Hydro One Stock Performance
| H Stock | CAD 48.46 0.25 0.52% |
Hydro One has a performance score of 15 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hydro One's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hydro One is expected to be smaller as well. Hydro One right now retains a risk of 0.94%. Please check out Hydro One value at risk, and the relationship between the jensen alpha and skewness , to decide if Hydro One will be following its current trending patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hydro One are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Hydro One may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
Forward Dividend Yield 0.0261 | Payout Ratio | Forward Dividend Rate 1.26 | Dividend Date 2025-03-31 | Ex Dividend Date 2025-03-12 |
1 | CIBC Forecasts Strong Price Appreciation for Hydro One Stock - MarketBeat | 01/08/2025 |
2 | Hydro One Ltd. stock rises Monday, outperforms market - MarketWatch | 01/27/2025 |
3 | Hydro One Limited Given Average Recommendation of Hold by Brokerages - MarketBeat | 02/13/2025 |
4 | 3 Low-Volatility TSX Stocks for Smoother Returns - The Motley Fool Canada | 03/12/2025 |
| Begin Period Cash Flow | 79 M | |
| Free Cash Flow | -274 M |
Hydro |
Hydro One Relative Risk vs. Return Landscape
If you would invest 4,357 in Hydro One on December 19, 2024 and sell it today you would earn a total of 489.00 from holding Hydro One or generate 11.22% return on investment over 90 days. Hydro One is currently generating 0.1818% in daily expected returns and assumes 0.9373% risk (volatility on return distribution) over the 90 days horizon. In different words, 8% of stocks are less volatile than Hydro, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Hydro One Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hydro One's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hydro One, and traders can use it to determine the average amount a Hydro One'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 = 0.1939
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Hydro One is performing at about 15% 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 Hydro One by adding it to a well-diversified portfolio.
Hydro One Fundamentals Growth
Hydro Stock prices reflect investors' perceptions of the future prospects and financial health of Hydro One, and Hydro One 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 Hydro Stock performance.
| Return On Equity | 0.0973 | ||||
| Return On Asset | 0.0354 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 45.92 B | ||||
| Shares Outstanding | 599.44 M | ||||
| Price To Earning | 15.93 X | ||||
| Price To Book | 2.39 X | ||||
| Price To Sales | 3.42 X | ||||
| Revenue | 8.48 B | ||||
| Gross Profit | 3.03 B | ||||
| EBITDA | 2.88 B | ||||
| Net Income | 1.16 B | ||||
| Cash And Equivalents | 530 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 1.35 B | ||||
| Debt To Equity | 130.00 % | ||||
| Current Ratio | 0.41 X | ||||
| Book Value Per Share | 20.17 X | ||||
| Cash Flow From Operations | 2.53 B | ||||
| Earnings Per Share | 1.92 X | ||||
| Market Capitalization | 29.05 B | ||||
| Total Asset | 36.68 B | ||||
| Retained Earnings | 6.36 B | ||||
| Working Capital | (1.38 B) | ||||
About Hydro One Performance
By examining Hydro One's fundamental ratios, stakeholders can obtain critical insights into Hydro One's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Hydro One is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.94 | 3.69 | |
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Hydro One performance evaluation
Checking the ongoing alerts about Hydro One for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hydro One help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hydro One has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Hydro One currently holds 1.35 B in liabilities with Debt to Equity (D/E) ratio of 130.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Hydro One has a current ratio of 0.4, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Hydro One until it has trouble settling it off, either with new capital or with free cash flow. So, Hydro One'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 Hydro One sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hydro to invest in growth at high rates of return. When we think about Hydro One's use of debt, we should always consider it together with cash and equity. | |
| About 47.0% of Hydro One shares are held by company insiders | |
| Latest headline from news.google.com: 3 Low-Volatility TSX Stocks for Smoother Returns - The Motley Fool Canada |
- Analyzing Hydro One'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 Hydro One's stock is overvalued or undervalued compared to its peers.
- Examining Hydro One'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 Hydro One's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hydro One's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hydro One's stock. These opinions can provide insight into Hydro One's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hydro Stock
Hydro One financial ratios help investors to determine whether Hydro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hydro with respect to the benefits of owning Hydro One security.