Energy Vault Executes EPC and OM Contract with ACEN Australia for 200 MW400 MWh of Battery Energy Storage Deployments
Slightly above 67% of Energy Vault's investor base is looking to short. The analysis of overall sentiment of trading Energy Vault Holdings stock suggests that many investors are alarmed at this time. Energy Vault's investing sentiment can be driven by a variety of factors including economic data, Energy Vault's earnings reports, geopolitical events, and overall market trends.
Energy |
WESTLAKE VILLAGE, Calif., June 03, 2024--Energy Vault Holdings, Inc. , a leader in sustainable, grid-scale energy storage solutions, today announced the execution of a contract with ACEN Australia for the previously announced deployments of two battery energy storage systems totaling 400 MWh in Australia.
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Energy Vault Fundamental Analysis
We analyze Energy Vault's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Vault using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy Vault based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Energy Vault is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Energy Vault Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Energy Vault stock to make a market-neutral strategy. Peer analysis of Energy Vault could also be used in its relative valuation, which is a method of valuing Energy Vault by comparing valuation metrics with similar companies.
Peers
Energy Vault Related Equities
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Other Tools for Energy Stock
When running Energy Vault's price analysis, check to measure Energy Vault'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 Energy Vault is operating at the current time. Most of Energy Vault's value examination focuses on studying past and present price action to predict the probability of Energy Vault's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Vault's price. Additionally, you may evaluate how the addition of Energy Vault to your portfolios can decrease your overall portfolio volatility.
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