Northland Power Stock Performance
| NPI Stock | CAD 19.70 0.16 0.81% |
The company secures a Beta (Market Risk) of -0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Northland Power are expected to decrease at a much lower rate. During the bear market, Northland Power is likely to outperform the market. At this point, Northland Power has a negative expected return of -0.13%. Please make sure to verify Northland Power's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Northland Power 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 Northland Power has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's forward indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Forward Dividend Yield 0.0609 | Payout Ratio 5 | Forward Dividend Rate 1.2 | Dividend Date 2024-12-16 | Ex Dividend Date 2024-11-29 |
1 | Northland Power Inc. Plans 0.10 Monthly Dividend - MarketBeat | 09/25/2024 |
| Northland Power dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Why Northland Power Is a Top Energy Stock Thats Not Getting the Love it Deserves - MSN | 11/21/2024 |
| Begin Period Cash Flow | 1.3 B |
Northland |
Northland Power Relative Risk vs. Return Landscape
If you would invest 2,162 in Northland Power on August 27, 2024 and sell it today you would lose (192.00) from holding Northland Power or give up 8.88% of portfolio value over 90 days. Northland Power is producing return of less than zero assuming 1.7505% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than Northland Power, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Northland Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northland Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northland Power, and traders can use it to determine the average amount a Northland 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 = -0.0755
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northland 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 Northland Power by adding Northland Power to a well-diversified portfolio.
Northland Power Fundamentals Growth
Northland Stock prices reflect investors' perceptions of the future prospects and financial health of Northland Power, and Northland 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 Northland Stock performance.
| Return On Equity | -0.0102 | ||||
| Return On Asset | 0.0374 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 12.09 B | ||||
| Shares Outstanding | 258.95 M | ||||
| Price To Earning | 22.66 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 2.12 X | ||||
| Revenue | 2.23 B | ||||
| Gross Profit | 1.83 B | ||||
| EBITDA | 1.37 B | ||||
| Net Income | (96.13 M) | ||||
| Cash And Equivalents | 1.3 B | ||||
| Cash Per Share | 2.03 X | ||||
| Total Debt | 7.2 B | ||||
| Debt To Equity | 4.12 % | ||||
| Current Ratio | 0.82 X | ||||
| Book Value Per Share | 15.36 X | ||||
| Cash Flow From Operations | 785.21 M | ||||
| Earnings Per Share | (0.60) X | ||||
| Market Capitalization | 5.1 B | ||||
| Total Asset | 13.63 B | ||||
| Retained Earnings | (1.16 B) | ||||
| Working Capital | 170.68 M | ||||
| Current Asset | 593.29 M | ||||
| Current Liabilities | 416.34 M | ||||
About Northland Power Performance
By examining Northland Power's fundamental ratios, stakeholders can obtain critical insights into Northland Power's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Northland Power is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 53.19 | 55.84 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.06 | 0.05 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.04) | (0.04) |
Things to note about Northland Power performance evaluation
Checking the ongoing alerts about Northland Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northland Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northland Power generated a negative expected return over the last 90 days | |
| Northland Power has accumulated 7.2 B in total debt with debt to equity ratio (D/E) of 4.12, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northland Power has a current ratio of 0.8, 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 Northland Power until it has trouble settling it off, either with new capital or with free cash flow. So, Northland Power'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 Northland Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northland to invest in growth at high rates of return. When we think about Northland Power's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.23 B. Net Loss for the year was (96.13 M) with profit before overhead, payroll, taxes, and interest of 1.83 B. | |
| On 30th of September 2024 Northland Power paid C$ 0.1 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Why Northland Power Is a Top Energy Stock Thats Not Getting the Love it Deserves - MSN |
- Analyzing Northland 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 Northland Power's stock is overvalued or undervalued compared to its peers.
- Examining Northland 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 Northland Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northland Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northland Power's stock. These opinions can provide insight into Northland Power's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Northland Stock
Northland Power financial ratios help investors to determine whether Northland Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northland with respect to the benefits of owning Northland Power security.