Ngl Energy Partners Preferred Stock Price on June 6, 2024
| NGL-PB Preferred Stock | USD 23.40 0.38 1.60% |
If you're considering investing in NGL Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of NGL Energy stands at 23.40, as last reported on the 30th of November, with the highest price reaching 23.90 and the lowest price hitting 23.40 during the day. At this point, NGL Energy is very steady. NGL Energy Partners has Sharpe Ratio of 0.0598, which conveys that the firm had a 0.0598% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for NGL Energy, which you can use to evaluate the volatility of the firm. Please verify NGL Energy's mean deviation of 0.6601, and Risk Adjusted Performance of 0.0316 to check out if the risk estimate we provide is consistent with the expected return of 0.0552%.
NGL Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NGL |
Sharpe Ratio = 0.0598
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average NGL Energy is performing at about 4% 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 NGL Energy by adding it to a well-diversified portfolio.
NGL Energy Valuation on June 6, 2024
It is possible to determine the worth of NGL Energy on a given historical date. On June 6, 2024 NGL was worth 22.92 at the beginning of the trading date compared to the closed value of 22.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NGL Energy preferred stock. Still, in general, we apply an absolute valuation method to find NGL Energy's 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 NGL Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NGL Energy's related companies.
| Open | High | Low | Close | Volume | |
| 22.92 | 22.92 | 22.87 | 22.91 | 36,060 | |
06/06/2024 | 22.92 | 22.95 | 22.92 | 22.92 | 79,995 |
| 22.92 | 22.97 | 22.83 | 22.86 | 190,493 |
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NGL Energy Trading Date Momentum on June 6, 2024
| On June 07 2024 NGL Energy Partners was traded for 22.86 at the closing time. The maximum traded price for the trading interval was 22.97 and the lowest daily price was 22.83 . The daily volume was recorded at 190.5 K. The volume of trading on 7th of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.26% . The trading delta at closing time to the closing price today is 1.22% . |
NGL Energy Partners Fundamentals Correlations and Trends
By evaluating NGL Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NGL Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NGL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NGL Energy Preferred Stock history
NGL Energy 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 NGL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NGL Energy Partners 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 NGL Energy stock prices may prove useful in developing a viable investing in NGL Energy
NGL Energy Partners LP engages in the crude oil logistics, water solutions, and liquids and refined products businesses. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma. NGL ENERGY operates under Oil Gas Refining Marketing classification in the United States and is traded on NYQ Exchange. It employs 1400 people.
NGL Energy Preferred Stock Technical Analysis
NGL Energy 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
NGL Energy Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
NGL Energy Partners 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.
NGL Energy November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how NGL Energy 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 NGL Energy shares will generate the highest return on investment. By undertsting and applying NGL Energy preferred stock market strength indicators, traders can identify NGL Energy Partners entry and exit signals to maximize returns
NGL Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NGL Energy's price direction in advance. Along with the technical and fundamental analysis of NGL Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NGL 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 | 0.0316 | |||
| Jensen Alpha | 0.013 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.252 |
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Complementary Tools for NGL Preferred Stock analysis
When running NGL Energy's price analysis, check to measure NGL 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 NGL Energy is operating at the current time. Most of NGL Energy's value examination focuses on studying past and present price action to predict the probability of NGL 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 NGL Energy's price. Additionally, you may evaluate how the addition of NGL Energy to your portfolios can decrease your overall portfolio volatility.
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