Bloom Energy Corp Stock Market Value
BE Stock | USD 11.44 0.13 1.15% |
Symbol | Bloom |
Bloom Energy Corp Price To Book Ratio
Is Bloom 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 Bloom Energy. If investors know Bloom 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 Bloom 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 (1.42) | Revenue Per Share 6.27 | Quarterly Revenue Growth (0.23) | Return On Assets (0.02) | Return On Equity (0.68) |
The market value of Bloom Energy Corp is measured differently than its book value, which is the value of Bloom that is recorded on the company's balance sheet. Investors also form their own opinion of Bloom Energy's value that differs from its market value or its book value, called intrinsic value, which is Bloom 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 Bloom Energy's market value can be influenced by many factors that don't directly affect Bloom 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 Bloom Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bloom Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bloom 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.
Bloom 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 Bloom 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 Bloom Energy.
02/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in Bloom Energy on February 2, 2024 and sell it all today you would earn a total of 0.00 from holding Bloom Energy Corp or generate 0.0% return on investment in Bloom Energy over 90 days. Bloom Energy is related to or competes with Kimball Electronics, Hollysys Automation, Hayward Holdings, NVent Electric, Energizer Holdings, Espey Mfg, and Advanced Energy. Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power gene... More
Bloom 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 Bloom 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 Bloom Energy Corp upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.03) | |||
Maximum Drawdown | 24.31 | |||
Value At Risk | (8.69) | |||
Potential Upside | 7.13 |
Bloom Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bloom Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bloom Energy's standard deviation. In reality, there are many statistical measures that can use Bloom Energy historical prices to predict the future Bloom Energy's volatility.Risk Adjusted Performance | (0.000066) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bloom 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.
Bloom Energy Corp Backtested Returns
We consider Bloom Energy somewhat reliable. Bloom Energy Corp secures Sharpe Ratio (or Efficiency) of 0.0186, which signifies that the company had a 0.0186% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Bloom Energy Corp, which you can use to evaluate the volatility of the firm. Please confirm Bloom Energy's Risk Adjusted Performance of (0.000066), standard deviation of 4.65, and Mean Deviation of 3.3 to double-check if the risk estimate we provide is consistent with the expected return of 0.0856%. Bloom Energy has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.83, 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, Bloom Energy will likely underperform. Bloom Energy Corp right now shows a risk of 4.61%. Please confirm Bloom Energy Corp total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Bloom Energy Corp will be following its price patterns.
Auto-correlation | -0.36 |
Poor reverse predictability
Bloom Energy Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Bloom Energy time series from 2nd of February 2024 to 18th of March 2024 and 18th of March 2024 to 2nd of May 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 Bloom Energy Corp price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Bloom Energy price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.36 | |
Spearman Rank Test | 0.06 | |
Residual Average | 0.0 | |
Price Variance | 0.75 |
Bloom Energy Corp lagged returns against current returns
Autocorrelation, which is Bloom 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 Bloom Energy's stock expected returns. We can calculate the autocorrelation of Bloom Energy returns to help us make a trade decision. For example, suppose you find that Bloom 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 |
Bloom 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 Bloom Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bloom Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bloom Energy stock over time.
Current vs Lagged Prices |
Timeline |
Bloom Energy Lagged Returns
When evaluating Bloom Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bloom Energy stock have on its future price. Bloom 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, Bloom Energy autocorrelation shows the relationship between Bloom Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Bloom Energy Corp.
Regressed Prices |
Timeline |
Bloom Energy Investors Sentiment
The influence of Bloom 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 Bloom. 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 Bloom Energy's public news can be used to forecast risks associated with an investment in Bloom. The trend in average sentiment can be used to explain how an investor holding Bloom can time the market purely based on public headlines and social activities around Bloom Energy Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Bloom 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 Bloom 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 Bloom Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bloom Energy.
Bloom Energy Implied Volatility | 113.2 |
Bloom Energy's implied volatility exposes the market's sentiment of Bloom Energy Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bloom 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 Bloom Energy stock will not fluctuate a lot when Bloom 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 Bloom 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, Bloom Energy's short interest history, or implied volatility extrapolated from Bloom Energy options trading.
Pair Trading with Bloom Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bloom Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bloom Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bloom Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bloom Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bloom Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bloom Energy Corp to buy it.
The correlation of Bloom Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bloom Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bloom Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bloom Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Bloom Energy Correlation, Bloom Energy Volatility and Bloom Energy Alpha and Beta module to complement your research on Bloom Energy. Note that the Bloom Energy Corp information on this page should be used as a complementary analysis to other Bloom 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Bloom Stock analysis
When running Bloom Energy's price analysis, check to measure Bloom 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 Bloom Energy is operating at the current time. Most of Bloom Energy's value examination focuses on studying past and present price action to predict the probability of Bloom 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 Bloom Energy's price. Additionally, you may evaluate how the addition of Bloom Energy to your portfolios can decrease your overall portfolio volatility.
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Bloom 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.