Fuelcell Energy Stock Market Value
| FCEL Stock | USD 11.87 1.09 10.11% |
| Symbol | FuelCell |
FuelCell Energy Price To Book Ratio
Is Electrical Components & 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 FuelCell Energy. If investors know FuelCell 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 FuelCell 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 (7.80) | Revenue Per Share 5.504 | Quarterly Revenue Growth (0.07) | Return On Assets (0.10) | Return On Equity (0.19) |
The market value of FuelCell Energy is measured differently than its book value, which is the value of FuelCell that is recorded on the company's balance sheet. Investors also form their own opinion of FuelCell Energy's value that differs from its market value or its book value, called intrinsic value, which is FuelCell 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 FuelCell Energy's market value can be influenced by many factors that don't directly affect FuelCell 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 FuelCell Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FuelCell Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FuelCell 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.
FuelCell 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 FuelCell 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 FuelCell Energy.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in FuelCell Energy on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding FuelCell Energy or generate 0.0% return on investment in FuelCell Energy over 180 days. FuelCell Energy is related to or competes with Bloom Energy, Microvast Holdings, Solid Power, Enovix Corp, Plug Power, FREYR Battery, and Polar Power. FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services st... More
FuelCell 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 FuelCell 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 FuelCell Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.41 | |||
| Information Ratio | 0.0129 | |||
| Maximum Drawdown | 35.77 | |||
| Value At Risk | (12.13) | |||
| Potential Upside | 14.57 |
FuelCell Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FuelCell Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FuelCell Energy's standard deviation. In reality, there are many statistical measures that can use FuelCell Energy historical prices to predict the future FuelCell Energy's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.2302 | |||
| Total Risk Alpha | (1.11) | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | 20.32 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FuelCell 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.
FuelCell Energy Backtested Returns
FuelCell Energy appears to be risky, given 3 months investment horizon. FuelCell Energy secures Sharpe Ratio (or Efficiency) of 0.0434, which denotes the company had a 0.0434% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FuelCell Energy, which you can use to evaluate the volatility of the firm. Please utilize FuelCell Energy's Mean Deviation of 5.45, coefficient of variation of 3332.81, and Downside Deviation of 6.41 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FuelCell Energy holds a performance score of 3. The firm shows a Beta (market volatility) of 0.0114, which means not very significant fluctuations relative to the market. As returns on the market increase, FuelCell Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding FuelCell Energy is expected to be smaller as well. Please check FuelCell Energy's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether FuelCell Energy's price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
FuelCell Energy has good predictability. Overlapping area represents the amount of predictability between FuelCell Energy time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 FuelCell Energy price movement. The serial correlation of 0.71 indicates that around 71.0% of current FuelCell Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 4.55 |
FuelCell Energy lagged returns against current returns
Autocorrelation, which is FuelCell 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 FuelCell Energy's stock expected returns. We can calculate the autocorrelation of FuelCell Energy returns to help us make a trade decision. For example, suppose you find that FuelCell 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 |
FuelCell 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 FuelCell Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FuelCell Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FuelCell Energy stock over time.
Current vs Lagged Prices |
| Timeline |
FuelCell Energy Lagged Returns
When evaluating FuelCell Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FuelCell Energy stock have on its future price. FuelCell 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, FuelCell Energy autocorrelation shows the relationship between FuelCell Energy stock current value and its past values and can show if there is a momentum factor associated with investing in FuelCell Energy.
Regressed Prices |
| Timeline |
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FuelCell 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.