Altus Power Etf Alpha and Beta Analysis
| AMPS Etf | USD 4.28 0.11 2.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Altus Power. It also helps investors analyze the systematic and unsystematic risks associated with investing in Altus Power over a specified time horizon. Remember, high Altus Power's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Altus Power's market risk premium analysis include:
Beta 1.07 | Alpha 0.56 | Risk 6.48 | Sharpe Ratio 0.12 | Expected Return 0.75 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Altus |
Altus Power Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Altus Power market risk premium is the additional return an investor will receive from holding Altus Power long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Altus Power. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Altus Power's performance over market.| α | 0.56 | β | 1.07 |
Altus Power expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Altus Power's Buy-and-hold return. Our buy-and-hold chart shows how Altus Power performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Altus Power Market Price Analysis
Market price analysis indicators help investors to evaluate how Altus Power etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altus Power shares will generate the highest return on investment. By understating and applying Altus Power etf market price indicators, traders can identify Altus Power position entry and exit signals to maximize returns.
Altus Power Return and Market Media
The median price of Altus Power for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 3.33 with a coefficient of variation of 9.91. The daily time series for the period is distributed with a sample standard deviation of 0.33, arithmetic mean of 3.37, and mean deviation of 0.27. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 181125 shares by Cbre Acquisition Sponsor, Llc of Altus Power subject to Rule 16b-3 | 09/06/2024 |
2 | Palantir And APA Amp Up AI Alliance Multi-Million Dollar Deal To Transform Oil Gas Operations - Yahoo Finance | 09/25/2024 |
3 | Altus Power Trading Up 5.6 percent Heres What Happened | 10/25/2024 |
4 | Altus Power Operationalizes Three New Community Solar Projects in Maine | 10/31/2024 |
5 | Gevo, Inc. Reports Q3 Loss, Lags Revenue Estimates | 11/07/2024 |
6 | Altus Power, Inc. Announces Third Quarter 2024 Financial Results | 11/12/2024 |
7 | Altus Power Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ... | 11/13/2024 |
8 | Subdued Growth No Barrier To Altus Power, Inc. With Shares Advancing 25 | 11/14/2024 |
9 | Altus Power Announces Acquisition of 3.4 MW Community Solar Development Project in Maryland ... | 11/21/2024 |
About Altus Power Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Altus or other etfs. Alpha measures the amount that position in Altus Power has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Altus Power Upcoming Company Events
As portrayed in its financial statements, the presentation of Altus Power's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Altus Power's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Altus Power's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Altus Power. Please utilize our Beneish M Score to check the likelihood of Altus Power's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Altus Power
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Other Information on Investing in Altus Etf
Altus Power financial ratios help investors to determine whether Altus Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Power security.