Algonquin Power Utilities Stock Market Value
| AGQPF Stock | USD 14.45 0.00 0.00% |
| Symbol | Algonquin |
Algonquin Power 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Algonquin Power's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Algonquin Power.
| 01/04/2025 |
| 12/30/2025 |
If you would invest 0.00 in Algonquin Power on January 4, 2025 and sell it all today you would earn a total of 0.00 from holding Algonquin Power Utilities or generate 0.0% return on investment in Algonquin Power over 360 days. Algonquin Power is related to or competes with Public PowerSA, Northland Power, Tohoku Electric, Electric Power, Drax Group, Contact Energy, and Atco. More
Algonquin Power Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Algonquin Power's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Algonquin Power Utilities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 2.19 |
Algonquin Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Algonquin Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Algonquin Power's standard deviation. In reality, there are many statistical measures that can use Algonquin Power historical prices to predict the future Algonquin Power's volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.0263 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.57) |
Algonquin Power Utilities Backtested Returns
At this point, Algonquin Power is very steady. Algonquin Power Utilities secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Algonquin Power Utilities, which you can use to evaluate the volatility of the firm. Please confirm Algonquin Power's mean deviation of 0.0654, and Risk Adjusted Performance of 0.0704 to double-check if the risk estimate we provide is consistent with the expected return of 0.0348%. Algonquin Power has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0404, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Algonquin Power are expected to decrease at a much lower rate. During the bear market, Algonquin Power is likely to outperform the market. Algonquin Power Utilities right now shows a risk of 0.28%. Please confirm Algonquin Power Utilities information ratio, as well as the relationship between the kurtosis and relative strength index , to decide if Algonquin Power Utilities will be following its price patterns.
Auto-correlation | 0.59 |
Modest predictability
Algonquin Power Utilities has modest predictability. Overlapping area represents the amount of predictability between Algonquin Power time series from 4th of January 2025 to 3rd of July 2025 and 3rd of July 2025 to 30th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Algonquin Power Utilities price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Algonquin Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Algonquin Power Utilities lagged returns against current returns
Autocorrelation, which is Algonquin Power pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Algonquin Power's pink sheet expected returns. We can calculate the autocorrelation of Algonquin Power returns to help us make a trade decision. For example, suppose you find that Algonquin Power has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Algonquin Power regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Algonquin Power pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Algonquin Power pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Algonquin Power pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Algonquin Power Lagged Returns
When evaluating Algonquin Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Algonquin Power pink sheet have on its future price. Algonquin Power autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Algonquin Power autocorrelation shows the relationship between Algonquin Power pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Algonquin Power Utilities.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Algonquin Pink Sheet
When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:Check out Algonquin Power Correlation, Algonquin Power Volatility and Algonquin Power Alpha and Beta module to complement your research on Algonquin Power. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Algonquin Power technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.