Darren CPA - Algonquin Power Chief Officer
| AQN Stock | USD 4.95 0.07 1.43% |
Executive
Darren CPA is Chief Officer of Algonquin Power Utilities
| Age | 50 |
| Address | 354 Davis Road, Oakville, ON, Canada, L6J 2X1 |
| Phone | 905 465 4500 |
| Web | https://algonquinpower.com |
Algonquin Power Management Efficiency
The company has Return on Asset of 0.016 % which means that on every $100 spent on assets, it made $0.016 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.041 %, implying that it generated $0.041 on every 100 dollars invested. Algonquin Power's management efficiency ratios could be used to measure how well Algonquin Power manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop 0. At this time, Algonquin Power's Net Tangible Assets are very stable compared to the past year. As of the 30th of November 2024, Intangibles To Total Assets is likely to grow to 0.09, while Intangible Assets are likely to drop about 74.1 M.Similar Executives
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Management Performance
| Return On Equity | 0.041 | ||||
| Return On Asset | 0.016 |
Algonquin Power Utilities Leadership Team
Elected by the shareholders, the Algonquin Power's board of directors comprises two types of representatives: Algonquin Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Algonquin. The board's role is to monitor Algonquin Power's management team and ensure that shareholders' interests are well served. Algonquin Power's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Algonquin Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Laney, Independent Director | ||
| Arthur Kacprzak, Chief Financial Officer | ||
| Alison Holditch, IR Contact Officer | ||
| Brian CPA, Vice Relations | ||
| Christopher Ball, Independent Director | ||
| Mary Paravalos, Chief Compliance and Risk Officer | ||
| Masheed Saidi, Independent Director | ||
| Jeffery Norman, President Renewables | ||
| Anthony Johnston, Chief Operating Officer | ||
| Jefferey Norman, Chief Development Officer | ||
| George Steeves, Independent Director | ||
| Melissa Barnes, Independent Director | ||
| Darren Myers, Chief Officer | ||
| Carol Leaman, Independent Director | ||
| Christopher Jarratt, Vice Chairman of the Board | ||
| Amelia Tsang, VP Relations | ||
| David Bronicheski, Chief Financial Officer | ||
| Kirsten Olsen, Chief Human Resource Officer | ||
| Ian Robertson, Chief Executive Officer, Director | ||
| Brenda Marshall, Senior Development | ||
| Stephanie Bose, Director Communications | ||
| BA LLB, Chief Officer | ||
| George Trisic, Chief Administrative Officer, Corporate Secretary | ||
| Arun Banskota, President, Chief Executive Officer, Director | ||
| Colin Penny, Executive Transformation | ||
| Dilek Samil, Independent Director | ||
| Darren CPA, Chief Officer | ||
| Jennifer Tindale, Chief Legal Officer | ||
| Christopher Huskilson, Independent Director | ||
| David Pasieka, President - Liberty Utilities Co. | ||
| Kenneth Moore, Independent Chairman of the Board |
Algonquin Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Algonquin Power a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.041 | ||||
| Return On Asset | 0.016 | ||||
| Profit Margin | (0.39) % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 11.33 B | ||||
| Shares Outstanding | 767.23 M | ||||
| Shares Owned By Insiders | 0.06 % | ||||
| Shares Owned By Institutions | 62.62 % | ||||
| Number Of Shares Shorted | 15.42 M | ||||
| Price To Earning | 5.61 X |
Pair Trading with Algonquin Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Algonquin Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Algonquin Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Algonquin Stock
Moving against Algonquin Stock
| 0.81 | GEV | GE Vernova LLC | PairCorr |
| 0.8 | NRGV | Energy Vault Holdings Buyout Trend | PairCorr |
| 0.77 | WAVE | Eco Wave Power | PairCorr |
| 0.74 | ELLO | Ellomay Capital | PairCorr |
| 0.72 | ORA | Ormat Technologies | PairCorr |
The ability to find closely correlated positions to Algonquin Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algonquin Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Algonquin Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Algonquin Power Utilities to buy it.
The correlation of Algonquin Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Algonquin Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algonquin Power Utilities moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Algonquin Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algonquin Power Utilities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algonquin Power. If investors know Algonquin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.998 | Dividend Share 0.391 | Earnings Share 0.54 | Revenue Per Share 3.671 | Quarterly Revenue Growth 0.015 |
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.