Alternus Energy Group Stock Performance
| ALTNF Stock | 0.52 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Alternus Energy are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Alternus Energy Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Alternus Energy is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Alternus |
Alternus Energy Relative Risk vs. Return Landscape
If you would invest 52.00 in Alternus Energy Group on August 27, 2024 and sell it today you would earn a total of 0.00 from holding Alternus Energy Group or generate 0.0% return on investment over 90 days. Alternus Energy Group is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Alternus, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Alternus Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alternus Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Alternus Energy Group, and traders can use it to determine the average amount a Alternus Energy'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 = 0.0
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Based on monthly moving average Alternus Energy 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 Alternus Energy by adding Alternus Energy to a well-diversified portfolio.
Things to note about Alternus Energy Group performance evaluation
Checking the ongoing alerts about Alternus Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Alternus Energy Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alternus Energy generated a negative expected return over the last 90 days | |
| Alternus Energy has some characteristics of a very speculative penny stock |
- Analyzing Alternus Energy'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 Alternus Energy's stock is overvalued or undervalued compared to its peers.
- Examining Alternus Energy'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 Alternus Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alternus Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alternus Energy's pink sheet. These opinions can provide insight into Alternus Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Alternus Pink Sheet analysis
When running Alternus Energy's price analysis, check to measure Alternus 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 Alternus Energy is operating at the current time. Most of Alternus Energy's value examination focuses on studying past and present price action to predict the probability of Alternus 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 Alternus Energy's price. Additionally, you may evaluate how the addition of Alternus Energy to your portfolios can decrease your overall portfolio volatility.
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