Niagara Mohawk Power Stock Return On Equity
| NMPWP Stock | USD 62.00 0.00 0.00% |
Niagara Mohawk Power fundamentals help investors to digest information that contributes to Niagara Mohawk's financial success or failures. It also enables traders to predict the movement of Niagara Pink Sheet. The fundamental analysis module provides a way to measure Niagara Mohawk's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Niagara Mohawk pink sheet.
Niagara |
Niagara Mohawk Power Company Return On Equity Analysis
Niagara Mohawk's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Niagara Mohawk Power has a Return On Equity of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Return On Equity (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Niagara Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Niagara Mohawk's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Niagara Mohawk could also be used in its relative valuation, which is a method of valuing Niagara Mohawk by comparing valuation metrics of similar companies.Niagara Mohawk is currently under evaluation in return on equity category among its peers.
Niagara Fundamentals
| Revenue | 4.13 B | |||
| Net Income | 189.58 M | |||
| Total Debt | 2.45 B | |||
| Cash Flow From Operations | 773.52 M | |||
| Number Of Employees | 11 | |||
| Market Capitalization | 15.36 B | |||
| Total Asset | 12.17 B | |||
| Retained Earnings | 998.98 M | |||
| Working Capital | (100.86 M) | |||
| Current Asset | 1.11 B | |||
| Current Liabilities | 1.21 B | |||
| Z Score | 3.6 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 12.17 B | |||
| Last Dividend Paid | 0.85 |
About Niagara Mohawk Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Niagara Mohawk Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Niagara Mohawk using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Niagara Mohawk Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Niagara Mohawk
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Niagara Mohawk position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Niagara Mohawk will appreciate offsetting losses from the drop in the long position's value.Moving together with Niagara Pink Sheet
Moving against Niagara Pink Sheet
The ability to find closely correlated positions to Niagara Mohawk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Niagara Mohawk when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Niagara Mohawk - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Niagara Mohawk Power to buy it.
The correlation of Niagara Mohawk is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Niagara Mohawk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Niagara Mohawk Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Niagara Mohawk can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Niagara Pink Sheet Analysis
When running Niagara Mohawk's price analysis, check to measure Niagara Mohawk'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 Niagara Mohawk is operating at the current time. Most of Niagara Mohawk's value examination focuses on studying past and present price action to predict the probability of Niagara Mohawk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niagara Mohawk's price. Additionally, you may evaluate how the addition of Niagara Mohawk to your portfolios can decrease your overall portfolio volatility.