Power Assets Holdings Stock Today

HGKGY Stock  USD 5.78  0.05  0.86%   

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Power Assets is trading at 5.78 as of the 28th of March 2024; that is -0.86% down since the beginning of the trading day. The stock's open price was 5.83. Power Assets 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 Power Assets Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong. The company has 2.13 B outstanding shares. More on Power Assets Holdings

Moving together with Power Pink Sheet

  0.62SOJE SOJEPairCorr
  0.61SOJC SouthernPairCorr
  0.64MUFG Mitsubishi UFJ Financial Financial Report 20th of May 2024 PairCorr
  0.66MBFJF Mitsubishi UFJ FinancialPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Power Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Power Assets' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Power Assets or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO, Executive DirectorChao Tsai
Business ConcentrationUtilities, Electric Utilities, Utilities—Independent Power Producers, Utilities (View all Sectors)
Power Assets Holdings [HGKGY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Large-Cap' category with a current market capitalization of 11.83 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Power Assets's market, we take the total number of its shares issued and multiply it by Power Assets'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. Power Assets Holdings classifies itself under Electric Utilities sector and is part of Utilities industry. The entity has 2.13 B outstanding shares. Power Assets Holdings has accumulated about 4.1 B in cash with 939 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.92.
Check Power Assets Probability Of Bankruptcy

Power Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Power Assets jumping above the current price in 90 days from now is about 57.93%. The Power Assets Holdings probability density function shows the probability of Power Assets pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Power Assets Holdings has a beta of -0.3365. This usually indicates as returns on benchmark increase, returns on holding Power Assets are expected to decrease at a much lower rate. During the bear market, however, Power Assets Holdings is likely to outperform the market. Additionally, power Assets Holdings has an alpha of 0.1306, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 5.78HorizonTargetOdds Above 5.78
41.66%90 days
 5.78 
57.93%
Based on a normal probability distribution, the odds of Power Assets to move above the current price in 90 days from now is about 57.93 (This Power Assets Holdings probability density function shows the probability of Power Pink Sheet to fall within a particular range of prices over 90 days) .

Power Assets Holdings Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Power Assets market risk premium is the additional return an investor will receive from holding Power Assets 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 Power Assets. 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 Power Assets' alpha and beta are two of the key measurements used to evaluate Power Assets' performance over the market, the standard measures of volatility play an important role as well.

Power Stock Against Markets

Picking the right benchmark for Power Assets pink sheet 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 Power Assets pink sheet 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 Power Assets is critical whether you are bullish or bearish towards Power Assets Holdings at a given time. Please also check how Power Assets' 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 Power Assets 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.

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Power Assets Corporate Directors

Power Assets corporate directors refer to members of a Power Assets board of directors. The board of directors generally takes responsibility for the Power Assets' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Power Assets' board members must vote for the resolution. The Power Assets board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tzar LiNon-Executive DirectorProfile
Yukkeung IpIndependent Non-Executive DirectorProfile
Andrew HunterExecutive DirectorProfile
Loi ChanExecutive DirectorProfile

How to buy Power Pink Sheet?

Before investing in Power Assets, 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 Power Assets. To buy Power Assets stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Power Assets. 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 Power Assets stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Power Assets Holdings 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 Power Assets Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Power Assets Holdings, 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 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 Power Assets Holdings?

The danger of trading Power Assets Holdings 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 Power Assets 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 Power Assets. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Power Assets Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Power Assets Holdings. 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.
Note that the Power Assets Holdings information on this page should be used as a complementary analysis to other Power Assets' 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Power Assets' price analysis, check to measure Power Assets' 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 Power Assets is operating at the current time. Most of Power Assets' value examination focuses on studying past and present price action to predict the probability of Power Assets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Assets' price. Additionally, you may evaluate how the addition of Power Assets to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Power Assets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Assets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Assets' 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.