Algonquin Power Financials
| AQN-PD Preferred Stock | CAD 23.30 0.08 0.34% |
Algonquin |
Understanding current and past Algonquin Power Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Algonquin Power's financial statements are interrelated, with each one affecting the others. For example, an increase in Algonquin Power's assets may result in an increase in income on the income statement.
Please note, the presentation of Algonquin Power'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, Algonquin Power's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Algonquin Power's management manipulating its earnings.
| Instrument | Canada Preferred Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA0158575013 |
| Sector | Electric Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Currency | CAD - Canadian Dollar |
Algonquin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Algonquin Power's current stock value. Our valuation model uses many indicators to compare Algonquin Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Algonquin Power competition to find correlations between indicators driving Algonquin Power's intrinsic value. More Info.Algonquin Power Utilities is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.14 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Algonquin Power Utilities is roughly 7.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Algonquin Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Algonquin Power'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.Algonquin Power Utilities Systematic Risk
Algonquin Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Algonquin Power 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 Algonquin Power Utilities correlated with the market. If Beta is less than 0 Algonquin Power generally moves in the opposite direction as compared to the market. If Algonquin Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Algonquin Power Utilities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Algonquin Power is generally in the same direction as the market. If Beta > 1 Algonquin Power moves generally in the same direction as, but more than the movement of the benchmark.
Algonquin Power Thematic Clasifications
Algonquin Power Utilities is part of Basic Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electric, gas, water, and other energy utilities. Companies involved in production and distribution of electric, gas, water, and other energy utilities
This theme covers Electric, gas, water, and other energy utilities. Companies involved in production and distribution of electric, gas, water, and other energy utilities. Get More Thematic Ideas
| Basic Utilities | View |
Algonquin Power November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Algonquin Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Algonquin Power Utilities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Algonquin Power Utilities based on widely used predictive technical indicators. In general, we focus on analyzing Algonquin Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Algonquin Power's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7191 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 3.84 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.05 |
Complementary Tools for Algonquin Preferred Stock analysis
When running Algonquin Power's price analysis, check to measure Algonquin Power'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 Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |