AQN vs. NPI.TO
Compare and contrast key facts about Algonquin Power & Utilities Corp (AQN) and Northland Power Inc. (NPI.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AQN or NPI.TO.
Correlation
The correlation between AQN and NPI.TO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AQN vs. NPI.TO - Performance Comparison
Key characteristics
AQN:
-0.85
NPI.TO:
-0.62
AQN:
-1.07
NPI.TO:
-0.72
AQN:
0.87
NPI.TO:
0.91
AQN:
-0.37
NPI.TO:
-0.29
AQN:
-1.63
NPI.TO:
-1.60
AQN:
15.97%
NPI.TO:
10.12%
AQN:
30.38%
NPI.TO:
26.07%
AQN:
-69.72%
NPI.TO:
-55.95%
AQN:
-69.16%
NPI.TO:
-54.95%
Fundamentals
AQN:
$3.46B
NPI.TO:
CA$4.76B
AQN:
$0.54
NPI.TO:
-CA$0.60
AQN:
0.00
NPI.TO:
1.64
AQN:
$2.57B
NPI.TO:
CA$2.40B
AQN:
$1.56B
NPI.TO:
CA$1.85B
AQN:
$951.81M
NPI.TO:
CA$1.41B
Returns By Period
In the year-to-date period, AQN achieves a -27.10% return, which is significantly lower than NPI.TO's -18.24% return. Over the past 10 years, AQN has underperformed NPI.TO with an annualized return of -1.32%, while NPI.TO has yielded a comparatively higher 7.77% annualized return.
AQN
-27.10%
-6.79%
-21.59%
-26.78%
-16.42%
-1.32%
NPI.TO
-18.24%
-8.72%
-18.93%
-17.24%
-2.35%
7.77%
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Risk-Adjusted Performance
AQN vs. NPI.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Algonquin Power & Utilities Corp (AQN) and Northland Power Inc. (NPI.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AQN vs. NPI.TO - Dividend Comparison
AQN's dividend yield for the trailing twelve months is around 8.93%, less than NPI.TO's 10.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AQN Algonquin Power & Utilities Corp | 8.93% | 6.90% | 10.95% | 4.62% | 3.68% | 3.89% | 4.99% | 4.19% | 4.88% | 4.76% | 4.00% | 4.68% |
NPI.TO Northland Power Inc. | 10.90% | 6.95% | 5.01% | 5.04% | 4.11% | 6.77% | 5.53% | 4.67% | 4.64% | 5.79% | 7.06% | 6.98% |
Drawdowns
AQN vs. NPI.TO - Drawdown Comparison
The maximum AQN drawdown since its inception was -69.72%, which is greater than NPI.TO's maximum drawdown of -55.95%. Use the drawdown chart below to compare losses from any high point for AQN and NPI.TO. For additional features, visit the drawdowns tool.
Volatility
AQN vs. NPI.TO - Volatility Comparison
The current volatility for Algonquin Power & Utilities Corp (AQN) is 8.01%, while Northland Power Inc. (NPI.TO) has a volatility of 8.50%. This indicates that AQN experiences smaller price fluctuations and is considered to be less risky than NPI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
AQN vs. NPI.TO - Financials Comparison
This section allows you to compare key financial metrics between Algonquin Power & Utilities Corp and Northland Power Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities