Shoals Technologies Group Stock Performance
| SHLS Stock | USD 4.41 0.16 3.50% |
The entity has a beta of 1.22, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Shoals Technologies will likely underperform. At this point, Shoals Technologies has a negative expected return of -0.47%. Please make sure to validate Shoals Technologies' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Shoals Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Shoals Technologies Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's essential indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return (3.50) | Five Day Return (7.16) | Year To Date Return (70.93) | Ten Year Return (85.77) | All Time Return (85.77) |
1 | Shoals Technologies Group Inc Q3 Earnings Revenue Hits 102. ... | 11/14/2024 |
2 | Shoals Technologies Q3 Still A Lot Of Uncertainty On The Horizon - Seeking Alpha | 11/19/2024 |
3 | Acquisition by Brandon Moss of 22300 shares of Shoals Technologies at 4.55 subject to Rule 16b-3 | 11/21/2024 |
4 | Acquisition by Dominic Bardos of 15000 shares of Shoals Technologies at 4.71 subject to Rule 16b-3 | 11/22/2024 |
5 | Shoals Technologies stock gets Buy rating BofA sees barriers to entry driving growth | 11/25/2024 |
6 | Shoals Technologies SWOT analysis stock faces headwinds amid expansion | 11/26/2024 |
7 | Disposition of 4300 shares by Dominic Bardos of Shoals Technologies at 4.69 subject to Rule 16b-3 | 12/05/2024 |
8 | Shoals Technologies chief accounting officer sells 4,012 in stock | 12/06/2024 |
9 | Investor Optimism Abounds Shoals Technologies Group, Inc. But Growth Is Lacking | 12/12/2024 |
| Begin Period Cash Flow | 8.8 M |
Shoals |
Shoals Technologies Relative Risk vs. Return Landscape
If you would invest 630.00 in Shoals Technologies Group on September 14, 2024 and sell it today you would lose (192.00) from holding Shoals Technologies Group or give up 30.48% of portfolio value over 90 days. Shoals Technologies Group is currently does not generate positive expected returns and assumes 4.4199% risk (volatility on return distribution) over the 90 days horizon. In different words, 39% of stocks are less volatile than Shoals, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Shoals Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shoals Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Shoals Technologies Group, and traders can use it to determine the average amount a Shoals Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1057
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| Negative Returns | SHLS |
Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shoals Technologies 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 Shoals Technologies by adding Shoals Technologies to a well-diversified portfolio.
Shoals Technologies Fundamentals Growth
Shoals Stock prices reflect investors' perceptions of the future prospects and financial health of Shoals Technologies, and Shoals Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Shoals Stock performance.
| Return On Equity | 0.0615 | ||||
| Return On Asset | 0.0507 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 892.46 M | ||||
| Shares Outstanding | 166.7 M | ||||
| Price To Earning | 264.09 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 1.80 X | ||||
| Revenue | 488.94 M | ||||
| Gross Profit | 131.31 M | ||||
| EBITDA | 89.56 M | ||||
| Net Income | 39.97 M | ||||
| Cash And Equivalents | 11.2 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 184.7 M | ||||
| Current Ratio | 2.60 X | ||||
| Book Value Per Share | 3.27 X | ||||
| Cash Flow From Operations | 91.95 M | ||||
| Earnings Per Share | 0.20 X | ||||
| Market Capitalization | 761.81 M | ||||
| Total Asset | 843.99 M | ||||
| Retained Earnings | 74.45 M | ||||
| Working Capital | 134.56 M | ||||
About Shoals Technologies Performance
Assessing Shoals Technologies' fundamental ratios provides investors with valuable insights into Shoals Technologies' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Shoals Technologies is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 60.11 | 57.88 | |
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.11 | 0.13 | |
| Return On Assets | 0.05 | 0.08 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Shoals Technologies performance evaluation
Checking the ongoing alerts about Shoals Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Shoals Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Shoals Technologies generated a negative expected return over the last 90 days | |
| Shoals Technologies has high historical volatility and very poor performance | |
| Shoals Technologies has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from simplywall.st: Investor Optimism Abounds Shoals Technologies Group, Inc. But Growth Is Lacking |
- Analyzing Shoals Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Shoals Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Shoals Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Shoals Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Shoals Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Shoals Technologies' stock. These opinions can provide insight into Shoals Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Shoals Stock Analysis
When running Shoals Technologies' price analysis, check to measure Shoals Technologies' 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 Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.