 NGL Energy's price. Additionally, you may evaluate how the addition of NGL Energy to your portfolios can decrease your overall portfolio volatility.
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Is NGL 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 NGL Energy. If investors know NGL 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 NGL 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 (0.60) | Earnings Share (0.60) | Revenue Per Share 55.91 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0427 |
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL 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 NGL Energy's market value can be influenced by many factors that don't directly affect NGL 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 NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL 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.