PNW vs. AQN.TO
Compare and contrast key facts about Pinnacle West Capital Corporation (PNW) and Algonquin Power & Utilities Corp. (AQN.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PNW or AQN.TO.
Key characteristics
| PNW | AQN.TO | |
|---|---|---|
| YTD Return | 10.60% | 10.35% |
| 1Y Return | 3.33% | -15.36% |
| 3Y Return (Ann) | 1.20% | -16.52% |
| 5Y Return (Ann) | 0.01% | -5.56% |
| 10Y Return (Ann) | 7.59% | 6.29% |
| Sharpe Ratio | 0.07 | -0.58 |
| Daily Std Dev | 20.21% | 28.29% |
| Max Drawdown | -79.18% | -78.58% |
| Current Drawdown | -9.44% | -51.41% |
Fundamentals
| PNW | AQN.TO | |
|---|---|---|
| Market Cap | $8.77B | CA$6.19B |
| EPS | $4.59 | CA$0.04 |
| PE Ratio | 16.83 | 224.50 |
| PEG Ratio | 2.64 | 1.41 |
| Revenue (TTM) | $4.70B | CA$2.70B |
| Gross Profit (TTM) | $1.71B | CA$1.05B |
| EBITDA (TTM) | $1.75B | CA$944.79M |
Correlation
The correlation between PNW and AQN.TO is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PNW vs. AQN.TO - Performance Comparison
The year-to-date returns for both stocks are quite close, with PNW having a 10.60% return and AQN.TO slightly lower at 10.35%. Over the past 10 years, PNW has outperformed AQN.TO with an annualized return of 7.59%, while AQN.TO has yielded a comparatively lower 6.29% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PNW vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pinnacle West Capital Corporation (PNW) and Algonquin Power & Utilities Corp. (AQN.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
PNW vs. AQN.TO - Dividend Comparison
PNW's dividend yield for the trailing twelve months is around 4.52%, less than AQN.TO's 6.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNW Pinnacle West Capital Corporation | 4.52% | 4.84% | 4.49% | 4.73% | 3.97% | 3.33% | 3.31% | 3.12% | 3.24% | 3.74% | 3.36% | 4.16% |
AQN.TO Algonquin Power & Utilities Corp. | 6.40% | 6.94% | 10.63% | 4.61% | 3.90% | 3.96% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
PNW vs. AQN.TO - Drawdown Comparison
The maximum PNW drawdown since its inception was -79.18%, roughly equal to the maximum AQN.TO drawdown of -78.58%. Use the drawdown chart below to compare losses from any high point for PNW and AQN.TO. For additional features, visit the drawdowns tool.
Volatility
PNW vs. AQN.TO - Volatility Comparison
The current volatility for Pinnacle West Capital Corporation (PNW) is 3.60%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 7.62%. This indicates that PNW experiences smaller price fluctuations and is considered to be less risky than AQN.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PNW vs. AQN.TO - Financials Comparison
This section allows you to compare key financial metrics between Pinnacle West Capital Corporation and Algonquin Power & Utilities Corp.. 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