Bloom Energy Corp Stock Market Value
| BE Stock | USD 27.21 1.04 3.97% |
| Symbol | Bloom |
Bloom Energy Corp Price To Book Ratio
Is Heavy Electrical Equipment 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 Bloom Energy. If investors know Bloom 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 Bloom Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 5.562 | Quarterly Revenue Growth (0.17) | Return On Assets (0.02) | Return On Equity (0.27) |
The market value of Bloom Energy Corp is measured differently than its book value, which is the value of Bloom that is recorded on the company's balance sheet. Investors also form their own opinion of Bloom Energy's value that differs from its market value or its book value, called intrinsic value, which is Bloom 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 Bloom Energy's market value can be influenced by many factors that don't directly affect Bloom 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 Bloom Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bloom Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bloom 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.
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.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Bloom Energy on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Bloom Energy Corp or generate 0.0% return on investment in Bloom Energy over 30 days. Bloom Energy is related to or competes with Plug Power, Microvast Holdings, Solid Power, CBAK Energy, FuelCell Energy, Enovix Corp, and FREYR Battery. Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power gene... 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 Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.59 | |||
| Information Ratio | 0.1583 | |||
| Maximum Drawdown | 62.65 | |||
| Value At Risk | (4.95) | |||
| Potential Upside | 7.9 |
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 | 0.1417 | |||
| Jensen Alpha | 1.45 | |||
| Total Risk Alpha | 0.127 | |||
| Sortino Ratio | 0.3811 | |||
| Treynor Ratio | 5.44 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bloom Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Bloom Energy Corp Backtested Returns
Bloom Energy is somewhat reliable given 3 months investment horizon. Bloom Energy Corp secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.62% are justified by taking the suggested risk. Use Bloom Energy Risk Adjusted Performance of 0.1417, downside deviation of 3.59, and Mean Deviation of 4.46 to evaluate company specific risk that cannot be diversified away. Bloom Energy holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bloom Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bloom Energy is expected to be smaller as well. Use Bloom Energy maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to analyze future returns on Bloom Energy.
Auto-correlation | 0.64 |
Good predictability
Bloom Energy Corp has good predictability. Overlapping area represents the amount of predictability between Bloom Energy time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Corp price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Bloom Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 21.2 |
Bloom Energy Corp 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 Corp.
Regressed Prices |
| Timeline |
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Bloom Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.