Magellan Midstream holders vote to approve 18.8B sale to Oneok ... - Seeking Alpha
ONK Stock | EUR 100.16 3.11 3.20% |
Roughly 55% of ONEOK's stockholders are presently thinking to get in. The analysis of current outlook of investing in ONEOK Inc suggests that some traders are interested regarding ONEOK's prospects. The current market sentiment, together with ONEOK's historical and current headlines, can help investors time the market. In addition, many technical investors use ONEOK Inc stock news signals to limit their universe of possible portfolio assets.
ONEOK stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of ONEOK daily returns and investor perception about the current price of ONEOK Inc as well as its diversification or hedging effects on your existing portfolios.
ONEOK |
Magellan Midstream holders vote to approve 18.8B sale to Oneok ... Seeking Alpha
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ONEOK Fundamental Analysis
We analyze ONEOK's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ONEOK using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ONEOK 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.
Current Valuation
Current Valuation Comparative Analysis
ONEOK is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
ONEOK Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ONEOK stock to make a market-neutral strategy. Peer analysis of ONEOK could also be used in its relative valuation, which is a method of valuing ONEOK by comparing valuation metrics with similar companies.
Peers
ONEOK Related Equities
SSUN | Samsung Electronics | 1.89 | ||||
NVAW | Delta Electronics | 1.04 | ||||
ERT | ELECTRONIC ARTS | 0.18 | ||||
RSO | Ross Stores | 0.55 | ||||
AVLA | Air Lease | 0.86 | ||||
NEN | Renesas Electronics | 2.20 | ||||
FR7 | Fast Retailing | 5.65 |
Complementary Tools for ONEOK Stock analysis
When running ONEOK's price analysis, check to measure ONEOK'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 ONEOK is operating at the current time. Most of ONEOK's value examination focuses on studying past and present price action to predict the probability of ONEOK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ONEOK's price. Additionally, you may evaluate how the addition of ONEOK to your portfolios can decrease your overall portfolio volatility.
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