Solventum Corp Stock Technical Analysis
| SOLV Stock | 71.99 0.48 0.67% |
As of the 3rd of December, Solventum Corp has the Risk Adjusted Performance of 0.1138, coefficient of variation of 701.91, and Semi Deviation of 1.4. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Solventum Corp, as well as the relationship between them. Please validate Solventum Corp standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Solventum Corp is priced more or less accurately, providing market reflects its prevalent price of 71.99 per share. Given that Solventum Corp has jensen alpha of 0.1283, we advise you to double-check Solventum Corp's current market performance to make sure the company can sustain itself at a future point.
Solventum Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Solventum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SolventumSolventum |
Solventum Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 69.67 | Buy | 10 | Odds |
Most Solventum analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Solventum stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Solventum Corp, talking to its executives and customers, or listening to Solventum conference calls.
Solventum Corp 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.
Solventum Corp Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Solventum Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Solventum Corp Trend Analysis
Use this graph to draw trend lines for Solventum Corp. You can use it to identify possible trend reversals for Solventum Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Solventum Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Solventum Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Solventum Corp applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Solventum Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 57.8, which is the sum of squared deviations for the predicted Solventum Corp price change compared to its average price change.About Solventum Corp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Solventum Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Solventum Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Solventum Corp price pattern first instead of the macroeconomic environment surrounding Solventum Corp. By analyzing Solventum Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Solventum Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Solventum Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 52.58 | 52.57 | 57.58 | 43.39 | PTB Ratio | 1.14 | 1.18 | 4.05 | 4.25 |
Solventum Corp December 3, 2024 Technical Indicators
Most technical analysis of Solventum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Solventum from various momentum indicators to cycle indicators. When you analyze Solventum charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.1138 | |||
| Market Risk Adjusted Performance | 0.3143 | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.4 | |||
| Downside Deviation | 1.52 | |||
| Coefficient Of Variation | 701.91 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.29 | |||
| Information Ratio | 0.0603 | |||
| Jensen Alpha | 0.1283 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0599 | |||
| Treynor Ratio | 0.3043 | |||
| Maximum Drawdown | 6.7 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.44 | |||
| Downside Variance | 2.32 | |||
| Semi Variance | 1.95 | |||
| Expected Short fall | (1.34) | |||
| Skewness | (0.46) | |||
| Kurtosis | 0.1228 |
Additional Tools for Solventum Stock Analysis
When running Solventum Corp's price analysis, check to measure Solventum Corp'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 Solventum Corp is operating at the current time. Most of Solventum Corp's value examination focuses on studying past and present price action to predict the probability of Solventum Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solventum Corp's price. Additionally, you may evaluate how the addition of Solventum Corp to your portfolios can decrease your overall portfolio volatility.