Innergex Renewable Energy Inc. Forecasted to Post Q2 2024 Earnings of Per Share - MarketBeat
| INGXF Stock | USD 6.19 0.11 1.75% |
Roughly 62% of Innergex Renewable's investor base is looking to short. The analysis of overall sentiment of trading Innergex Renewable Energy pink sheet suggests that many investors are alarmed at this time. The current market sentiment, together with Innergex Renewable's historical and current headlines, can help investors time the market. In addition, many technical investors use Innergex Renewable Energy stock news signals to limit their universe of possible portfolio assets.
Innergex Renewable pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Innergex daily returns and investor perception about the current price of Innergex Renewable Energy as well as its diversification or hedging effects on your existing portfolios.
Innergex |
Innergex Renewable Energy Inc. Forecasted to Post Q2 2024 Earnings of Per Share MarketBeat
Read at news.google.com
 |
Innergex Renewable Fundamental Analysis
We analyze Innergex Renewable's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innergex Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innergex Renewable 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.
Price To Earning
Price To Earning Comparative Analysis
Innergex Renewable is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Innergex Renewable Energy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Innergex Renewable pink sheet to make a market-neutral strategy. Peer analysis of Innergex Renewable could also be used in its relative valuation, which is a method of valuing Innergex Renewable by comparing valuation metrics with similar companies.
Peers
Innergex Renewable Related Equities
| NEP | Nextera Energy | 1.63 | ||||
| TDWRF | Tidewater Renewables | 1.56 | ||||
| RNW | Renew Energy | 1.33 | ||||
| NPIFF | Northland Power | 0.70 | ||||
| AY | Atlantica Sustainable | 0.05 | ||||
| CWEN | Clearway Energy | 0.03 | ||||
| CWEN-A | Clearway Energy | 0.22 | ||||
| BEPC | Brookfield Renewable | 0.31 | ||||
| BEP | Brookfield Renewable | 0.92 | ||||
| DOGEF | Orsted AS | 1.90 | ||||
| AQN | Algonquin Power | 2.42 |
Complementary Tools for Innergex Pink Sheet analysis
When running Innergex Renewable's price analysis, check to measure Innergex Renewable'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 Innergex Renewable is operating at the current time. Most of Innergex Renewable's value examination focuses on studying past and present price action to predict the probability of Innergex Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innergex Renewable's price. Additionally, you may evaluate how the addition of Innergex Renewable to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |