Fluence Energy Stock Market Value
| FLNC Stock | USD 22.74 1.56 7.37% |
| Symbol | Fluence |
Fluence Energy Price To Book Ratio
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fluence Energy. If investors know Fluence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fluence Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.17) | Revenue Per Share 17.408 | Quarterly Revenue Growth (0.1) | Return On Assets (0.01) | Return On Equity (0.06) |
The market value of Fluence Energy is measured differently than its book value, which is the value of Fluence that is recorded on the company's balance sheet. Investors also form their own opinion of Fluence Energy's value that differs from its market value or its book value, called intrinsic value, which is Fluence Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fluence Energy's market value can be influenced by many factors that don't directly affect Fluence Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fluence Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fluence Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fluence Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fluence 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 Fluence 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 Fluence Energy.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Fluence Energy on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Fluence Energy or generate 0.0% return on investment in Fluence Energy over 30 days. Fluence Energy is related to or competes with Altus Power, Ormat Technologies, Enlight Renewable, Fusion Fuel, Renew Energy, and Energy Vault. Fluence Energy, Inc. provides energy storage products and services, and artificial intelligence enabled digital applicat... More
Fluence 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 Fluence 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 Fluence Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.27 | |||
| Information Ratio | 0.0472 | |||
| Maximum Drawdown | 24.63 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 6.75 |
Fluence Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fluence Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fluence Energy's standard deviation. In reality, there are many statistical measures that can use Fluence Energy historical prices to predict the future Fluence Energy's volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 0.2514 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0457 | |||
| Treynor Ratio | 0.6798 |
Fluence Energy Backtested Returns
Fluence Energy appears to be not too volatile, given 3 months investment horizon. Fluence Energy secures Sharpe Ratio (or Efficiency) of 0.0571, which denotes the company had a 0.0571% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fluence Energy, which you can use to evaluate the volatility of the firm. Please utilize Fluence Energy's Mean Deviation of 3.14, coefficient of variation of 1357.69, and Downside Deviation of 4.27 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fluence Energy holds a performance score of 4. The firm shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fluence Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fluence Energy is expected to be smaller as well. Please check Fluence Energy's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Fluence Energy's price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Fluence Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fluence Energy time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Fluence Energy price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Fluence Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
Fluence Energy lagged returns against current returns
Autocorrelation, which is Fluence 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 Fluence Energy's stock expected returns. We can calculate the autocorrelation of Fluence Energy returns to help us make a trade decision. For example, suppose you find that Fluence 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 |
Fluence 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 Fluence Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fluence Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fluence Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Fluence Energy Lagged Returns
When evaluating Fluence Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fluence Energy stock have on its future price. Fluence 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, Fluence Energy autocorrelation shows the relationship between Fluence Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Fluence Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Fluence Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fluence Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fluence Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fluence Energy Stock:Check out Fluence Energy Correlation, Fluence Energy Volatility and Fluence Energy Alpha and Beta module to complement your research on Fluence Energy. For information on how to trade Fluence Stock refer to our How to Trade Fluence Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Fluence 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.