Avangrid Stock Performance
AGR Stock | USD 37.02 0.18 0.49% |
On a scale of 0 to 100, Avangrid holds a performance score of 13. The firm shows a Beta (market volatility) of 1.24, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avangrid will likely underperform. Please check Avangrid's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Avangrid's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Avangrid are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady technical and fundamental indicators, Avangrid reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.57) | Five Day Return 1.54 | Year To Date Return 10.51 | Ten Year Return 1.91 | All Time Return 1.91 |
Forward Dividend Yield 0.0475 | Payout Ratio 0.5926 | Last Split Factor 5:3 | Forward Dividend Rate 1.76 | Dividend Date 2024-07-01 |
1 | Acquisition by Alan Solomont of 161 shares of Avangrid at 31.08 subject to Rule 16b-3 | 03/01/2024 |
2 | Bureau of Ocean Energy Management Issues Final Environmental Impact Statement for Avangrids New England Wind Lease Area | 03/05/2024 |
3 | Why Avangrid Stock Jumped Today | 03/08/2024 |
4 | Acquisition by Justin Lagasse of 15296 shares of Avangrid subject to Rule 16b-3 | 03/12/2024 |
5 | Avangrid Foundation Celebrates National Reading Month | 03/26/2024 |
Avangrid dividend paid on 1st of April 2024 | 04/01/2024 |
6 | Avangrid and Statkraft Establish U.S. Relationship with Virtual Power Purchase Agreement | 04/08/2024 |
7 | Construction Begins at Avangrids First California Solar Farm | 04/09/2024 |
8 | Avangrid to Build 57 MW Solar Farm, Adds Clean Energy | 04/11/2024 |
9 | Avangrid Schedules First Quarter 2024 Earnings | 04/16/2024 |
10 | Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day | 04/18/2024 |
11 | Avangrid Featured on EARTH with John Holden to Kick off Earth Week | 04/22/2024 |
12 | BlackRock Activates Retirement Solution Offering A Paycheck For Life | 04/24/2024 |
Begin Period Cash Flow | 72 M |
Avangrid |
Avangrid Relative Risk vs. Return Landscape
If you would invest 3,001 in Avangrid on January 26, 2024 and sell it today you would earn a total of 701.00 from holding Avangrid or generate 23.36% return on investment over 90 days. Avangrid is generating 0.3583% of daily returns assuming volatility of 2.024% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than Avangrid, and above 93% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Avangrid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avangrid's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Avangrid, and traders can use it to determine the average amount a Avangrid's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.177
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Estimated Market Risk
2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Avangrid is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Avangrid by adding it to a well-diversified portfolio.
Avangrid Fundamentals Growth
Avangrid Stock prices reflect investors' perceptions of the future prospects and financial health of Avangrid, and Avangrid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Avangrid Stock performance.
Return On Equity | 0.0324 | ||||
Return On Asset | 0.014 | ||||
Profit Margin | 0.11 % | ||||
Operating Margin | 0.17 % | ||||
Current Valuation | 27.51 B | ||||
Shares Outstanding | 386.77 M | ||||
Price To Earning | 19.42 X | ||||
Price To Book | 0.70 X | ||||
Price To Sales | 1.66 X | ||||
Revenue | 8.31 B | ||||
Gross Profit | 2.6 B | ||||
EBITDA | 2.14 B | ||||
Net Income | 665 M | ||||
Cash And Equivalents | 69 M | ||||
Cash Per Share | 1.06 X | ||||
Total Debt | 12.2 B | ||||
Debt To Equity | 0.41 % | ||||
Current Ratio | 0.89 X | ||||
Book Value Per Share | 50.80 X | ||||
Cash Flow From Operations | 919 M | ||||
Earnings Per Share | 2.03 X | ||||
Market Capitalization | 14.15 B | ||||
Total Asset | 43.99 B | ||||
Retained Earnings | 2.02 B | ||||
Working Capital | (1.83 B) | ||||
Current Asset | 2.47 B | ||||
Current Liabilities | 2.04 B | ||||
About Avangrid Performance
To evaluate Avangrid Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Avangrid generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Avangrid Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Avangrid market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Avangrid's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 32.62 | 22.89 | |
Return On Tangible Assets | 0.02 | 0.02 | |
Return On Capital Employed | 0.02 | 0.02 | |
Return On Assets | 0.02 | 0.02 | |
Return On Equity | 0.04 | 0.08 |
Things to note about Avangrid performance evaluation
Checking the ongoing alerts about Avangrid for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Avangrid help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.The company has 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Avangrid has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Avangrid until it has trouble settling it off, either with new capital or with free cash flow. So, Avangrid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avangrid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avangrid to invest in growth at high rates of return. When we think about Avangrid's use of debt, we should always consider it together with cash and equity. | |
About 82.0% of Avangrid shares are held by company insiders | |
On 1st of April 2024 Avangrid paid $ 0.44 per share dividend to its current shareholders | |
Latest headline from businesswire.com: BlackRock Activates Retirement Solution Offering A Paycheck For Life |
- Analyzing Avangrid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Avangrid's stock is overvalued or undervalued compared to its peers.
- Examining Avangrid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Avangrid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Avangrid's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Avangrid's stock. These opinions can provide insight into Avangrid's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary 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.
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Is Avangrid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avangrid. If investors know Avangrid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avangrid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.44 | Dividend Share 1.76 | Earnings Share 2.03 | Revenue Per Share 21.351 | Quarterly Revenue Growth (0.02) |
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avangrid's market value can be influenced by many factors that don't directly affect Avangrid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.