Alternus Energy Group Stock Price on November 29, 2024
| ALTNF Stock | 0.06 0.00 0.00% |
If you're considering investing in Alternus Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Alternus Energy stands at 0.06, as last reported on the 27th of February, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day. Alternus Energy Group secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Alternus Energy Group exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alternus Energy's Mean Deviation of 2.64, risk adjusted performance of (0.08), and Standard Deviation of 10.89 to double-check the risk estimate we provide.
Alternus Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Alternus |
Sharpe Ratio = -0.1302
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| Negative Returns | ALTNF |
Estimated Market Risk
| 11.52 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alternus Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alternus Energy by adding Alternus Energy to a well-diversified portfolio.
Alternus Energy Valuation on November 29, 2024
It is possible to determine the worth of Alternus Energy on a given historical date. On November 29, 2024 Alternus was worth 0.52 at the beginning of the trading date compared to the closed value of 0.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alternus Energy pink sheet. Still, in general, we apply an absolute valuation method to find Alternus Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alternus Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alternus Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.52 | 0.52 | 0.52 | 0.52 | 1.00 | |
11/29/2024 | 0.52 | 0.52 | 0.52 | 0.52 | 1.00 |
| 0.52 | 0.52 | 0.52 | 0.52 | 1.00 |
| Backtest Alternus Energy | | | Alternus Energy History | Previous | Next |
Alternus Energy Trading Date Momentum on November 29, 2024
| On December 02 2024 Alternus Energy Group was traded for 0.52 at the closing time. The highest daily price throughout the period was 0.52 and the lowest price was 0.52 . There was no trading activity during the period 1.0. Lack of trading volume on 12/02/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Price Boundaries
Alternus Energy Period Price Range
Low | February 27, 2025
| High |
0.00 | 0.00 |
Alternus Energy Group cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alternus Energy February 27, 2025 Market Strength
Market strength indicators help investors to evaluate how Alternus Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alternus Energy shares will generate the highest return on investment. By undertsting and applying Alternus Energy pink sheet market strength indicators, traders can identify Alternus Energy Group entry and exit signals to maximize returns
Alternus Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alternus Energy's price direction in advance. Along with the technical and fundamental analysis of Alternus Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alternus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.36) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | 0.7584 |
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Complementary Tools for Alternus Pink Sheet analysis
When running Alternus Energy's price analysis, check to measure Alternus 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 Alternus Energy is operating at the current time. Most of Alternus Energy's value examination focuses on studying past and present price action to predict the probability of Alternus 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 Alternus Energy's price. Additionally, you may evaluate how the addition of Alternus Energy to your portfolios can decrease your overall portfolio volatility.
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