Alternative Energy Stock Fundamentals
| AEGY Stock | USD 0.0005 0.0002 66.67% |
Alternative Energy fundamentals help investors to digest information that contributes to Alternative Energy's financial success or failures. It also enables traders to predict the movement of Alternative Stock. The fundamental analysis module provides a way to measure Alternative Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alternative Energy stock.
Non Recurring is likely to rise to about 570.9 K in 2024, whereas Selling General Administrative is likely to drop slightly above 223.2 K in 2024. Alternative | Select Account or Indicator |
Alternative Energy Company Cash And Equivalents Analysis
Alternative Energy's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Alternative Energy Cash And Equivalents | 155.11 K |
Most of Alternative Energy's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alternative Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alternative Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Alternative Energy is extremely important. It helps to project a fair market value of Alternative Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Alternative Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alternative Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alternative Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
| Competition |
In accordance with the recently published financial statements, Alternative Energy has 155.11 K in Cash And Equivalents. This is 99.98% lower than that of the Consumer Staples Distribution & Retail sector and significantly higher than that of the Consumer Staples industry. The cash and equivalents for all United States stocks is 99.99% higher than that of the company.
Alternative Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alternative Energy's current stock value. Our valuation model uses many indicators to compare Alternative Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alternative Energy competition to find correlations between indicators driving Alternative Energy's intrinsic value. More Info.Alternative Energy is rated second in return on asset category among related companies. It is rated second in current valuation category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alternative Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alternative Energy's Stock. 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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alternative Energy's earnings, one of the primary drivers of an investment's value.Alternative Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alternative Energy's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alternative Energy could also be used in its relative valuation, which is a method of valuing Alternative Energy by comparing valuation metrics of similar companies.Alternative Energy is currently under evaluation in cash and equivalents category among related companies.
Alternative Fundamentals
| Return On Asset | -2.55 | ||||
| Current Valuation | 2.17 M | ||||
| Shares Outstanding | 4.11 B | ||||
| Net Income | (3.62 M) | ||||
| Cash And Equivalents | 155.11 K | ||||
| Total Debt | 383.06 K | ||||
| Current Ratio | 0.24 X | ||||
| Cash Flow From Operations | (47.34 K) | ||||
| Beta | 107.55 | ||||
| Market Capitalization | 822.36 K | ||||
| Working Capital | (508 K) | ||||
| Current Asset | 163 K | ||||
| Current Liabilities | 671 K |
About Alternative Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alternative Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alternative Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alternative Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Total Revenue | 0.00 | 0.00 | |
| Cost Of Revenue | 0.00 | 0.00 | |
| Stock Based Compensation To Revenue | 0.00 | 0.00 | |
| Sales General And Administrative To Revenue | 144.73 | 128.65 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | 0.00 | 0.00 | |
| Revenue Per Share | 0.000028 | 0.000025 | |
| Ebit Per Revenue | (199.85) | (209.85) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alternative Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alternative Energy's short interest history, or implied volatility extrapolated from Alternative Energy options trading.
Pair Trading with Alternative Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alternative Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alternative Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Alternative Stock
| 0.61 | WBUY | WEBUY GLOBAL LTD | PairCorr |
| 0.58 | WBA | Walgreens Boots Alliance Financial Report 25th of June 2024 | PairCorr |
| 0.52 | YI | 111 Inc | PairCorr |
| 0.52 | WILC | G Willi Food | PairCorr |
| 0.52 | ACI | Albertsons Companies Financial Report 23rd of July 2024 | PairCorr |
The ability to find closely correlated positions to Alternative Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alternative Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alternative Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alternative Energy to buy it.
The correlation of Alternative Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alternative Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alternative Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alternative Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Alternative Energy Piotroski F Score and Alternative Energy Altman Z Score analysis. For more information on how to buy Alternative Stock please use our How to Invest in Alternative Energy guide.Note that the Alternative Energy information on this page should be used as a complementary analysis to other Alternative Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Alternative Stock analysis
When running Alternative Energy's price analysis, check to measure Alternative Energy'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 Alternative Energy is operating at the current time. Most of Alternative Energy's value examination focuses on studying past and present price action to predict the probability of Alternative Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternative Energy's price. Additionally, you may evaluate how the addition of Alternative Energy to your portfolios can decrease your overall portfolio volatility.
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| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Alternative Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alternative Energy. If investors know Alternative will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alternative Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (2.55) |
The market value of Alternative Energy is measured differently than its book value, which is the value of Alternative that is recorded on the company's balance sheet. Investors also form their own opinion of Alternative Energy's value that differs from its market value or its book value, called intrinsic value, which is Alternative Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alternative Energy's market value can be influenced by many factors that don't directly affect Alternative Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alternative Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alternative Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alternative Energy'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.