Innergex Renewable Financials
| INE-PA Preferred Stock | CAD 25.35 0.12 0.48% |
Innergex |
Understanding current and past Innergex Renewable Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Innergex Renewable's financial statements are interrelated, with each one affecting the others. For example, an increase in Innergex Renewable's assets may result in an increase in income on the income statement.
Please note, the presentation of Innergex Renewable's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innergex Renewable's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Innergex Renewable's management manipulating its earnings.
Innergex Renewable Preferred Stock Summary
Innergex Renewable competes with Brookfield Renewable, TransAlta Corp, Capstone Infrastructure, Transalta, and Innergex Renewable. Innergex Renewable Energy Inc. operates as an independent renewable power producer. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. INNERGEX RENEWABLE operates under Utilities - Independent Power Producers classification in Canada and is traded on Toronto Stock Exchange. It employs 360 people.| Instrument | Canada Preferred Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA45790B5009 |
| Business Address | 1225 Saint-Charles Street |
| Sector | Utilities |
| Industry | Utilities - Independent Power Producers |
| Benchmark | Dow Jones Industrial |
| Website | www.innergex.com |
| Phone | 450 928 2550 |
| Currency | CAD - Canadian Dollar |
You should never invest in Innergex Renewable without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Innergex Preferred Stock, because this is throwing your money away. Analyzing the key information contained in Innergex Renewable's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Innergex Renewable Key Financial Ratios
Innergex Renewable's financial ratios allow both analysts and investors to convert raw data from Innergex Renewable's financial statements into concise, actionable information that can be used to evaluate the performance of Innergex Renewable over time and compare it to other companies across industries.| Return On Equity | -0.0231 | ||||
| Return On Asset | 0.0222 | ||||
| Number Of Employees | 488 | ||||
| Beta | 0.34 | ||||
| Last Dividend Paid | 0.72 |
Innergex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innergex Renewable's current stock value. Our valuation model uses many indicators to compare Innergex Renewable value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innergex Renewable competition to find correlations between indicators driving Innergex Renewable's intrinsic value. More Info.Innergex Renewable Energy is rated fifth overall in return on equity category among its peers. It also is rated fifth overall in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Innergex Renewable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Innergex Renewable's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Innergex Renewable Energy Systematic Risk
Innergex Renewable's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innergex Renewable volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Innergex Renewable Energy correlated with the market. If Beta is less than 0 Innergex Renewable generally moves in the opposite direction as compared to the market. If Innergex Renewable Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innergex Renewable Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innergex Renewable is generally in the same direction as the market. If Beta > 1 Innergex Renewable moves generally in the same direction as, but more than the movement of the benchmark.
Innergex Renewable July 19, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Innergex Renewable help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innergex Renewable Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innergex Renewable Energy based on widely used predictive technical indicators. In general, we focus on analyzing Innergex Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innergex Renewable's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4023 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.64 | |||
| Value At Risk | (0.40) | |||
| Potential Upside | 0.8048 |
Complementary Tools for Innergex Preferred Stock analysis
When running Innergex Renewable's price analysis, check to measure Innergex Renewable'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 Innergex Renewable is operating at the current time. Most of Innergex Renewable's value examination focuses on studying past and present price action to predict the probability of Innergex Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innergex Renewable's price. Additionally, you may evaluate how the addition of Innergex Renewable to your portfolios can decrease your overall portfolio volatility.
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