Alternus Energy (Norway) Buy Hold or Sell Recommendation
| ALT Stock | 0.38 0.02 5.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Alternus Energy Group is 'Strong Sell'. The recommendation algorithm takes into account all of Alternus Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out Alternus Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Alternus and provide practical buy, sell, or hold advice based on investors' constraints. Alternus Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Alternus |
Execute Alternus Energy Buy or Sell Advice
The Alternus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alternus Energy Group. Macroaxis does not own or have any residual interests in Alternus Energy Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alternus Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Alternus Energy Trading Alerts and Improvement Suggestions
| Alternus Energy generated a negative expected return over the last 90 days | |
| Alternus Energy has high historical volatility and very poor performance | |
| Alternus Energy has some characteristics of a very speculative penny stock | |
| Alternus Energy has high likelihood to experience some financial distress in the next 2 years | |
| Alternus Energy generates negative cash flow from operations |
Alternus Energy Returns Distribution Density
The distribution of Alternus Energy's historical returns is an attempt to chart the uncertainty of Alternus Energy's future price movements. The chart of the probability distribution of Alternus Energy daily returns describes the distribution of returns around its average expected value. We use Alternus Energy Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alternus Energy returns is essential to provide solid investment advice for Alternus Energy.
| Mean Return | -1.36 | Value At Risk | -23.68 | Potential Upside | 16.67 | Standard Deviation | 14.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alternus Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Alternus Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Alternus Energy or Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Alternus Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Alternus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.93 | |
β | Beta against Dow Jones | -3.5 | |
σ | Overall volatility | 13.93 | |
Ir | Information ratio | -0.11 |
Alternus Energy Volatility Alert
Alternus Energy Group is displaying above-average volatility over the selected time horizon. Alternus Energy Group is a potential penny stock. Although Alternus Energy may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Alternus Energy Group. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Alternus instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Alternus Energy Fundamentals Vs Peers
Comparing Alternus Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Alternus Energy's direct or indirect competition across all of the common fundamentals between Alternus Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alternus Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Alternus Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Alternus Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alternus Energy to competition |
| Fundamentals | Alternus Energy | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | 0.0204 | -0.14 |
| Profit Margin | (0.21) % | (1.27) % |
| Operating Margin | 0.19 % | (5.51) % |
| Current Valuation | 2.24 B | 16.62 B |
| Shares Outstanding | 26.37 M | 571.82 M |
| Shares Owned By Institutions | 6.03 % | 39.21 % |
| Price To Book | 1.28 X | 9.51 X |
| Price To Sales | 13.50 X | 11.42 X |
| Revenue | 7.45 M | 9.43 B |
| Gross Profit | 15.06 M | 27.38 B |
| EBITDA | 29.33 M | 3.9 B |
| Net Income | 8.66 M | 570.98 M |
| Total Debt | 148.34 M | 5.32 B |
| Book Value Per Share | 1.33 X | 1.93 K |
| Cash Flow From Operations | (8.43 M) | 971.22 M |
| Earnings Per Share | 0.96 X | 3.12 X |
| Target Price | 58.52 | |
| Number Of Employees | 10 | 18.84 K |
| Beta | 0.38 | -0.15 |
| Market Capitalization | 519.4 M | 19.03 B |
| Total Asset | 214.91 M | 29.47 B |
| Z Score | 1.8 | 8.72 |
| Net Asset | 214.91 M |
Alternus Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alternus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Alternus Energy Buy or Sell Advice
When is the right time to buy or sell Alternus Energy Group? Buying financial instruments such as Alternus Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Alternus Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Penny
Solid stocks, funds or ETFs with below average market capitalization and typicl daily price below 2. The Penny theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Penny Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Alternus Stock
When determining whether Alternus Energy Group is a strong investment it is important to analyze Alternus Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alternus Energy's future performance. For an informed investment choice regarding Alternus Stock, refer to the following important reports:Check out Alternus Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.