Algonquin Power Utilities Corp. stock falls Wednesday, underperforms market - MarketWatch
AQN-PD Preferred Stock | CAD 24.18 0.22 0.92% |
About 51% of Algonquin Power's investor base is interested to short. The analysis of current outlook of investing in Algonquin Power Utilities suggests that many traders are impartial regarding Algonquin Power's prospects. The current market sentiment, together with Algonquin Power's historical and current headlines, can help investors time the market. In addition, many technical investors use Algonquin Power Utilities preferred stock news signals to limit their universe of possible portfolio assets.
Algonquin |
Algonquin Power Utilities Corp. stock falls Wednesday, underperforms market MarketWatch
Read at news.google.com
Algonquin Power Fundamental Analysis
We analyze Algonquin Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algonquin Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algonquin Power 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Algonquin Power is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Algonquin Power Utilities 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 Algonquin Power preferred stock to make a market-neutral strategy. Peer analysis of Algonquin Power could also be used in its relative valuation, which is a method of valuing Algonquin Power by comparing valuation metrics with similar companies.
Peers
Algonquin Power Related Equities
AAPL | Apple | 0.64 | ||||
TD | Toronto Dominion | 0.44 | ||||
MSFT | Microsoft Corp | 0.15 | ||||
VZ | Verizon Communications | 0.05 | ||||
BOFA | Bank of America | 0.04 | ||||
AMZN | Amazon CDR | 0.55 | ||||
BRK | Berkshire Hathaway | 0.57 | ||||
JPM | JPMorgan Chase | 0.74 | ||||
WMT | Walmart | 0.87 | ||||
GOOG | Alphabet | 1.65 |
Complementary Tools for Algonquin Preferred Stock analysis
When running Algonquin Power's price analysis, check to measure Algonquin 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 Algonquin Power is operating at the current time. Most of Algonquin Power's value examination focuses on studying past and present price action to predict the probability of Algonquin 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 Algonquin Power's price. Additionally, you may evaluate how the addition of Algonquin Power to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
CEOs Directory Screen CEOs from public companies around the world |