Innergex Renewable Financials
| INGXF Stock | USD 5.19 0.50 8.79% |
Innergex |
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 Stock Summary
Innergex Renewable competes with Orsted A/S, Clearway Energy, Northland Power, Tidewater Renewables, and Renew Energy. 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 the United States and is traded on OTC Exchange. It employs 488 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA45790B1040 |
| Business Address | 1225 Saint-Charles Street |
| Sector | Independent Power and Renewable Electricity Producers |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.innergex.com |
| Phone | 450 928 2550 |
| Currency | USD - US Dollar |
Innergex Renewable Key Financial Ratios
There are many critical financial ratios that Innergex Renewable's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Innergex Renewable Energy reports annually and quarterly.| Return On Equity | -0.0231 | |||
| Return On Asset | 0.0222 | |||
| Number Of Employees | 488 | |||
| Beta | 0.34 | |||
| Last Dividend Paid | 0.72 |
Innergex Financial Ratios Relationships
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 below average in return on equity category among its peers. It is rated fourth overall in return on asset category among its peers . 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 Innergex Renewable's earnings, one of the primary drivers of an investment's value.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-six with a total number of output elements of twenty-five. 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 January 23, 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 Pink Sheet 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.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.88 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 4.28 |
Complementary Tools for Innergex Pink Sheet analysis
When running Innergex Renewable's price analysis, check to measure Innergex Renewable'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 Innergex Renewable is operating at the current time. Most of Innergex Renewable's value examination focuses on studying past and present price action to predict the probability of Innergex Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innergex Renewable's price. Additionally, you may evaluate how the addition of Innergex Renewable to your portfolios can decrease your overall portfolio volatility.
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