Solid Financial Statements From 2010 to 2025
| SLDP Stock | USD 1.66 0.03 1.84% |
Check Solid Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Solid Power's main balance sheet or income statement drivers, such as , as well as many indicators such as . Solid financial statements analysis is a perfect complement when working with Solid Power Valuation or Volatility modules.
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Solid Power Company Return On Equity Analysis
Solid Power's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Solid Power Return On Equity | -0.18 |
Most of Solid Power's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Solid Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Solid Power has a Return On Equity of -0.1775. This is 140.34% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is 42.74% lower than that of the firm.
Solid Power Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Solid Power's current stock value. Our valuation model uses many indicators to compare Solid Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solid Power competition to find correlations between indicators driving Solid Power's intrinsic value. More Info.Solid Power is currently regarded as top stock in return on equity category among its peers. It is rated fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Solid Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Solid Power Financial Statements
Solid Power shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Solid Power investors may analyze each financial statement separately, they are all interrelated. The changes in Solid Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Solid Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Solid Power, Inc. focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market in the United States. The company was founded in 2011 and is headquartered in Louisville, Colorado. Solid Power operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 127 people.
Pair Trading with Solid Power
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 Power 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 Power will appreciate offsetting losses from the drop in the long position's value.Moving against Solid Stock
| 0.67 | FIP | FTAI Infrastructure | PairCorr |
| 0.67 | NNBR | NN Inc | PairCorr |
| 0.64 | MPU | Mega Matrix Corp | PairCorr |
| 0.64 | VMI | Valmont Industries | PairCorr |
| 0.58 | WPRT | Westport Fuel Systems | PairCorr |
The ability to find closely correlated positions to Solid Power 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 Power 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 Power - 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 Power to buy it.
The correlation of Solid Power 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 Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solid Power 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 Power 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 Power's price analysis, check to measure Solid Power'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 Power is operating at the current time. Most of Solid Power's value examination focuses on studying past and present price action to predict the probability of Solid Power'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 Power's price. Additionally, you may evaluate how the addition of Solid Power to your portfolios can decrease your overall portfolio volatility.