Plains Gp Holdings Stock Technical Analysis
PAGP Stock | USD 18.24 0.24 1.30% |
As of the 17th of April 2024, Plains GP holds the Semi Deviation of 0.8889, coefficient of variation of 514.35, and Risk Adjusted Performance of 0.1266. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plains GP, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Plains GP Holdings, which can be compared to its competitors. Please check Plains GP Holdings standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Plains GP Holdings is priced some-what accurately, providing market reflects its current price of 18.24 per share. Given that Plains GP has jensen alpha of 0.1569, we recommend you to check out Plains GP Holdings's recent market performance to make sure the company can sustain itself at a future point.
Plains GP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Plains, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PlainsPlains |
Plains GP Analyst Consensus
Target Price | Advice | # of Analysts | |
17.04 | Buy | 16 | Odds |
Most Plains analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Plains stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Plains GP Holdings, talking to its executives and customers, or listening to Plains conference calls.
Plains GP 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.
Plains GP Holdings Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Plains GP Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Plains GP Holdings Trend Analysis
Use this graph to draw trend lines for Plains GP Holdings. You can use it to identify possible trend reversals for Plains GP as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Plains GP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Plains GP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Plains GP Holdings applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Plains GP Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 97.47, which is the sum of squared deviations for the predicted Plains GP price change compared to its average price change.About Plains GP Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Plains GP Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Plains GP Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Plains GP Holdings price pattern first instead of the macroeconomic environment surrounding Plains GP Holdings. By analyzing Plains GP's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Plains GP's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Plains GP specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0712 | 0.0671 | 0.0672 | 0.12 | Price To Sales Ratio | 0.0468 | 0.0421 | 0.0639 | 0.1 |
Plains GP April 17, 2024 Technical Indicators
Most technical analysis of Plains help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Plains from various momentum indicators to cycle indicators. When you analyze Plains charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1266 | |||
Market Risk Adjusted Performance | 0.2456 | |||
Mean Deviation | 0.8958 | |||
Semi Deviation | 0.8889 | |||
Downside Deviation | 1.1 | |||
Coefficient Of Variation | 514.35 | |||
Standard Deviation | 1.07 | |||
Variance | 1.14 | |||
Information Ratio | 0.1399 | |||
Jensen Alpha | 0.1569 | |||
Total Risk Alpha | 0.1159 | |||
Sortino Ratio | 0.1355 | |||
Treynor Ratio | 0.2356 | |||
Maximum Drawdown | 3.95 | |||
Value At Risk | (1.49) | |||
Potential Upside | 1.73 | |||
Downside Variance | 1.21 | |||
Semi Variance | 0.7901 | |||
Expected Short fall | (0.94) | |||
Skewness | (0.21) | |||
Kurtosis | (0.96) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plains GP Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Plains GP Holdings information on this page should be used as a complementary analysis to other Plains GP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Plains Stock analysis
When running Plains GP's price analysis, check to measure Plains GP'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 Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.
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Is Plains GP'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 Plains GP. If investors know Plains 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 Plains GP 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 (0.67) | Dividend Share 1.12 | Earnings Share 1.01 | Revenue Per Share 249.805 | Quarterly Revenue Growth (0.02) |
The market value of Plains GP Holdings is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains GP's value that differs from its market value or its book value, called intrinsic value, which is Plains GP'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 Plains GP's market value can be influenced by many factors that don't directly affect Plains GP'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 Plains GP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains GP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains GP'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.