Emera Maine Pfd Preferred Stock Market Capitalization
BANGNDelisted Preferred Stock | USD 98.25 0.00 0.00% |
Emera Maine PFD fundamentals help investors to digest information that contributes to Emera Maine's financial success or failures. It also enables traders to predict the movement of Emera Pink Sheet. The fundamental analysis module provides a way to measure Emera Maine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Emera Maine pink sheet.
Emera |
Emera Maine PFD Company Market Capitalization Analysis
Emera Maine's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Emera Maine Market Capitalization | 24.5 B |
Most of Emera Maine's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Emera Maine PFD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
CompetitionBased on the recorded statements, the market capitalization of Emera Maine PFD is about 24.5 B. This is 296.67% higher than that of the Utilities sector and significantly higher than that of the Other industry. The market capitalization for all United States preferred stocks is 28.75% lower than that of the firm.
Emera Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Emera Maine's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Emera Maine could also be used in its relative valuation, which is a method of valuing Emera Maine by comparing valuation metrics of similar companies.Emera Maine is currently under evaluation in market capitalization category among its peers.
Emera Fundamentals
Price To Earning | 38.16 X | |||
Revenue | 167.74 M | |||
EBITDA | 76.11 M | |||
Net Income | 12.46 M | |||
Total Debt | 118.06 M | |||
Current Ratio | 0.76 X | |||
Book Value Per Share | 36.73 X | |||
Cash Flow From Operations | 33.93 M | |||
Number Of Employees | 302 | |||
Beta | -0.27 | |||
Market Capitalization | 24.5 B | |||
Total Asset | 640.73 M | |||
Retained Earnings | 6.13 M | |||
Working Capital | (39.66 M) | |||
Current Asset | 33.13 M | |||
Current Liabilities | 72.8 M | |||
Annual Yield | 0.03 % | |||
Net Asset | 640.73 M | |||
Last Dividend Paid | 1.75 |
About Emera Maine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Emera Maine PFD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emera Maine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emera Maine PFD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Emera Maine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Emera Maine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Emera Maine will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Pink Sheet
0.84 | EC | Ecopetrol SA ADR | PairCorr |
0.7 | ELCPF | EDP Energias | PairCorr |
0.7 | TLK | Telkom Indonesia Tbk | PairCorr |
0.68 | OAK-PB | Oaktree Capital Group | PairCorr |
0.48 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to Emera Maine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera Maine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Emera Maine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Emera Maine PFD to buy it.
The correlation of Emera Maine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Emera Maine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Maine PFD moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Emera Maine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Emera Pink Sheet
If you are still planning to invest in Emera Maine PFD check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Emera Maine's history and understand the potential risks before investing.
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