FuelCell Energy (UK) Market Value
| 0A60 Stock | 11.87 0.56 4.95% |
| Symbol | FuelCell |
FuelCell Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FuelCell Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FuelCell Energy.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in FuelCell Energy on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding FuelCell Energy or generate 0.0% return on investment in FuelCell Energy over 30 days. FuelCell Energy is related to or competes with Ion Beam, GlobalData PLC, Leroy Seafood, Tyson Foods, Fresenius Medical, Automatic Data, and Sligro Food. FuelCell Energy is entity of United Kingdom More
FuelCell Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FuelCell Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FuelCell Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.09 | |||
| Information Ratio | 0.1192 | |||
| Maximum Drawdown | 2659.62 | |||
| Value At Risk | (13.87) | |||
| Potential Upside | 14.59 |
FuelCell Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FuelCell Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FuelCell Energy's standard deviation. In reality, there are many statistical measures that can use FuelCell Energy historical prices to predict the future FuelCell Energy's volatility.| Risk Adjusted Performance | 0.1014 | |||
| Jensen Alpha | 35.69 | |||
| Total Risk Alpha | (15.39) | |||
| Sortino Ratio | 2.14 | |||
| Treynor Ratio | 1.56 |
FuelCell Energy Backtested Returns
FuelCell Energy is out of control given 3 months investment horizon. FuelCell Energy secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 15.54% are justified by taking the suggested risk. Use FuelCell Energy Mean Deviation of 78.72, downside deviation of 18.09, and Coefficient Of Variation of 836.12 to evaluate company specific risk that cannot be diversified away. FuelCell Energy holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 24.85, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FuelCell Energy will likely underperform. Use FuelCell Energy downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on FuelCell Energy.
Auto-correlation | -0.92 |
Near perfect reversele predictability
FuelCell Energy has near perfect reversele predictability. Overlapping area represents the amount of predictability between FuelCell Energy time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FuelCell Energy price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current FuelCell Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 3.36 |
FuelCell Energy lagged returns against current returns
Autocorrelation, which is FuelCell Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FuelCell Energy's stock expected returns. We can calculate the autocorrelation of FuelCell Energy returns to help us make a trade decision. For example, suppose you find that FuelCell Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FuelCell Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FuelCell Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FuelCell Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FuelCell Energy stock over time.
Current vs Lagged Prices |
| Timeline |
FuelCell Energy Lagged Returns
When evaluating FuelCell Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FuelCell Energy stock have on its future price. FuelCell Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FuelCell Energy autocorrelation shows the relationship between FuelCell Energy stock current value and its past values and can show if there is a momentum factor associated with investing in FuelCell Energy.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for FuelCell Stock Analysis
When running FuelCell Energy's price analysis, check to measure FuelCell Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FuelCell Energy is operating at the current time. Most of FuelCell Energy's value examination focuses on studying past and present price action to predict the probability of FuelCell Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FuelCell Energy's price. Additionally, you may evaluate how the addition of FuelCell Energy to your portfolios can decrease your overall portfolio volatility.