Northland Power Financials
1NR Stock | EUR 12.25 0.20 1.61% |
Northland |
Understanding current and past Northland Power Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Northland Power's financial statements are interrelated, with each one affecting the others. For example, an increase in Northland Power's assets may result in an increase in income on the income statement.
Northland Power Stock Summary
Northland Power competes with SHIP HEALTHCARE, Ramsay Health, ATRYS HEALTH, TITAN MACHINERY, and Nufarm. Northland Power Inc. develops, builds, owns, and operates clean and green power projects primarily in Canada and Europe. The company was founded in 1987 and is headquartered in Toronto, Canada. NORTHLAND POWER operates under Utilities - Independent Power Producers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 363 people.Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | CA6665111002 |
Business Address | 30 St Clair |
Sector | Utilities |
Industry | Utilities - Independent Power Producers |
Benchmark | Dow Jones Industrial |
Website | www.northlandpower.com |
Phone | 416 962 6262 |
Currency | EUR - Euro |
You should never invest in Northland Power without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Northland Stock, because this is throwing your money away. Analyzing the key information contained in Northland Power's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Northland Power Key Financial Ratios
There are many critical financial ratios that Northland Power's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Northland Power reports annually and quarterly.Northland Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Northland Power's current stock value. Our valuation model uses many indicators to compare Northland Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Northland Power competition to find correlations between indicators driving Northland Power's intrinsic value. More Info.Northland Power is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.19 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Northland Power is roughly 5.18 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northland Power's earnings, one of the primary drivers of an investment's value.Northland Power Systematic Risk
Northland Power's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Northland Power volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Northland Power correlated with the market. If Beta is less than 0 Northland Power generally moves in the opposite direction as compared to the market. If Northland Power Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Northland Power is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Northland Power is generally in the same direction as the market. If Beta > 1 Northland Power moves generally in the same direction as, but more than the movement of the benchmark.
Northland Power December 16, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Northland Power help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Northland Power. We use our internally-developed statistical techniques to arrive at the intrinsic value of Northland Power based on widely used predictive technical indicators. In general, we focus on analyzing Northland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Northland Power's daily price indicators and compare them against related drivers.
Information Ratio | (0.10) | |||
Maximum Drawdown | 14.48 | |||
Value At Risk | (4.75) | |||
Potential Upside | 3.22 |
Complementary Tools for Northland Stock analysis
When running Northland Power's price analysis, check to measure Northland 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 Northland Power is operating at the current time. Most of Northland Power's value examination focuses on studying past and present price action to predict the probability of Northland 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 Northland Power's price. Additionally, you may evaluate how the addition of Northland Power to your portfolios can decrease your overall portfolio volatility.
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Transaction History View history of all your transactions and understand their impact on performance | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |