Enagas Sa Stock Market Capitalization

ENGGY Stock  USD 7.37  0.02  0.27%   
Enagas SA fundamentals help investors to digest information that contributes to Enagas SA's financial success or failures. It also enables traders to predict the movement of Enagas Pink Sheet. The fundamental analysis module provides a way to measure Enagas SA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enagas SA pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Enagas Market Capitalization Analysis

Enagas SA's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

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Shares Outstanding

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Share Price

More About Market Capitalization | All Equity Analysis

Current Enagas SA Market Capitalization

    
  4.75 B  
Most of Enagas SA's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enagas SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Based on the recorded statements, the market capitalization of Enagas SA is about 4.75 B. This is 23.08% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Gas industry. The market capitalization for all United States stocks is 75.03% higher than that of the company.

Enagas Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enagas SA's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Enagas SA could also be used in its relative valuation, which is a method of valuing Enagas SA by comparing valuation metrics of similar companies.
Enagas SA is currently under evaluation in market capitalization category among related companies.

Enagas Fundamentals

About Enagas SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Enagas SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enagas SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enagas SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Enags, S.A. engages in the development, operation, and maintenance of gas infrastructures in Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States. Enags, S.A. was founded in 1972 and is headquartered in Madrid, Spain. Enagas Sa is traded on OTC Exchange in the United States.
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 Enagas SA 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, Enagas SA's short interest history, or implied volatility extrapolated from Enagas SA options trading.

Pair Trading with Enagas SA

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 Enagas SA 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 Enagas SA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enagas Pink Sheet

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  0.96GASNY Naturgy Energy GroupPairCorr

Moving against Enagas Pink Sheet

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  0.55XNGSF ENN Energy HoldingsPairCorr
The ability to find closely correlated positions to Enagas SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enagas SA 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 Enagas SA - 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 Enagas SA to buy it.
The correlation of Enagas SA 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 Enagas SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enagas SA 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 Enagas SA 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.
Pair CorrelationCorrelation Matching
Check out Enagas SA Piotroski F Score and Enagas SA Altman Z Score analysis.
Note that the Enagas SA information on this page should be used as a complementary analysis to other Enagas SA'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Enagas SA's price analysis, check to measure Enagas SA'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 Enagas SA is operating at the current time. Most of Enagas SA's value examination focuses on studying past and present price action to predict the probability of Enagas SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enagas SA's price. Additionally, you may evaluate how the addition of Enagas SA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Enagas SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enagas SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enagas SA'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.