NEP Financial Statements From 2010 to 2025
| NEPDelisted Stock | USD 10.54 0.14 1.35% |
Check NEP Old financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NEP Old's main balance sheet or income statement drivers, such as , as well as many indicators such as . NEP financial statements analysis is a perfect complement when working with NEP Old Valuation or Volatility modules.
NEP |
NEP Old Company Return On Equity Analysis
NEP Old's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current NEP Old Return On Equity | -0.0141 |
Most of NEP Old's fundamental indicators, such as Return On Equity, 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, NEP Old is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, NEP Old has a Return On Equity of -0.0141. This is 100.24% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly lower than that of the Utilities industry. The return on equity for all United States stocks is 95.45% lower than that of the firm.
NEP Old Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEP Old's current stock value. Our valuation model uses many indicators to compare NEP Old value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEP Old competition to find correlations between indicators driving NEP Old's intrinsic value. More Info.NEP Old is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value NEP Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About NEP Old Financial Statements
NEP Old 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 NEP Old investors may analyze each financial statement separately, they are all interrelated. The changes in NEP Old's assets and liabilities, for example, are also reflected in the revenues and expenses on on NEP Old's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida. Nextera Energy is traded on New York Stock Exchange in the United States.
Pair Trading with NEP Old
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 NEP Old 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 NEP Old will appreciate offsetting losses from the drop in the long position's value.Moving against NEP Stock
| 0.59 | CNL | Collective Mining Trending | PairCorr |
| 0.49 | ELRE | Yinfu Gold | PairCorr |
| 0.44 | CMSQF | Computershare Limited | PairCorr |
| 0.41 | BSET | Bassett Furniture | PairCorr |
| 0.39 | BACQU | Bleichroeder Acquisition | PairCorr |
The ability to find closely correlated positions to NEP Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NEP Old 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 NEP Old - 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 NEP Old to buy it.
The correlation of NEP Old 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 NEP Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NEP Old 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 NEP Old 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.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in NEP Stock
If you are still planning to invest in NEP Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NEP Old's history and understand the potential risks before investing.
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