Emera Pref A Preferred Stock Performance
| EMA-PA Preferred Stock | CAD 16.25 0.10 0.62% |
Emera Pref has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0501, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Emera Pref are expected to decrease at a much lower rate. During the bear market, Emera Pref is likely to outperform the market. Emera Pref A right now shows a risk of 0.68%. Please confirm Emera Pref A downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Emera Pref A will be following its price patterns.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Emera Pref A are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Emera Pref may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 254 M | |
| Total Cashflows From Investing Activities | -2.3 B |
Emera |
Emera Pref Relative Risk vs. Return Landscape
If you would invest 1,515 in Emera Pref A on September 24, 2024 and sell it today you would earn a total of 110.00 from holding Emera Pref A or generate 7.26% return on investment over 90 days. Emera Pref A is generating 0.1119% of daily returns and assumes 0.6821% volatility on return distribution over the 90 days horizon. Simply put, 6% of preferred stocks are less volatile than Emera, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Emera Pref Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Emera Pref's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Emera Pref A, and traders can use it to determine the average amount a Emera Pref'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 = 0.164
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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.
Emera Pref Fundamentals Growth
Emera Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Emera Pref, and Emera Pref 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 Emera Preferred Stock performance.
| Return On Equity | 0.0811 | ||||
| Return On Asset | 0.0246 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 20.98 B | ||||
| Shares Outstanding | 233 M | ||||
| Price To Earning | 4.06 X | ||||
| Price To Sales | 1.74 X | ||||
| Revenue | 5.76 B | ||||
| EBITDA | 2.08 B | ||||
| Cash And Equivalents | 979 M | ||||
| Cash Per Share | 4.13 X | ||||
| Total Debt | 14.2 B | ||||
| Debt To Equity | 187.60 % | ||||
| Book Value Per Share | 36.17 X | ||||
| Cash Flow From Operations | 1.19 B | ||||
| Earnings Per Share | 2.30 X | ||||
| Total Asset | 34.24 B | ||||
About Emera Pref Performance
By analyzing Emera Pref's fundamental ratios, stakeholders can gain valuable insights into Emera Pref's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Emera Pref 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 Emera Pref has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Emera Pref A performance evaluation
Checking the ongoing alerts about Emera Pref for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Emera Pref A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Emera Pref A has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Emera Pref A has accumulated 14.2 B in total debt with debt to equity ratio (D/E) of 187.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Emera Pref A has a current ratio of 0.68, 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 Emera Pref until it has trouble settling it off, either with new capital or with free cash flow. So, Emera Pref'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 Emera Pref A sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Emera to invest in growth at high rates of return. When we think about Emera Pref's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Wilmington Savings Fund Society FSB Buys New Shares in Lincoln National Co. - MarketBeat |
- Analyzing Emera Pref'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 Emera Pref's stock is overvalued or undervalued compared to its peers.
- Examining Emera Pref'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 Emera Pref's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Emera Pref's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Emera Pref's preferred stock. These opinions can provide insight into Emera Pref's potential for growth and whether the stock is currently undervalued or overvalued.
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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