Alternative Fuel Z Score vs. Beta
Please note, there is a significant difference between Alternative Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alternative Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alternative 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.Alternative Fuel Tec Beta vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alternative Fuel's current stock value. Our valuation model uses many indicators to compare Alternative Fuel value to that of its competitors to determine the firm's financial worth. Alternative Fuel Tec is number one stock in z score category among its peers. It is rated third in beta category among its peers totaling about 0.01 of Beta per Z Score. The ratio of Z Score to Beta for Alternative Fuel Tec is roughly 101.34 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alternative Fuel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alternative Fuel's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Alternative Beta vs. Z Score
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Alternative Fuel |
| = | 90.6 |
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Alternative Fuel |
| = | 0.89 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Alternative Beta Comparison
Alternative Fuel is currently under evaluation in beta category among its peers.
Beta Analysis
Alternative Fuel returns are very sensitive to returns on the market. As the market goes up or down, Alternative Fuel is expected to follow.
Alternative Fuel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alternative Fuel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alternative Fuel will eventually generate negative long term returns. The profitability progress is the general direction of Alternative Fuel's change in net profit over the period of time. It can combine multiple indicators of Alternative Fuel, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Previously, the company was involved in the provision of fuel injection systems and DME fuel injection systems for internal combustion engines. ConneXionONE Corp. was incorporated in 1997 and is based in Albrightsville, Pennsylvania. Alternative Fuel is traded on OTC Exchange in the United States.
Alternative Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alternative Fuel. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alternative Fuel position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alternative Fuel's important profitability drivers and their relationship over time.
Alternative Fuel Earnings per Share Projection vs Actual
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Our tools can tell you how much better you can do entering a position in Alternative Fuel without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Alternative Fuel position
In addition to having Alternative Fuel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Strategy ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1717 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Strategy ETFs Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Alternative Pink Sheet
If you are still planning to invest in Alternative Fuel Tec check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alternative Fuel's history and understand the potential risks before investing.
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