Solid Power Stock Probability of Future Stock Price Finishing Over 35.30

SLDPW Stock  USD 0.10  0.01  9.09%   
Solid Power's future price is the expected price of Solid Power instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Solid Power performance during a given time horizon utilizing its historical volatility. Check out Solid Power Backtesting, Solid Power Valuation, Solid Power Correlation, Solid Power Hype Analysis, Solid Power Volatility, Solid Power History as well as Solid Power Performance.
For more information on how to buy Solid Stock please use our How to Invest in Solid Power guide.
  
Price To Sales Ratio is likely to drop to 14.08 in 2024. Price Earnings Ratio is likely to drop to -4.13 in 2024. Please specify Solid Power's target price for which you would like Solid Power odds to be computed.

Solid Power Target Price Odds to finish over 35.30

The tendency of Solid 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 PriceHorizonTarget PriceOdds to move over $ 35.30  or more in 90 days
 0.10 90 days 35.30 
close to zero percent
Based on a normal probability distribution, the odds of Solid Power to move over $ 35.30  or more in 90 days from now is close to zero percent (This Solid Power probability density function shows the probability of Solid Stock to fall within a particular range of prices over 90 days) . Probability of Solid Power price to stay between its current price of $ 0.10  and $ 35.30  at the end of the 90-day period is about 78.02 .
Assuming the 90 days horizon Solid Power has a beta of -0.41. This usually implies as returns on the benchmark increase, returns on holding Solid Power are expected to decrease at a much lower rate. During a bear market, however, Solid Power is likely to outperform the market. Additionally Solid Power has an alpha of 0.1259, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Solid Power Price Density   
       Price  

Predictive Modules for Solid Power

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solid Power. 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.
Hype
Prediction
LowEstimatedHigh
0.010.1111.81
Details
Intrinsic
Valuation
LowRealHigh
0.000.0911.79
Details
Naive
Forecast
LowNextHigh
00.1111.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.100.12
Details

Solid Power Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Solid Power is not an exception. The market had few large corrections towards the Solid Power'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 Solid Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solid Power within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.13
β
Beta against Dow Jones-0.41
σ
Overall volatility
0.01
Ir
Information ratio -0.0015

Solid Power 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 Solid Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solid Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Solid Power had very high historical volatility over the last 90 days
Solid Power has some characteristics of a very speculative penny stock
Solid Power has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 17.41 M. Net Loss for the year was (65.55 M) with profit before overhead, payroll, taxes, and interest of 0.
Solid Power has accumulated about 109.27 M in cash with (58.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from news.google.com: Eversource Energy An Undervalued Solid Power Utility Stock - Seeking Alpha

Solid Power 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 Solid Stock often depends not only on the future outlook of the current and potential Solid Power'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. Solid Power's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding178 M
Cash And Short Term Investments176 M

Solid Power Technical Analysis

Solid Power's future price can be derived by breaking down and analyzing its technical indicators over time. Solid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solid Power. In general, you should focus on analyzing Solid Stock price patterns and their correlations with different microeconomic environments and drivers.

Solid Power Predictive Forecast Models

Solid Power's time-series forecasting models is one of many Solid Power'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 Solid Power'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 Solid Power

Checking the ongoing alerts about Solid Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solid Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Solid Power had very high historical volatility over the last 90 days
Solid Power has some characteristics of a very speculative penny stock
Solid Power has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 17.41 M. Net Loss for the year was (65.55 M) with profit before overhead, payroll, taxes, and interest of 0.
Solid Power has accumulated about 109.27 M in cash with (58.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from news.google.com: Eversource Energy An Undervalued Solid Power Utility Stock - Seeking Alpha

Additional 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.