Fuelcell Energy Stock Market Value
| FCEL Stock | USD 1.22 0.03 2.40% |
| Symbol | FuelCell |
FuelCell Energy Valuation
Is FuelCell 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 FuelCell Energy. If investors know FuelCell 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 FuelCell Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.30) | Revenue Per Share 0.343 | Quarterly Revenue Growth (0.41) | Return On Assets (0.09) | Return On Equity (0.16) |
The market value of FuelCell Energy is measured differently than its book value, which is the value of FuelCell that is recorded on the company's balance sheet. Investors also form their own opinion of FuelCell Energy's value that differs from its market value or its book value, called intrinsic value, which is FuelCell 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 FuelCell Energy's market value can be influenced by many factors that don't directly affect FuelCell 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 FuelCell Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FuelCell Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FuelCell 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.
FuelCell Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FuelCell Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FuelCell Energy.
| 10/02/2023 |
| 12/01/2023 |
If you would invest 0.00 in FuelCell Energy on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding FuelCell Energy or generate 0.0% return on investment in FuelCell Energy over 60 days. FuelCell Energy is related to or competes with Electrovaya Common, Encore Wire, HP, Boeing, International Business, Pfizer, and JPMorgan Chase. FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services st... More
FuelCell Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FuelCell Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FuelCell Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.030183) | |||
| Maximum Drawdown | 23.22 | |||
| Value At Risk | (7.21) | |||
| Potential Upside | 10.24 |
FuelCell Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FuelCell Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FuelCell Energy's standard deviation. In reality, there are many statistical measures that can use FuelCell Energy historical prices to predict the future FuelCell Energy's volatility.| Risk Adjusted Performance | (0.013517) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.041093) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of FuelCell Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of FuelCell Energy in the context of predictive analytics.
FuelCell Energy Backtested Returns
FuelCell Energy secures Sharpe Ratio (or Efficiency) of -0.0243, which denotes the company had -0.0243% of return per unit of risk over the last 3 months. Our standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. FuelCell Energy exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm FuelCell Energy Mean Deviation of 3.89, variance of 27.5, and Standard Deviation of 5.24 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 3.9159, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, FuelCell Energy will likely underperform. FuelCell Energy has an expected return of -0.13%. Please make sure to confirm FuelCell Energy mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if FuelCell Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
FuelCell Energy has weak reverse predictability. Overlapping area represents the amount of predictability between FuelCell Energy time series from 2nd of October 2023 to 1st of November 2023 and 1st of November 2023 to 1st of December 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FuelCell Energy price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current FuelCell Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
FuelCell Energy lagged returns against current returns
Autocorrelation, which is FuelCell Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FuelCell Energy's stock expected returns. We can calculate the autocorrelation of FuelCell Energy returns to help us make a trade decision. For example, suppose you find that FuelCell Energy stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FuelCell Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FuelCell Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FuelCell Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FuelCell Energy stock over time.
Current vs Lagged Prices |
| Timeline |
FuelCell Energy Lagged Returns
When evaluating FuelCell Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FuelCell Energy stock have on its future price. FuelCell Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FuelCell Energy autocorrelation shows the relationship between FuelCell Energy stock current value and its past values and can show if there is a momentum factor associated with investing in FuelCell Energy.
Regressed Prices |
| Timeline |
FuelCell Energy Investors Sentiment
The influence of FuelCell Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FuelCell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FuelCell Energy's public news can be used to forecast risks associated with an investment in FuelCell. The trend in average sentiment can be used to explain how an investor holding FuelCell can time the market purely based on public headlines and social activities around FuelCell Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FuelCell Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FuelCell Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FuelCell Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FuelCell Energy.
FuelCell Energy Implied Volatility | 389.02 |
FuelCell Energy's implied volatility exposes the market's sentiment of FuelCell Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if FuelCell Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that FuelCell Energy stock will not fluctuate a lot when FuelCell Energy's options are near their expiration.
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 FuelCell 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, FuelCell Energy's short interest history, or implied volatility extrapolated from FuelCell Energy options trading.
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Check out FuelCell Energy Correlation, FuelCell Energy Volatility and FuelCell Energy Alpha and Beta module to complement your research on FuelCell Energy. For more information on how to buy FuelCell Stock please use our How to buy in FuelCell Stock guide.Note that the FuelCell Energy information on this page should be used as a complementary analysis to other FuelCell 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for FuelCell Stock analysis
When running FuelCell Energy's price analysis, check to measure FuelCell 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 FuelCell Energy is operating at the current time. Most of FuelCell Energy's value examination focuses on studying past and present price action to predict the probability of FuelCell 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 FuelCell Energy's price. Additionally, you may evaluate how the addition of FuelCell Energy to your portfolios can decrease your overall portfolio volatility.
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FuelCell Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.