Ninepoint Energy Financials
| 0P0000732C | CAD 27.78 0.05 0.18% |
Ninepoint |
Please note that past performance is not an indicator of the future performance of Ninepoint Energy, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future.
Ninepoint Energy Fund Summary
Ninepoint Energy competes with Global Healthcare, CI Global, and Mawer Canadien. The Fund invests primarily in equity and equity-related securities of companies that are involved directly or indirectly in the exploration, development, production and distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector. Ninepoint Energy is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Fund View All |
| Exchange | Toronto Exchange |
| Business Address | 200 Bay Street, |
| Fund Family | Ninepoint Partners LP |
| Fund Category | Energy Equity |
| Benchmark | Dow Jones Industrial |
| Phone | 866 299 9906 |
| Currency | CAD - Canadian Dollar |
Ninepoint Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ninepoint Energy's current stock value. Our valuation model uses many indicators to compare Ninepoint Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ninepoint Energy competition to find correlations between indicators driving Ninepoint Energy's intrinsic value. More Info.Ninepoint Energy is rated below average in one year return among similar funds. It also is rated below average in three year return among similar funds . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ninepoint Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ninepoint Energy's Fund. 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.Ninepoint Energy Systematic Risk
Ninepoint Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ninepoint Energy 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Ninepoint Energy correlated with the market. If Beta is less than 0 Ninepoint Energy generally moves in the opposite direction as compared to the market. If Ninepoint Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ninepoint Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ninepoint Energy is generally in the same direction as the market. If Beta > 1 Ninepoint Energy moves generally in the same direction as, but more than the movement of the benchmark.
Ninepoint Energy Thematic Clasifications
Ninepoint Energy is part of Energy Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in energy sector, natural resources, and Ecology. Funds or Etfs investing in energy sector, natural resources, and ecology
This theme covers Funds investing in energy sector, natural resources, and Ecology. Funds or Etfs investing in energy sector, natural resources, and ecology. Get More Thematic Ideas
Ninepoint Energy is fourth largest fund in net asset among similar funds. Total Asset Under Management (AUM) of Energy Equity category is currently estimated at about 3.3 Billion. Ninepoint Energy holds roughly 84.45 Million in net asset claiming about 2.56% of all funds under Energy Equity category.| Energy Funds | View |
Ninepoint Energy December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ninepoint Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ninepoint Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ninepoint Energy based on widely used predictive technical indicators. In general, we focus on analyzing Ninepoint Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ninepoint Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.02 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.37 |
Other Information on Investing in Ninepoint Fund
Ninepoint Energy financial ratios help investors to determine whether Ninepoint Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ninepoint with respect to the benefits of owning Ninepoint Energy security.
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| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |