Solitario Exploration Stock Forecast - Value At Risk
| XPL Stock | USD 0.61 0.01 1.67% |
Solitario Stock Forecast is based on your current time horizon. Although Solitario Exploration's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Solitario Exploration's systematic risk associated with finding meaningful patterns of Solitario Exploration fundamentals over time.
Solitario |
| Check Solitario Exploration Volatility | Backtest Solitario Exploration | Information Ratio |
Solitario Exploration Trading Date Momentum
| On November 29 2024 Solitario Exploration Royalty was traded for 0.61 at the closing time. Highest Solitario Exploration's price during the trading hours was 0.62 and the lowest price during the day was 0.60 . The net volume was 17.8 K. The overall trading history on the 29th of November did not result in any price rise and fall. The trading price change to current price is 1.64% . |
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Other Forecasting Options for Solitario Exploration
For every potential investor in Solitario, whether a beginner or expert, Solitario Exploration's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Solitario Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Solitario. Basic forecasting techniques help filter out the noise by identifying Solitario Exploration's price trends.Solitario Exploration Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Solitario Exploration stock to make a market-neutral strategy. Peer analysis of Solitario Exploration could also be used in its relative valuation, which is a method of valuing Solitario Exploration by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Solitario Exploration Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Solitario Exploration's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Solitario Exploration's current price.| Cycle Indicators | ||
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Solitario Exploration Market Strength Events
Market strength indicators help investors to evaluate how Solitario Exploration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solitario Exploration shares will generate the highest return on investment. By undertsting and applying Solitario Exploration stock market strength indicators, traders can identify Solitario Exploration Royalty entry and exit signals to maximize returns.
Solitario Exploration Risk Indicators
The analysis of Solitario Exploration's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Solitario Exploration's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting solitario stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.66 | |||
| Standard Deviation | 4.03 | |||
| Variance | 16.27 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solitario Exploration. If investors know Solitario will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solitario Exploration listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Revenue Per Share (0.01) | Quarterly Revenue Growth (0.19) | Return On Assets (0.15) | Return On Equity (0.21) |
The market value of Solitario Exploration is measured differently than its book value, which is the value of Solitario that is recorded on the company's balance sheet. Investors also form their own opinion of Solitario Exploration's value that differs from its market value or its book value, called intrinsic value, which is Solitario Exploration's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solitario Exploration's market value can be influenced by many factors that don't directly affect Solitario Exploration's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solitario Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solitario Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solitario Exploration's 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.