Algonquin Power (Germany) Performance
| 751 Stock | EUR 4.47 0.03 0.67% |
The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Algonquin Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Algonquin Power is expected to be smaller as well. At this point, Algonquin Power Utilities has a negative expected return of -0.073%. Please make sure to confirm Algonquin Power's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Algonquin Power Utilities performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Algonquin Power Utilities has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Algonquin Power is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 130 M | |
| Total Cashflows From Investing Activities | -1.8 B | |
| Free Cash Flow | -1.2 B |
Algonquin |
Algonquin Power Relative Risk vs. Return Landscape
If you would invest 472.00 in Algonquin Power Utilities on August 24, 2024 and sell it today you would lose (25.00) from holding Algonquin Power Utilities or give up 5.3% of portfolio value over 90 days. Algonquin Power Utilities is currently producing negative expected returns and takes up 1.4697% volatility of returns over 90 trading days. Put another way, 13% of traded stocks are less volatile than Algonquin, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Algonquin Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Algonquin Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Algonquin Power Utilities, and traders can use it to determine the average amount a Algonquin Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0497
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 751 |
Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Algonquin Power is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Algonquin Power by adding Algonquin Power to a well-diversified portfolio.
Algonquin Power Fundamentals Growth
Algonquin Stock prices reflect investors' perceptions of the future prospects and financial health of Algonquin Power, and Algonquin Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Algonquin Stock performance.
| Return On Equity | -0.0105 | |||
| Return On Asset | 0.0168 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 11.96 B | |||
| Shares Outstanding | 683.44 M | |||
| Price To Earning | 26.34 X | |||
| Price To Book | 0.93 X | |||
| Price To Sales | 1.80 X | |||
| Revenue | 2.29 B | |||
| EBITDA | 754.75 M | |||
| Cash And Equivalents | 85.32 M | |||
| Cash Per Share | 0.17 X | |||
| Total Debt | 5.85 B | |||
| Debt To Equity | 91.60 % | |||
| Book Value Per Share | 7.58 X | |||
| Cash Flow From Operations | 157.47 M | |||
| Earnings Per Share | 0.07 X | |||
| Total Asset | 16.79 B | |||
About Algonquin Power Performance
By analyzing Algonquin Power's fundamental ratios, stakeholders can gain valuable insights into Algonquin Power's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Algonquin Power has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Algonquin Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United States. The company was incorporated in 1988 and is headquartered in Oakville, Canada. ALGONQUIN POWER operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2277 people.Things to note about Algonquin Power Utilities performance evaluation
Checking the ongoing alerts about Algonquin Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Algonquin Power Utilities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Algonquin Power generated a negative expected return over the last 90 days | |
| Algonquin Power has high likelihood to experience some financial distress in the next 2 years | |
| Algonquin Power has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
- Analyzing Algonquin Power's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Algonquin Power's stock is overvalued or undervalued compared to its peers.
- Examining Algonquin Power's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Algonquin Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Algonquin Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Algonquin Power's stock. These opinions can provide insight into Algonquin Power's potential for growth and whether the stock is currently undervalued or overvalued.
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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