Emera Inc Preferred Stock Performance
| EMA-PH Preferred Stock | CAD 23.89 0.39 1.66% |
Emera has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, Emera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Emera is expected to be smaller as well. Emera Inc right now shows a risk of 0.67%. Please confirm Emera Inc total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if Emera Inc will be following its price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Emera Inc are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Emera is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 324 M | |
| Free Cash Flow | -696 M |
Emera |
Emera Relative Risk vs. Return Landscape
If you would invest 2,325 in Emera Inc on September 12, 2024 and sell it today you would earn a total of 25.00 from holding Emera Inc or generate 1.08% return on investment over 90 days. Emera Inc is generating 0.0192% of daily returns and assumes 0.6735% volatility on return distribution over the 90 days horizon. Simply put, 5% of preferred stocks are less volatile than Emera, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Emera Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emera's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Emera Inc, and traders can use it to determine the average amount a Emera's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0285
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Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Emera is performing at about 2% of its full potential. 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 Emera by adding it to a well-diversified portfolio.
Emera Fundamentals Growth
Emera Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Emera, and Emera fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Emera Preferred Stock performance.
| Return On Equity | 0.066 | ||||
| Return On Asset | 0.023 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 27.36 B | ||||
| Shares Outstanding | 233 M | ||||
| Price To Earning | 7.42 X | ||||
| Price To Sales | 1.71 X | ||||
| Revenue | 6.53 B | ||||
| EBITDA | 1.75 B | ||||
| Cash And Equivalents | 285 M | ||||
| Cash Per Share | 1.16 X | ||||
| Total Debt | 19.86 B | ||||
| Debt To Equity | 1.69 % | ||||
| Book Value Per Share | 38.59 X | ||||
| Cash Flow From Operations | 2.24 B | ||||
| Earnings Per Share | 2.30 X | ||||
| Total Asset | 39.48 B | ||||
| Retained Earnings | 1.8 B | ||||
About Emera Performance
By analyzing Emera's fundamental ratios, stakeholders can gain valuable insights into Emera's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Emera has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Emera has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. As of December 31, 2019, it served approximately 406,000 customers in Florida 534,000 customers in New Mexico 523,000 customers in Nova Scotia 159,000 customers in the state of Maine and 131,000 customers in the Island of Barbados. EMERA INC operates under UtilitiesDiversified classification in Canada and is traded on Toronto Stock Exchange.Things to note about Emera Inc performance evaluation
Checking the ongoing alerts about Emera for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Emera Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Emera Inc has high likelihood to experience some financial distress in the next 2 years | |
| Emera Inc has accumulated 19.86 B in total debt with debt to equity ratio (D/E) of 1.69, which is about average as compared to similar companies. Emera Inc has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Emera until it has trouble settling it off, either with new capital or with free cash flow. So, Emera's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Emera Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera's use of debt, we should always consider it together with cash and equity. |
- Analyzing Emera's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Emera's stock is overvalued or undervalued compared to its peers.
- Examining Emera's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Emera's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Emera's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Emera's preferred stock. These opinions can provide insight into Emera's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Emera Preferred Stock analysis
When running Emera's price analysis, check to measure Emera'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 Emera is operating at the current time. Most of Emera's value examination focuses on studying past and present price action to predict the probability of Emera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emera's price. Additionally, you may evaluate how the addition of Emera to your portfolios can decrease your overall portfolio volatility.
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