Innergex Renewable Energy Stock Analysis
| INGXF Stock | USD 10.11 0.07 0.70% |
Innergex Renewable Energy is overvalued with Real Value of 8.29 and Hype Value of 10.11. The main objective of Innergex Renewable pink sheet analysis is to determine its intrinsic value, which is an estimate of what Innergex Renewable Energy is worth, separate from its market price. There are two main types of Innergex Renewable's stock analysis: fundamental analysis and technical analysis.
The Innergex Renewable pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Innergex Renewable's ongoing operational relationships across important fundamental and technical indicators.
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Innergex Pink Sheet Analysis Notes
About 24.0% of the company shares are held by company insiders. The book value of Innergex Renewable was currently reported as 6.21. The company has Price/Earnings (P/E) ratio of 154.32. Innergex Renewable Energy recorded a loss per share of 0.07. The entity last dividend was issued on the 29th of December 2022. Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. Innergex Renewable operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 488 people.The quote for Innergex Renewable Energy is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Innergex Renewable Energy call the company at 450-928-2550 or check out https://www.innergex.com.Innergex Renewable Energy Investment Alerts
| Innergex Renewable has high likelihood to experience some financial distress in the next 2 years | |
| Innergex Renewable Energy has accumulated 4.41 B in total debt with debt to equity ratio (D/E) of 3.61, implying the company greatly relies on financing operations through barrowing. Innergex Renewable Energy has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Innergex Renewable until it has trouble settling it off, either with new capital or with free cash flow. So, Innergex Renewable'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 Innergex Renewable Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Innergex to invest in growth at high rates of return. When we think about Innergex Renewable's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 747.21 M. Net Loss for the year was (191.81 M) with profit before overhead, payroll, taxes, and interest of 570.74 M. | |
| About 24.0% of Innergex Renewable shares are held by company insiders |
Innergex Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Innergex Renewable's market, we take the total number of its shares issued and multiply it by Innergex Renewable'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.Innergex Profitablity
The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.32 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.32.Technical Drivers
As of the 23rd of July, Innergex Renewable retains the Risk Adjusted Performance of 0.0494, market risk adjusted performance of (0.14), and Downside Deviation of 2.06. Innergex Renewable technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Innergex Renewable Energy coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Innergex Renewable is priced fairly, providing market reflects its last-minute price of 10.11 per share. Given that Innergex Renewable Energy has jensen alpha of 0.1473, we strongly advise you to confirm Innergex Renewable Energy's regular market performance to make sure the company can sustain itself at a future point.Innergex Renewable Energy Price Movement Analysis
The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Innergex Renewable Energy price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
Innergex Renewable Outstanding Bonds
Innergex Renewable issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Innergex Renewable Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Innergex bonds can be classified according to their maturity, which is the date when Innergex Renewable Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Valero Energy Partners Corp BondUS91914JAA07 | View |
Innergex Renewable Predictive Daily Indicators
Innergex Renewable intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Innergex Renewable pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 10.11 | |||
| Day Typical Price | 10.11 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 | |||
| Relative Strength Index | 33.18 |
Innergex Renewable Forecast Models
Innergex Renewable's time-series forecasting models are one of many Innergex Renewable's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Innergex Renewable's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Innergex Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Innergex Renewable prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Innergex shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Innergex Renewable. By using and applying Innergex Pink Sheet analysis, traders can create a robust methodology for identifying Innergex entry and exit points for their positions.
Innergex Renewable Energy Inc. operates as an independent renewable power producer in Canada, the United States, France, and Chile. Innergex Renewable Energy Inc. was founded in 1990 and is headquartered in Longueuil, Canada. Innergex Renewable operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 488 people.
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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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