Entergy Texas Preferred Stock Price on January 31, 2023
| ETI-P Preferred Stock | USD 24.83 0.10 0.40% |
If you're considering investing in Entergy Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Entergy Texas stands at 24.83, as last reported on the 1st of December, with the highest price reaching 24.83 and the lowest price hitting 24.83 during the day. Currently, Entergy Texas is very steady. Entergy Texas secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Entergy Texas, which you can use to evaluate the volatility of the firm. Please confirm Entergy Texas' Coefficient Of Variation of 940.44, mean deviation of 0.5216, and Downside Deviation of 0.7497 to check if the risk estimate we provide is consistent with the expected return of 0.0835%.
Entergy Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Entergy |
Sharpe Ratio = 0.1119
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Entergy Texas is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Entergy Texas by adding it to a well-diversified portfolio.
Entergy Texas Valuation on January 31, 2023
It is possible to determine the worth of Entergy Texas on a given historical date. On January 31, 2023 Entergy was worth 21.85 at the beginning of the trading date compared to the closed value of 22.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Entergy Texas preferred stock. Still, in general, we apply an absolute valuation method to find Entergy Texas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Entergy Texas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Entergy Texas' related companies.
| Open | High | Low | Close | Volume | |
| 22.02 | 22.04 | 21.78 | 21.78 | 2,316 | |
01/31/2023 | 21.85 | 22.09 | 21.79 | 22.09 | 3,485 |
| 21.83 | 22.12 | 21.78 | 22.00 | 3,373 |
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Entergy Texas Trading Date Momentum on January 31, 2023
| On February 01 2023 Entergy Texas was traded for 22.00 at the closing time. The highest daily price throughout the period was 22.12 and the lowest price was 21.78 . The daily volume was 3.4 K. The net trading volume on 02/01/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.41% . The overall trading delta to current closing price is 4.48% . |
Entergy Texas Fundamentals Correlations and Trends
By evaluating Entergy Texas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Entergy Texas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Entergy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Entergy Texas Preferred Stock history
Entergy Texas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Entergy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Entergy Texas will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Entergy Texas stock prices may prove useful in developing a viable investing in Entergy Texas
Entergy Texas Preferred Stock Technical Analysis
Entergy Texas 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.
Price Boundaries
Entergy Texas Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Entergy Texas cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Entergy Texas December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Entergy Texas preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Entergy Texas shares will generate the highest return on investment. By undertsting and applying Entergy Texas preferred stock market strength indicators, traders can identify Entergy Texas entry and exit signals to maximize returns
Entergy Texas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Entergy Texas' price direction in advance. Along with the technical and fundamental analysis of Entergy Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Entergy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0809 | |||
| Jensen Alpha | 0.0703 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (4.62) |
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Additional Tools for Entergy Preferred Stock Analysis
When running Entergy Texas' price analysis, check to measure Entergy Texas' 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 Entergy Texas is operating at the current time. Most of Entergy Texas' value examination focuses on studying past and present price action to predict the probability of Entergy Texas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy Texas' price. Additionally, you may evaluate how the addition of Entergy Texas to your portfolios can decrease your overall portfolio volatility.