Alternus Energy (Norway) Analysis
| ALT Stock | 0.38 0.02 5.00% |
Alternus Energy Group is fairly valued with Real Value of 0.36 and Hype Value of 0.38. The main objective of Alternus Energy stock analysis is to determine its intrinsic value, which is an estimate of what Alternus Energy Group is worth, separate from its market price. There are two main types of Alternus Energy's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Alternus Energy's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Alternus Energy's stock to identify patterns and trends that may indicate its future price movements.
The Alternus Energy stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Alternus |
Alternus Stock Analysis Notes
The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Alternus Energy Group had not issued any dividends in recent years. For more info on Alternus Energy Group please contact Vincent Browne at 353 1 907 3445 or go to https://alternusenergy.com.Alternus Energy Group Investment Alerts
| Alternus Energy generated a negative expected return over the last 90 days | |
| Alternus Energy has high historical volatility and very poor performance | |
| Alternus Energy has some characteristics of a very speculative penny stock | |
| Alternus Energy has high likelihood to experience some financial distress in the next 2 years | |
| Alternus Energy generates negative cash flow from operations |
Alternus Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 519.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alternus Energy's market, we take the total number of its shares issued and multiply it by Alternus Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Alternus Profitablity
Alternus Energy's profitability indicators refer to fundamental financial ratios that showcase Alternus Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Alternus Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alternus Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alternus Energy's profitability requires more research than a typical breakdown of Alternus Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.21) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.19 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.19. Technical Drivers
As of the 30th of November, Alternus Energy shows the Mean Deviation of 9.6, risk adjusted performance of (0.06), and Standard Deviation of 14.01. Alternus Energy Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alternus Energy Group standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Alternus Energy Group is priced correctly, providing market reflects its regular price of 0.38 per share.Alternus Energy Group Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Alternus Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Alternus Energy Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Alternus Energy Predictive Daily Indicators
Alternus Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alternus Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Alternus Energy Forecast Models
Alternus Energy's time-series forecasting models are one of many Alternus Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alternus Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Alternus Energy to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Information and Resources on Investing in Alternus Stock
When determining whether Alternus Energy Group is a strong investment it is important to analyze Alternus Energy'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 Alternus Energy's future performance. For an informed investment choice regarding Alternus Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alternus Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.