Duke Energy Stock Market Value
| DUK Stock | USD 98.12 0.12 0.12% |
| Symbol | Duke |
Duke Energy Price To Book Ratio
Is Duke Energy's industry 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 Duke Energy. If investors know Duke 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 Duke 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 (0.12) | Dividend Share 4.06 | Earnings Share 5.35 | Revenue Per Share 37.097 | Quarterly Revenue Growth (0.02) |
The market value of Duke Energy is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke 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 Duke Energy's market value can be influenced by many factors that don't directly affect Duke 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 Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke 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.
Duke 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 Duke 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 Duke Energy.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Duke Energy on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Duke Energy or generate 0.0% return on investment in Duke Energy over 30 days. Duke Energy is related to or competes with Centrais Elétricas, Central Puerto, CMS Energy, Centrais Electricas, and Entergy Texas. Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States More
Duke 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 Duke 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 Duke Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.03 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.05 |
Duke Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Duke Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Duke Energy's standard deviation. In reality, there are many statistical measures that can use Duke Energy historical prices to predict the future Duke Energy's volatility.| Risk Adjusted Performance | 0.0295 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0541 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Duke Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Duke Energy Backtested Returns
We consider Duke Energy very steady. Duke Energy secures Sharpe Ratio (or Efficiency) of 0.0761, which denotes the company had a 0.0761% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Duke Energy, which you can use to evaluate the volatility of the firm. Please confirm Duke Energy's Downside Deviation of 1.07, coefficient of variation of 2434.78, and Mean Deviation of 0.8422 to check if the risk estimate we provide is consistent with the expected return of 0.0842%. Duke Energy has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.65, which means possible diversification benefits within a given portfolio. As returns on the market increase, Duke Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Duke Energy is expected to be smaller as well. Duke Energy right now shows a risk of 1.11%. Please confirm Duke Energy downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Duke Energy will be following its price patterns.
Auto-correlation | -0.42 |
Modest reverse predictability
Duke Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Duke Energy time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Duke Energy price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Duke Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.19 |
Duke Energy lagged returns against current returns
Autocorrelation, which is Duke 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 Duke Energy's stock expected returns. We can calculate the autocorrelation of Duke Energy returns to help us make a trade decision. For example, suppose you find that Duke 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 |
Duke 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 Duke Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Duke Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Duke Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Duke Energy Lagged Returns
When evaluating Duke Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Duke Energy stock have on its future price. Duke 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, Duke Energy autocorrelation shows the relationship between Duke Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Duke Energy.
Regressed Prices |
| Timeline |
Duke Energy Investors Sentiment
The influence of Duke Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Duke. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Duke Energy's public news can be used to forecast risks associated with an investment in Duke. The trend in average sentiment can be used to explain how an investor holding Duke can time the market purely based on public headlines and social activities around Duke Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Duke Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Duke Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Duke Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Duke Energy.
Duke Energy Implied Volatility | 19.24 |
Duke Energy's implied volatility exposes the market's sentiment of Duke Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Duke Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Duke Energy stock will not fluctuate a lot when Duke Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Duke Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Duke Energy's short interest history, or implied volatility extrapolated from Duke Energy options trading.
Pair Trading with Duke Energy
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 Duke Energy 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 Duke Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Duke Stock
| 0.86 | ED | Consolidated Edison Financial Report 2nd of May 2024 | PairCorr |
Moving against Duke Stock
| 0.49 | EBR | Centrais Electricas Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Duke Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duke Energy 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 Duke Energy - 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 Duke Energy to buy it.
The correlation of Duke Energy 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 Duke Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duke Energy 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 Duke Energy 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 Duke Energy Correlation, Duke Energy Volatility and Duke Energy Alpha and Beta module to complement your research on Duke Energy. For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.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..
Complementary Tools for Duke Stock analysis
When running Duke Energy's price analysis, check to measure Duke 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 Duke Energy is operating at the current time. Most of Duke Energy's value examination focuses on studying past and present price action to predict the probability of Duke 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 Duke Energy's price. Additionally, you may evaluate how the addition of Duke Energy to your portfolios can decrease your overall portfolio volatility.
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Duke 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.