Solidion Technology Stock Market Value
| STI Stock | USD 0.43 0.02 4.44% |
| Symbol | Solidion |
Solidion Technology Price To Book Ratio
Is Electrical Components & Equipment space 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 Solidion Technology. If investors know Solidion 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 Solidion Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.32) | Quarterly Revenue Growth (0.78) | Return On Assets (0.96) |
The market value of Solidion Technology is measured differently than its book value, which is the value of Solidion that is recorded on the company's balance sheet. Investors also form their own opinion of Solidion Technology's value that differs from its market value or its book value, called intrinsic value, which is Solidion Technology'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 Solidion Technology's market value can be influenced by many factors that don't directly affect Solidion Technology'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 Solidion Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solidion Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solidion Technology'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.
Solidion Technology '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 Solidion Technology's 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 Solidion Technology.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Solidion Technology on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Solidion Technology or generate 0.0% return on investment in Solidion Technology over 30 days. Solidion Technology is related to or competes with Plug Power, FREYR Battery, FuelCell Energy, Enovix Corp, Microvast Holdings, and Eos Energy. SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for cons... More
Solidion Technology 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 Solidion Technology's 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 Solidion Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.19 | |||
| Information Ratio | 0.0377 | |||
| Maximum Drawdown | 48.88 | |||
| Value At Risk | (11.36) | |||
| Potential Upside | 15.15 |
Solidion Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solidion Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solidion Technology's standard deviation. In reality, there are many statistical measures that can use Solidion Technology historical prices to predict the future Solidion Technology's volatility.| Risk Adjusted Performance | 0.0495 | |||
| Jensen Alpha | 0.522 | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | 0.0383 | |||
| Treynor Ratio | (0.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Solidion Technology's 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.
Solidion Technology Backtested Returns
Solidion Technology appears to be out of control, given 3 months investment horizon. Solidion Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. By inspecting Solidion Technology's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please review Solidion Technology's Semi Deviation of 6.61, coefficient of variation of 1895.6, and Risk Adjusted Performance of 0.0495 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Solidion Technology holds a performance score of 8. The entity has a beta of -0.81, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Solidion Technology are expected to decrease at a much lower rate. During the bear market, Solidion Technology is likely to outperform the market. Please check Solidion Technology's maximum drawdown and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Solidion Technology's existing price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Solidion Technology has very weak reverse predictability. Overlapping area represents the amount of predictability between Solidion Technology time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Solidion Technology price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Solidion Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Solidion Technology lagged returns against current returns
Autocorrelation, which is Solidion Technology 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 Solidion Technology's stock expected returns. We can calculate the autocorrelation of Solidion Technology returns to help us make a trade decision. For example, suppose you find that Solidion Technology 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 |
Solidion Technology 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 Solidion Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solidion Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solidion Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Solidion Technology Lagged Returns
When evaluating Solidion Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solidion Technology stock have on its future price. Solidion Technology 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, Solidion Technology autocorrelation shows the relationship between Solidion Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Solidion Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Solidion Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solidion Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solidion Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solidion Technology Stock:Check out Solidion Technology Correlation, Solidion Technology Volatility and Solidion Technology Alpha and Beta module to complement your research on Solidion Technology. For more detail on how to invest in Solidion Stock please use our How to Invest in Solidion Technology guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Solidion Technology 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.