Algonquin Power Utilities Corp. Short Interest Up 14.5 percent in October - MarketBeat
AQNB Stock | USD 25.64 0.07 0.27% |
About 54% of Algonquin Power's investor base is interested to short. The analysis of overall sentiment of trading Algonquin Power Utilities stock suggests that many investors are impartial at this time. The current market sentiment, together with Algonquin Power's historical and current headlines, can help investors time the market. In addition, many technical investors use Algonquin Power Utilities stock news signals to limit their universe of possible portfolio assets.
Algonquin |
Algonquin Power Utilities Corp. Short Interest Up 14.5 percent in October MarketBeat
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Algonquin Power Fundamental Analysis
We analyze Algonquin Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algonquin Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algonquin 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.
Net Asset
Net Asset Comparative Analysis
Algonquin Power is currently under evaluation in net asset category among its peers. Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Algonquin Power Utilities Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Algonquin Power stock to make a market-neutral strategy. Peer analysis of Algonquin Power could also be used in its relative valuation, which is a method of valuing Algonquin Power by comparing valuation metrics with similar companies.
Peers
Algonquin Power Related Equities
ARGD | Argo Group | 0.91 | ||||
AFGB | American Financial | 0.04 | ||||
AEFC | Aegon Funding | 0.23 | ||||
CMSD | CMS Energy | 0.29 |
Complementary Tools for Algonquin Stock analysis
When running Algonquin Power's price analysis, check to measure Algonquin Power'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 Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.
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