Emera Pref A Preferred Stock Today
| EMA-PA Preferred Stock | CAD 15.09 0.05 0.33% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Emera Pref is trading at 15.09 as of the 24th of April 2024, a 0.33 percent up since the beginning of the trading day. The preferred stock's open price was 15.04. Emera Pref has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Emera Pref A are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Emera Incorporated, an energy and services company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity to various customers. Emera Incorporated was founded in 1919 and is headquartered in Halifax, Canada. The company has 233 M outstanding shares of which 7.89 K shares are currently shorted by private and institutional investors with about 1.97 days to cover all short positions. More on Emera Pref A
Moving together with Emera Preferred Stock
| 0.79 | BIP-PB | Brookfield Infrastructure | PairCorr |
Moving against Emera Preferred Stock
| 0.45 | BIP-UN | Brookfield Infrastructure | PairCorr |
Follow Valuation Odds of Bankruptcy
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Emera Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Emera Pref's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Emera Pref or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities - Diversified, Utilities (View all Sectors) |
Emera Pref A (EMA-PA) is traded on Toronto Exchange in Canada and employs 9 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 13.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Emera Pref's market, we take the total number of its shares issued and multiply it by Emera Pref's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Emera Pref A operates under Utilities sector and is part of Utilities - Diversified industry. The entity has 233 M outstanding shares of which 7.89 K shares are currently shorted by private and institutional investors with about 1.97 days to cover all short positions.
Emera Pref A has accumulated about 979 M in cash with 1.19 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.13.
Check Emera Pref Probability Of Bankruptcy
Ownership AllocationEmera Pref holds a total of 233 Million outstanding shares. 30% of Emera Pref A outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Emera Ownership Details
Emera Stock Price Odds Analysis
What are Emera Pref's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Emera Pref jumping above the current price in 90 days from now is nearly 4.98%. The Emera Pref A probability density function shows the probability of Emera Pref preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Emera Pref has a beta of 0.1164 suggesting as returns on the market go up, Emera Pref average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Emera Pref A will be expected to be much smaller as well. Additionally, emera Pref A has an alpha of 0.0592, implying that it can generate a 0.0592 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Emera Pref to move above the current price in 90 days from now is nearly 4.98 (This Emera Pref A probability density function shows the probability of Emera Preferred Stock to fall within a particular range of prices over 90 days) .
Emera Pref A Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Emera Pref market risk premium is the additional return an investor will receive from holding Emera Pref long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Emera Pref. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Emera Pref's alpha and beta are two of the key measurements used to evaluate Emera Pref's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5368 | |||
| Semi Deviation | 0.5812 | |||
| Standard Deviation | 0.9459 | |||
| Variance | 0.8946 |
Emera Stock Against Markets
Picking the right benchmark for Emera Pref preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Emera Pref preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Emera Pref is critical whether you are bullish or bearish towards Emera Pref A at a given time. Please also check how Emera Pref's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Emera Pref without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
Emera Pref Corporate Management
Elected by the shareholders, the Emera Pref's board of directors comprises two types of representatives: Emera Pref inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Emera. The board's role is to monitor Emera Pref's management team and ensure that shareholders' interests are well served. Emera Pref'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, Emera Pref's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Karen Hutt | Exec Strategy | Profile | |
| Lisa Merrithew | VP Affairs | Profile | |
| Scott LaFleur | Investor Mang | Profile | |
| Scott Balfour | Pres CEO | Profile | |
| Michael Roberts | Chief Officer | Profile | |
| FCPA FCA | Chief Officer | Profile | |
| Richard PEng | Canada Utilities | Profile |
How to buy Emera Preferred Stock?
Before investing in Emera Pref, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Emera Pref. To buy Emera Pref preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Emera Pref. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Emera Pref preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Emera Pref A preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Emera Pref A preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Emera Pref A, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Emera Pref A?
The danger of trading Emera Pref A is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Emera Pref is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Emera Pref. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Emera Pref A is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emera Pref A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Emera Preferred Stock analysis
When running Emera Pref's price analysis, check to measure Emera Pref'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 Pref is operating at the current time. Most of Emera Pref's value examination focuses on studying past and present price action to predict the probability of Emera Pref'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 Pref's price. Additionally, you may evaluate how the addition of Emera Pref to your portfolios can decrease your overall portfolio volatility.
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