The Connecticut Light Stock Performance
| CNLTP Stock | USD 37.00 0.45 1.20% |
Connecticut Light has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Connecticut Light are expected to decrease at a much lower rate. During the bear market, Connecticut Light is likely to outperform the market. Connecticut Light right now shows a risk of 1.03%. Please confirm Connecticut Light maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Connecticut Light will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in The Connecticut Light are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Connecticut Light is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Begin Period Cash Flow | 434 K | |
| Total Cashflows From Investing Activities | -789.8 M |
Connecticut |
Connecticut Light Relative Risk vs. Return Landscape
If you would invest 3,660 in The Connecticut Light on August 31, 2024 and sell it today you would earn a total of 40.00 from holding The Connecticut Light or generate 1.09% return on investment over 90 days. The Connecticut Light is currently producing 0.0225% returns and takes up 1.0335% volatility of returns over 90 trading days. Put another way, 9% of traded pink sheets are less volatile than Connecticut, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Connecticut Light Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Connecticut Light's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as The Connecticut Light, and traders can use it to determine the average amount a Connecticut Light'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 = 0.0218
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Estimated Market Risk
| 1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Connecticut Light is performing at about 1% of its full potential. 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 Connecticut Light by adding it to a well-diversified portfolio.
Connecticut Light Fundamentals Growth
Connecticut Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Connecticut Light, and Connecticut Light 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 Connecticut Pink Sheet performance.
| Return On Equity | 0.0977 | |||
| Return On Asset | 0.0369 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 4.55 B | |||
| Shares Outstanding | 6.04 M | |||
| Price To Earning | 0.71 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 9.86 B | |||
| EBITDA | 2.64 B | |||
| Cash And Equivalents | 9.2 M | |||
| Cash Per Share | 1.52 X | |||
| Total Debt | 4.28 B | |||
| Debt To Equity | 0.74 % | |||
| Book Value Per Share | 944.13 X | |||
| Cash Flow From Operations | 973.75 M | |||
| Earnings Per Share | 74.69 X | |||
| Total Asset | 48.49 K | |||
About Connecticut Light Performance
Assessing Connecticut Light's fundamental ratios provides investors with valuable insights into Connecticut Light's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Connecticut Light 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.
The Connecticut Light and Power Company, a regulated electric utility, engages in the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The Connecticut Light and Power Company is a subsidiary of Eversource Energy. Conn Lt is traded on OTC Exchange in the United States.Things to note about Connecticut Light performance evaluation
Checking the ongoing alerts about Connecticut Light for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Connecticut Light help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The Connecticut Light has accumulated 4.28 B in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Connecticut Light has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Connecticut Light until it has trouble settling it off, either with new capital or with free cash flow. So, Connecticut Light's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Connecticut Light sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Connecticut to invest in growth at high rates of return. When we think about Connecticut Light's use of debt, we should always consider it together with cash and equity. |
- Analyzing Connecticut Light'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 Connecticut Light's stock is overvalued or undervalued compared to its peers.
- Examining Connecticut Light'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 Connecticut Light's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Connecticut Light's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Connecticut Light's pink sheet. These opinions can provide insight into Connecticut Light's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Connecticut Pink Sheet Analysis
When running Connecticut Light's price analysis, check to measure Connecticut Light'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 Connecticut Light is operating at the current time. Most of Connecticut Light's value examination focuses on studying past and present price action to predict the probability of Connecticut Light's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connecticut Light's price. Additionally, you may evaluate how the addition of Connecticut Light to your portfolios can decrease your overall portfolio volatility.