Avangrid Again Named a Leading Utility for Decarbonization
| AGR Stock | USD 35.59 0.03 0.08% |
Slightly above 56% of Avangrid's investor base is looking to short. The analysis of overall sentiment of trading Avangrid stock suggests that many investors are alarmed at this time. Avangrid's investing sentiment overview a quick insight into current market opportunities from investing in Avangrid. Many technical investors use Avangrid stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Avangrid |
ORANGE, Conn., September 25, 2024--Avangrid, Inc. , a leading sustainable energy company and member of the Iberdrola Group, announced today that it is once again one of the nations top two public utilities for decarbonization, according to the National Public Utilities Councils Annual Utility Decarbonization Report. This annual report uses the latest complete data to analyze the decarbonization efforts of the largest investor-owned utilities in the United States. For the seco
Read at finance.yahoo.com
 |
Avangrid Fundamental Analysis
We analyze Avangrid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avangrid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avangrid based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Avangrid is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Avangrid Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Avangrid stock to make a market-neutral strategy. Peer analysis of Avangrid could also be used in its relative valuation, which is a method of valuing Avangrid by comparing valuation metrics with similar companies.
Peers
Avangrid Related Equities
| CEPU | Central Puerto | 1.67 | ||||
| ENIC | Enel Chile | 0.70 | ||||
| DTE | DTE Energy | 0.41 | ||||
| CMS | CMS Energy | 0.31 | ||||
| ETR | Entergy | 0.27 | ||||
| IDA | IDACORP | 0.17 | ||||
| CNP | CenterPoint Energy | 0.09 | ||||
| AEE | Ameren Corp | 0.06 | ||||
| LNT | Alliant Energy | 0.03 | ||||
| POR | Portland General | 0.11 | ||||
| EVRG | Evergy, | 0.34 | ||||
| EBR-B | Centrais Eltricas | 0.76 | ||||
| PNW | Pinnacle West | 1.31 | ||||
| KEP | Korea Electric | 1.73 |
Additional Tools for Avangrid Stock Analysis
When running Avangrid's price analysis, check to measure Avangrid'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 Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.