Energy Vault Holdings Stock Market Value
| NRGV Stock | USD 1.24 0.01 0.81% |
| Symbol | Energy |
Energy Vault Holdings Price To Book Ratio
Is Electrical Components & Equipment space 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 Energy Vault. If investors know Energy 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 Energy Vault listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 2.064 | Quarterly Revenue Growth (0.91) | Return On Assets (0.19) | Return On Equity (0.40) |
The market value of Energy Vault Holdings is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Vault's value that differs from its market value or its book value, called intrinsic value, which is Energy Vault'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 Energy Vault's market value can be influenced by many factors that don't directly affect Energy Vault'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 Energy Vault's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Vault is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Vault'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.
Energy Vault '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 Energy Vault'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 Energy Vault.
| 10/28/2022 |
| 10/17/2024 |
If you would invest 0.00 in Energy Vault on October 28, 2022 and sell it all today you would earn a total of 0.00 from holding Energy Vault Holdings or generate 0.0% return on investment in Energy Vault over 720 days. Energy Vault is related to or competes with Altus Power, Ormat Technologies, Enlight Renewable, Fusion Fuel, and Renew Energy. Energy Vault Holdings, Inc. develops and sells energy storage solutions More
Energy Vault 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 Energy Vault'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 Energy Vault Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.59 | |||
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 36.92 | |||
| Value At Risk | (10.87) | |||
| Potential Upside | 15.79 |
Energy Vault Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energy Vault's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energy Vault's standard deviation. In reality, there are many statistical measures that can use Energy Vault historical prices to predict the future Energy Vault's volatility.| Risk Adjusted Performance | 0.0168 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.0283 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energy Vault'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.
Energy Vault Holdings Backtested Returns
Energy Vault appears to be dangerous, given 3 months investment horizon. Energy Vault Holdings secures Sharpe Ratio (or Efficiency) of 0.0519, which denotes the company had a 0.0519% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Energy Vault Holdings, which you can use to evaluate the volatility of the firm. Please utilize Energy Vault's Downside Deviation of 6.59, coefficient of variation of 10378.32, and Mean Deviation of 5.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Energy Vault holds a performance score of 4. The firm shows a Beta (market volatility) of 2.4, 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, Energy Vault will likely underperform. Please check Energy Vault's sortino ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Energy Vault's price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Energy Vault Holdings has below average predictability. Overlapping area represents the amount of predictability between Energy Vault time series from 28th of October 2022 to 23rd of October 2023 and 23rd of October 2023 to 17th of October 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Energy Vault Holdings price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Energy Vault price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.26 |
Energy Vault Holdings lagged returns against current returns
Autocorrelation, which is Energy Vault 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 Energy Vault's stock expected returns. We can calculate the autocorrelation of Energy Vault returns to help us make a trade decision. For example, suppose you find that Energy Vault 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Energy Vault 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 Energy Vault stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energy Vault stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energy Vault stock over time.
Current vs Lagged Prices |
| Timeline |
Energy Vault Lagged Returns
When evaluating Energy Vault's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energy Vault stock have on its future price. Energy Vault 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, Energy Vault autocorrelation shows the relationship between Energy Vault stock current value and its past values and can show if there is a momentum factor associated with investing in Energy Vault Holdings.
Regressed Prices |
| Timeline |
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Additional Tools for Energy Stock Analysis
When running Energy Vault's price analysis, check to measure Energy Vault'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 Energy Vault is operating at the current time. Most of Energy Vault's value examination focuses on studying past and present price action to predict the probability of Energy Vault's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Vault's price. Additionally, you may evaluate how the addition of Energy Vault to your portfolios can decrease your overall portfolio volatility.