AltaGas Financials
| ATGFF Stock | USD 22.98 0.29 1.28% |
AltaGas |
Understanding current and past AltaGas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AltaGas' financial statements are interrelated, with each one affecting the others. For example, an increase in AltaGas' assets may result in an increase in income on the income statement.
AltaGas Stock Summary
AltaGas competes with Energy Of, Avista, Allete, AES, and Companhia Energetica. AltaGas Ltd. operates as an energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. Altagas operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 2926 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 355 - 4th |
| Sector | Gas Utilities |
| Industry | Utilities |
| Benchmark | Dow Jones Industrial |
| Website | www.altagas.ca |
| Phone | 403 691 7575 |
| Currency | USD - US Dollar |
AltaGas Key Financial Ratios
There are many critical financial ratios that AltaGas' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that AltaGas reports annually and quarterly.| Return On Equity | 0.0477 | |||
| Return On Asset | 0.0273 | |||
| Beta | 1.31 | |||
| Last Dividend Paid | 1.05 |
AltaGas Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AltaGas's current stock value. Our valuation model uses many indicators to compare AltaGas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AltaGas competition to find correlations between indicators driving AltaGas's intrinsic value. More Info.AltaGas is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AltaGas is roughly 1.75 . 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 AltaGas' earnings, one of the primary drivers of an investment's value.AltaGas Systematic Risk
AltaGas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AltaGas 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.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on AltaGas correlated with the market. If Beta is less than 0 AltaGas generally moves in the opposite direction as compared to the market. If AltaGas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AltaGas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AltaGas is generally in the same direction as the market. If Beta > 1 AltaGas moves generally in the same direction as, but more than the movement of the benchmark.
AltaGas December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of AltaGas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AltaGas. We use our internally-developed statistical techniques to arrive at the intrinsic value of AltaGas based on widely used predictive technical indicators. In general, we focus on analyzing AltaGas Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AltaGas's daily price indicators and compare them against related drivers.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.12 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.59 |
Complementary Tools for AltaGas Pink Sheet analysis
When running AltaGas' price analysis, check to measure AltaGas' 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 is operating at the current time. Most of AltaGas' value examination focuses on studying past and present price action to predict the probability of AltaGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AltaGas' price. Additionally, you may evaluate how the addition of AltaGas to your portfolios can decrease your overall portfolio volatility.
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