Algonquin Power Utilities Price on May 15, 2024
AQNUDelisted Stock | USD 19.34 0.66 3.53% |
If you're considering investing in Algonquin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Algonquin Power stands at 19.34, as last reported on the 26th of November, with the highest price reaching 19.34 and the lowest price hitting 18.52 during the day. We have found twenty-three technical indicators for Algonquin Power Utilities, which you can use to evaluate the volatility of the firm. Please confirm Algonquin Power's risk adjusted performance of (0.01), and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Algonquin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Algonquin Power is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Algonquin Power by adding Algonquin Power to a well-diversified portfolio.
Algonquin Power Valuation on May 15, 2024
It is possible to determine the worth of Algonquin Power on a given historical date. On May 15, 2024 Algonquin was worth 21.94 at the beginning of the trading date compared to the closed value of 22.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Algonquin Power stock. Still, in general, we apply an absolute valuation method to find Algonquin Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Algonquin Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Algonquin Power's related companies.
Open | High | Low | Close | Volume | |
21.76 | 21.92 | 21.63 | 21.63 | 14,900 | |
05/15/2024 | 21.94 | 22.38 | 21.94 | 22.23 | 24,600 |
22.36 | 22.44 | 22.16 | 22.44 | 11,400 |
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Algonquin Power Trading Date Momentum on May 15, 2024
On May 16 2024 Algonquin Power Utilities was traded for 22.44 at the closing time. The top price for the day was 22.44 and the lowest listed price was 22.16 . The trading volume for the day was 11.4 K. The trading history from May 16, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.94% . The overall trading delta against the current closing price is 1.03% . |
Algonquin Power Utilities Fundamentals Correlations and Trends
By evaluating Algonquin Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Algonquin Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Algonquin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Algonquin Power Stock history
Algonquin Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Algonquin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Algonquin Power Utilities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Algonquin Power stock prices may prove useful in developing a viable investing in Algonquin Power
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people.
Algonquin Power Stock Technical Analysis
Algonquin Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Algonquin Power Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
Algonquin Power Utilities cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Algonquin Power November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Algonquin Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Algonquin Power shares will generate the highest return on investment. By undertsting and applying Algonquin Power stock market strength indicators, traders can identify Algonquin Power Utilities entry and exit signals to maximize returns
Algonquin Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Algonquin Power's price direction in advance. Along with the technical and fundamental analysis of Algonquin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Algonquin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (0.39) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in Algonquin Stock
If you are still planning to invest in Algonquin Power Utilities check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Algonquin Power's history and understand the potential risks before investing.
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