Enterprise Products Partners Stock Market Value

EPD Stock  USD 29.05  0.01  0.03%   
Enterprise Products' market value is the price at which a share of Enterprise Products trades on a public exchange. It measures the collective expectations of Enterprise Products Partners investors about its performance. Enterprise Products is trading at 29.05 as of the 28th of March 2024, a -0.03 percent down since the beginning of the trading day. The stock's lowest day price was 28.99.
With this module, you can estimate the performance of a buy and hold strategy of Enterprise Products Partners and determine expected loss or profit from investing in Enterprise Products over a given investment horizon. Check out Enterprise Products Correlation, Enterprise Products Volatility and Enterprise Products Alpha and Beta module to complement your research on Enterprise Products.
Symbol

Enterprise Products Price To Book Ratio

Is Enterprise Products' 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 Enterprise Products. If investors know Enterprise 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 Enterprise Products 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
0.096
Dividend Share
2.005
Earnings Share
2.52
Revenue Per Share
22.889
Quarterly Revenue Growth
0.071
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' 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 Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' 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 Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' 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.

Enterprise Products '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 Enterprise Products' 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 Enterprise Products.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Enterprise Products on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Enterprise Products Partners or generate 0.0% return on investment in Enterprise Products over 720 days. Enterprise Products is related to or competes with NuStar Energy, Viper Energy, Global Partners, and Global Partners. Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural ... More

Enterprise Products 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 Enterprise Products' 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 Enterprise Products Partners upside and downside potential and time the market with a certain degree of confidence.

Enterprise Products Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Enterprise Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enterprise Products' standard deviation. In reality, there are many statistical measures that can use Enterprise Products historical prices to predict the future Enterprise Products' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enterprise Products' 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
28.4329.0529.67
Details
Intrinsic
Valuation
LowRealHigh
27.6428.2531.96
Details
Naive
Forecast
LowNextHigh
28.3628.9829.60
Details
22 Analysts
Consensus
LowTargetHigh
28.9731.8435.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enterprise Products. Your research has to be compared to or analyzed against Enterprise Products' peers to derive any actionable benefits. When done correctly, Enterprise Products' 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 Enterprise Products.

Enterprise Products Backtested Returns

We consider Enterprise Products very steady. Enterprise Products secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the company had a 0.31% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enterprise Products Partners, which you can use to evaluate the volatility of the firm. Please confirm Enterprise Products' Mean Deviation of 0.4814, coefficient of variation of 315.96, and Downside Deviation of 0.6466 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Enterprise Products has a performance score of 24 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.41, which means possible diversification benefits within a given portfolio. As returns on the market increase, Enterprise Products' returns are expected to increase less than the market. However, during the bear market, the loss of holding Enterprise Products is expected to be smaller as well. Enterprise Products right now shows a risk of 0.62%. Please confirm Enterprise Products expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Enterprise Products will be following its price patterns.

Auto-correlation

    
  0.20  

Weak predictability

Enterprise Products Partners has weak predictability. Overlapping area represents the amount of predictability between Enterprise Products time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 Enterprise Products price movement. The serial correlation of 0.2 indicates that over 20.0% of current Enterprise Products price fluctuation can be explain by its past prices.
Correlation Coefficient0.2
Spearman Rank Test0.1
Residual Average0.0
Price Variance1.18

Enterprise Products lagged returns against current returns

Autocorrelation, which is Enterprise Products 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 Enterprise Products' stock expected returns. We can calculate the autocorrelation of Enterprise Products returns to help us make a trade decision. For example, suppose you find that Enterprise Products 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  

Enterprise Products 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 Enterprise Products stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enterprise Products stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enterprise Products stock over time.
   Current vs Lagged Prices   
       Timeline  

Enterprise Products Lagged Returns

When evaluating Enterprise Products' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enterprise Products stock have on its future price. Enterprise Products 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, Enterprise Products autocorrelation shows the relationship between Enterprise Products stock current value and its past values and can show if there is a momentum factor associated with investing in Enterprise Products Partners.
   Regressed Prices   
       Timeline  

Enterprise Products Investors Sentiment

The influence of Enterprise Products' 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 Enterprise. 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 Enterprise Products' public news can be used to forecast risks associated with an investment in Enterprise. The trend in average sentiment can be used to explain how an investor holding Enterprise can time the market purely based on public headlines and social activities around Enterprise Products Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Enterprise Products' 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 Enterprise Products' 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 Enterprise Products' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Enterprise Products.

Enterprise Products Implied Volatility

    
  27.23  
Enterprise Products' implied volatility exposes the market's sentiment of Enterprise Products Partners stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Enterprise Products' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Enterprise Products stock will not fluctuate a lot when Enterprise Products' options are near their expiration.
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 Enterprise Products 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, Enterprise Products' short interest history, or implied volatility extrapolated from Enterprise Products options trading.

Pair Trading with Enterprise Products

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 Enterprise Products 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 Enterprise Products will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enterprise Stock

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  0.78NS NuStar Energy LP Financial Report 2nd of May 2024 PairCorr

Moving against Enterprise Stock

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  0.58GEL Genesis Energy LPPairCorr
  0.58LNG Cheniere Energy Financial Report 7th of May 2024 PairCorr
  0.51LPG Dorian LPG Financial Report 22nd of May 2024 PairCorr
The ability to find closely correlated positions to Enterprise Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Products 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 Enterprise Products - 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 Enterprise Products Partners to buy it.
The correlation of Enterprise Products 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 Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products 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 Enterprise Products 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
When determining whether Enterprise Products is a strong investment it is important to analyze Enterprise Products' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enterprise Products' future performance. For an informed investment choice regarding Enterprise Stock, refer to the following important reports:
Check out Enterprise Products Correlation, Enterprise Products Volatility and Enterprise Products Alpha and Beta module to complement your research on Enterprise Products.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Enterprise Stock analysis

When running Enterprise Products' price analysis, check to measure Enterprise Products' 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 Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
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Enterprise Products 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.
A focus of Enterprise Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enterprise Products trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...