Emera Inc Preferred Stock Price on November 4, 2024
| EMA-PH Preferred Stock | CAD 24.02 0.08 0.33% |
If you're considering investing in Emera Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Emera stands at 24.02, as last reported on the 15th of December 2024, with the highest price reaching 24.05 and the lowest price hitting 23.87 during the day. At this point, Emera is very steady. Emera Inc secures Sharpe Ratio (or Efficiency) of 0.066, which denotes the company had a 0.066% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Emera Inc, which you can use to evaluate the volatility of the firm. Please confirm Emera's Mean Deviation of 0.521, downside deviation of 0.8163, and Coefficient Of Variation of 1346.87 to check if the risk estimate we provide is consistent with the expected return of 0.0459%.
Emera Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Emera |
Sharpe Ratio = 0.066
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Emera is performing at about 5% 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 Emera by adding it to a well-diversified portfolio.
Emera Valuation on November 4, 2024
It is possible to determine the worth of Emera on a given historical date. On November 4, 2024 Emera was worth 22.74 at the beginning of the trading date compared to the closed value of 22.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Emera preferred stock. Still, in general, we apply an absolute valuation method to find Emera's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Emera where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Emera's related companies.
| Open | High | Low | Close | Volume | |
| 23.01 | 23.01 | 22.72 | 22.74 | 8,800 | |
11/04/2024 | 22.74 | 22.74 | 22.55 | 22.61 | 1,201 |
| 22.61 | 22.65 | 22.60 | 22.60 | 2,626 |
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Emera Trading Date Momentum on November 4, 2024
| On November 05 2024 Emera Inc was traded for 22.60 at the closing time. The highest price during the trading period was 22.65 and the lowest recorded bid was listed for 22.60 . The volume for the day was 2.6 K. This history from November 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.04% . The overall trading delta to the current price is 2.03% . |
Emera Inc Fundamentals Correlations and Trends
By evaluating Emera's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Emera's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Emera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Emera Preferred Stock history
Emera investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Emera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Emera Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Emera stock prices may prove useful in developing a viable investing in Emera
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. As of December 31, 2019, it served approximately 406,000 customers in Florida 534,000 customers in New Mexico 523,000 customers in Nova Scotia 159,000 customers in the state of Maine and 131,000 customers in the Island of Barbados. EMERA INC operates under UtilitiesDiversified classification in Canada and is traded on Toronto Stock Exchange.
Emera Preferred Stock Technical Analysis
Emera technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
Price Boundaries
Emera Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Emera Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Emera December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Emera preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Emera shares will generate the highest return on investment. By undertsting and applying Emera preferred stock market strength indicators, traders can identify Emera Inc entry and exit signals to maximize returns
Emera Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Emera's price direction in advance. Along with the technical and fundamental analysis of Emera Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Emera to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0534 | |||
| Jensen Alpha | 0.033 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.4298 |
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| Volume Indicators |
Complementary Tools for Emera Preferred Stock analysis
When running Emera's price analysis, check to measure Emera'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 Emera is operating at the current time. Most of Emera's value examination focuses on studying past and present price action to predict the probability of Emera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Emera's price. Additionally, you may evaluate how the addition of Emera to your portfolios can decrease your overall portfolio volatility.
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