Altagas Ltd Pref Preferred Stock Analysis
| ALA-PG Preferred Stock | CAD 22.99 0.01 0.04% |
Altagas Ltd Pref is fairly valued with Real Value of 22.86 and Hype Value of 22.99. The main objective of Altagas preferred stock analysis is to determine its intrinsic value, which is an estimate of what Altagas Ltd Pref is worth, separate from its market price. There are two main types of Altagas' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Altagas' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Altagas' stock to identify patterns and trends that may indicate its future price movements.
The Altagas preferred stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Altagas' ongoing operational relationships across important fundamental and technical indicators.
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Altagas Preferred Stock Analysis Notes
About 29.0% of the company shares are held by institutions such as insurance companies. The company last dividend was issued on the 16th of September 2024. AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS LTD operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 2881 people. For more info on Altagas Ltd Pref please contact Randall Crawford at 403-691-7575 or go to https://www.altagas.ca.Altagas Pref Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more preferred stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Altagas' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Altagas Ltd Pref or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Altagas Pref generated a negative expected return over the last 90 days | |
| Altagas Pref has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Altagas Ltd Pref has accumulated 1.13 B in total debt with debt to equity ratio (D/E) of 108.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Altagas Pref has a current ratio of 0.68, 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 Altagas until it has trouble settling it off, either with new capital or with free cash flow. So, Altagas' 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 Altagas Pref sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Altagas to invest in growth at high rates of return. When we think about Altagas' use of debt, we should always consider it together with cash and equity. |
Altagas Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altagas's market, we take the total number of its shares issued and multiply it by Altagas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Altagas Profitablity
Altagas' profitability indicators refer to fundamental financial ratios that showcase Altagas' ability to generate income relative to its revenue or operating costs. If, let's say, Altagas is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Altagas' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Altagas' profitability requires more research than a typical breakdown of Altagas' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03. Technical Drivers
As of the 26th of November, Altagas shows the Risk Adjusted Performance of (0.09), standard deviation of 0.697, and Mean Deviation of 0.4992. Altagas Pref technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Altagas Pref Price Movement Analysis
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Altagas Outstanding Bonds
Altagas issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Altagas Pref uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Altagas bonds can be classified according to their maturity, which is the date when Altagas Ltd Pref has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Altagas Predictive Daily Indicators
Altagas intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altagas preferred stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 5.22 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.97 | |||
| Day Typical Price | 22.98 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | (0.01) |
Altagas Forecast Models
Altagas' time-series forecasting models are one of many Altagas' preferred stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altagas' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Altagas Preferred Stock Analysis
Preferred Stock analysis is the technique used by a trader or investor to examine and evaluate how Altagas prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altagas shares will generate the highest return on investment. We also built our preferred stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Preferred Stock such as Altagas. By using and applying Altagas Preferred Stock analysis, traders can create a robust methodology for identifying Altagas entry and exit points for their positions.
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS LTD operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 2881 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our preferred stock analysis tools, you can find out how much better you can do when adding Altagas to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Altagas Preferred Stock analysis
When running Altagas' price analysis, check to measure Altagas' 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 Altagas is operating at the current time. Most of Altagas' value examination focuses on studying past and present price action to predict the probability of Altagas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altagas' price. Additionally, you may evaluate how the addition of Altagas to your portfolios can decrease your overall portfolio volatility.
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