Niagara Mohawk Revenue vs. Current Liabilities
| NMPWP Stock | USD 62.00 0.00 0.00% |
For Niagara Mohawk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Niagara Mohawk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Niagara Mohawk Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Niagara Mohawk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Niagara Mohawk Power over time as well as its relative position and ranking within its peers.
Niagara |
Niagara Mohawk Power Current Liabilities vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Niagara Mohawk's current stock value. Our valuation model uses many indicators to compare Niagara Mohawk value to that of its competitors to determine the firm's financial worth. Niagara Mohawk Power is rated top company in revenue category among its peers. It also is considered to be number one stock in current liabilities category among its peers creating about 0.29 of Current Liabilities per Revenue. The ratio of Revenue to Current Liabilities for Niagara Mohawk Power is roughly 3.41 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Niagara Mohawk's earnings, one of the primary drivers of an investment's value.Niagara Current Liabilities vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Niagara Mohawk |
| = | 4.13 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Niagara Mohawk |
| = | 1.21 B |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Niagara Current Liabilities Comparison
Niagara Mohawk is currently under evaluation in current liabilities category among its peers.
Niagara Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Niagara Mohawk. 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 Niagara Mohawk 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 Niagara Mohawk's important profitability drivers and their relationship over time.
Use Niagara Mohawk 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 Niagara Mohawk 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 Niagara Mohawk will appreciate offsetting losses from the drop in the long position's value.Niagara Mohawk Pair Trading
Niagara Mohawk Power Pair Trading Analysis
The ability to find closely correlated positions to Niagara Mohawk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Niagara Mohawk 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 Niagara Mohawk - 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 Niagara Mohawk Power to buy it.
The correlation of Niagara Mohawk 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 Niagara Mohawk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Niagara Mohawk Power 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 Niagara Mohawk 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 Niagara Mohawk position
In addition to having Niagara Mohawk 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 40 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 Insurance Providers Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Niagara Pink Sheet Analysis
When running Niagara Mohawk's price analysis, check to measure Niagara Mohawk'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 Niagara Mohawk is operating at the current time. Most of Niagara Mohawk's value examination focuses on studying past and present price action to predict the probability of Niagara Mohawk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niagara Mohawk's price. Additionally, you may evaluate how the addition of Niagara Mohawk to your portfolios can decrease your overall portfolio volatility.