Innergex Renewable Energy Stock Analysis

Innergex Pink Sheet Analysis Notes

About 24.0% of the company shares are held by company insiders. The book value of Innergex Renewable was currently reported as 6.21. The company has Price/Earnings (P/E) ratio of 154.32. Innergex Renewable Energy recorded a loss per share of 0.07. The entity last dividend was issued on the 29th of December 2022. Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. Innergex Renewable operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 488 people.The quote for Innergex Renewable Energy is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Innergex Renewable Energy call the company at 450-928-2550 or check out https://www.innergex.com.

Innergex Renewable Energy Investment Alerts

Innergex Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Innergex Renewable's market, we take the total number of its shares issued and multiply it by Innergex Renewable'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.

Innergex Profitablity

The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.32.

Technical Drivers

As of the 23rd of January, Innergex Renewable retains the Market Risk Adjusted Performance of (0.81), standard deviation of 2.73, and Risk Adjusted Performance of (0.14). Innergex Renewable technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Innergex Renewable Energy variance and potential upside to decide if Innergex Renewable is priced fairly, providing market reflects its last-minute price of 5.19 per share. Given that Innergex Renewable Energy has information ratio of (0.19), we strongly advise you to confirm Innergex Renewable Energy's regular market performance to make sure the company can sustain itself at a future point.

Innergex Renewable Energy Price Movement Analysis

Innergex Renewable Outstanding Bonds

Innergex Renewable Predictive Daily Indicators

Innergex Renewable Forecast Models

Innergex Renewable's time-series forecasting models are one of many Innergex Renewable's pink sheet 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 Innergex Renewable's 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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Innergex Renewable 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 Innergex shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Innergex Renewable. By using and applying Innergex Pink Sheet analysis, traders can create a robust methodology for identifying Innergex entry and exit points for their positions.

When running Innergex Renewable's price analysis, check to measure Innergex Renewable'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 Innergex Renewable is operating at the current time. Most of Innergex Renewable's value examination focuses on studying past and present price action to predict the probability of Innergex Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innergex Renewable's price. Additionally, you may evaluate how the addition of Innergex Renewable to your portfolios can decrease your overall portfolio volatility.