Bloom Energy (Germany) Market Value
| 1ZB Stock | EUR 22.42 0.48 2.10% |
| Symbol | Bloom |
Bloom Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bloom Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bloom Energy.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Bloom Energy on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Bloom Energy or generate 0.0% return on investment in Bloom Energy over 180 days. Bloom Energy is related to or competes with Delta Electronics, YASKAWA ELEC, Plug Power, VERTIV HOLCL, OSRAM LICHT, Alfen NV. Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation in ... More
Bloom Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bloom Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bloom Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.42 | |||
| Information Ratio | 0.1645 | |||
| Maximum Drawdown | 94.37 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 10.45 |
Bloom Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bloom Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bloom Energy's standard deviation. In reality, there are many statistical measures that can use Bloom Energy historical prices to predict the future Bloom Energy's volatility.| Risk Adjusted Performance | 0.1419 | |||
| Jensen Alpha | 1.83 | |||
| Total Risk Alpha | 1.52 | |||
| Sortino Ratio | 0.4073 | |||
| Treynor Ratio | (3.91) |
Bloom Energy Backtested Returns
Bloom Energy is slightly risky given 3 months investment horizon. Bloom Energy secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.67% are justified by taking the suggested risk. Use Bloom Energy Mean Deviation of 4.97, downside deviation of 4.42, and Risk Adjusted Performance of 0.1419 to evaluate company specific risk that cannot be diversified away. Bloom Energy holds a performance score of 12 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bloom Energy are expected to decrease at a much lower rate. During the bear market, Bloom Energy is likely to outperform the market. Use Bloom Energy downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Bloom Energy.
Auto-correlation | -0.65 |
Very good reverse predictability
Bloom Energy has very good reverse predictability. Overlapping area represents the amount of predictability between Bloom Energy time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bloom Energy price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Bloom Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 49.53 |
Bloom Energy lagged returns against current returns
Autocorrelation, which is Bloom Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Bloom Energy's stock expected returns. We can calculate the autocorrelation of Bloom Energy returns to help us make a trade decision. For example, suppose you find that Bloom Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Bloom Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Bloom Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bloom Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bloom Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Bloom Energy Lagged Returns
When evaluating Bloom Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bloom Energy stock have on its future price. Bloom Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Bloom Energy autocorrelation shows the relationship between Bloom Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Bloom Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Bloom Stock
Bloom Energy financial ratios help investors to determine whether Bloom Stock 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 Bloom with respect to the benefits of owning Bloom Energy security.