Altus Power Etf Analysis
| AMPS Etf | USD 3.95 0.09 2.33% |
Altus Power is undervalued with Real Value of 4.61 and Target Price of 10.21. The main objective of Altus Power etf analysis is to determine its intrinsic value, which is an estimate of what Altus Power is worth, separate from its market price. There are two main types of Altus Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Altus Power. On the other hand, technical analysis, focuses on the price and volume data of Altus Etf to identify patterns and trends that may indicate its future price movements.
The Altus Power etf is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Altus Power is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Altus Etf trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Altus Power's ongoing operational relationships across important fundamental and technical indicators.
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Altus Etf Analysis Notes
The fund holds about 96.33% of assets under management (AUM) in fixed income securities. Altus Power, Inc., a clean electrification company, originates, develops, owns, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. Altus Power is listed under UtilitiesRenewable in the United States and is traded on New York Stock Exchange exchange. For more info on Altus Power please contact Lars Norell at 203 698 0090 or go to https://www.altuspower.com.Altus Power Quarterly Total Revenue |
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Altus Power Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more etfs at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Altus Power's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Altus Power or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Altus Power generated a negative expected return over the last 90 days | |
| Altus Power has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 155.16 M. Net Loss for the year was (9.36 M) with profit before overhead, payroll, taxes, and interest of 83.63 M. | |
| About 46.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Anthony Savino of 144351 shares of Altus Power subject to Rule 16b-3 | |
| The fund holds roughly 96.33% of its assets under management (AUM) in fixed income securities |
Altus Power Upcoming and Recent Events
Earnings reports are used by Altus Power to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Altus Power previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Altus Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument 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. Altus Power's institutional investor refers to the entity that pools money to purchase Altus Power's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.4 M | Telemark Asset Management, Llc | 2023-12-31 | 1.2 M | Kensico Capital Management Corp | 2023-09-30 | 1.1 M | Atlantic Trust Group, Llc | 2023-12-31 | 900 K | First Trust Advisors L.p. | 2023-12-31 | 794.6 K | Goldman Sachs Group Inc | 2023-12-31 | 778.2 K | Handelsbanken Fonder Ab | 2023-12-31 | 775.8 K | Decade Renewable Partners Lp | 2023-12-31 | 735.8 K | Blackstone Inc | 2023-12-31 | 21.1 M | Blackrock Inc | 2023-12-31 | 7.6 M |
Altus Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 586.74 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Altus Power's market, we take the total number of its shares issued and multiply it by Altus Power'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.Altus Profitablity
Altus Power's profitability indicators refer to fundamental financial ratios that showcase Altus Power's ability to generate income relative to its revenue or operating costs. If, let's say, Altus Power is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Altus Power's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Altus Power's profitability requires more research than a typical breakdown of Altus Power's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.06) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.06. Management Efficiency
Altus Power's management efficiency ratios could be used to measure how well Altus Power manages its routine affairs as well as how well it operates its assets and liabilities.The analysis of Altus Power's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Altus Power's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Altus Etf analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.88 |
Technical Drivers
As of the 2nd of May, Altus Power shows the Risk Adjusted Performance of (0.06), mean deviation of 3.42, and Standard Deviation of 4.79. Altus Power technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Altus Power, which can be compared to its peers. Please confirm Altus Power market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Altus Power is priced correctly, providing market reflects its regular price of 3.95 per share.Altus Power Price Movement Analysis
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Altus Power middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Altus Power. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Altus Power Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Altus Power insiders, such as employees or executives, is commonly permitted as long as it does not rely on Altus Power's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Altus Power insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Altus Power Predictive Daily Indicators
Altus Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altus Power etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 3.95 | |||
| Day Typical Price | 3.95 | |||
| Price Action Indicator | 0.045 | |||
| Period Momentum Indicator | 0.09 |
Altus Power Forecast Models
Altus Power's time-series forecasting models are one of many Altus Power's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Altus Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Altus Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Altus Power prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altus shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Altus Power. By using and applying Altus Etf analysis, traders can create a robust methodology for identifying Altus entry and exit points for their positions.
Altus Power, Inc., a clean electrification company, originates, develops, owns, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. Altus Power is listed under UtilitiesRenewable in the United States and is traded on New York Stock Exchange exchange.
Current Altus Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Altus analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Altus analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 10.21 | Strong Buy | 9 | Odds |
Most Altus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Altus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Altus Power, talking to its executives and customers, or listening to Altus conference calls.
Altus Etf Analysis Indicators
Altus Power etf analysis indicators help investors evaluate how Altus Power etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Altus Power shares will generate the highest return on investment. By understating and applying Altus Power etf analysis, traders can identify Altus Power position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 195.4 M | |
| Long Term Debt | 1.2 B | |
| Common Stock Shares Outstanding | 158.7 M | |
| Total Stockholder Equity | 447.1 M | |
| Tax Provision | -1.4 M | |
| Quarterly Earnings Growth Y O Y | -0.744 | |
| Property Plant And Equipment Net | 1.8 B | |
| Cash And Short Term Investments | 206.2 M | |
| Cash | 206.2 M | |
| Accounts Payable | 7.3 M | |
| Net Debt | 1.2 B | |
| 50 Day M A | 5.1214 | |
| Total Current Liabilities | 106.5 M | |
| Other Operating Expenses | 134.3 M | |
| Non Current Assets Total | 2 B | |
| Forward Price Earnings | 666.6667 | |
| Non Currrent Assets Other | 7.8 M | |
| Stock Based Compensation | 14.9 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altus Power. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Altus Etf please use our How to Invest in Altus Power guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.