Altagas Cum Net Income vs. Shares Owned By Institutions
| ALA-PA Preferred Stock | CAD 19.65 0.03 0.15% |
For Altagas Cum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altagas Cum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altagas Cum Red utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altagas Cum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altagas Cum Red over time as well as its relative position and ranking within its peers.
Altagas |
Altagas Cum Red Shares Owned By Institutions vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altagas Cum's current stock value. Our valuation model uses many indicators to compare Altagas Cum value to that of its competitors to determine the firm's financial worth. Altagas Cum Red is number one stock in net income category among its peers. It also is number one stock in shares owned by institutions category among its peers . The ratio of Net Income to Shares Owned By Institutions for Altagas Cum Red is about 5,352,448 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altagas Cum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altagas Cum's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Altagas Shares Owned By Institutions vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Altagas Cum |
| = | 283 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Altagas Cum |
| = | 52.87 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Altagas Shares Owned By Institutions Comparison
Altagas Cum is currently under evaluation in shares owned by institutions category among its peers.
Altagas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altagas Cum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Altagas Cum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Altagas Cum's important profitability drivers and their relationship over time.
Use Altagas Cum in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altagas Cum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altagas Cum will appreciate offsetting losses from the drop in the long position's value.Altagas Cum Pair Trading
Altagas Cum Red Pair Trading Analysis
The ability to find closely correlated positions to Altagas Cum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altagas Cum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altagas Cum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altagas Cum Red to buy it.
The correlation of Altagas Cum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altagas Cum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altagas Cum Red moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altagas Cum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Altagas Cum position
In addition to having Altagas Cum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run ISP Thematic Idea Now
ISP
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ISP Theme or any other thematic opportunities.
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Other Information on Investing in Altagas Preferred Stock
To fully project Altagas Cum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altagas Cum Red at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Altagas Cum's income statement, its balance sheet, and the statement of cash flows.