Solteq PLC (Finland) Probability of Future Stock Price Finishing Over 0.59
| SOLTEQ Stock | EUR 0.59 0.01 1.72% |
Solteq |
Solteq PLC Target Price Odds to finish over 0.59
The tendency of Solteq 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 |
| 0.59 | 90 days | 0.59 | about 90.92 |
Based on a normal probability distribution, the odds of Solteq PLC to move above the current price in 90 days from now is about 90.92 (This Solteq PLC probability density function shows the probability of Solteq Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Solteq PLC has a beta of 0.13. This usually implies as returns on the market go up, Solteq PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solteq PLC will be expected to be much smaller as well. Additionally Solteq PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Solteq PLC Price Density |
| Price |
Predictive Modules for Solteq PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solteq PLC. 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 Solteq PLC'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.
Solteq PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solteq PLC is not an exception. The market had few large corrections towards the Solteq PLC'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 Solteq PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solteq PLC within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.21 | |
β | Beta against NYSE Composite | 0.13 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.08 |
Solteq PLC 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 Solteq PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solteq PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solteq PLC generated a negative expected return over the last 90 days | |
| Solteq PLC has some characteristics of a very speculative penny stock | |
| Solteq PLC has high likelihood to experience some financial distress in the next 2 years | |
| Solteq PLC has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Solteq PLC has accumulated 24.22 M in total debt with debt to equity ratio (D/E) of 136.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Solteq PLC has a current ratio of 0.81, 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 Solteq PLC until it has trouble settling it off, either with new capital or with free cash flow. So, Solteq PLC'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 Solteq PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solteq to invest in growth at high rates of return. When we think about Solteq PLC's use of debt, we should always consider it together with cash and equity. | |
| About 22.0% of Solteq PLC outstanding shares are owned by corporate insiders |
Solteq PLC 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 Solteq Stock often depends not only on the future outlook of the current and potential Solteq PLC'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. Solteq PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.4 M |
Solteq PLC Technical Analysis
Solteq PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Solteq Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solteq PLC. In general, you should focus on analyzing Solteq Stock price patterns and their correlations with different microeconomic environments and drivers.
Solteq PLC Predictive Forecast Models
Solteq PLC's time-series forecasting models is one of many Solteq PLC'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 Solteq PLC'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 Solteq PLC
Checking the ongoing alerts about Solteq PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solteq PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solteq PLC generated a negative expected return over the last 90 days | |
| Solteq PLC has some characteristics of a very speculative penny stock | |
| Solteq PLC has high likelihood to experience some financial distress in the next 2 years | |
| Solteq PLC has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Solteq PLC has accumulated 24.22 M in total debt with debt to equity ratio (D/E) of 136.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Solteq PLC has a current ratio of 0.81, 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 Solteq PLC until it has trouble settling it off, either with new capital or with free cash flow. So, Solteq PLC'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 Solteq PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solteq to invest in growth at high rates of return. When we think about Solteq PLC's use of debt, we should always consider it together with cash and equity. | |
| About 22.0% of Solteq PLC outstanding shares are owned by corporate insiders |
Other Information on Investing in Solteq Stock
Solteq PLC financial ratios help investors to determine whether Solteq Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solteq with respect to the benefits of owning Solteq PLC security.