Solo Brands Stock Technical Analysis
| DTC Stock | USD 1.95 0.01 0.52% |
As of the 3rd of June, Solo Brands has the Risk Adjusted Performance of (0.06), variance of 14.07, and Coefficient Of Variation of (954.64). Solo Brands technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Solo Brands, which can be compared to its competition. Please validate Solo Brands standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Solo Brands is priced more or less accurately, providing market reflects its prevalent price of 1.95 per share. Please also confirm Solo Brands jensen alpha, which is currently at (0.47) to double-check the company can sustain itself at a future point.
Solo Brands Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Solo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoloSolo |
Solo Brands Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.4 | Buy | 7 | Odds |
Most Solo 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 Solo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Solo Brands, talking to its executives and customers, or listening to Solo conference calls.
Solo Brands 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.
Solo Brands Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Solo Brands volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Solo Brands Trend Analysis
Use this graph to draw trend lines for Solo Brands. You can use it to identify possible trend reversals for Solo Brands as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Solo Brands price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Solo Brands Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Solo Brands applied against its price change over selected period. The best fit line has a slop of 0.0058 , which may imply that the returns on investment in Solo Brands will continue to fail. It has 122 observation points and a regression sum of squares at 1.26, which is the sum of squared deviations for the predicted Solo Brands price change compared to its average price change.About Solo Brands Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Solo Brands on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Solo Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Solo Brands price pattern first instead of the macroeconomic environment surrounding Solo Brands. By analyzing Solo Brands's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Solo Brands's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Solo Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0224 | 0.0202 | 0.0212 | Price To Sales Ratio | 3.66 | 0.75 | 0.72 |
Solo Brands June 3, 2024 Technical Indicators
Most technical analysis of Solo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Solo from various momentum indicators to cycle indicators. When you analyze Solo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 2.71 | |||
| Coefficient Of Variation | (954.64) | |||
| Standard Deviation | 3.75 | |||
| Variance | 14.07 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 23.63 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 5.08 | |||
| Skewness | (0.57) | |||
| Kurtosis | 2.82 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Solo Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Solo Stock analysis
When running Solo Brands' price analysis, check to measure Solo Brands' 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 Solo Brands is operating at the current time. Most of Solo Brands' value examination focuses on studying past and present price action to predict the probability of Solo Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solo Brands' price. Additionally, you may evaluate how the addition of Solo Brands to your portfolios can decrease your overall portfolio volatility.
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Is Solo Brands' 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 Solo Brands. If investors know Solo 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 Solo Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (1.91) | Revenue Per Share 8.323 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0097 |
The market value of Solo Brands is measured differently than its book value, which is the value of Solo that is recorded on the company's balance sheet. Investors also form their own opinion of Solo Brands' value that differs from its market value or its book value, called intrinsic value, which is Solo Brands' 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 Solo Brands' market value can be influenced by many factors that don't directly affect Solo Brands' 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 Solo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solo Brands' 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.