Altenergy Acquisition Corp Performance
| AEAEUDelisted Stock | USD 10.72 0.00 0.00% |
On a scale of 0 to 100, Altenergy Acquisition holds a performance score of 2. The firm shows a Beta (market volatility) of 0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altenergy Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altenergy Acquisition is expected to be smaller as well. Please check Altenergy Acquisition's value at risk, as well as the relationship between the skewness and relative strength index , to make a quick decision on whether Altenergy Acquisition's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altenergy Acquisition Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain technical and fundamental indicators, Altenergy Acquisition unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 212.2 K |
Altenergy |
Altenergy Acquisition Relative Risk vs. Return Landscape
If you would invest 1,106 in Altenergy Acquisition Corp on October 10, 2024 and sell it today you would lose (34.00) from holding Altenergy Acquisition Corp or give up 3.07% of portfolio value over 90 days. Altenergy Acquisition Corp is currently producing 0.2782% returns and takes up 9.1498% volatility of returns over 90 trading days. Put another way, 81% of traded stocks are less volatile than Altenergy, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Altenergy Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altenergy Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altenergy Acquisition Corp, and traders can use it to determine the average amount a Altenergy Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0304
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Estimated Market Risk
| 9.15 actual daily | 81 81% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Altenergy Acquisition is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Altenergy Acquisition by adding it to a well-diversified portfolio.
Altenergy Acquisition Fundamentals Growth
Altenergy Stock prices reflect investors' perceptions of the future prospects and financial health of Altenergy Acquisition, and Altenergy Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altenergy Stock performance.
| Return On Asset | -0.12 | ||||
| Current Valuation | 54.05 M | ||||
| Price To Earning | 7.87 X | ||||
| EBITDA | 5.44 M | ||||
| Cash And Equivalents | 348.87 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1000 K | ||||
| Book Value Per Share | (2.27) X | ||||
| Cash Flow From Operations | (2.56 M) | ||||
| Earnings Per Share | 1.28 X | ||||
| Total Asset | 17.95 M | ||||
| Retained Earnings | (12.86 M) | ||||
About Altenergy Acquisition Performance
Assessing Altenergy Acquisition's fundamental ratios provides investors with valuable insights into Altenergy Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Altenergy Acquisition is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
AltEnergy Acquisition Corp. does not have significant operations. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York. Altenergy Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.Things to note about Altenergy Acquisition performance evaluation
Checking the ongoing alerts about Altenergy Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altenergy Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altenergy Acquisition is not yet fully synchronised with the market data | |
| Altenergy Acquisition had very high historical volatility over the last 90 days | |
| Altenergy Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Altenergy Acquisition Corp has accumulated about 348.87 K in cash with (2.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Altenergy Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altenergy Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Altenergy Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altenergy Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altenergy Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altenergy Acquisition's stock. These opinions can provide insight into Altenergy Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Altenergy Stock
If you are still planning to invest in Altenergy Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altenergy Acquisition's history and understand the potential risks before investing.
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