Altus Power Etf Buy Hold or Sell Recommendation
| AMPS Etf | USD 4.06 0.11 2.78% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Altus Power is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Altus Power given historical horizon and risk tolerance towards Altus Power. When Macroaxis issues a 'buy' or 'sell' recommendation for Altus Power, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Altus Power 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. For more information on how to buy Altus Etf please use our How to Invest in Altus Power guide. Note, we conduct extensive research on individual funds such as Altus and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Altus Power. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Altus |
Execute Altus Power Buy or Sell Advice
The Altus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Altus Power. Macroaxis does not own or have any residual interests in Altus Power or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Altus Power's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details |
Altus Power Trading Alerts and Improvement Suggestions
| Altus Power is way too risky over 90 days horizon | |
| Altus Power appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 155.16 M. Net Loss for the year was (9.36 M) with profit before overhead, payroll, taxes, and interest of 83.63 M. | |
| About 56.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from kalkinemedia.com: Altus Power Examining Profit Boosts and Long-Term Sustainability | |
| The fund holds roughly 96.33% of its assets under management (AUM) in fixed income securities |
Altus Power Returns Distribution Density
The distribution of Altus Power's historical returns is an attempt to chart the uncertainty of Altus Power's future price movements. The chart of the probability distribution of Altus Power daily returns describes the distribution of returns around its average expected value. We use Altus Power price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Altus Power returns is essential to provide solid investment advice for Altus Power.
| Mean Return | 0.67 | Value At Risk | -8.53 | Potential Upside | 9.97 | Standard Deviation | 6.48 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Altus Power 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.
Altus Stock Institutional Investors
The Altus Power's institutional investors refer to entities that pool money to purchase Altus Power's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Geode Capital Management, Llc | 2024-06-30 | 1.6 M | Ardsley Advisory Partners | 2024-06-30 | 1.5 M | Abrdn Plc | 2024-09-30 | 1.4 M | Skandinaviska Enskilda Banken Ab | 2024-06-30 | 1.4 M | Telemark Asset Management, Llc | 2024-09-30 | 960 K | J. Goldman & Co Lp | 2024-06-30 | 955 K | Swedbank Ab | 2024-09-30 | 825.2 K | Alyeska Investment Group, L.p. | 2024-06-30 | 750 K | Northern Trust Corp | 2024-09-30 | 678.7 K | Blackstone Inc | 2024-06-30 | 21.1 M | Blackrock Inc | 2024-06-30 | 7.1 M |
Altus Power 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 Altus Power or Electric 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 Altus Power's price will be affected by overall etf 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 Altus etf'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 | 0.54 | |
β | Beta against Dow Jones | 1.26 | |
σ | Overall volatility | 6.48 | |
Ir | Information ratio | 0.09 |
Altus Power Volatility Alert
Altus Power is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Altus Power's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Altus Power's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Altus Power Fundamentals Vs Peers
Comparing Altus Power'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 Altus Power's direct or indirect competition across all of the common fundamentals between Altus Power and the related equities. This way, we can detect undervalued stocks with similar characteristics as Altus Power or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Altus Power's fundamental indicators could also be used in its relative valuation, which is a method of valuing Altus Power by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Altus Power to competition |
| Fundamentals | Altus Power | Peer Average |
| Price To Earning | 15.90 X | 3.15 X |
| Price To Book | 1.26 X | 0.39 X |
| Price To Sales | 3.49 X | 0.33 X |
| Beta | 0.94 | |
| Year To Date Return | (2.44) % | (2.35) % |
| One Year Return | 4.04 % | (0.97) % |
| Three Year Return | 4.76 % | 3.23 % |
| Net Asset | 2.09 B | 2.29 B |
| Bond Positions Weight | 96.33 % | 8.16 % |
Note: Disposition of 181125 shares by Cbre Acquisition Sponsor, Llc of Altus Power subject to Rule 16b-3 [view details]
Altus Power Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Altus . 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 Altus Power Buy or Sell Advice
When is the right time to buy or sell Altus Power? Buying financial instruments such as Altus Etf 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.
Use Investing Ideas to Build Portfolios
In addition to having Altus Power 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?
Run World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 37 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 World Allocation Funds Theme or any other thematic opportunities.
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Other Information on Investing in Altus Etf
Altus Power financial ratios help investors to determine whether Altus Etf 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 Altus with respect to the benefits of owning Altus Power security.