Alternus Energy (Norway) Performance
| ALT Stock | 0.58 0.13 28.89% |
Alternus Energy holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -1.16, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alternus Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Alternus Energy is expected to outperform it. Use Alternus Energy expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Alternus Energy.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Alternus Energy Group are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite unfluctuating basic indicators, Alternus Energy disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.4 M | |
| Total Cashflows From Investing Activities | -113.5 M |
Alternus |
Alternus Energy Relative Risk vs. Return Landscape
If you would invest 26.00 in Alternus Energy Group on December 24, 2024 and sell it today you would earn a total of 19.00 from holding Alternus Energy Group or generate 73.08% return on investment over 90 days. Alternus Energy Group is generating 2.5894% of daily returns assuming 19.5382% volatility of returns over the 90 days investment horizon. Simply put, majority of traded equity instruments are less risky than Alternus on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Alternus Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alternus Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alternus Energy Group, and traders can use it to determine the average amount a Alternus Energy'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 = 0.1325
| Best Portfolio | Best Equity | |||
| Good Returns | ALT | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 19.54 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.59 actual daily | 52 52% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Alternus Energy is performing at about 10% 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 Alternus Energy by adding it to a well-diversified portfolio.
Alternus Energy Fundamentals Growth
Alternus Stock prices reflect investors' perceptions of the future prospects and financial health of Alternus Energy, and Alternus Energy 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 Alternus Stock performance.
| Return On Equity | -0.2 | |||
| Return On Asset | 0.0204 | |||
| Profit Margin | (0.21) % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 2.24 B | |||
| Shares Outstanding | 26.37 M | |||
| Price To Book | 1.28 X | |||
| Price To Sales | 13.50 X | |||
| Revenue | 7.45 M | |||
| EBITDA | 29.33 M | |||
| Total Debt | 148.34 M | |||
| Book Value Per Share | 1.33 X | |||
| Cash Flow From Operations | (8.43 M) | |||
| Earnings Per Share | 0.96 X | |||
| Total Asset | 214.91 M | |||
About Alternus Energy Performance
By examining Alternus Energy's fundamental ratios, stakeholders can obtain critical insights into Alternus Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Alternus Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Alternus Energy Group performance evaluation
Checking the ongoing alerts about Alternus Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alternus Energy Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alternus Energy is way too risky over 90 days horizon | |
| Alternus Energy has some characteristics of a very speculative penny stock | |
| Alternus Energy appears to be risky and price may revert if volatility continues | |
| Alternus Energy generates negative cash flow from operations |
- Analyzing Alternus Energy'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 Alternus Energy's stock is overvalued or undervalued compared to its peers.
- Examining Alternus Energy'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 Alternus Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alternus Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alternus Energy's stock. These opinions can provide insight into Alternus Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Alternus Stock
Alternus Energy financial ratios help investors to determine whether Alternus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alternus with respect to the benefits of owning Alternus Energy security.