Altagas Cum Financials
| ALA-PA Preferred Stock | CAD 19.19 0.19 1.00% |
Altagas |
Understanding current and past Altagas Cum Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altagas Cum's financial statements are interrelated, with each one affecting the others. For example, an increase in Altagas Cum's assets may result in an increase in income on the income statement.
Please note, the presentation of Altagas Cum's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Altagas Cum's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Altagas Cum's management manipulating its earnings.
| Instrument | Canada Preferred Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA0213612090 |
| Business Address | 355 - 4th |
| Sector | Utilities |
| Industry | Utilities-Regulated Gas |
| Benchmark | Dow Jones Industrial |
| Website | www.altagas.ca |
| Phone | 403 691 7575 |
| Currency | CAD - Canadian Dollar |
You should never invest in Altagas Cum without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Altagas Preferred Stock, because this is throwing your money away. Analyzing the key information contained in Altagas Cum's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Altagas Cum Key Financial Ratios
Altagas Cum's financial ratios allow both analysts and investors to convert raw data from Altagas Cum's financial statements into concise, actionable information that can be used to evaluate the performance of Altagas Cum over time and compare it to other companies across industries.| Return On Equity | 0.0477 | ||||
| Return On Asset | 0.0273 | ||||
| Beta | 1.32 | ||||
| Last Dividend Paid | 1.05 |
Altagas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altagas Cum's current stock value. Our valuation model uses many indicators to compare Altagas Cum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altagas Cum competition to find correlations between indicators driving Altagas Cum's intrinsic value. More Info.Altagas Cum Red is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Altagas Cum Red is roughly 1.75 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altagas Cum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altagas Cum's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Altagas Cum Red Systematic Risk
Altagas Cum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altagas Cum volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Altagas Cum Red correlated with the market. If Beta is less than 0 Altagas Cum generally moves in the opposite direction as compared to the market. If Altagas Cum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altagas Cum Red is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altagas Cum is generally in the same direction as the market. If Beta > 1 Altagas Cum moves generally in the same direction as, but more than the movement of the benchmark.
Altagas Cum November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altagas Cum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altagas Cum Red. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altagas Cum Red based on widely used predictive technical indicators. In general, we focus on analyzing Altagas Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altagas Cum's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.73 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.15 |
Complementary Tools for Altagas Preferred Stock analysis
When running Altagas Cum's price analysis, check to measure Altagas Cum'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 Altagas Cum is operating at the current time. Most of Altagas Cum's value examination focuses on studying past and present price action to predict the probability of Altagas Cum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altagas Cum's price. Additionally, you may evaluate how the addition of Altagas Cum to your portfolios can decrease your overall portfolio volatility.
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