The Value Composite Two of EQGP Holdings, LP (NYSE:EQGP) is 58. The VC2 is determined using the price to book value, price to sales, EBITDA to EV, price to cash flow, price to earnings and shareholder yield. Similarly, the Value Composite One (VC1) is a method that investors use to think through a outfit’s value. The VC1 of EQGP Holdings, LP (NYSE:EQGP) is 50. A outfit with a value of 0 is thought to be an undervalued outfit, while a outfit with a value of 100 is considered an overvalued outfit. The VC1 is determined using the same metrics as VC2, but without taking into consideration shareholder yield.
Investors might have been ready to throw in the towel as the rally stalled recently. However, the panic subsided and growth-hungry investors came searching for their favorite stocks in the wreckage. Keeping things in perspective, the economy seems good, and so does earnings growth. Investors may be wondering where the money will be flowing in the second half of the year. Many people may assume healthcare and tech would be the easy targets, primarily because that’s where the earnings growth is. Industrials and staples are no slouches for growth either, but they may be well fully-valued for their growth. Traders will most likely be honing their strategies that they created, trying to beat the market over the next couple of months.
At the time of writing, EQGP Holdings, LP (NYSE:EQGP) has a Piotroski F-Score of 5. The F-Score may aid spot companies with strengthening balance sheets. The score may also be used to detect the weak performers. Joseph Piotroski developed the F-Score which employs nine other variables based on the outfit financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the nonstandard end, a stock with a score from 0-2 would be viewed as weak.
Watching some historical volatility numbers on shares of EQGP Holdings, LP (NYSE:EQGP), we can see that the 12 month volatility is currently 35.854300. The 6 month volatility is 37.577300, and the 3 month is spotted at 47.095800. Following volatility data can aid add up how much the equity price has fluctuated over the specified time stage. Although past volatility action may aid project future stock volatility, it may also be vastly other when taking into account nonstandard factors that may be driving price action during the measured time stage.
Shifting gears, we can see that EQGP Holdings, LP (NYSE:EQGP) has a Q.i. Value of 25.00000. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. The purpose of the Q.i. Value is to aid identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the outfit tends to be.
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EQGP Holdings, LP (NYSE:EQGP) has a current MF Rank of 6251. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to detect high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks. EQGP Holdings, LP has a current ERP5 Rank of 8747. The ERP5 Rank may aid investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When gazing at the ERP5 ranking, it is generally considered the lower the value, the better.
EQGP Holdings, LP has an M-score Beneish of -1.431409. This M-score model was developed by Messod Beneish in order to discover manipulation of financial statements. The score uses a combination of eight other variables. The specifics of the variables and formula can be found in the Beneish paper “The Detection of Earnings Manipulation”.
Investors may be interested in studying the Gross Margin score on shares of EQGP Holdings, LP (NYSE:EQGP). The name right now has a score of 50.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.
We can now take a quick glance at some historical equity price index data. EQGP Holdings, LP (NYSE:EQGP) currently has a 10 month price index of 0.78351. The price index is determined by dividing the current stock price by the stock price ten months ago. A ratio over one signals an accelerate in stock price over the stage. A ratio lower than one indicates that the price has decreased over that time stage. Looking at some different time periods, the 12 month price index is 0.83575, the 24 month is 0.93735, and the 36 month is 1.25166. Narrowing in a bit closer, the 5 month price index is 0.86254, the 3 month is 0.99053, and the 1 month is right now 1.22589.
A certain equity price rally by itself may not be sufficient evidence when making vital investing decisions. To think through whether buying a stock at a higher price is justified by its long-term return potential, it is imperative to keep the finger on the pulse of underlying fundamentals. Following the latest data may aid investors make the tough portfolio decisions. Investors may also want to set personal financial goals to aid ensure that they are staying on the proper track. Financial professionals may be debating if global economic growth appears to be in a modest uptrend. This may have investors scrambling to study if developing markets are indeed growing with developed markets. This year could end up being the first year in a while where this has happened. The longer the bull market run, the tougher the investing decisions might be for the stock picker.