Atlantic Power has
performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.4386, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Atlantic's beta means in this case. As returns on the market increase, Atlantic Power returns are expected to increase less than the market. However, during the bear market, the loss on holding Atlantic Power will be expected to be smaller as well. Although it is extremely important to respect
Atlantic Power historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards foreseeing
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. By analyzing
Atlantic Power technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future.
Atlantic Power right now shows a risk of 2.22%. Please confirm Atlantic Power
total risk alpha,
expected short fall,
price action indicator, as well as the
relationship between the
value at risk and
daily balance of power to decide if Atlantic Power will be following its
price patterns.
How important is Atlantic Power's Liquidity
Atlantic Power
financial leverage refers to using borrowed capital as a funding source to finance Atlantic Power ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Atlantic Power financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Atlantic Power's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Atlantic Power's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Atlantic Power's total debt and its cash.
Detailed Perspective On Atlantic Power
Institutional investor usually refers to an organization that invests money in Atlantic Power on behalf of clients or other money managers. Buying and selling of large positions of Atlantic Power stock by institutional investors can create supply and demand imbalances that result in sudden price moves of Atlantic Power stock. Let's take a look at how the ownership of Atlantic is distributed among investors.
Ownership Allocation
Atlantic Power holds a total of eighty-nine million two hundred twenty thousand
outstanding shares. Over half of Atlantic Power outstanding shares are owned by
other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these
institutions are subject to different rules and regulation than regular investors in Atlantic Power. Please watch out for any change in the
institutional holdings of Atlantic Power as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
| Retail Investors38.54% | | Institutions57.35% |
| Retail Investors | 38.54 |
| Insiders | 4.11 |
| Institutions | 57.35 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Atlantic Power has an asset utilization ratio of 15.95 percent. This implies that the company is making $0.16 for each dollar of assets. An increasing asset utilization means that Atlantic Power is more efficient with each dollar of assets it utilizes for everyday operations.
| Assets Non Current723.2 M | | |
| Current Assets | 199.43 Million | 18.28 |
| Assets Non Current | 723.15 Million | 66.3 |
| Goodwill | 152.96 Million | 14.02 |
| Tax Assets | 15.14 Million | 1.39 |
Our perspective of the newest Atlantic Power gain
Newest Sortino Ratio is up to -0.03. Price may drop again. As of the 15th of January 2021, Atlantic Power shows the Risk Adjusted Performance of 0.0262,
mean deviation of 1.52, and Downside Deviation of 2.11. Atlantic Power
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen
technical drivers for Atlantic Power, which can be compared to its rivals. Please confirm
Atlantic Power information ratio, as well as the
relationship between the value at risk and
expected short fall to decide if Atlantic Power is priced correctly, providing market reflects its regular price of 2.92 per share. Please also double-check Atlantic Power
total risk alpha, which is currently at
(0.19) to validate the company can sustain itself at a future point.
Our Conclusion on Atlantic Power
Whereas other entities under the utilities—independent power producers industry are still a bit expensive, Atlantic Power may offer a potential longer-term growth to private investors. With a relatively neutral outlook on the newest economy, it is better to hold off any trading of Atlantic as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Atlantic Power.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Atlantic Power. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
[email protected]
