Alternative Energy Stock Market Value
| AEGY Stock | USD 0.0001 0.00 0.00% |
| Symbol | Alternative |
Alternative Energy Price To Book Ratio
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alternative Energy. If investors know Alternative will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alternative Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (2.55) |
The market value of Alternative Energy is measured differently than its book value, which is the value of Alternative that is recorded on the company's balance sheet. Investors also form their own opinion of Alternative Energy's value that differs from its market value or its book value, called intrinsic value, which is Alternative Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alternative Energy's market value can be influenced by many factors that don't directly affect Alternative Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alternative Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alternative Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alternative Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Alternative 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 Alternative 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 Alternative Energy.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Alternative Energy on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Alternative Energy or generate 0.0% return on investment in Alternative Energy over 720 days. Alternative Energy is related to or competes with Alibaba Health, Walgreens Boots, Alibaba Health, Leafly Holdings, and High Tide. Alternative Energy Partners, Inc., a development stage company, is engaged in providing support services for medical mar... More
Alternative 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 Alternative 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 Alternative Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0935 | |||
| Maximum Drawdown | 480.0 |
Alternative Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alternative Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alternative Energy's standard deviation. In reality, there are many statistical measures that can use Alternative Energy historical prices to predict the future Alternative Energy's volatility.| Risk Adjusted Performance | 0.0834 | |||
| Jensen Alpha | 4.57 | |||
| Total Risk Alpha | (3.57) | |||
| Treynor Ratio | 2.28 |
Alternative Energy Backtested Returns
Alternative Energy secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Alternative Energy exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alternative Energy's Standard Deviation of 50.36, risk adjusted performance of 0.0834, and Mean Deviation of 11.97 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.12, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alternative Energy will likely underperform. At this point, Alternative Energy has a negative expected return of -1.25%. Please make sure to confirm Alternative Energy's treynor ratio and day median price , to decide if Alternative Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Alternative Energy has no correlation between past and present. Overlapping area represents the amount of predictability between Alternative Energy time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Alternative Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current Alternative Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alternative Energy lagged returns against current returns
Autocorrelation, which is Alternative 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 Alternative Energy's stock expected returns. We can calculate the autocorrelation of Alternative Energy returns to help us make a trade decision. For example, suppose you find that Alternative 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 |
Alternative 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 Alternative Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alternative Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alternative Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Alternative Energy Lagged Returns
When evaluating Alternative Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alternative Energy stock have on its future price. Alternative 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, Alternative Energy autocorrelation shows the relationship between Alternative Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Alternative Energy.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Alternative Stock Analysis
When running Alternative Energy's price analysis, check to measure Alternative 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 Alternative Energy is operating at the current time. Most of Alternative Energy's value examination focuses on studying past and present price action to predict the probability of Alternative 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 Alternative Energy's price. Additionally, you may evaluate how the addition of Alternative Energy to your portfolios can decrease your overall portfolio volatility.