Clean Energy Technologies, Stock Market Value
| CETY Stock | USD 0.69 0.05 6.76% |
| Symbol | Clean |
Clean Energy Technol Price To Book Ratio
Is Heavy Electrical 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 Clean Energy. If investors know Clean 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 Clean 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 (0.15) | Revenue Per Share 0.336 | Quarterly Revenue Growth (0.93) | Return On Assets (0.21) | Return On Equity (1.15) |
The market value of Clean Energy Technol is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Energy's value that differs from its market value or its book value, called intrinsic value, which is Clean 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 Clean Energy's market value can be influenced by many factors that don't directly affect Clean 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 Clean Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean 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.
Clean 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 Clean 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 Clean Energy.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Clean Energy on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Clean Energy Technologies, or generate 0.0% return on investment in Clean Energy over 180 days. Clean Energy is related to or competes with Sun Pacific. Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focus... More
Clean 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 Clean 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 Clean Energy Technologies, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 30.72 | |||
| Value At Risk | (6.76) | |||
| Potential Upside | 9.78 |
Clean Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clean Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clean Energy's standard deviation. In reality, there are many statistical measures that can use Clean Energy historical prices to predict the future Clean Energy's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Clean 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.
Clean Energy Technol Backtested Returns
Clean Energy Technol secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of standard deviation over the last 3 months. Clean Energy Technologies, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clean Energy's mean deviation of 3.81, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.48, which signifies 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, Clean Energy will likely underperform. At this point, Clean Energy Technol has a negative expected return of -0.6%. Please make sure to confirm Clean Energy's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Clean Energy Technol performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Clean Energy Technologies, has modest predictability. Overlapping area represents the amount of predictability between Clean Energy time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Clean Energy Technol price movement. The serial correlation of 0.53 indicates that about 53.0% of current Clean Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Clean Energy Technol lagged returns against current returns
Autocorrelation, which is Clean 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 Clean Energy's stock expected returns. We can calculate the autocorrelation of Clean Energy returns to help us make a trade decision. For example, suppose you find that Clean Energy 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 |
Clean 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 Clean Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clean Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clean Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Clean Energy Lagged Returns
When evaluating Clean Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clean Energy stock have on its future price. Clean 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, Clean Energy autocorrelation shows the relationship between Clean Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Clean Energy Technologies,.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Clean Stock Analysis
When running Clean Energy's price analysis, check to measure Clean 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 Clean Energy is operating at the current time. Most of Clean Energy's value examination focuses on studying past and present price action to predict the probability of Clean 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 Clean Energy's price. Additionally, you may evaluate how the addition of Clean Energy to your portfolios can decrease your overall portfolio volatility.