Algonquin Power Utilities Stock Price on July 15, 2024
| AQN Stock | CAD 6.44 0.15 2.28% |
Below is the normalized historical share price chart for Algonquin Power Utilities extending back to December 23, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Algonquin Power stands at 6.44, as last reported on the 12th of December 2024, with the highest price reaching 6.60 and the lowest price hitting 6.42 during the day.
If you're considering investing in Algonquin Stock, it is important to understand the factors that can impact its price. Algonquin Power Utilities secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of standard deviation over the last 3 months. Algonquin Power Utilities exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Algonquin Power's risk adjusted performance of (0.07), and Mean Deviation of 1.17 to double-check the risk estimate we provide.
At this time, Algonquin Power's Total Stockholder Equity is very stable compared to the past year. As of the 12th of December 2024, Common Stock Total Equity is likely to grow to about 6 B, while Other Stockholder Equity is likely to drop about 6.9 M. . At this time, Algonquin Power's Price Earnings Ratio is very stable compared to the past year. As of the 12th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 17.30, while Price To Sales Ratio is likely to drop 2.16. Algonquin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.8054 | 50 Day MA 6.8414 | Beta 0.523 |
Algonquin |
Sharpe Ratio = -0.1417
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Algonquin Power is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Algonquin Power by adding Algonquin Power to a well-diversified portfolio.
Price Book 0.7656 | Enterprise Value Ebitda 9.3399 | Price Sales 1.8899 | Shares Float 704.3 M | Dividend Share 0.391 |
Algonquin Power Main Headline on 15th of July 2024
Algonquin Power Utilities dividend paid on 15th of July 2024 |
Algonquin Power Valuation on July 15, 2024
It is possible to determine the worth of Algonquin Power on a given historical date. On July 15, 2024 Algonquin was worth 8.46 at the beginning of the trading date compared to the closed value of 8.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Algonquin Power stock. Still, in general, we apply an absolute valuation method to find Algonquin Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Algonquin Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Algonquin Power's related companies.
| Open | High | Low | Close | Volume | |
| 8.43 | 8.51 | 8.39 | 8.47 | 3,843,723 | |
07/15/2024 | 8.46 | 8.46 | 8.28 | 8.40 | 4,331,720 |
| 8.41 | 8.48 | 8.34 | 8.45 | 2,095,401 |
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Algonquin Power Trading Date Momentum on July 15, 2024
| On July 16 2024 Algonquin Power Utilities was traded for 8.45 at the closing time. The maximum traded price for the trading interval was 8.48 and the lowest daily price was 8.34 . The daily volume was recorded at 2.1 M. The volume of trading on 16th of July 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the closing price today is 1.19% . |
Algonquin Power Utilities Fundamentals Correlations and Trends
By evaluating Algonquin Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Algonquin Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Algonquin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Algonquin Power Stock history
Algonquin Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Algonquin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Algonquin Power Utilities will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Algonquin Power stock prices may prove useful in developing a viable investing in Algonquin Power
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 690.8 M | 725.3 M | |
| Net Loss | -253.8 M | -241.1 M |
Algonquin Power Stock Technical Analysis
Algonquin Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Algonquin Power Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Algonquin Power Utilities cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Algonquin Power December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Algonquin Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Algonquin Power shares will generate the highest return on investment. By undertsting and applying Algonquin Power stock market strength indicators, traders can identify Algonquin Power Utilities entry and exit signals to maximize returns
Algonquin Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Algonquin Power's price direction in advance. Along with the technical and fundamental analysis of Algonquin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Algonquin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.63) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.