You can harness Innergex Renewable fundamental data analysis to find out if markets are presently mispricing the company. We were able to analyze and collect data for fourty available reported financial drivers for Innergex Renewable Energy, which can be compared to its competitors. The stock experiences a large bullish trend. Check odds of Innergex Renewable to be traded at C$8.01 in 90 days. Key indicators impacting Innergex Renewable's financial strength include:
Understanding current and past Innergex Renewable Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Innergex Renewable's financial statements are interrelated, with each one affecting the others. For example, an increase in Innergex Renewable's assets may result in an increase in income on the income statement.
Innergex Renewable competes with Boralex, Northland Power, Capital Power, and Brookfield Renewable. Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. INNERGEX RENEWABLE operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange. It employs 327 people.
You should never invest in Innergex Renewable without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Innergex Stock, because this is throwing your money away. Analyzing the key information contained in Innergex Renewable's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Innergex Renewable Key Financial Ratios
Innergex Renewable's financial ratios allow both analysts and investors to convert raw data from Innergex Renewable's financial statements into concise, actionable information that can be used to evaluate the performance of Innergex Renewable over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Innergex Renewable's current stock value. Our valuation model uses many indicators to compare Innergex Renewable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innergex Renewable competition to find correlations between indicators driving Innergex Renewable's intrinsic value. More Info.
Innergex Renewable Energy is rated fifth overall in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers . At this time, Innergex Renewable's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Innergex Renewable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Innergex Renewable's 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.
Innergex Renewable Energy Systematic Risk
Innergex Renewable's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innergex Renewable 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Innergex Renewable Energy correlated with the market. If Beta is less than 0 Innergex Renewable generally moves in the opposite direction as compared to the market. If Innergex Renewable Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innergex Renewable Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innergex Renewable is generally in the same direction as the market. If Beta > 1 Innergex Renewable moves generally in the same direction as, but more than the movement of the benchmark.
Innergex Renewable Energy Total Assets Over Time
Today, most investors in Innergex Renewable Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Innergex Renewable's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Innergex Renewable growth as a starting point in their analysis.
Innergex Renewable February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Innergex Renewable help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innergex Renewable Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innergex Renewable Energy based on widely used predictive technical indicators. In general, we focus on analyzing Innergex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innergex Renewable's daily price indicators and compare them against related drivers.
Innergex Renewable financial ratios help investors to determine whether Innergex Stock 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 Innergex with respect to the benefits of owning Innergex Renewable security.