Altenergy Acquisition Corp Performance
| AEAEDelisted Stock | USD 10.92 0.00 0.00% |
The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Altenergy Acquisition are expected to decrease at a much lower rate. During the bear market, Altenergy Acquisition is likely to outperform the market. At this point, Altenergy Acquisition has a negative expected return of -0.0333%. Please make sure to confirm Altenergy Acquisition's kurtosis, and the relationship between the value at risk and day median price , to decide if Altenergy Acquisition performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Altenergy Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Altenergy Acquisition is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 212.2 K |
Altenergy |
Altenergy Acquisition Relative Risk vs. Return Landscape
If you would invest 1,111 in Altenergy Acquisition Corp on September 1, 2024 and sell it today you would lose (19.00) from holding Altenergy Acquisition Corp or give up 1.71% of portfolio value over 90 days. Altenergy Acquisition Corp is currently does not generate positive expected returns and assumes 0.3345% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of stocks are less volatile than Altenergy, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Altenergy Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altenergy Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altenergy Acquisition Corp, and traders can use it to determine the average amount a Altenergy Acquisition'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 = -0.0995
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| Negative Returns | AEAE |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Altenergy Acquisition is not performing at its full potential. However, 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 Altenergy Acquisition by adding Altenergy Acquisition to a well-diversified portfolio.
Altenergy Acquisition Fundamentals Growth
Altenergy Stock prices reflect investors' perceptions of the future prospects and financial health of Altenergy Acquisition, and Altenergy Acquisition 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 Altenergy Stock performance.
| Return On Asset | -0.12 | ||||
| Current Valuation | 72.45 M | ||||
| Shares Outstanding | 6.24 M | ||||
| Price To Earning | 7.85 X | ||||
| Price To Book | 21.76 X | ||||
| EBITDA | 5.44 M | ||||
| Cash And Equivalents | 348.87 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1000 K | ||||
| Book Value Per Share | (2.27) X | ||||
| Cash Flow From Operations | (2.56 M) | ||||
| Earnings Per Share | (0.16) X | ||||
| Total Asset | 17.95 M | ||||
| Retained Earnings | (12.86 M) | ||||
About Altenergy Acquisition Performance
By analyzing Altenergy Acquisition's fundamental ratios, stakeholders can gain valuable insights into Altenergy Acquisition's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altenergy Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altenergy Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
AltEnergy Acquisition Corp. does not have significant operations. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York. Altenergy Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.Things to note about Altenergy Acquisition performance evaluation
Checking the ongoing alerts about Altenergy Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altenergy Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altenergy Acquisition is not yet fully synchronised with the market data | |
| Altenergy Acquisition generated a negative expected return over the last 90 days | |
| Altenergy Acquisition has a very high chance of going through financial distress in the upcoming years | |
| Altenergy Acquisition Corp currently holds about 348.87 K in cash with (2.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 88.0% of the company shares are held by company insiders |
- Analyzing Altenergy Acquisition'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 Altenergy Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Altenergy Acquisition'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 Altenergy Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altenergy Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altenergy Acquisition's stock. These opinions can provide insight into Altenergy Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Altenergy Stock
If you are still planning to invest in Altenergy Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altenergy Acquisition's history and understand the potential risks before investing.
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