Entergy New Orleans Stock Net Asset
| ENO Stock | USD 23.27 0.03 0.13% |
Entergy New Orleans fundamentals help investors to digest information that contributes to Entergy New's financial success or failures. It also enables traders to predict the movement of Entergy Stock. The fundamental analysis module provides a way to measure Entergy New's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Entergy New stock.
Entergy | Net Asset |
Entergy New Orleans Company Net Asset Analysis
Entergy New's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Entergy New Net Asset | 2.1 B |
Most of Entergy New's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Entergy New Orleans is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Entergy Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Entergy New is extremely important. It helps to project a fair market value of Entergy Stock properly, considering its historical fundamentals such as Net Asset. Since Entergy New's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Entergy New's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Entergy New's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Entergy Total Assets
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Based on the recorded statements, Entergy New Orleans has a Net Asset of 2.1 B. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.
Entergy Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entergy New's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Entergy New could also be used in its relative valuation, which is a method of valuing Entergy New by comparing valuation metrics of similar companies.Entergy New is currently under evaluation in net asset category among its peers.
Entergy New ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Entergy New's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Entergy New's managers, analysts, and investors.Environmental | Governance | Social |
Entergy Fundamentals
| Return On Equity | 0.0934 | |||
| Revenue | 843.93 M | |||
| EBITDA | 157.7 M | |||
| Net Income | 228.94 M | |||
| Cash And Equivalents | 32.74 M | |||
| Total Debt | 688.29 M | |||
| Debt To Equity | 105.10 % | |||
| Current Ratio | 1.39 X | |||
| Cash Flow From Operations | 202.96 M | |||
| Number Of Employees | 274 | |||
| Market Capitalization | 196.3 M | |||
| Total Asset | 2.1 B | |||
| Retained Earnings | 11.94 B | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 2.1 B |
About Entergy New Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Entergy New Orleans's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entergy New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entergy New Orleans 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.
Please read more on our fundamental analysis page.
Pair Trading with Entergy New
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entergy New position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entergy New will appreciate offsetting losses from the drop in the long position's value.Moving against Entergy Stock
| 0.54 | VRSK | Verisk Analytics | PairCorr |
| 0.5 | VIRC | Virco Manufacturing Earnings Call This Week | PairCorr |
| 0.49 | RTO | Rentokil Initial PLC | PairCorr |
| 0.4 | INOD | Innodata Downward Rally | PairCorr |
| 0.37 | FORR | Forrester Research | PairCorr |
The ability to find closely correlated positions to Entergy New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entergy New when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entergy New - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entergy New Orleans to buy it.
The correlation of Entergy New is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entergy New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entergy New Orleans moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entergy New can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Entergy New Piotroski F Score and Entergy New Altman Z Score analysis. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Environmental & Facilities Services 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 Entergy New. If investors know Entergy 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 Entergy New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Equity 0.0934 |
The market value of Entergy New Orleans is measured differently than its book value, which is the value of Entergy that is recorded on the company's balance sheet. Investors also form their own opinion of Entergy New's value that differs from its market value or its book value, called intrinsic value, which is Entergy New'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 Entergy New's market value can be influenced by many factors that don't directly affect Entergy New'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 Entergy New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Entergy New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entergy New'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.