El Paso Energy Preferred Stock Technical Analysis

EP-PC Preferred Stock  USD 46.70  0.07  0.15%   
As of the 24th of April, El Paso owns the Standard Deviation of 0.4502, market risk adjusted performance of (0.14), and Information Ratio of (0.23). El Paso Energy technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for El Paso, which can be compared to its peers in the sector. Please confirm El Paso Energy information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if El Paso Energy is priced favorably, providing market reflects its prevailing price of 46.7 per share. Given that El Paso Energy has information ratio of (0.23), we urge you to verify El Paso's latest market performance to make sure the company can sustain itself in the future.

El Paso Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EP-PC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EP-PC
  
El Paso's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
El Paso technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of El Paso technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of El Paso 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...

El Paso Energy Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of El Paso Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

El Paso Energy Trend Analysis

Use this graph to draw trend lines for El Paso Energy. You can use it to identify possible trend reversals for El Paso as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual El Paso price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

El Paso Best Fit Change Line

The following chart estimates an ordinary least squares regression model for El Paso Energy applied against its price change over selected period. The best fit line has a slop of   0.0007  , which may suggest that El Paso Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted El Paso price change compared to its average price change.

About El Paso Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of El Paso Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of El Paso Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on El Paso Energy price pattern first instead of the macroeconomic environment surrounding El Paso Energy. By analyzing El Paso's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of El Paso's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to El Paso specific price patterns or momentum indicators. Please read more on our technical analysis page.

El Paso April 24, 2024 Technical Indicators

Most technical analysis of EP-PC help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for EP-PC from various momentum indicators to cycle indicators. When you analyze EP-PC charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in El Paso Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for EP-PC Preferred Stock analysis

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