Atlantic Power Stock Return On Equity
Atlantic Power fundamentals help investors to digest information that contributes to Atlantic Power's financial success or failures. It also enables traders to predict the movement of Atlantic Stock. The fundamental analysis module provides a way to measure Atlantic Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Atlantic Power stock.
Atlantic |
Atlantic Power Company Return On Equity Analysis
Atlantic Power's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Atlantic Power Return On Equity | 50.08 |
Most of Atlantic Power's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atlantic Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Atlantic Power has a Return On Equity of 50. This is much higher than that of the Utilities sector and significantly higher than that of the Utilities—Independent Power Producers industry. The return on equity for all United States stocks is notably lower than that of the firm.
Atlantic Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlantic Power's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atlantic Power could also be used in its relative valuation, which is a method of valuing Atlantic Power by comparing valuation metrics of similar companies.Atlantic Power is currently under evaluation in return on equity category among related companies.
Atlantic Fundamentals
| Return On Equity | 50.08 | |||
| Return On Asset | 2.52 | |||
| Profit Margin | 27.28 % | |||
| Operating Margin | 13.20 % | |||
| Current Valuation | 975.64 M | |||
| Shares Outstanding | 89.71 M | |||
| Shares Owned By Insiders | 4.27 % | |||
| Shares Owned By Institutions | 47.25 % | |||
| Number Of Shares Shorted | 1.49 M | |||
| Price To Earning | 4.84 X | |||
| Price To Book | 13.81 X | |||
| Price To Sales | 1.00 X | |||
| Revenue | 272 M | |||
| Gross Profit | 111.6 M | |||
| EBITDA | 95.6 M | |||
| Net Income | 74.2 M | |||
| Cash And Equivalents | 38.8 M | |||
| Cash Per Share | 0.43 X | |||
| Total Debt | 575.6 M | |||
| Debt To Equity | 3.63 % | |||
| Current Ratio | 0.78 X | |||
| Book Value Per Share | (0.11) X | |||
| Cash Flow From Operations | 107.3 M | |||
| Short Ratio | 0.96 X | |||
| Earnings Per Share | 0.62 X | |||
| Price To Earnings To Growth | 1.29 X | |||
| Number Of Employees | 261 | |||
| Beta | 0.1 | |||
| Market Capitalization | 272.65 M | |||
| Total Asset | 1.67 B | |||
| Retained Earnings | (1.26 B) | |||
| Working Capital | 68 M | |||
| Current Asset | 156.9 M | |||
| Current Liabilities | 88.9 M | |||
| Last Dividend Paid | 0.02 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atlantic Power in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atlantic Power's short interest history, or implied volatility extrapolated from Atlantic Power options trading.
Pair Trading with Atlantic 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 Atlantic 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 Atlantic Power will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cintas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cintas 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 Cintas - 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 Cintas to buy it.
The correlation of Cintas 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 Cintas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cintas 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 Cintas 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Atlantic Stock
If you are still planning to invest in Atlantic Power check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Atlantic Power's history and understand the potential risks before investing.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |