Solid State System Stock Current Valuation
| 3259 Stock | TWD 22.60 0.35 1.53% |
Valuation analysis of Solid State System helps investors to measure Solid State's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Solid State's price fluctuation is not too volatile at this time. Calculation of the real value of Solid State System is based on 3 months time horizon. Increasing Solid State's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Solid stock is determined by what a typical buyer is willing to pay for full or partial control of Solid State System. Since Solid State is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Solid Stock. However, Solid State's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 22.6 | Real 20.47 | Hype 22.95 | Naive 22.47 |
The intrinsic value of Solid State's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Solid State's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Solid State System helps investors to forecast how Solid stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Solid State more accurately as focusing exclusively on Solid State's fundamentals will not take into account other important factors: Solid State System Company Current Valuation Analysis
Solid State's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Solid State System has a Current Valuation of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Semiconductors industry. The current valuation for all Taiwan stocks is 100.0% higher than that of the company.
Solid Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solid State's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solid State could also be used in its relative valuation, which is a method of valuing Solid State by comparing valuation metrics of similar companies.Solid State is currently under evaluation in current valuation category among its peers.
Solid Fundamentals
About Solid State Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solid State System's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solid State using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solid State System based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Solid State
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solid State position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solid State will appreciate offsetting losses from the drop in the long position's value.Moving together with Solid Stock
Moving against Solid Stock
| 0.6 | 2379 | Realtek Semiconductor | PairCorr |
| 0.53 | 2609 | Yang Ming Marine | PairCorr |
| 0.41 | 2603 | Evergreen Marine Corp | PairCorr |
The ability to find closely correlated positions to Solid State could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solid State when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solid State - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solid State System to buy it.
The correlation of Solid State is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solid State moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solid State System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solid State can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.