Algonquin Power Financials
| AQNB Stock | USD 25.19 0.02 0.08% |
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.
Please note, the presentation of Algonquin Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Algonquin Power's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Algonquin Power's management manipulating its earnings.
Specialization | Utilities, Utilities |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US0158578080 |
| CUSIP | 015857808 |
| Sector | Electric Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
Algonquin Power Key Financial Ratios
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 the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.36 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Algonquin Power Utilities is roughly 2.76 . 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 with a total number of output elements of fourty-one. 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.
About Algonquin Power Financials
What exactly are Algonquin Power Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Algonquin Power's income statement, its balance sheet, and the statement of cash flows. Potential Algonquin Power investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Algonquin Power investors may use each financial statement separately, they are all related. The changes in Algonquin Power's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Algonquin Power's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Algonquin Power January 10, 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 | 0.3464 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 1.86 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.4773 |
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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