Algonquin Power Utilities Preferred Stock Buy Hold or Sell Recommendation
| AQN-PD Preferred Stock | CAD 23.30 0.08 0.34% |
Assuming the 90 days trading horizon and your below-average risk tolerance, our recommendation regarding Algonquin Power Utilities is 'Strong Sell'. Macroaxis provides Algonquin Power buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AQN-PD positions.
Check out Algonquin Power Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Algonquin and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Algonquin |
Execute Algonquin Power Buy or Sell Advice
The Algonquin recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Algonquin Power Utilities. Macroaxis does not own or have any residual interests in Algonquin Power Utilities or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Algonquin Power's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Algonquin Power Trading Alerts and Improvement Suggestions
| Algonquin Power generated a negative expected return over the last 90 days | |
| Algonquin Power has high likelihood to experience some financial distress in the next 2 years |
Algonquin Power Returns Distribution Density
The distribution of Algonquin Power's historical returns is an attempt to chart the uncertainty of Algonquin Power's future price movements. The chart of the probability distribution of Algonquin Power daily returns describes the distribution of returns around its average expected value. We use Algonquin Power Utilities price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Algonquin Power returns is essential to provide solid investment advice for Algonquin Power.
| Mean Return | 0.02 | Value At Risk | -1.22 | Potential Upside | 1.15 | Standard Deviation | 0.68 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Algonquin Power historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Algonquin Power Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Algonquin Power or Electric Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Algonquin Power's price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Algonquin preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | -0.27 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.14 |
Algonquin Power Volatility Alert
Algonquin Power Utilities exhibits relatively low volatility with skewness of -0.21 and kurtosis of 1.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Algonquin Power's preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Algonquin Power's preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Algonquin Power Fundamentals Vs Peers
Comparing Algonquin Power's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Algonquin Power's direct or indirect competition across all of the common fundamentals between Algonquin Power and the related equities. This way, we can detect undervalued stocks with similar characteristics as Algonquin Power or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of Algonquin Power's fundamental indicators could also be used in its relative valuation, which is a method of valuing Algonquin Power by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Algonquin Power to competition |
| Fundamentals | Algonquin Power | Peer Average |
| Revenue | 2.7 B | 9.43 B |
| EBITDA | 379.6 M | 3.9 B |
| Net Income | 28.67 M | 570.98 M |
| Total Debt | 621.86 M | 5.32 B |
| Cash Flow From Operations | 628.03 M | 971.22 M |
| Total Asset | 18.37 B | 29.47 B |
| Retained Earnings | (1.28 B) | 9.33 B |
| Working Capital | (618.84 M) | 1.48 B |
| Annual Yield | 0.05 % | |
| Net Asset | 18.37 B |
Algonquin Power Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Algonquin . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 176.07 | |||
| Daily Balance Of Power | 0.1818 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.27 | |||
| Day Typical Price | 23.28 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.08 |
About Algonquin Power Buy or Sell Advice
When is the right time to buy or sell Algonquin Power Utilities? Buying financial instruments such as Algonquin Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Algonquin Preferred Stock
Algonquin Power financial ratios help investors to determine whether Algonquin Preferred 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 Algonquin with respect to the benefits of owning Algonquin Power security.