Emera Pref A Preferred Stock Price on October 16, 2024
| EMA-PA Preferred Stock | CAD 16.25 0.10 0.62% |
If you're considering investing in Emera Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Emera Pref stands at 16.25, as last reported on the 23rd of December, with the highest price reaching 16.25 and the lowest price hitting 16.25 during the day. At this point, Emera Pref is very steady. Emera Pref A secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Emera Pref A, which you can use to evaluate the volatility of the firm. Please confirm Emera Pref's Mean Deviation of 0.4589, coefficient of variation of 576.87, and Downside Deviation of 0.9325 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Emera Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Emera |
Sharpe Ratio = 0.164
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Estimated Market Risk
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Emera Pref is performing at about 12% of its full potential. 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 Emera Pref by adding it to a well-diversified portfolio.
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Emera Pref Valuation on October 16, 2024
It is possible to determine the worth of Emera Pref on a given historical date. On October 16, 2024 Emera was worth 15.3 at the beginning of the trading date compared to the closed value of 15.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emera Pref preferred stock. Still, in general, we apply an absolute valuation method to find Emera Pref'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 Emera Pref where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emera Pref's related companies.
| Open | High | Low | Close | Volume | |
| 15.15 | 15.15 | 15.15 | 15.15 | 2,744 | |
10/16/2024 | 15.30 | 15.30 | 15.30 | 15.30 | 132.00 |
| 15.40 | 15.40 | 15.20 | 15.20 | 708.00 |
| Backtest Emera Pref | | | Emera Pref History | | | Emera Pref Valuation | Previous | Next |
Emera Pref Trading Date Momentum on October 16, 2024
| On October 17 2024 Emera Pref A was traded for 15.20 at the closing time. The highest price during the trading period was 15.40 and the lowest recorded bid was listed for 15.20 . The volume for the day was 708. This history from October 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.65% . The overall trading delta to the current price is 0.92% . |
Emera Pref A Fundamentals Correlations and Trends
By evaluating Emera Pref'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 Emera Pref's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emera Pref Preferred Stock history
Emera Pref 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 Emera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emera Pref A 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 Emera Pref stock prices may prove useful in developing a viable investing in Emera Pref
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. Emera Incorporated was founded in 1919 and is headquartered in Halifax, Canada. EMERA INC operates under Utilities - Diversified classification in Canada and is traded on Toronto Stock Exchange. It employs 7523 people.
Emera Pref Preferred Stock Technical Analysis
Emera Pref technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Emera Pref Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Emera Pref A 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.
Emera Pref December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Emera Pref preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Emera Pref shares will generate the highest return on investment. By undertsting and applying Emera Pref preferred stock market strength indicators, traders can identify Emera Pref A entry and exit signals to maximize returns
Emera Pref Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emera Pref's price direction in advance. Along with the technical and fundamental analysis of Emera Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emera 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 | 0.1358 | |||
| Jensen Alpha | 0.1097 | |||
| Total Risk Alpha | 0.0894 | |||
| Sortino Ratio | 0.0927 | |||
| Treynor Ratio | (2.17) |
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Complementary Tools for Emera Preferred Stock analysis
When running Emera Pref's price analysis, check to measure Emera Pref'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 Emera Pref is operating at the current time. Most of Emera Pref's value examination focuses on studying past and present price action to predict the probability of Emera Pref's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emera Pref's price. Additionally, you may evaluate how the addition of Emera Pref to your portfolios can decrease your overall portfolio volatility.
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