Algonquin Power Utilities Corp. Announces Date for Third Quarter 2024 Financial Results and Conference Call - StockTitan
| AQN-PD Preferred Stock | CAD 23.96 0.12 0.50% |
About 53% 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. Announces Date for Third Quarter 2024 Financial Results and Conference Call StockTitan
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
| DCM | Data Communications | 14.36 | ||||
| CSU | Constellation Software | 1.33 | ||||
| FTG | Firan Technology | 0.13 | ||||
| MLO | Metalero Mining | 0.00 | ||||
| CTS | Converge Technology | 2.57 | ||||
| RAMP | Ramp Metals | 5.26 |
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.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |