Ngl Energy Partners Stock Market Value
| NGL Stock | USD 4.83 0.23 5.00% |
| Symbol | NGL |
NGL Energy Partners Price To Book Ratio
Is Oil & Gas Storage & Transportation space 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 NGL Energy. If investors know NGL 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 NGL 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 (0.60) | Earnings Share (2.53) | Revenue Per Share | Quarterly Revenue Growth (0.17) | Return On Assets |
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL 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 NGL Energy's market value can be influenced by many factors that don't directly affect NGL 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 NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL 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.
NGL 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 NGL 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 NGL Energy.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in NGL Energy on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding NGL Energy Partners or generate 0.0% return on investment in NGL Energy over 30 days. NGL Energy is related to or competes with NGL Energy, Dynagas LNG, Martin Midstream, Kinetik Holdings, Genesis Energy, Brooge Holdings, and NGL Energy. NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids... More
NGL 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 NGL 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 NGL Energy Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.46 | |||
| Information Ratio | 0.057 | |||
| Maximum Drawdown | 25.13 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.59 |
NGL Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NGL Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NGL Energy's standard deviation. In reality, there are many statistical measures that can use NGL Energy historical prices to predict the future NGL Energy's volatility.| Risk Adjusted Performance | 0.0473 | |||
| Jensen Alpha | 0.1873 | |||
| Total Risk Alpha | 0.2963 | |||
| Sortino Ratio | 0.0463 | |||
| Treynor Ratio | 1.06 |
NGL Energy Partners Backtested Returns
As of now, NGL Stock is moderately volatile. NGL Energy Partners has Sharpe Ratio of 0.0298, which conveys that the firm had a 0.0298 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for NGL Energy, which you can use to evaluate the volatility of the firm. Please verify NGL Energy's mean deviation of 2.21, and Risk Adjusted Performance of 0.0473 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. NGL Energy has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NGL Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding NGL Energy is expected to be smaller as well. NGL Energy Partners currently secures a risk of 3.7%. Please verify NGL Energy Partners semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if NGL Energy Partners will be following its current price movements.
Auto-correlation | 0.01 |
Virtually no predictability
NGL Energy Partners has virtually no predictability. Overlapping area represents the amount of predictability between NGL Energy time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NGL Energy Partners price movement. The serial correlation of 0.01 indicates that just 1.0% of current NGL Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
NGL Energy Partners lagged returns against current returns
Autocorrelation, which is NGL 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 NGL Energy's stock expected returns. We can calculate the autocorrelation of NGL Energy returns to help us make a trade decision. For example, suppose you find that NGL 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 |
NGL 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 NGL Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NGL Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NGL Energy stock over time.
Current vs Lagged Prices |
| Timeline |
NGL Energy Lagged Returns
When evaluating NGL Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NGL Energy stock have on its future price. NGL 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, NGL Energy autocorrelation shows the relationship between NGL Energy stock current value and its past values and can show if there is a momentum factor associated with investing in NGL Energy Partners.
Regressed Prices |
| Timeline |
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NGL 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.