Altus Power Etf Performance
| AMPS Etf | USD 4.32 0.04 0.92% |
The etf shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. Altus Power returns are very sensitive to returns on the market. As the market goes up or down, Altus Power is expected to follow.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Altus Power are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Altus Power unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Dividend Date 2015-08-07 |
1 | Disposition of 181125 shares by Cbre Acquisition Sponsor, Llc of Altus Power subject to Rule 16b-3 | 09/06/2024 |
2 | US spot Bitcoin ETFs continue net inflow streak, reaching 365 million on sixth day - The Block | 09/26/2024 |
3 | Altus Power Upgraded to Buy Heres Why | 10/21/2024 |
4 | Altus Power Names Skylar Werde as Head of Community Solar | 10/29/2024 |
5 | Altus Power, Inc. Sees Large Increase in Short Interest | 11/01/2024 |
6 | Based On Its ROE, Is Altus Power, Inc. A High Quality Stock | 11/07/2024 |
7 | Altus Power Inc Q3 2024 Earnings EPS of 0.11, Revenue Surpasses Estimates at 58.7 Million | 11/12/2024 |
8 | Q3 2024 Altus Power Inc Earnings Call Transcript | 11/13/2024 |
9 | Altus Power Examining Profit Boosts and Long-Term Sustainability | 11/19/2024 |
10 | Altus Power Announces Acquisition of 3.4 MW Community Solar Development Project in Maryland from Chaberton Energy | 11/21/2024 |
| Begin Period Cash Flow | 199.4 M |
Altus |
Altus Power Relative Risk vs. Return Landscape
If you would invest 297.00 in Altus Power on August 31, 2024 and sell it today you would earn a total of 135.00 from holding Altus Power or generate 45.45% return on investment over 90 days. Altus Power is currently generating 0.7792% in daily expected returns and assumes 6.4469% risk (volatility on return distribution) over the 90 days horizon. In different words, 57% of etfs are less volatile than Altus, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Altus Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altus Power's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Altus Power, and traders can use it to determine the average amount a Altus Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1209
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Estimated Market Risk
| 6.45 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Altus Power is performing at about 9% of its full potential. 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 Altus Power by adding it to a well-diversified portfolio.
Altus Power Fundamentals Growth
Altus Etf prices reflect investors' perceptions of the future prospects and financial health of Altus Power, and Altus Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altus Etf performance.
| Return On Equity | 0.0105 | ||||
| Return On Asset | 0.0095 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 2.12 B | ||||
| Shares Outstanding | 160 M | ||||
| Price To Earning | 15.90 X | ||||
| Price To Book | 1.36 X | ||||
| Price To Sales | 3.75 X | ||||
| Revenue | 155.16 M | ||||
| EBITDA | 76.86 M | ||||
| Cash And Equivalents | 290.89 M | ||||
| Cash Per Share | 1.83 X | ||||
| Total Debt | 1.39 B | ||||
| Debt To Equity | 1.44 % | ||||
| Book Value Per Share | 3.22 X | ||||
| Cash Flow From Operations | 79.36 M | ||||
| Earnings Per Share | 0.21 X | ||||
| Total Asset | 2.09 B | ||||
| Retained Earnings | (55.27 M) | ||||
About Altus Power Performance
Assessing Altus Power's fundamental ratios provides investors with valuable insights into Altus Power's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Altus Power is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Altus Power, Inc., a clean electrification company, originates, develops, owns, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. Altus Power is listed under UtilitiesRenewable in the United States and is traded on New York Stock Exchange exchange.| Altus Power is way too risky over 90 days horizon | |
| Altus Power appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 155.16 M. Net Loss for the year was (9.36 M) with profit before overhead, payroll, taxes, and interest of 83.63 M. | |
| About 56.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Altus Power Announces Acquisition of 3.4 MW Community Solar Development Project in Maryland from Chaberton Energy | |
| The fund holds roughly 96.33% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Altus Etf
Altus Power financial ratios help investors to determine whether Altus Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Power security.