Altus Etf Profile

Altus Power is currently unavailable and cannot be used in your analysis. The information on this page reflects the last day Altus Power was actively traded. Please check the etf traded under the symbol AMPS1.

Altus Power Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Altus Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Altus Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Altus Power is now traded under the symbol AMPS1. Please update your portfolios or report it if you believe this is an error. Report It!
New SymbolAMPS1
Average Analyst Recommendation
Analysts covering Altus Power report their recommendations after researching Altus Power's financial statements, talking to executives and customers, or listening in on Altus Power's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Altus Power. The Altus consensus assessment is calculated by taking the average forecast from all of the analysts covering Altus Power.
Strong Buy2 Opinions
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Altus Power's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Tax Provision295,000
Total Current Liabilities32.89 Million
Total Stockholder Equity326.01 Million
Currency CodeUSD
Fiscal Year EndDecember
Property Plant And Equipment Net745.71 Million
Warrants15.53 Million
Begin Period Cash Flow38.21 Million
Total Cashflows From Investing Activities(223.25 Million)
Net Debt220 Million
Accounts Payable3.59 Million
Retained Earnings(101.36 Million)
Cash325.98 Million
Other Operating Expenses37.76 Million
Non Current Assets Total768.85 Million
Non Currrent Assets Other5.83 Million
Quarterly Earnings Growth Y O Y38.0
Forward Price Earnings52.6316
Cash And Short Term Investments325.98 Million
50 Day M A7.487
Common Stock Total Equity15,000
Retained Earnings Total Equity(101.36 Million)
Common Stock Shares Outstanding155.06 Million
Altus Power [AMPS] is traded in USA and was established February 14, 2012. The fund is listed under null category and is part of null family. This fund presently have 1.11 B in assets under management (AUM). Altus Power is currently generating year-to-date return of -2.44%, while the total return for the last 3 years was 4.76%. Altus Power currently holds about 290.89 M in cash with 23.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.83.
Check Altus Power Probability Of Bankruptcy

Altus Power Target Price Odds Analysis

In regard to a normal probability distribution, the odds of Altus Power jumping above the current price in 90 days from now is about 70.96%. The Altus Power probability density function shows the probability of Altus Power etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Altus Power has a beta of -0.6674. This suggests as returns on benchmark increase, returns on holding Altus Power are expected to decrease at a much lower rate. During the bear market, however, Altus Power is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Altus Power is significantly underperforming NYSE Composite.
  Odds Below 7.21HorizonTargetOdds Above 7.21
28.96%90 days
Based on a normal probability distribution, the odds of Altus Power to move above the current price in 90 days from now is about 70.96 (This Altus Power probability density function shows the probability of Altus Etf to fall within a particular range of prices over 90 days) .

Altus Power Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing 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. Although Altus Power's alpha and beta are two of the key measurements used to evaluate Altus Power's performance over the market, the standard measures of volatility play an important role as well.

Altus Power Against Markets

Picking the right benchmark for Altus Power etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Altus Power etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Altus Power is critical whether you are bullish or bearish towards Altus Power at a given time.

Delisting Warning - AMPS

Altus Power was delisted

  The entity Altus Power with a symbol AMPS was delisted from New York Stock Exchange. Please use ISHARES UTILITIES BOND with a symbol AMPS1 from now on.

Invested in Altus Power?

The danger of trading Altus Power is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Altus Power is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Altus Power. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Altus Power is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for Altus Etf

When running Altus Power price analysis, check to measure Altus Power'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 Altus Power is operating at the current time. Most of Altus Power's value examination focuses on studying past and present price action to predict the probability of Altus Power's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altus Power's price. Additionally, you may evaluate how the addition of Altus Power to your portfolios can decrease your overall portfolio volatility.
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