Power Assets Holdings Stock Today
| HGKGY Stock | USD 5.84 0.15 2.64% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Power Assets is trading at 5.84 as of the 13th of May 2024; that is 2.64 percent up since the beginning of the trading day. The stock's open price was 5.69. Power Assets has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over 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 13th of April 2024 and ending today, the 13th of May 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
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Moving against Power Pink Sheet
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Follow Valuation Odds of Bankruptcy
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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.
| Chairman | Chi Wan |
| Business Concentration | Utilities, 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 42.07%. 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 has a beta of 0.1881. This usually indicates as returns on the market go up, Power Assets average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Power Assets Holdings will be expected to be much smaller as well. Additionally, power Assets Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Power Assets to move above the current price in 90 days from now is about 42.07 (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.
| Mean Deviation | 1.8 | |||
| Standard Deviation | 2.29 | |||
| Variance | 5.24 | |||
| Risk Adjusted Performance | 0.0019 |
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.Did you try this?
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| All Next | Launch Module |
Power Assets Corporate Management
Elected by the shareholders, the Power Assets' board of directors comprises two types of representatives: Power Assets inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Power. The board's role is to monitor Power Assets' management team and ensure that shareholders' interests are well served. Power Assets' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Power Assets' outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA BA | Chairman | Profile | |
| BAppScMechEng BSME | CEO Director | Profile | |
| MA MBA | Ex Director | Profile | |
| Wai LLB | Group Sec | Profile | |
| FCPA FCCA | Ex Director | Profile |
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Power Pink Sheet analysis
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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