Northland Power (Germany) Performance
| 1NR Stock | EUR 12.04 0.11 0.92% |
The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Northland Power are expected to decrease at a much lower rate. During the bear market, Northland Power is likely to outperform the market. At this point, Northland Power has a negative expected return of -0.4%. Please make sure to verify Northland Power's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Northland Power performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Northland Power has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 673.7 M |
Northland |
Northland Power Relative Risk vs. Return Landscape
If you would invest 1,573 in Northland Power on October 1, 2024 and sell it today you would lose (369.00) from holding Northland Power or give up 23.46% of portfolio value over 90 days. Northland Power is currently producing negative expected returns and takes up 2.3275% volatility of returns over 90 trading days. Put another way, 20% of traded stocks are less volatile than Northland, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northland Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northland Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Northland Power, and traders can use it to determine the average amount a Northland Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1733
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| Negative Returns | 1NR |
Estimated Market Risk
| 2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Northland 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 Northland Power by adding Northland Power to a well-diversified portfolio.
Northland Power Fundamentals Growth
Northland Stock prices reflect investors' perceptions of the future prospects and financial health of Northland Power, and Northland Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Northland Stock performance.
| Return On Equity | 0.25 | |||
| Return On Asset | 0.048 | |||
| Profit Margin | 0.34 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 10.73 B | |||
| Shares Outstanding | 250.73 M | |||
| Price To Earning | 14.93 X | |||
| Price To Book | 2.45 X | |||
| Price To Sales | 2.73 X | |||
| Revenue | 2.45 B | |||
| EBITDA | 2.19 B | |||
| Cash And Equivalents | 333.21 M | |||
| Cash Per Share | 1.89 X | |||
| Total Debt | 6.24 B | |||
| Debt To Equity | 523.20 % | |||
| Book Value Per Share | 16.98 X | |||
| Cash Flow From Operations | 1.83 B | |||
| Earnings Per Share | 1.98 X | |||
| Total Asset | 14.22 B | |||
About Northland Power Performance
By analyzing Northland Power's fundamental ratios, stakeholders can gain valuable insights into Northland Power's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northland Power has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Northland Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Northland Power Inc. develops, builds, owns, and operates clean and green power projects primarily in Canada and Europe. The company was founded in 1987 and is headquartered in Toronto, Canada. NORTHLAND POWER operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 363 people.Things to note about Northland Power performance evaluation
Checking the ongoing alerts about Northland Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Northland Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northland Power generated a negative expected return over the last 90 days | |
| Northland Power has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Northland Power has accumulated 6.24 B in total debt with debt to equity ratio (D/E) of 523.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northland Power has a current ratio of 0.88, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northland Power until it has trouble settling it off, either with new capital or with free cash flow. So, Northland Power's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northland Power sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northland to invest in growth at high rates of return. When we think about Northland Power's use of debt, we should always consider it together with cash and equity. |
- Analyzing Northland Power's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Northland Power's stock is overvalued or undervalued compared to its peers.
- Examining Northland Power's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Northland Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northland Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northland Power's stock. These opinions can provide insight into Northland Power's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Northland Stock analysis
When running Northland Power's price analysis, check to measure Northland 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 Northland Power is operating at the current time. Most of Northland Power's value examination focuses on studying past and present price action to predict the probability of Northland 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 Northland Power's price. Additionally, you may evaluate how the addition of Northland Power to your portfolios can decrease your overall portfolio volatility.
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