Atlantic Power Revenue vs. Current Ratio

Considering Atlantic Power's profitability and operating efficiency indicators, Atlantic Power may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in April. Profitability indicators assess Atlantic Power's ability to earn profits and add value for shareholders.
For Atlantic Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Atlantic Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Atlantic Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Atlantic Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Atlantic Power over time as well as its relative position and ranking within its peers.
  
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.
Please note, there is a significant difference between Atlantic Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlantic Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlantic Power'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.

Atlantic Power Current Ratio vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Atlantic Power's current stock value. Our valuation model uses many indicators to compare Atlantic Power value to that of its competitors to determine the firm's financial worth.
Atlantic Power is the top company in revenue category among related companies. It is number one stock in current ratio category among related companies . The ratio of Revenue to Current Ratio for Atlantic Power is about  348,717,949 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Atlantic Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Atlantic Power's 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Atlantic Power's earnings, one of the primary drivers of an investment's value.

Atlantic Revenue vs. Competition

Atlantic Power is the top company in revenue category among related companies. Market size based on revenue of Utilities—Independent Power Producers industry is presently estimated at about 160.05 Billion. Atlantic Power adds roughly 272 Million in revenue claiming only tiny portion of Utilities—Independent Power Producers industry.

Atlantic Current Ratio vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Atlantic Power

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
272 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Atlantic Power

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.78 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Atlantic Current Ratio Comparison

Atlantic Power is currently under evaluation in current ratio category among related companies.

Atlantic Power Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Atlantic Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Atlantic Power will eventually generate negative long term returns. The profitability progress is the general direction of Atlantic Power's change in net profit over the period of time. It can combine multiple indicators of Atlantic Power, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. The company was incorporated in 2004 and is headquartered in Dedham, Massachusetts. Atlantic Power operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. It employs 261 people.

Atlantic Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Atlantic Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Atlantic Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Atlantic Power's important profitability drivers and their relationship over time.

Use Atlantic Power in pair-trading

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.

Atlantic Power Pair Trading

Atlantic Power Pair Trading Analysis

The ability to find closely correlated positions to Southwest Airlines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southwest Airlines 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 Southwest Airlines - 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 Southwest Airlines to buy it.
The correlation of Southwest Airlines 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 Southwest Airlines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southwest Airlines 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 Southwest Airlines 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Atlantic Power position

In addition to having Atlantic Power in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Social Domain Thematic Idea Now

Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Social Domain Theme or any other thematic opportunities.
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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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.
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