Altus Power Etf Price Prediction
| AMPS Etf | USD 3.60 0.08 2.17% |
Oversold Vs Overbought
35
Oversold | Overbought |
Altus Power etf price prediction is an act of determining the future value of Altus Power shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Altus Power's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Altus Power and does not consider all of the tangible or intangible factors available from Altus Power's fundamental data. We analyze noise-free headlines and recent hype associated with Altus Power, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Altus Power's stock price prediction:Quarterly Earnings Growth (0.74) | EPS Estimate Next Quarter (0.05) | EPS Estimate Current Year (0.07) | EPS Estimate Next Year 0.16 | Wall Street Target Price 8.13 |
It is a matter of debate whether etf price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Altus Power based on different types of headlines from major news networks to social media. The Altus price prediction module provides an analysis of price elasticity to changes in media outlook on Altus Power over a specific investment horizon. Using Altus Power hype-based prediction, you can estimate the value of Altus Power from the perspective of Altus Power response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Altus Power using Altus Power's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Altus using crowd psychology based on the activity and movement of Altus Power's stock price.
Altus Power Implied Volatility | 81.32 |
Altus Power's implied volatility exposes the market's sentiment of Altus Power stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altus Power'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 Altus Power stock will not fluctuate a lot when Altus Power's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Altus Power. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Altus Power to buy its etf at a price that has no basis in reality. In that case, they are not buying Altus because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Altus Power after-hype prediction price | USD 3.49 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Altus |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Altus Power'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.
Altus Power After-Hype Price Prediction Density Analysis
As far as predicting the price of Altus Power at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Altus Power or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of Altus Power, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Altus Power Estimiated After-Hype Price Volatility
In the context of predicting Altus Power's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Altus Power's historical news coverage. Altus Power's after-hype downside and upside margins for the prediction period are 0.17 and 8.40, respectively. We have considered Altus Power's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Altus Power is unstable at this time. Analysis and calculation of next after-hype price of Altus Power is based on 3 months time horizon.
Altus Power Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as Altus Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altus Power backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Altus Power, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.60 | 4.91 | 0.11 | 0.00 | 10 Events / Month | 6 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
3.60 | 3.49 | 3.06 |
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Altus Power Hype Timeline
Altus Power is presently traded for 3.60. The entity has historical hype elasticity of -0.11, and average elasticity to hype of competition of 0.0. Altus is projected to decline in value after the next headline, with the price expected to drop to 3.49. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -3.06%, whereas the daily expected return is presently at -0.6%. The volatility of related hype on Altus Power is about 392800.0%, with the expected price after the next announcement by competition of 3.60. About 46.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altus Power recorded a loss per share of 0.06. The entity last dividend was issued on the 7th of August 2015. Given the investment horizon of 90 days the next projected press release will be in about 10 days. Check out Altus Power Basic Forecasting Models to cross-verify your projections.Altus Power Related Hype Analysis
Having access to credible news sources related to Altus Power's direct competition is more important than ever and may enhance your ability to predict Altus Power's future price movements. Getting to know how Altus Power's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Altus Power may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ORA | Ormat Technologies | 0.08 | 10 per month | 0.00 | (0.06) | 3.10 | (3.31) | 9.82 | |
| ENLT | Enlight Renewable Energy | (0.35) | 9 per month | 0.00 | (0.09) | 3.47 | (3.28) | 9.15 | |
| FLNC | Fluence Energy | (0.03) | 10 per month | 0.00 | (0.08) | 6.06 | (6.72) | 20.08 | |
| RNW | Renew Energy Global | 0.07 | 6 per month | 0.00 | (0.15) | 2.65 | (3.20) | 8.38 | |
| AY | Atlantica Sustainable Infrastructure | (0.10) | 9 per month | 1.91 | 0.02 | 3.28 | (2.98) | 9.34 | |
| NRGV | Energy Vault Holdings | 0.13 | 10 per month | 0.00 | (0.08) | 9.09 | (8.73) | 27.80 | |
| CWEN | Clearway Energy Class | 0.21 | 10 per month | 0.00 | (0.07) | 3.07 | (3.37) | 10.05 | |
| ADN | Advent Technologies Holdings | (0.02) | 10 per month | 3.84 | 0.03 | 6.25 | (8.70) | 53.75 |
Altus Power Additional Predictive Modules
Most predictive techniques to examine Altus price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Altus using various technical indicators. When you analyze Altus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Altus Power Predictive Indicators
The successful prediction of Altus Power stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Altus Power, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Altus Power based on analysis of Altus Power hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Altus Power's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Altus Power's related companies. Story Coverage note for Altus Power
The number of cover stories for Altus Power depends on current market conditions and Altus Power's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Altus Power is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Altus Power's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Altus Power Short Properties
Altus Power's future price predictability will typically decrease when Altus Power's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Altus Power often depends not only on the future outlook of the potential Altus Power's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Altus Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 158.7 M | |
| Cash And Short Term Investments | 206.2 M |
Check out Altus Power Basic Forecasting Models to cross-verify your projections. For more information on how to buy Altus Etf please use our How to Invest in Altus Power guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of Altus Power is measured differently than its book value, which is the value of Altus that is recorded on the company's balance sheet. Investors also form their own opinion of Altus Power's value that differs from its market value or its book value, called intrinsic value, which is Altus Power'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 Altus Power's market value can be influenced by many factors that don't directly affect Altus Power'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 Altus Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altus Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altus Power'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.