Altern Energy Financials
| ALTN Stock | 23.00 0.19 0.83% |
Altern |
Understanding current and past Altern Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altern Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Altern Energy's assets may result in an increase in income on the income statement.
Please note, the presentation of Altern Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Altern Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Altern Energy's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | Pakistan Stock View All |
| Exchange | Karachi Stock Exchange |
| ISIN | PK0077001011 |
| Sector | Utilities |
| Industry | Independent Power and Renewable Electricity Producers |
| Benchmark | Dow Jones Industrial |
Altern Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altern Energy's current stock value. Our valuation model uses many indicators to compare Altern Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altern Energy competition to find correlations between indicators driving Altern Energy's intrinsic value. More Info.Altern Energy is the top company in revenue category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.25 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Altern Energy is roughly 3.99 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altern Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altern Energy's Stock. 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.Altern Energy Systematic Risk
Altern Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altern 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Altern Energy correlated with the market. If Beta is less than 0 Altern Energy generally moves in the opposite direction as compared to the market. If Altern Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altern Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altern Energy is generally in the same direction as the market. If Beta > 1 Altern Energy moves generally in the same direction as, but more than the movement of the benchmark.
Altern Energy January 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altern Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altern Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altern Energy based on widely used predictive technical indicators. In general, we focus on analyzing Altern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altern Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.1956 | |||
| Maximum Drawdown | 14.7 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 4.81 |
Complementary Tools for Altern Stock analysis
When running Altern Energy's price analysis, check to measure Altern Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altern Energy is operating at the current time. Most of Altern Energy's value examination focuses on studying past and present price action to predict the probability of Altern Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altern Energy's price. Additionally, you may evaluate how the addition of Altern Energy to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |