SolTech Energy (Sweden) Probability of Future Stock Price Finishing Over 4.56
| SOLT Stock | SEK 4.56 0.08 1.72% |
SolTech |
SolTech Energy Target Price Odds to finish over 4.56
The tendency of SolTech Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 4.56 | 90 days | 4.56 | about 64.53 |
Based on a normal probability distribution, the odds of SolTech Energy to move above the current price in 90 days from now is about 64.53 (This SolTech Energy Sweden probability density function shows the probability of SolTech Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SolTech Energy Sweden has a beta of -0.79. This usually implies as returns on the benchmark increase, returns on holding SolTech Energy are expected to decrease at a much lower rate. During a bear market, however, SolTech Energy Sweden is likely to outperform the market. Additionally SolTech Energy Sweden has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. SolTech Energy Price Density |
| Price |
Predictive Modules for SolTech Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SolTech Energy Sweden. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SolTech 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.
SolTech Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SolTech Energy is not an exception. The market had few large corrections towards the SolTech Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SolTech Energy Sweden, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SolTech Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | -0.79 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.03 |
SolTech Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SolTech Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SolTech Energy Sweden can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SolTech Energy had very high historical volatility over the last 90 days | |
| SolTech Energy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 70.81 M in total debt with debt to equity ratio (D/E) of 167.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SolTech Energy Sweden has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist SolTech Energy until it has trouble settling it off, either with new capital or with free cash flow. So, SolTech Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SolTech Energy Sweden sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SolTech to invest in growth at high rates of return. When we think about SolTech Energy's use of debt, we should always consider it together with cash and equity. | |
| SolTech Energy Sweden has accumulated about 182.89 M in cash with (105.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.19. |
SolTech Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SolTech Stock often depends not only on the future outlook of the current and potential SolTech Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SolTech Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 335.8 M |
SolTech Energy Technical Analysis
SolTech Energy's future price can be derived by breaking down and analyzing its technical indicators over time. SolTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SolTech Energy Sweden. In general, you should focus on analyzing SolTech Stock price patterns and their correlations with different microeconomic environments and drivers.
SolTech Energy Predictive Forecast Models
SolTech Energy's time-series forecasting models is one of many SolTech Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary SolTech Energy'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 stock market movement and maximize returns from investment trading.
Things to note about SolTech Energy Sweden
Checking the ongoing alerts about SolTech Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SolTech Energy Sweden help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SolTech Energy had very high historical volatility over the last 90 days | |
| SolTech Energy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 70.81 M in total debt with debt to equity ratio (D/E) of 167.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SolTech Energy Sweden has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist SolTech Energy until it has trouble settling it off, either with new capital or with free cash flow. So, SolTech Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SolTech Energy Sweden sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SolTech to invest in growth at high rates of return. When we think about SolTech Energy's use of debt, we should always consider it together with cash and equity. | |
| SolTech Energy Sweden has accumulated about 182.89 M in cash with (105.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.19. |
Check out SolTech Energy Backtesting, SolTech Energy Valuation, SolTech Energy Correlation, SolTech Energy Hype Analysis, SolTech Energy Volatility, SolTech Energy History as well as SolTech Energy Performance. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for SolTech Stock analysis
When running SolTech Energy's price analysis, check to measure SolTech 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 SolTech Energy is operating at the current time. Most of SolTech Energy's value examination focuses on studying past and present price action to predict the probability of SolTech 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 SolTech Energy's price. Additionally, you may evaluate how the addition of SolTech Energy to your portfolios can decrease your overall portfolio volatility.
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