Alternus Energy Group Stock Alpha and Beta Analysis
| ALCE Stock | 1.24 0.06 4.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alternus Energy Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alternus Energy over a specified time horizon. Remember, high Alternus Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Alternus Energy's market risk premium analysis include:
Beta (0.67) | Alpha (2.14) | Risk 6.56 | Sharpe Ratio (0.32) | Expected Return (2.09) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Alternus |
Alternus Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alternus Energy market risk premium is the additional return an investor will receive from holding Alternus Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alternus Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Alternus Energy's performance over market.| α | -2.14 | β | -0.67 |
Alternus Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Alternus Energy's Buy-and-hold return. Our buy-and-hold chart shows how Alternus Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alternus Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how Alternus Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alternus Energy shares will generate the highest return on investment. By understating and applying Alternus Energy stock market price indicators, traders can identify Alternus Energy position entry and exit signals to maximize returns.
Alternus Energy Return and Market Media
The median price of Alternus Energy for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 2.7 with a coefficient of variation of 42.58. The daily time series for the period is distributed with a sample standard deviation of 1.39, arithmetic mean of 3.27, and mean deviation of 1.24. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Alternus Clean Energy Inc Short Interest Update | 09/13/2024 |
2 | Alternus Clean Energy Receives Nasdaq Delisting Notice Intends to Appeal and Regain Compliance Within Timeframes Allowed | 09/20/2024 |
3 | Alternus Sheds 100 Million of Debt and Payables, Improves Shareholder Equity Position By Circa 45 Million From Disposal Of Certain Subsidiaries | 10/08/2024 |
4 | Alternus Clean Energy, Inc. Announces 1-for-25 Reverse Stock Split as Part of Nasdaq Compliance Plan | 10/09/2024 |
5 | Alternus Clean Energy Continues Deleveraging Program by Removing Additional 30 Million of Debt, Improving Shareholder Equity by Approximately 4 Million - Newsfi... | 11/12/2024 |
About Alternus Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Alternus or other stocks. Alpha measures the amount that position in Alternus Energy Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2023 | 2024 (projected) | Dividend Yield | 0.002066 | 0.0108 | 0.0114 | Price To Sales Ratio | 661.2 | 100.84 | 95.79 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alternus Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alternus Energy's short interest history, or implied volatility extrapolated from Alternus Energy options trading.
Build Portfolio with Alternus Energy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Alternus Energy Backtesting, Alternus Energy Valuation, Alternus Energy Correlation, Alternus Energy Hype Analysis, Alternus Energy Volatility, Alternus Energy History and analyze Alternus Energy Performance. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Alternus Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.