Analysis for Hydro One
Description & usage
Hydro One operates regulated electricity transmission and distribution networks in Ontario. The company benefits from monopoly-like network assets and long-term modernization demand. Key drivers are rate outcomes, capex levels, financing costs, and grid reliability.
Basic info
- Symbol
- H.TO
- Type
- Stock
- Region
- Canada
- Sector
- Utilities
- Available history
- 10.4 years
- Last trading day
- 04/02/2026
Basic info
- Symbol
- H.TO
- Type
- Stock
- Region
- Canada
- Sector
- Utilities
- Available history
- 10.4 years
- Last trading day
- 04/02/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
Hydro One (H.TO) currently has a total score of 74 points, placing it in the strong range. The score is made up of Performance (64), Stability (90) and Trend (74). All three sub-scores are currently above average.
Performance scores 64 points (strong). Key strength: 5Y return at 96.8 %. Main drag: 1Y return at 18.7 %.
Stability scores 90 points (very strong). Best-ranked metric: max drawdown (5Y) at -18.4 %. Even the weakest metric remains solid in absolute terms: Sortino ratio (90d) at 1.27. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 74 points (strong). Key strength: trend strength at 0.80. Main drag: 12M momentum at 18.6 %.
Overall, the profile has a clear strength in Stability, while Performance is the main limiter. On a metric level, max drawdown (5Y) stands out, while 12M momentum is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For this asset type, the current backdrop looks mixed rather than clearly directional.
Note: ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.