We advise to exercise Solar Alliance fundamental analysis to find out if markets are presently mispricing the firm. In other words this technique allows you to confirm available indicators of Solar Alliance Energy as well as the relationship between them. We were able to break down and interpolate twenty-eight available drivers for Solar Alliance Energy, which can be compared to its competition. The stock experiences a very speculative upward sentiment. Check odds of Solar Alliance to be traded at C$0.05 in 90 days. Key indicators impacting Solar Alliance's financial strength include:
Understanding current and past Solar Alliance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Solar Alliance's financial statements are interrelated, with each one affecting the others. For example, an increase in Solar Alliance's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Solar Alliance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Solar Alliance Energy. Check Solar Alliance's Beneish M Score to see the likelihood of Solar Alliance's management manipulating its earnings.
Solar Alliance Stock Summary
Solar Alliance Energy Inc. provides energy solutions in Canada, the United States, and Ireland. Solar Alliance Energy Inc. was founded in 2003 and is based in White Rock, Canada. SOLAR ALLIANCE operates under Solar classification in Canada and is traded on TSX Venture Exchange.
Foreign Associate
USA
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
You should never invest in Solar Alliance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Solar Stock, because this is throwing your money away. Analyzing the key information contained in Solar Alliance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Solar Alliance Key Financial Ratios
There are many critical financial ratios that Solar Alliance's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Solar Alliance Energy reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Solar Alliance's current stock value. Our valuation model uses many indicators to compare Solar Alliance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solar Alliance competition to find correlations between indicators driving Solar Alliance's intrinsic value. More Info.
Solar Alliance Energy is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Solar Alliance's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Solar Alliance's earnings, one of the primary drivers of an investment's value.
Solar Alliance Energy Systematic Risk
Solar Alliance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Solar Alliance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Solar Alliance Energy correlated with the market. If Beta is less than 0 Solar Alliance generally moves in the opposite direction as compared to the market. If Solar Alliance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Solar Alliance Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Solar Alliance is generally in the same direction as the market. If Beta > 1 Solar Alliance moves generally in the same direction as, but more than the movement of the benchmark.
Solar Alliance Energy Total Assets Over Time
Today, most investors in Solar Alliance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Solar Alliance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Solar Alliance growth as a starting point in their analysis.
Solar Alliance November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Solar Alliance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Solar Alliance Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Solar Alliance Energy based on widely used predictive technical indicators. In general, we focus on analyzing Solar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Solar Alliance's daily price indicators and compare them against related drivers.
When running Solar Alliance's price analysis, check to measure Solar Alliance'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 Solar Alliance is operating at the current time. Most of Solar Alliance's value examination focuses on studying past and present price action to predict the probability of Solar Alliance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar Alliance's price. Additionally, you may evaluate how the addition of Solar Alliance to your portfolios can decrease your overall portfolio volatility.