Connecticut Light Financials
| CNLTL Stock | USD 33.23 0.00 0.00% |
Connecticut |
Understanding current and past Connecticut Light Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Connecticut Light's financial statements are interrelated, with each one affecting the others. For example, an increase in Connecticut Light's assets may result in an increase in income on the income statement.
Connecticut Light Stock Summary
Connecticut Light competes with Red Electrica, Centrais Elétricas, Centrais Electricas, Enel Chile, and Korea Electric. The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Connecticut Light is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US2075972040 |
| Business Address | 107 Selden Street, |
| Sector | Utilities |
| Industry | Utilities—Regulated Electric |
| Benchmark | Dow Jones Industrial |
| Phone | 800 286 5000 |
| Currency | USD - US Dollar |
Connecticut Light Key Financial Ratios
There are many critical financial ratios that Connecticut Light's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Connecticut Light reports annually and quarterly.| Return On Equity | 0.0977 | |||
| Return On Asset | 0.0369 | |||
| Beta | -0.04 |
Connecticut Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Connecticut Light's current stock value. Our valuation model uses many indicators to compare Connecticut Light value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Connecticut Light competition to find correlations between indicators driving Connecticut Light's intrinsic value. More Info.The Connecticut Light 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 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Connecticut Light is roughly 2.65 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Connecticut Light's earnings, one of the primary drivers of an investment's value.Connecticut Light Systematic Risk
Connecticut Light's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Connecticut Light 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on Connecticut Light correlated with the market. If Beta is less than 0 Connecticut Light generally moves in the opposite direction as compared to the market. If Connecticut Light Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Connecticut Light is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Connecticut Light is generally in the same direction as the market. If Beta > 1 Connecticut Light moves generally in the same direction as, but more than the movement of the benchmark.
Connecticut Light November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Connecticut Light help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Connecticut Light. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Connecticut Light based on widely used predictive technical indicators. In general, we focus on analyzing Connecticut Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Connecticut Light's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.7 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.61 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.42 |
Other Information on Investing in Connecticut Pink Sheet
Connecticut Light financial ratios help investors to determine whether Connecticut Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Connecticut with respect to the benefits of owning Connecticut Light security.