ATCO Financial Statements From 2010 to 2025
| ACO-Y Stock | CAD 50.00 0.50 1.01% |
Check ATCO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ATCO's main balance sheet or income statement drivers, such as , as well as many indicators such as . ATCO financial statements analysis is a perfect complement when working with ATCO Valuation or Volatility modules.
ATCO |
ATCO Company Current Valuation Analysis
ATCO's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ATCO Current Valuation | 16.51 B |
Most of ATCO's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ATCO is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ATCO has a Current Valuation of 16.51 B. This is 56.7% higher than that of the Electric Utilities sector and 43.1% lower than that of the Utilities industry. This indicator is about the same for all Canada stocks average (which is currently at 1.662428051698E10).
ATCO Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ATCO's current stock value. Our valuation model uses many indicators to compare ATCO value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ATCO competition to find correlations between indicators driving ATCO's intrinsic value. More Info.ATCO is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ATCO is roughly 2.89 . 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 ATCO's earnings, one of the primary drivers of an investment's value.About ATCO Financial Statements
ATCO shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although ATCO investors may analyze each financial statement separately, they are all interrelated. The changes in ATCO's assets and liabilities, for example, are also reflected in the revenues and expenses on on ATCO's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
ATCO Ltd., together with its subsidiaries, engages in the electricity, pipeline and liquid, and retail energy businesses in Canada, Australia, and internationally. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO LTD operates under Utilities - Diversified classification in Canada and is traded on Toronto Stock Exchange. It employs 6241 people.
Pair Trading with ATCO
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 ATCO 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 ATCO will appreciate offsetting losses from the drop in the long position's value.Moving against ATCO Stock
The ability to find closely correlated positions to ATCO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ATCO 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 ATCO - 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 ATCO to buy it.
The correlation of ATCO 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 ATCO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ATCO 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 ATCO 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.Additional Tools for ATCO Stock Analysis
When running ATCO's price analysis, check to measure ATCO'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 ATCO is operating at the current time. Most of ATCO's value examination focuses on studying past and present price action to predict the probability of ATCO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATCO's price. Additionally, you may evaluate how the addition of ATCO to your portfolios can decrease your overall portfolio volatility.