Solid State (UK) Price on August 19, 2024

SOLI Stock   127.50  2.50  1.92%   
Below is the normalized historical share price chart for Solid State Plc extending back to July 09, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Solid State stands at 127.50, as last reported on the 24th of December, with the highest price reaching 128.00 and the lowest price hitting 121.13 during the day.
200 Day MA
253.125
50 Day MA
176.8
Beta
1.062
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Solid Stock, it is important to understand the factors that can impact its price. Solid State Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Solid State Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solid State's Variance of 32.37, risk adjusted performance of (0.10), and Coefficient Of Variation of (702.91) to confirm the risk estimate we provide.
  
At this time, Solid State's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 119.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 39.6 M in 2024. . Solid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1362

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Estimated Market Risk

 5.76
  actual daily
51
51% of assets are less volatile

Expected Return

 -0.78
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Solid State is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Solid State by adding Solid State to a well-diversified portfolio.
Price Book
1.1642
Enterprise Value Ebitda
5.9518
Price Sales
0.4454
Shares Float
33.8 M
Wall Street Target Price
192

Solid State Valuation on August 19, 2024

It is possible to determine the worth of Solid State on a given historical date. On August 19, 2024 Solid was worth 271.04 at the beginning of the trading date compared to the closed value of 271.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solid State stock. Still, in general, we apply an absolute valuation method to find Solid State's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Solid State where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solid State's related companies.
 Open High Low Close Volume
  268.31    273.80    268.31    271.04    42,390  
08/19/2024
  271.04    272.82    267.08    271.04    17,025  
  271.04    271.61    268.27    271.04    47,980  
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Open Value
271.04
253.76
Downside
271.04
Closing Value
288.32
Upside

Solid State Trading Date Momentum on August 19, 2024

On August 20 2024 Solid State Plc was traded for  271.04  at the closing time. The highest price during the trading period was 271.61  and the lowest recorded bid was listed for  268.27 . The volume for the day was 48 K. This history from August 20, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.91% .

Solid State Plc Fundamentals Correlations and Trends

By evaluating Solid State's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Solid State's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solid financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Solid State Stock history

Solid State investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Solid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solid State Plc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Solid State stock prices may prove useful in developing a viable investing in Solid State
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58.3 M39.6 M
Net Income Applicable To Common Shares7.7 M8.1 M

Solid State Quarterly Net Working Capital

31.1 Million

Solid State Stock Technical Analysis

Solid State 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.
A focus of Solid State technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Solid State trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Solid State Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Solid State Plc cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Solid State December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Solid State stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solid State shares will generate the highest return on investment. By undertsting and applying Solid State stock market strength indicators, traders can identify Solid State Plc entry and exit signals to maximize returns

Solid State Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Solid State's price direction in advance. Along with the technical and fundamental analysis of Solid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solid to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Solid Stock Analysis

When running Solid State's price analysis, check to measure Solid State'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 State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State'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 State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.