Algonquin Power Utilities Stock Price Prediction
| AQN Stock | CAD 6.78 0.13 1.95% |
Oversold Vs Overbought
40
Oversold | Overbought |
Quarterly Earnings Growth 1.998 | EPS Estimate Next Quarter 0.16 | EPS Estimate Current Year 0.393 | EPS Estimate Next Year 0.315 | Wall Street Target Price 5.7388 |
Using Algonquin Power hype-based prediction, you can estimate the value of Algonquin Power Utilities from the perspective of Algonquin Power response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Algonquin Power to buy its stock at a price that has no basis in reality. In that case, they are not buying Algonquin because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Algonquin Power after-hype prediction price | CAD 6.79 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Algonquin |
Algonquin Power After-Hype Price Prediction Density Analysis
As far as predicting the price of Algonquin Power at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Algonquin Power or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Algonquin Power, with the unreliable approximations that try to describe financial returns.
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| Expected price to next headline |
Algonquin Power Estimiated After-Hype Price Volatility
In the context of predicting Algonquin Power's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Algonquin Power's historical news coverage. Algonquin Power's after-hype downside and upside margins for the prediction period are 5.43 and 8.15, respectively. We have considered Algonquin Power's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Algonquin Power is not too volatile at this time. Analysis and calculation of next after-hype price of Algonquin Power Utilities is based on 3 months time horizon.
Algonquin Power Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Algonquin Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Algonquin Power backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Algonquin Power, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 1.35 | 0.01 | 0.00 | 3 Events / Month | 1 Events / Month | In about 3 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
6.78 | 6.79 | 0.15 |
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Algonquin Power Hype Timeline
Algonquin Power Utilities is presently traded for 6.78on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. Algonquin is estimated to increase in value after the next headline, with the price projected to jump to 6.79 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 0.15%, whereas the daily expected return is presently at -0.05%. The volatility of related hype on Algonquin Power is about 2347.83%, with the expected price after the next announcement by competition of 6.78. The company reported the revenue of 2.7 B. Net Loss for the year was (33.3 M) with profit before overhead, payroll, taxes, and interest of 1.05 B. Assuming the 90 days trading horizon the next estimated press release will be in about 3 days. Check out Algonquin Power Basic Forecasting Models to cross-verify your projections.Algonquin Power Related Hype Analysis
Having access to credible news sources related to Algonquin Power's direct competition is more important than ever and may enhance your ability to predict Algonquin Power's future price movements. Getting to know how Algonquin Power's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Algonquin Power may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| FTS | Fortis Inc | (0.18) | 5 per month | 0.59 | (0.03) | 1.13 | (1.19) | 3.91 | |
| ENB | Enbridge | (0.52) | 4 per month | 0.31 | 0.11 | 1.62 | (0.91) | 3.26 | |
| T | Telus Corp | 0.28 | 2 per month | 0.80 | (0.09) | 2.01 | (1.30) | 5.91 | |
| BEP-UN | Brookfield Renewable Partners | 0.19 | 3 per month | 1.60 | 0.04 | 3.43 | (2.72) | 14.66 |
Algonquin Power Additional Predictive Modules
Most predictive techniques to examine Algonquin price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Algonquin using various technical indicators. When you analyze Algonquin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Algonquin Power Predictive Indicators
The successful prediction of Algonquin Power stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Algonquin Power Utilities, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Algonquin Power based on analysis of Algonquin Power hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Algonquin Power's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Algonquin Power's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0352 | 0.0946 | 0.054 | 0.0806 | Price To Sales Ratio | 3.93 | 1.48 | 2.27 | 2.16 |
Story Coverage note for Algonquin Power
The number of cover stories for Algonquin Power depends on current market conditions and Algonquin Power's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Algonquin Power is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Algonquin Power's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Latest Perspective From Macroaxis
Algonquin Power Short Properties
Algonquin Power's future price predictability will typically decrease when Algonquin Power's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Algonquin Power Utilities often depends not only on the future outlook of the potential Algonquin Power's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Algonquin Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 690.8 M | |
| Cash And Short Term Investments | 56.1 M |
Check out Algonquin Power Basic Forecasting Models to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.