Altagas Financials
| ALA-PG Preferred Stock | CAD 22.99 0.01 0.04% |
Altagas |
Understanding current and past Altagas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altagas' financial statements are interrelated, with each one affecting the others. For example, an increase in Altagas' assets may result in an increase in income on the income statement.
Please note, the presentation of Altagas' 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' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Altagas' management manipulating its earnings.
Altagas Preferred Stock Summary
Altagas competes with E Split, and Sage Potash. AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS LTD operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 2881 people.| Instrument | Canada Preferred Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA0213618865 |
| Business Address | 355 - 4th |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.altagas.ca |
| Phone | 403 691 7575 |
| Currency | CAD - Canadian Dollar |
You should never invest in Altagas 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' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Altagas Key Financial Ratios
Altagas' financial ratios allow both analysts and investors to convert raw data from Altagas' financial statements into concise, actionable information that can be used to evaluate the performance of Altagas over time and compare it to other companies across industries.Altagas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altagas's current stock value. Our valuation model uses many indicators to compare Altagas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altagas competition to find correlations between indicators driving Altagas's intrinsic value. More Info.Altagas Ltd Pref is number one stock in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Altagas Ltd Pref is roughly 2.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altagas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altagas' 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 Pref Systematic Risk
Altagas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altagas 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Altagas Pref correlated with the market. If Beta is less than 0 Altagas generally moves in the opposite direction as compared to the market. If Altagas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altagas Pref is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altagas is generally in the same direction as the market. If Beta > 1 Altagas moves generally in the same direction as, but more than the movement of the benchmark.
Altagas November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altagas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altagas Ltd Pref. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altagas Ltd Pref 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's daily price indicators and compare them against related drivers.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 2.54 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 0.8065 |
Complementary Tools for Altagas Preferred Stock analysis
When running Altagas' price analysis, check to measure Altagas' 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 is operating at the current time. Most of Altagas' value examination focuses on studying past and present price action to predict the probability of Altagas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altagas' price. Additionally, you may evaluate how the addition of Altagas to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |