Solid Power Stock Probability of Future Stock Price Finishing Over 1.0
| SLDP Stock | USD 1.16 0.06 5.45% |
Solid |
Solid Power Target Price Odds to finish over 1.0
The tendency of Solid Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 1.00 in 90 days |
| 1.16 | 90 days | 1.00 | close to 99 |
Based on a normal probability distribution, the odds of Solid Power to stay above $ 1.00 in 90 days from now is close to 99 (This Solid Power probability density function shows the probability of Solid Stock to fall within a particular range of prices over 90 days) . Probability of Solid Power price to stay between $ 1.00 and its current price of $1.16 at the end of the 90-day period is about 17.26 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.52 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Solid Power will likely underperform. Additionally Solid Power has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Solid Power Price Density |
| Price |
Predictive Modules for Solid Power
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solid Power. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Solid Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Solid Power Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solid Power is not an exception. The market had few large corrections towards the Solid Power's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Solid Power, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solid Power within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.56 | |
β | Beta against Dow Jones | 1.52 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.15 |
Solid Power Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Solid Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solid Power can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solid Power generated a negative expected return over the last 90 days | |
| Solid Power may become a speculative penny stock | |
| Solid Power has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 17.41 M. Net Loss for the year was (65.55 M) with profit before overhead, payroll, taxes, and interest of 2.2 M. | |
| Solid Power currently holds about 484.3 M in cash with (58.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: US Penny Stocks 3 Picks With Market Caps Over 100M |
Solid Power Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Solid Stock often depends not only on the future outlook of the current and potential Solid Power's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Solid Power's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 178 M | |
| Cash And Short Term Investments | 176 M |
Solid Power Technical Analysis
Solid Power's future price can be derived by breaking down and analyzing its technical indicators over time. Solid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solid Power. In general, you should focus on analyzing Solid Stock price patterns and their correlations with different microeconomic environments and drivers.
Solid Power Predictive Forecast Models
Solid Power's time-series forecasting models is one of many Solid Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Solid Power's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Solid Power
Checking the ongoing alerts about Solid Power for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solid Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solid Power generated a negative expected return over the last 90 days | |
| Solid Power may become a speculative penny stock | |
| Solid Power has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 17.41 M. Net Loss for the year was (65.55 M) with profit before overhead, payroll, taxes, and interest of 2.2 M. | |
| Solid Power currently holds about 484.3 M in cash with (58.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.78, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: US Penny Stocks 3 Picks With Market Caps Over 100M |
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.