Nrg Energy Stock Market Value
| NRG Stock | USD 72.61 1.12 1.57% |
| Symbol | NRG |
NRG Energy Price To Book Ratio
Is NRG 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 NRG Energy. If investors know NRG 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 NRG 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 3.946 | Dividend Share 1.54 | Earnings Share (1.12) | Revenue Per Share 126.417 | Quarterly Revenue Growth (0.13) |
The market value of NRG Energy is measured differently than its book value, which is the value of NRG that is recorded on the company's balance sheet. Investors also form their own opinion of NRG Energy's value that differs from its market value or its book value, called intrinsic value, which is NRG 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 NRG Energy's market value can be influenced by many factors that don't directly affect NRG 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 NRG Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NRG Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NRG 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.
NRG 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 NRG 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 NRG Energy.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in NRG Energy on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding NRG Energy or generate 0.0% return on investment in NRG Energy over 30 days. NRG Energy is related to or competes with AGL Energy, Power Assets, Maxim Power, and Huaneng Power. NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States More
NRG 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 NRG 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 NRG Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.233 | |||
| Maximum Drawdown | 8.92 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 3.2 |
NRG Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NRG Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NRG Energy's standard deviation. In reality, there are many statistical measures that can use NRG Energy historical prices to predict the future NRG Energy's volatility.| Risk Adjusted Performance | 0.1864 | |||
| Jensen Alpha | 0.432 | |||
| Total Risk Alpha | 0.25 | |||
| Sortino Ratio | 0.2631 | |||
| Treynor Ratio | 0.7892 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NRG 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.
NRG Energy Backtested Returns
NRG Energy appears to be very steady, given 3 months investment horizon. NRG Energy has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. By inspecting NRG Energy's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise NRG Energy's mean deviation of 1.35, and Risk Adjusted Performance of 0.1864 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NRG Energy holds a performance score of 22. The company secures a Beta (Market Risk) of 0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NRG Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding NRG Energy is expected to be smaller as well. Please check NRG Energy's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether NRG Energy's current price movements will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
NRG Energy has almost perfect reverse predictability. Overlapping area represents the amount of predictability between NRG Energy time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 NRG Energy price movement. The serial correlation of -0.71 indicates that around 71.0% of current NRG Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 2.53 |
NRG Energy lagged returns against current returns
Autocorrelation, which is NRG 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 NRG Energy's stock expected returns. We can calculate the autocorrelation of NRG Energy returns to help us make a trade decision. For example, suppose you find that NRG 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 |
NRG 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 NRG Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NRG Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NRG Energy stock over time.
Current vs Lagged Prices |
| Timeline |
NRG Energy Lagged Returns
When evaluating NRG Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NRG Energy stock have on its future price. NRG 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, NRG Energy autocorrelation shows the relationship between NRG Energy stock current value and its past values and can show if there is a momentum factor associated with investing in NRG Energy.
Regressed Prices |
| Timeline |
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Complementary Tools for NRG Stock analysis
When running NRG Energy's price analysis, check to measure NRG 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 NRG Energy is operating at the current time. Most of NRG Energy's value examination focuses on studying past and present price action to predict the probability of NRG 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 NRG Energy's price. Additionally, you may evaluate how the addition of NRG Energy to your portfolios can decrease your overall portfolio volatility.
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NRG 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.