Solid Power Stock Technical Analysis
SLDP Stock | USD 1.66 0.02 1.22% |
As of the 23rd of April, Solid Power has the Semi Deviation of 4.29, coefficient of variation of 880.16, and Risk Adjusted Performance of 0.079. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Solid Power, as well as the relationship between them. 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 break down nineteen technical drivers for Solid Power, which can be compared to its competition. Please validate Solid Power standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Solid Power is priced more or less accurately, providing market reflects its prevalent price of 1.66 per share. Please also confirm Solid Power total risk alpha, which is currently at (0.11) to double-check the company can sustain itself at a future point.
Solid Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Solid, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SolidSolid |
Solid Power Analyst Consensus
Target Price | Advice | # of Analysts | |
3.5 | Buy | 5 | Odds |
Most Solid 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 Solid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Solid Power, talking to its executives and customers, or listening to Solid conference calls.
Solid Power 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.
Solid Power 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 Solid Power volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Solid Power Trend Analysis
Use this graph to draw trend lines for Solid Power. You can use it to identify possible trend reversals for Solid Power 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 Solid Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Solid Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Solid Power applied against its price change over selected period. The best fit line has a slop of 0 , which means Solid Power will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Solid Power price change compared to its average price change.About Solid Power 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 Solid Power 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 Solid Power based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Solid Power price pattern first instead of the macroeconomic environment surrounding Solid Power. By analyzing Solid Power'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 Solid Power'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 Solid Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001716 | 0.001973 | 0.001875 | Price To Sales Ratio | 37.57 | 14.83 | 14.08 |
Solid Power April 23, 2024 Technical Indicators
Most technical analysis of Solid 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 Solid from various momentum indicators to cycle indicators. When you analyze Solid 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 | 0.079 | |||
Market Risk Adjusted Performance | 0.1519 | |||
Mean Deviation | 4.43 | |||
Semi Deviation | 4.29 | |||
Downside Deviation | 4.64 | |||
Coefficient Of Variation | 880.16 | |||
Standard Deviation | 6.3 | |||
Variance | 39.7 | |||
Information Ratio | 0.0995 | |||
Jensen Alpha | 0.3118 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.135 | |||
Treynor Ratio | 0.1419 | |||
Maximum Drawdown | 37.42 | |||
Value At Risk | (7.78) | |||
Potential Upside | 9.88 | |||
Downside Variance | 21.54 | |||
Semi Variance | 18.42 | |||
Expected Short fall | (5.58) | |||
Skewness | 1.5 | |||
Kurtosis | 4.51 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solid Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Solid Stock, please use our How to Invest in Solid Power guide.Note that the Solid Power information on this page should be used as a complementary analysis to other Solid Power'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Solid Stock analysis
When running Solid Power's price analysis, check to measure Solid Power'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 Solid Power is operating at the current time. Most of Solid Power's value examination focuses on studying past and present price action to predict the probability of Solid Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid Power's price. Additionally, you may evaluate how the addition of Solid Power to your portfolios can decrease your overall portfolio volatility.
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Is Solid Power'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 Solid Power. If investors know Solid 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 Solid Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.098 | Quarterly Revenue Growth (0.44) | Return On Assets (0.10) | Return On Equity (0.12) |
The market value of Solid Power is measured differently than its book value, which is the value of Solid that is recorded on the company's balance sheet. Investors also form their own opinion of Solid Power's value that differs from its market value or its book value, called intrinsic value, which is Solid Power'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 Solid Power's market value can be influenced by many factors that don't directly affect Solid Power'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 Solid Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solid Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solid Power'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.