Algonquin Cash Conversion Cycle from 2010 to 2026
| AQN Stock | USD 6.81 0.00 0.00% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 73.09 | Current Value 76.75 | Quarterly Volatility 337.09382825 |
Check Algonquin Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algonquin Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 575.6 M, Interest Expense of 417.9 M or Selling General Administrative of 109.1 M, as well as many indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.0859 or PTB Ratio of 1.02. Algonquin financial statements analysis is a perfect complement when working with Algonquin Power Valuation or Volatility modules.
Algonquin | Cash Conversion Cycle | Build AI portfolio with Algonquin Stock |
Evaluating Algonquin Power's Cash Conversion Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Algonquin Power Utilities's fundamental strength.
Latest Algonquin Power's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Algonquin Power Utilities over the last few years. It is Algonquin Power's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algonquin Power's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
Algonquin Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 143.70 | |
| Geometric Mean | 71.56 | |
| Coefficient Of Variation | 234.58 | |
| Mean Deviation | 153.67 | |
| Median | 62.81 | |
| Standard Deviation | 337.09 | |
| Sample Variance | 113,632 | |
| Range | 1.4K | |
| R-Value | (0.40) | |
| Mean Square Error | 102,169 | |
| R-Squared | 0.16 | |
| Significance | 0.12 | |
| Slope | (26.46) | |
| Total Sum of Squares | 1.8M |
Algonquin Cash Conversion Cycle History
About Algonquin Power Financial Statements
Algonquin Power investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Algonquin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 73.09 | 76.75 |
Pair Trading with Algonquin Power
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 Algonquin Power 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 Algonquin Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Algonquin Stock
The ability to find closely correlated positions to Algonquin Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algonquin Power 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 Algonquin Power - 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 Algonquin Power Utilities to buy it.
The correlation of Algonquin Power 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 Algonquin Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algonquin Power Utilities 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 Algonquin Power 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 the analysis of Algonquin Power Correlation against competitors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Will Multi-Utilities sector continue expanding? Could Algonquin diversify its offerings? Factors like these will boost the valuation of Algonquin Power. If investors know Algonquin will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Algonquin Power data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.90) | Dividend Share 0.26 | Earnings Share 0.07 | Revenue Per Share | Quarterly Revenue Growth 0.017 |
Algonquin Power Utilities's market price often diverges from its book value, the accounting figure shown on Algonquin's balance sheet. Smart investors calculate Algonquin Power's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Algonquin Power's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Algonquin Power's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Algonquin Power represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Algonquin Power'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.