Altenergy Acquisition Stock Forecast - Naive Prediction
| AEAE Stock | USD 12.01 0.00 0.00% |
Altenergy Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Altenergy Acquisition stock prices and determine the direction of Altenergy Acquisition Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Altenergy Acquisition's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Altenergy Acquisition's share price is below 20 . This suggests that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth (0.93) |
Using Altenergy Acquisition hype-based prediction, you can estimate the value of Altenergy Acquisition Corp from the perspective of Altenergy Acquisition response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Altenergy Acquisition Corp on the next trading day is expected to be 13.20 with a mean absolute deviation of 0.66 and the sum of the absolute errors of 40.34. Altenergy Acquisition after-hype prediction price | USD 12.01 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Altenergy Acquisition Additional Predictive Modules
Most predictive techniques to examine Altenergy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Altenergy using various technical indicators. When you analyze Altenergy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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Altenergy Acquisition Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Altenergy Acquisition's financial statements to predict how it will affect future prices.
Cash | First Reported 2010-12-31 | Previous Quarter 16.6 K | Current Value 15.8 K | Quarterly Volatility 430.2 K |
Altenergy Acquisition Naive Prediction Price Forecast For the 27th of January
Given 90 days horizon, the Naive Prediction forecasted value of Altenergy Acquisition Corp on the next trading day is expected to be 13.20 with a mean absolute deviation of 0.66, mean absolute percentage error of 1.01, and the sum of the absolute errors of 40.34.Please note that although there have been many attempts to predict Altenergy Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Altenergy Acquisition's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Altenergy Acquisition Stock Forecast Pattern
| Backtest Altenergy Acquisition | Altenergy Acquisition Price Prediction | Buy or Sell Advice |
Altenergy Acquisition Forecasted Value
In the context of forecasting Altenergy Acquisition's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Altenergy Acquisition's downside and upside margins for the forecasting period are 8.49 and 17.91, respectively. We have considered Altenergy Acquisition's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Altenergy Acquisition stock data series using in forecasting. Note that when a statistical model is used to represent Altenergy Acquisition stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.1175 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.6613 |
| MAPE | Mean absolute percentage error | 0.047 |
| SAE | Sum of the absolute errors | 40.3364 |
Predictive Modules for Altenergy Acquisition
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altenergy Acquisition. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Altenergy Acquisition After-Hype Price Density Analysis
As far as predicting the price of Altenergy Acquisition at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Altenergy Acquisition or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Altenergy Acquisition, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Altenergy Acquisition Estimiated After-Hype Price Volatility
In the context of predicting Altenergy Acquisition's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Altenergy Acquisition's historical news coverage. Altenergy Acquisition's after-hype downside and upside margins for the prediction period are 7.30 and 16.72, respectively. We have considered Altenergy Acquisition's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Altenergy Acquisition is somewhat reliable at this time. Analysis and calculation of next after-hype price of Altenergy Acquisition is based on 3 months time horizon.
Altenergy Acquisition Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Altenergy Acquisition is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altenergy Acquisition backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Altenergy Acquisition, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.60 | 4.71 | 0.00 | 0.15 | 1 Events / Month | 2 Events / Month | Very soon |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
12.01 | 12.01 | 0.00 |
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Altenergy Acquisition Hype Timeline
Altenergy Acquisition is presently traded for 12.01. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.15. Altenergy is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at -0.6%. %. The volatility of related hype on Altenergy Acquisition is about 1827.16%, with the expected price after the next announcement by competition of 12.16. About 91.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.43. Altenergy Acquisition had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be very soon. Check out Historical Fundamental Analysis of Altenergy Acquisition to cross-verify your projections.Altenergy Acquisition Related Hype Analysis
Having access to credible news sources related to Altenergy Acquisition's direct competition is more important than ever and may enhance your ability to predict Altenergy Acquisition's future price movements. Getting to know how Altenergy Acquisition's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Altenergy Acquisition may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| USCTF | Roth CH Acquisition | 0.00 | 0 per month | 6.72 | 0.10 | 4.84 | (9.26) | 156.36 | |
| PUCK | Goal Acquisitions Corp | 0.00 | 6 per month | 0.00 | (0.17) | 0.00 | 0.00 | 14.26 | |
| LGYV | Legacy Ventures International | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| XTPT | Xtra Energy Corp | 10.31 | 3 per month | 7.51 | 0.03 | 12.73 | (12.50) | 44.00 | |
| PPYA | Papaya Growth Opportunity | 0.00 | 5 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CNDA | Concord Acquisition Corp | 0.00 | 6 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BYNO | Bynordic Acquisition Corp | 0.00 | 0 per month | 0.00 | (0.16) | 0.00 | 0.00 | 5.12 | |
| ATEK | Athena Technology Acquisition | 0.00 | 2 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| NBST | Newbury Street Acquisition | (7.99) | 6 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Forecasting Options for Altenergy Acquisition
For every potential investor in Altenergy, whether a beginner or expert, Altenergy Acquisition's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Altenergy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Altenergy. Basic forecasting techniques help filter out the noise by identifying Altenergy Acquisition's price trends.Altenergy Acquisition Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Altenergy Acquisition stock to make a market-neutral strategy. Peer analysis of Altenergy Acquisition could also be used in its relative valuation, which is a method of valuing Altenergy Acquisition by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Altenergy Acquisition Market Strength Events
Market strength indicators help investors to evaluate how Altenergy Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altenergy Acquisition shares will generate the highest return on investment. By undertsting and applying Altenergy Acquisition stock market strength indicators, traders can identify Altenergy Acquisition Corp entry and exit signals to maximize returns.
Altenergy Acquisition Risk Indicators
The analysis of Altenergy Acquisition's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Altenergy Acquisition's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting altenergy stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.79 | |||
| Standard Deviation | 8.67 | |||
| Variance | 75.22 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Altenergy Acquisition
The number of cover stories for Altenergy Acquisition depends on current market conditions and Altenergy Acquisition's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Altenergy Acquisition is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Altenergy Acquisition's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Altenergy Acquisition Short Properties
Altenergy Acquisition's future price predictability will typically decrease when Altenergy Acquisition's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Altenergy Acquisition Corp often depends not only on the future outlook of the potential Altenergy Acquisition's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Altenergy Acquisition's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.5 M | |
| Cash And Short Term Investments | 18.5 K |
Check out Historical Fundamental Analysis of Altenergy Acquisition to cross-verify your projections. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Asset Management & Custody Banks 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 Altenergy Acquisition. If investors know Altenergy 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 Altenergy Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Altenergy Acquisition is measured differently than its book value, which is the value of Altenergy that is recorded on the company's balance sheet. Investors also form their own opinion of Altenergy Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Altenergy Acquisition'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 Altenergy Acquisition's market value can be influenced by many factors that don't directly affect Altenergy Acquisition'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 Altenergy Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altenergy Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altenergy Acquisition'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.