RNW.TO vs. AQN.TO
Compare and contrast key facts about TransAlta Renewables Inc. (RNW.TO) 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: RNW.TO or AQN.TO.
Key characteristics
| RNW.TO | AQN.TO |
|---|
Fundamentals
| RNW.TO | AQN.TO | |
|---|---|---|
| Market Cap | CA$3.33B | CA$5.63B |
| EPS | CA$0.30 | CA$0.04 |
| PE Ratio | 41.60 | 204.25 |
| PEG Ratio | 3.50 | 1.41 |
| Revenue (TTM) | CA$496.00M | CA$2.70B |
| Gross Profit (TTM) | CA$258.00M | CA$1.05B |
| EBITDA (TTM) | CA$231.00M | CA$944.79M |
Correlation
The correlation between RNW.TO and AQN.TO is 0.45, 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
RNW.TO vs. AQN.TO - Performance Comparison
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
RNW.TO vs. AQN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Renewables Inc. (RNW.TO) 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
RNW.TO vs. AQN.TO - Dividend Comparison
RNW.TO has not paid dividends to shareholders, while AQN.TO's dividend yield for the trailing twelve months is around 6.89%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNW.TO TransAlta Renewables Inc. | 3.14% | 5.65% | 8.36% | 5.01% | 4.32% | 6.06% | 8.31% | 6.76% | 6.14% | 7.88% | 6.71% | 2.70% |
AQN.TO Algonquin Power & Utilities Corp. | 6.89% | 6.94% | 10.63% | 4.61% | 3.90% | 3.96% | 4.82% | 4.27% | 4.82% | 4.50% | 3.83% | 4.53% |
Drawdowns
RNW.TO vs. AQN.TO - Drawdown Comparison
Volatility
RNW.TO vs. AQN.TO - Volatility Comparison
The current volatility for TransAlta Renewables Inc. (RNW.TO) is 0.00%, while Algonquin Power & Utilities Corp. (AQN.TO) has a volatility of 9.62%. This indicates that RNW.TO 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
RNW.TO vs. AQN.TO - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Renewables Inc. 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