Solaris Resources Current Valuation vs. Shares Owned By Institutions

SLS Stock   4.51  0.23  5.37%   
Based on Solaris Resources' profitability indicators, Solaris Resources may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Solaris Resources' ability to earn profits and add value for shareholders. At this time, Solaris Resources' Income Quality is very stable compared to the past year. As of the 23rd of December 2024, Graham Number is likely to grow to 0.99, while PTB Ratio is likely to drop 12.93.
For Solaris Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solaris Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solaris Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solaris Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solaris Resources over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Solaris Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solaris Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solaris Resources' 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.

Solaris Resources Shares Owned By Institutions vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Solaris Resources's current stock value. Our valuation model uses many indicators to compare Solaris Resources value to that of its competitors to determine the firm's financial worth.
Solaris Resources is rated fifth in current valuation category among its peers. It is rated fourth in shares owned by institutions category among its peers . The ratio of Current Valuation to Shares Owned By Institutions for Solaris Resources is about  27,862,495 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Solaris Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Solaris Resources' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Solaris Current Valuation vs. Competition

Solaris Resources is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 14.23 Billion. Solaris Resources holds roughly 728.05 Million in current valuation claiming about 5% of all equities under Materials industry.

Solaris Shares Owned By Institutions vs. Current Valuation

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.

Solaris Resources

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
728.05 M
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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

Solaris Resources

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
26.13 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

Solaris Shares Owned By Institutions Comparison

Solaris Resources is currently under evaluation in shares owned by institutions category among its peers.

Solaris Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Solaris Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solaris Resources will eventually generate negative long term returns. The profitability progress is the general direction of Solaris Resources' change in net profit over the period of time. It can combine multiple indicators of Solaris Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.6 M1.5 M
Interest Income508 K482.6 K
Operating Income-41.4 M-43.5 M
Income Before Tax-41.1 M-43.1 M
Total Other Income Expense Net339 K493.9 K
Net Loss-52.8 M-50.2 M
Net Loss-41.1 M-43.1 M
Net Interest Income508 K256.3 K
Net Loss-41.1 M-43.1 M
Income Tax Expense(75.00)(78.75)
Change To Netincome3.3 M1.7 M
Net Loss(0.29)(0.30)
Income Quality 0.93  1.61 
Net Income Per E B T 1.00  1.05 

Solaris Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Solaris Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Solaris Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Solaris Resources' important profitability drivers and their relationship over time.

Use Solaris Resources in pair-trading

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 Solaris Resources 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 Solaris Resources will appreciate offsetting losses from the drop in the long position's value.

Solaris Resources Pair Trading

Solaris Resources Pair Trading Analysis

The ability to find closely correlated positions to Solaris Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaris Resources 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 Solaris Resources - 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 Solaris Resources to buy it.
The correlation of Solaris Resources 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 Solaris Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Resources 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 Solaris Resources 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Solaris Resources position

In addition to having Solaris Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Other Information on Investing in Solaris Stock

To fully project Solaris Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Solaris Resources at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Solaris Resources' income statement, its balance sheet, and the statement of cash flows.
Potential Solaris Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Solaris Resources investors may work on each financial statement separately, they are all related. The changes in Solaris Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Solaris Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.