Fusion Fuel Green Stock Market Value
| HTOO Stock | USD 0.31 0.01 3.13% |
| Symbol | Fusion |
Fusion Fuel Green Price To Book Ratio
Is Electric Utilities 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 Fusion Fuel. If investors know Fusion 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 Fusion Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.26) | Revenue Per Share 0.283 | Return On Assets (0.37) | Return On Equity (1.93) |
The market value of Fusion Fuel Green is measured differently than its book value, which is the value of Fusion that is recorded on the company's balance sheet. Investors also form their own opinion of Fusion Fuel's value that differs from its market value or its book value, called intrinsic value, which is Fusion Fuel'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 Fusion Fuel's market value can be influenced by many factors that don't directly affect Fusion Fuel'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 Fusion Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fusion Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fusion Fuel'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.
Fusion Fuel '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 Fusion Fuel'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 Fusion Fuel.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Fusion Fuel on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Fusion Fuel Green or generate 0.0% return on investment in Fusion Fuel over 30 days. Fusion Fuel is related to or competes with Fluence Energy, Enlight Renewable, Renew Energy, Advent Technologies, Energy Vault, and Altus Power. Fusion Fuel Green PLC focuses on the production of hydrogen in Portugal, Southern Europe, and Morocco More
Fusion Fuel 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 Fusion Fuel'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 Fusion Fuel Green upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 73.91 | |||
| Value At Risk | (9.86) | |||
| Potential Upside | 13.56 |
Fusion Fuel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fusion Fuel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fusion Fuel's standard deviation. In reality, there are many statistical measures that can use Fusion Fuel historical prices to predict the future Fusion Fuel's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (2.14) | |||
| Treynor Ratio | (1.07) |
Fusion Fuel Green Backtested Returns
Fusion Fuel Green secures Sharpe Ratio (or Efficiency) of -0.0562, which denotes the company had a -0.0562% return per unit of risk over the last 3 months. Fusion Fuel Green exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fusion Fuel's Variance of 102.04, standard deviation of 10.1, and Mean Deviation of 6.34 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, Fusion Fuel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fusion Fuel is expected to be smaller as well. At this point, Fusion Fuel Green has a negative expected return of -0.58%. Please make sure to confirm Fusion Fuel's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Fusion Fuel Green performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Fusion Fuel Green has good predictability. Overlapping area represents the amount of predictability between Fusion Fuel time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Fusion Fuel Green price movement. The serial correlation of 0.78 indicates that around 78.0% of current Fusion Fuel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Fusion Fuel Green lagged returns against current returns
Autocorrelation, which is Fusion Fuel 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 Fusion Fuel's stock expected returns. We can calculate the autocorrelation of Fusion Fuel returns to help us make a trade decision. For example, suppose you find that Fusion Fuel 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 |
Fusion Fuel 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 Fusion Fuel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fusion Fuel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fusion Fuel stock over time.
Current vs Lagged Prices |
| Timeline |
Fusion Fuel Lagged Returns
When evaluating Fusion Fuel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fusion Fuel stock have on its future price. Fusion Fuel 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, Fusion Fuel autocorrelation shows the relationship between Fusion Fuel stock current value and its past values and can show if there is a momentum factor associated with investing in Fusion Fuel Green.
Regressed Prices |
| Timeline |
When determining whether Fusion Fuel Green is a strong investment it is important to analyze Fusion Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fusion Fuel's future performance. For an informed investment choice regarding Fusion Stock, refer to the following important reports:
Check out Fusion Fuel Correlation, Fusion Fuel Volatility and Fusion Fuel Alpha and Beta module to complement your research on Fusion Fuel. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Fusion Fuel 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.