Altagas Cum Red Preferred Stock Performance
| ALA-PA Preferred Stock | CAD 21.22 0.14 0.66% |
Altagas Cum has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Altagas Cum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altagas Cum is expected to be smaller as well. Altagas Cum Red right now shows a risk of 0.75%. Please confirm Altagas Cum Red sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Altagas Cum Red will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altagas Cum Red are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating basic indicators, Altagas Cum may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
| Begin Period Cash Flow | 74 M | |
| Total Cashflows From Investing Activities | -483 M | |
| Free Cash Flow | -76 M |
Altagas |
Altagas Cum Relative Risk vs. Return Landscape
If you would invest 1,965 in Altagas Cum Red on November 29, 2024 and sell it today you would earn a total of 157.00 from holding Altagas Cum Red or generate 7.99% return on investment over 90 days. Altagas Cum Red is generating 0.131% of daily returns and assumes 0.7532% volatility on return distribution over the 90 days horizon. Simply put, 6% of preferred stocks are less volatile than Altagas, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Altagas Cum Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altagas Cum's investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Altagas Cum Red, and traders can use it to determine the average amount a Altagas Cum'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 = 0.1739
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Estimated Market Risk
| 0.75 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Altagas Cum is performing at about 13% 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 Altagas Cum by adding it to a well-diversified portfolio.
Altagas Cum Fundamentals Growth
Altagas Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Altagas Cum, and Altagas Cum 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 Altagas Preferred Stock performance.
| Return On Equity | 0.0477 | ||||
| Return On Asset | 0.0273 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.07 % | ||||
| Revenue | 10.57 B | ||||
| EBITDA | 1.14 B | ||||
| Total Debt | 7.68 B | ||||
| Book Value Per Share | 24.88 X | ||||
| Cash Flow From Operations | 738 M | ||||
| Earnings Per Share | 0.89 X | ||||
| Total Asset | 21.59 B | ||||
About Altagas Cum Performance
By analyzing Altagas Cum's fundamental ratios, stakeholders can gain valuable insights into Altagas Cum's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altagas Cum 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 Altagas Cum has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Altagas Cum Red performance evaluation
Checking the ongoing alerts about Altagas Cum for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Altagas Cum Red help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Altagas Cum's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Altagas Cum's preferred stock performance include:- Analyzing Altagas Cum'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 Altagas Cum's stock is overvalued or undervalued compared to its peers.
- Examining Altagas Cum'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 Altagas Cum's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altagas Cum's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altagas Cum's preferred stock. These opinions can provide insight into Altagas Cum's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Altagas Preferred Stock analysis
When running Altagas Cum's price analysis, check to measure Altagas Cum'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 Altagas Cum is operating at the current time. Most of Altagas Cum's value examination focuses on studying past and present price action to predict the probability of Altagas Cum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altagas Cum's price. Additionally, you may evaluate how the addition of Altagas Cum to your portfolios can decrease your overall portfolio volatility.
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