Algonquin Power Financials
| 751 Stock | EUR 4.58 0.01 0.22% |
Algonquin |
Understanding current and past Algonquin Power Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Algonquin Power's financial statements are interrelated, with each one affecting the others. For example, an increase in Algonquin Power's assets may result in an increase in income on the income statement.
Algonquin Power Stock Summary
Algonquin Power competes with Easy Software, Uber Technologies, COMMERCIAL VEHICLE, BioNTech, and Playtech Plc. Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United States. The company was incorporated in 1988 and is headquartered in Oakville, Canada. ALGONQUIN POWER operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2277 people.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA0158571053 |
| Business Address | 354 Davis Road, |
| Sector | Utilities |
| Industry | Utilities - Independent Power Producers |
| Benchmark | Dow Jones Industrial |
| Website | algonquinpower.com |
| Phone | 905 465 4500 |
| Currency | EUR - Euro |
You should never invest in Algonquin Power without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Algonquin Stock, because this is throwing your money away. Analyzing the key information contained in Algonquin Power's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Algonquin Power Key Financial Ratios
There are many critical financial ratios that Algonquin Power's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Algonquin Power Utilities reports annually and quarterly.| Return On Equity | -0.0105 | |||
| Return On Asset | 0.0168 | |||
| Beta | 0.31 | |||
| Last Dividend Paid | 0.7 |
Algonquin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Algonquin Power's current stock value. Our valuation model uses many indicators to compare Algonquin Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Algonquin Power competition to find correlations between indicators driving Algonquin Power's intrinsic value. More Info.Algonquin Power Utilities 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 . 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 Algonquin Power's earnings, one of the primary drivers of an investment's value.Algonquin Power Utilities Systematic Risk
Algonquin Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Algonquin Power volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Algonquin Power Utilities correlated with the market. If Beta is less than 0 Algonquin Power generally moves in the opposite direction as compared to the market. If Algonquin Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Algonquin Power Utilities is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Algonquin Power is generally in the same direction as the market. If Beta > 1 Algonquin Power moves generally in the same direction as, but more than the movement of the benchmark.
Algonquin Power Thematic Clasifications
Algonquin Power Utilities is part of Basic Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Electric, gas, water, and other energy utilities. Companies involved in production and distribution of electric, gas, water, and other energy utilities
This theme covers Electric, gas, water, and other energy utilities. Companies involved in production and distribution of electric, gas, water, and other energy utilities. Get More Thematic Ideas
| Basic Utilities | View |
Algonquin Power February 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Algonquin Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Algonquin Power Utilities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Algonquin Power Utilities based on widely used predictive technical indicators. In general, we focus on analyzing Algonquin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Algonquin Power's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0483 | |||
| Maximum Drawdown | 7.6 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.91 |
Complementary Tools for Algonquin Stock analysis
When running Algonquin Power's price analysis, check to measure Algonquin Power'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 Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.
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