FuelCell Energy (Germany) Market Value

FEY2 Stock   9.83  0.40  4.24%   
FuelCell Energy's market value is the price at which a share of FuelCell Energy trades on a public exchange. It measures the collective expectations of FuelCell Energy investors about its performance. FuelCell Energy is selling for under 9.83 as of the 22nd of December 2024; that is 4.24 percent increase since the beginning of the trading day. The stock's last reported lowest price was 9.77.
With this module, you can estimate the performance of a buy and hold strategy of FuelCell Energy and determine expected loss or profit from investing in FuelCell Energy over a given investment horizon. Check out FuelCell Energy Correlation, FuelCell Energy Volatility and FuelCell Energy Alpha and Beta module to complement your research on FuelCell Energy.
For more information on how to buy FuelCell Stock please use our How to Invest in FuelCell Energy guide.
Symbol

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.
0.00
11/22/2024
No Change 0.00  0.0 
In 31 days
12/22/2024
0.00
If you would invest  0.00  in FuelCell Energy on November 22, 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 30 days. FuelCell Energy is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. 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.

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.
Hype
Prediction
LowEstimatedHigh
3.739.8315.93
Details
Intrinsic
Valuation
LowRealHigh
1.787.8813.98
Details

FuelCell Energy Backtested Returns

FuelCell Energy secures Sharpe Ratio (or Efficiency) of -0.0019, which denotes the company had a -0.0019% return per unit of risk over the last 3 months. FuelCell Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FuelCell Energy's Standard Deviation of 6.1, variance of 37.22, and Mean Deviation of 4.03 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.75, which means possible diversification benefits within a given portfolio. 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. At this point, FuelCell Energy has a negative expected return of -0.0118%. Please make sure to confirm FuelCell Energy's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if FuelCell Energy performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.29  

Weak reverse predictability

FuelCell Energy has weak reverse predictability. Overlapping area represents the amount of predictability between FuelCell Energy time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 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 FuelCell Energy price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current FuelCell Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test-0.21
Residual Average0.0
Price Variance0.64

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  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for FuelCell Stock Analysis

When running FuelCell Energy's price analysis, check to measure FuelCell 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 FuelCell Energy is operating at the current time. Most of FuelCell Energy's value examination focuses on studying past and present price action to predict the probability of FuelCell 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 FuelCell Energy's price. Additionally, you may evaluate how the addition of FuelCell Energy to your portfolios can decrease your overall portfolio volatility.