4 Reasons to Add Unitil Stock to Your Portfolio Now
| IDA Stock | USD 118.47 0.27 0.23% |
About 56% of IDACORP's investor base is looking to short. The analysis of overall sentiment of trading IDACORP stock suggests that many investors are alarmed at this time. The current market sentiment, together with IDACORP's historical and current headlines, can help investors time the market. In addition, many technical investors use IDACORP stock news signals to limit their universe of possible portfolio assets.
IDACORP |
Unitil makes a strong case for investment in the utility space with its robust capital investments and rising earnings estimates.
Read at zacks.com
 |
IDACORP Fundamental Analysis
We analyze IDACORP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDACORP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDACORP 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.
Price To Sales
Price To Sales Comparative Analysis
IDACORP is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
IDACORP 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 IDACORP stock to make a market-neutral strategy. Peer analysis of IDACORP could also be used in its relative valuation, which is a method of valuing IDACORP by comparing valuation metrics with similar companies.
Peers
IDACORP Related Equities
| CNP | CenterPoint Energy | 0.12 |
| ||
| AGR | Avangrid | 0.14 |
| ||
| DTE | DTE Energy | 0.24 |
| ||
| POR | Portland General | 0.29 |
| ||
| EVRG | Evergy, | 0.57 |
| ||
| LNT | Alliant Energy | 0.61 |
| ||
| AEE | Ameren Corp | 0.62 |
| ||
| PNW | Pinnacle West | 0.87 |
| ||
| CMS | CMS Energy | 1.11 |
|
Complementary Tools for IDACORP Stock analysis
When running IDACORP's price analysis, check to measure IDACORP'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 IDACORP is operating at the current time. Most of IDACORP's value examination focuses on studying past and present price action to predict the probability of IDACORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDACORP's price. Additionally, you may evaluate how the addition of IDACORP to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |