Solaredge Technologies Stock Market Value
| SEDG Stock | USD 57.86 1.09 1.92% |
| Symbol | SolarEdge |
SolarEdge Technologies Price To Book Ratio
Is SolarEdge Technologies' 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 SolarEdge Technologies. If investors know SolarEdge 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 SolarEdge Technologies 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 6.598 | Earnings Share 0.6 | Revenue Per Share 52.629 | Quarterly Revenue Growth (0.65) | Return On Assets 0.0186 |
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' 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 SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' 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 SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' 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.
SolarEdge Technologies '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 SolarEdge Technologies' 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 SolarEdge Technologies.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in SolarEdge Technologies on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding SolarEdge Technologies or generate 0.0% return on investment in SolarEdge Technologies over 30 days. SolarEdge Technologies is related to or competes with Sunnova Energy, Nextracker, and Sunrun. SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current optimized inve... More
SolarEdge Technologies 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 SolarEdge Technologies' 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 SolarEdge Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 25.24 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 7.68 |
SolarEdge Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SolarEdge Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SolarEdge Technologies' standard deviation. In reality, there are many statistical measures that can use SolarEdge Technologies historical prices to predict the future SolarEdge Technologies' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SolarEdge Technologies' 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.
SolarEdge Technologies Backtested Returns
SolarEdge Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0386, which indicates the firm had a -0.0386% return per unit of risk over the last 3 months. SolarEdge Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SolarEdge Technologies' Risk Adjusted Performance of (0.02), variance of 20.06, and Coefficient Of Variation of (2,248) to confirm the risk estimate we provide. The entity has a beta of 3.76, which indicates 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, SolarEdge Technologies will likely underperform. SolarEdge Technologies has an expected return of -0.18%. Please make sure to validate SolarEdge Technologies value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if SolarEdge Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
SolarEdge Technologies has weak reverse predictability. Overlapping area represents the amount of predictability between SolarEdge Technologies time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 SolarEdge Technologies price movement. The serial correlation of -0.21 indicates that over 21.0% of current SolarEdge Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 28.38 |
SolarEdge Technologies lagged returns against current returns
Autocorrelation, which is SolarEdge Technologies 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 SolarEdge Technologies' stock expected returns. We can calculate the autocorrelation of SolarEdge Technologies returns to help us make a trade decision. For example, suppose you find that SolarEdge Technologies 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 |
SolarEdge Technologies 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 SolarEdge Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SolarEdge Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SolarEdge Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
SolarEdge Technologies Lagged Returns
When evaluating SolarEdge Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SolarEdge Technologies stock have on its future price. SolarEdge Technologies 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, SolarEdge Technologies autocorrelation shows the relationship between SolarEdge Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SolarEdge Technologies.
Regressed Prices |
| Timeline |
SolarEdge Technologies Investors Sentiment
The influence of SolarEdge Technologies' 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 SolarEdge. 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 SolarEdge Technologies' public news can be used to forecast risks associated with an investment in SolarEdge. The trend in average sentiment can be used to explain how an investor holding SolarEdge can time the market purely based on public headlines and social activities around SolarEdge Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SolarEdge Technologies' 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 SolarEdge Technologies' 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 SolarEdge Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on SolarEdge Technologies.
SolarEdge Technologies Implied Volatility | 158.81 |
SolarEdge Technologies' implied volatility exposes the market's sentiment of SolarEdge Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SolarEdge Technologies' 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 SolarEdge Technologies stock will not fluctuate a lot when SolarEdge Technologies' 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 SolarEdge Technologies 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, SolarEdge Technologies' short interest history, or implied volatility extrapolated from SolarEdge Technologies options trading.
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When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:Check out SolarEdge Technologies Correlation, SolarEdge Technologies Volatility and SolarEdge Technologies Alpha and Beta module to complement your research on SolarEdge Technologies. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.Note that the SolarEdge Technologies information on this page should be used as a complementary analysis to other SolarEdge Technologies' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for SolarEdge Stock analysis
When running SolarEdge Technologies' price analysis, check to measure SolarEdge Technologies' 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 SolarEdge Technologies is operating at the current time. Most of SolarEdge Technologies' value examination focuses on studying past and present price action to predict the probability of SolarEdge Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SolarEdge Technologies' price. Additionally, you may evaluate how the addition of SolarEdge Technologies to your portfolios can decrease your overall portfolio volatility.
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SolarEdge Technologies 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.