Algonquin Power Utilities Performance
| AQNUDelisted Stock | USD 19.34 0.66 3.53% |
The firm shows a Beta (market volatility) of -0.39, which signifies possible diversification benefits within a given portfolio. 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 0.0%. Please confirm Algonquin Power Utilities maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Algonquin Power Utilities will be following its price patterns.
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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. In spite of comparatively stable basic indicators, Algonquin Power is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 57.6 M |
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Algonquin Power Relative Risk vs. Return Landscape
If you would invest 1,934 in Algonquin Power Utilities on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Algonquin Power Utilities or generate 0.0% return on investment over 90 days. Algonquin Power Utilities is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Algonquin, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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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 = 0.0
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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 | -0.0584 | |||
| Return On Asset | 0.0165 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 24.17 B | |||
| Price To Earning | 29.01 X | |||
| Revenue | 2.69 B | |||
| EBITDA | 954.76 M | |||
| Cash And Equivalents | 85 M | |||
| Cash Per Share | 0.12 X | |||
| Total Debt | 8.54 B | |||
| Debt To Equity | 1.03 % | |||
| Book Value Per Share | 6.79 X | |||
| Cash Flow From Operations | 628.03 M | |||
| Earnings Per Share | 0.52 X | |||
| Total Asset | 18.37 B | |||
| Retained Earnings | (1.28 B) | |||
About Algonquin Power Performance
Assessing Algonquin Power's fundamental ratios provides investors with valuable insights into Algonquin Power's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Algonquin Power is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 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 is not yet fully synchronised with the market data | |
| Algonquin Power has a very high chance of going through financial distress in the upcoming years | |
| Algonquin Power Utilities currently holds 8.54 B in liabilities with Debt to Equity (D/E) ratio of 1.03, which is about average as compared to similar companies. Algonquin Power Utilities has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Algonquin Power's use of debt, we should always consider it together with its cash and equity. | |
| About 68.0% of Algonquin Power shares are held by institutions such as insurance companies |
- 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.
Check out Trending Equities 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 board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Algonquin Stock
If you are still planning to invest in Algonquin Power Utilities 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 Algonquin Power's history and understand the potential risks before investing.
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