Carnegie Clean Energy Stock Today
| CWGYF Stock | USD 0.04 0 10.18% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Carnegie Clean is trading at 0.0368 as of the 23rd of April 2024. This is a 10.18 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0325. Carnegie Clean has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Carnegie Clean Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Carnegie Clean Energy Limited develops and commercializes the CETO wave energy technology for converting ocean wave energy into zero-emission electricity worldwide. Carnegie Clean Energy Limited was incorporated in 1987 and is headquartered in North Fremantle, Australia. The company has 15.64 B outstanding shares. More on Carnegie Clean Energy
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Follow Valuation Odds of Bankruptcy
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Carnegie OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Carnegie Clean's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Carnegie Clean or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Michael Ottaviano |
| Thematic Idea | Cleaning (View all Themes) |
| Business Concentration | Cleaning, Utilities—Renewable, Utilities (View all Sectors) |
Carnegie Clean Energy [CWGYF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carnegie Clean's market, we take the total number of its shares issued and multiply it by Carnegie Clean'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. Carnegie Clean Energy classifies itself under Utilities sector and is part of Utilities—Renewable industry. The entity has 15.64 B outstanding shares.
Carnegie Clean Energy has accumulated about 4.1 M in cash with 960.54 K of positive cash flow from operations.
Check Carnegie Clean Probability Of Bankruptcy
Ownership AllocationCarnegie Clean Energy retains a total of 15.64 Billion outstanding shares. Carnegie Clean Energy retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Carnegie Ownership Details
Carnegie Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Carnegie Clean jumping above the current price in 90 days from now is about 33.36%. The Carnegie Clean Energy probability density function shows the probability of Carnegie Clean otc stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Carnegie Clean Energy has a beta of -1.1773 suggesting as returns on its benchmark rise, returns on holding Carnegie Clean Energy are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Carnegie Clean is expected to outperform its benchmark. Additionally, carnegie Clean Energy has an alpha of 0.1722, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Carnegie Clean to move above the current price in 90 days from now is about 33.36 (This Carnegie Clean Energy probability density function shows the probability of Carnegie OTC Stock to fall within a particular range of prices over 90 days) .
Carnegie Clean Energy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Carnegie Clean market risk premium is the additional return an investor will receive from holding Carnegie Clean 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 Carnegie Clean. 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 Carnegie Clean's alpha and beta are two of the key measurements used to evaluate Carnegie Clean's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.73 | |||
| Semi Deviation | 5.84 | |||
| Standard Deviation | 6.66 | |||
| Variance | 44.4 |
Carnegie Stock Against Markets
Picking the right benchmark for Carnegie Clean otc stock 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 Carnegie Clean otc stock 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 Carnegie Clean is critical whether you are bullish or bearish towards Carnegie Clean Energy at a given time. Please also check how Carnegie Clean's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Carnegie Clean 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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| All Next | Launch Module |
Carnegie Clean Corporate Directors
Carnegie Clean corporate directors refer to members of a Carnegie Clean board of directors. The board of directors generally takes responsibility for the Carnegie Clean's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Carnegie Clean's board members must vote for the resolution. The Carnegie Clean board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kieran OBrien | Executive Director - European Business Development | Profile | |
| John Leggate | Non-Executive Independent Director | Profile | |
| Jeffrey Harding | Non-Executive Independent Director | Profile | |
| Michael Fitzpatrick | Non-Executive Director | Profile |
How to buy Carnegie OTC Stock?
Before investing in Carnegie Clean, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Carnegie Clean. To buy Carnegie Clean stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Carnegie Clean. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Carnegie Clean stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Carnegie Clean Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Carnegie Clean Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Carnegie Clean Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Carnegie Clean Energy?
The danger of trading Carnegie Clean Energy is mainly related to its market volatility and OTC Stock 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 Carnegie Clean 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 Carnegie Clean. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Carnegie Clean Energy 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carnegie Clean Energy. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Carnegie OTC Stock analysis
When running Carnegie Clean's price analysis, check to measure Carnegie Clean'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 Carnegie Clean is operating at the current time. Most of Carnegie Clean's value examination focuses on studying past and present price action to predict the probability of Carnegie Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carnegie Clean's price. Additionally, you may evaluate how the addition of Carnegie Clean to your portfolios can decrease your overall portfolio volatility.
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