The Narragansett Electric Stock Last Dividend Paid
| NRGSPDelisted Stock | USD 55.00 0.00 0.00% |
The Narragansett Electric fundamentals help investors to digest information that contributes to Narragansett Electric's financial success or failures. It also enables traders to predict the movement of Narragansett Pink Sheet. The fundamental analysis module provides a way to measure Narragansett Electric'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 Narragansett Electric pink sheet.
Narragansett |
The Narragansett Electric Company Last Dividend Paid Analysis
Narragansett Electric's Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
More About Last Dividend Paid | All Equity Analysis
Last Dividend | = | Last Profit Distribution AmountTotal Shares |
Current Narragansett Electric Last Dividend Paid | 0.56 |
Most of Narragansett Electric's fundamental indicators, such as Last Dividend Paid, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Narragansett Electric is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.
CompetitionBased on the recorded statements, The Narragansett Electric has a Last Dividend Paid of 0.563. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The last dividend paid for all United States stocks is notably lower than that of the firm.
Narragansett Last Dividend Paid Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Narragansett Electric's direct or indirect competition against its Last Dividend Paid to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Narragansett Electric could also be used in its relative valuation, which is a method of valuing Narragansett Electric by comparing valuation metrics of similar companies.Narragansett Electric is currently under evaluation in last dividend paid category among its peers.
Narragansett Fundamentals
| Market Capitalization | 59.46 M | |||
| Annual Yield | 0.04 % | |||
| Last Dividend Paid | 0.56 |
About Narragansett Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Narragansett Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Narragansett Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Narragansett Electric 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 Narragansett Electric
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 Narragansett Electric 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 Narragansett Electric will appreciate offsetting losses from the drop in the long position's value.Moving together with Narragansett Pink Sheet
Moving against Narragansett Pink Sheet
| 0.94 | CVPBF | CP ALL Public | PairCorr |
| 0.86 | SCVPF | Siam Cement | PairCorr |
| 0.86 | OAK-PB | Oaktree Capital Group | PairCorr |
| 0.85 | HNHPF | Hon Hai Precision | PairCorr |
| 0.83 | NMPWP | Niagara Mohawk Power | PairCorr |
The ability to find closely correlated positions to Narragansett Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Narragansett Electric 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 Narragansett Electric - 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 The Narragansett Electric to buy it.
The correlation of Narragansett Electric 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 Narragansett Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Narragansett Electric 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 Narragansett Electric 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.Check out Correlation Analysis 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 state. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Narragansett Pink Sheet
If you are still planning to invest in The Narragansett Electric 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 Narragansett Electric's history and understand the potential risks before investing.
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