Algonquin Power (Germany) Analysis

Algonquin Stock Analysis Notes

About 50.0% of the company shares are owned by institutions such as pension funds. The company has Price-to-Book (P/B) ratio of 0.93. In the past many companies with similar price-to-book ratios have beat the market. Algonquin Power Utilities last dividend was issued on the 29th of December 2022. Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets in Canada and the United States. The company was incorporated in 1988 and is headquartered in Oakville, Canada. ALGONQUIN POWER operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2277 people. For more info on Algonquin Power Utilities please contact Arun Banskota at 905 465 4500 or go to https://algonquinpower.com.

Algonquin Power Utilities Investment Alerts

Algonquin Power Thematic Classifications

Algonquin Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Algonquin Power's market, we take the total number of its shares issued and multiply it by Algonquin Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Algonquin Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.18 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.18.

Technical Drivers

As of the 30th of November, Algonquin Power shows the mean deviation of 1.16, and Risk Adjusted Performance of (0.01). Algonquin Power Utilities 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. Please confirm Algonquin Power Utilities mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Algonquin Power Utilities is priced correctly, providing market reflects its regular price of 4.64 per share.

Algonquin Power Utilities Price Movement Analysis

Algonquin Power Outstanding Bonds

Algonquin Power Predictive Daily Indicators

Algonquin Power Forecast Models

Algonquin Power's time-series forecasting models are one of many Algonquin Power's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Algonquin Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Algonquin Power prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Algonquin shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Algonquin Power. By using and applying Algonquin Stock analysis, traders can create a robust methodology for identifying Algonquin entry and exit points for their positions.

When running Algonquin Power's price analysis, check to measure Algonquin Power'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 Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.