Why Plug Power Stock Plunged 52.7 percent in 2024
AAWEX Fund | USD 14.32 0.11 0.77% |
Slightly above 52% of World Energy's investor base is interested to short. The analysis of overall sentiment of trading World Energy Fund mutual fund suggests that many investors are impartial at this time. World Energy's investing sentiment can be driven by a variety of factors including economic data, World Energy's earnings reports, geopolitical events, and overall market trends.
World |
Shares of fuel cell and hydrogen specialist Plug Power may have nudged higher in the beginning of the year, but the markets enthusiasm was hardly sustained. According to data provided by SP Global Market Intelligence, shares of Plug Power fell 52.7 percent in 2024. From analysts providing bearish outlooks on Plug stock to the companys disappointing first-quarter 2024 financial report, there were several factors that pushed Plug stock lower in the first half of 2024.
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World Energy Fundamental Analysis
We analyze World Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of World Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of World Energy based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
World Energy is currently under evaluation in probability of bankruptcy among similar funds. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
World Energy Potential Pair-trading
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 World Energy mutual fund to make a market-neutral strategy. Peer analysis of World Energy could also be used in its relative valuation, which is a method of valuing World Energy by comparing valuation metrics with similar companies.
Peers
World Energy Related Equities
MFTFX | Arrow Managed | 2.16 | ||||
IAADX | Iaadx | 0.22 | ||||
HDCAX | Rational Dividend | 0.10 |
Other Information on Investing in World Mutual Fund
World Energy financial ratios help investors to determine whether World Mutual Fund 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 World with respect to the benefits of owning World Energy security.
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