Solar Alliance Energy Stock Probability of Future Stock Price Finishing Over 0.0294
| SOLR Stock | CAD 0.03 0.01 25.00% |
Solar |
Solar Alliance Target Price Odds to finish over 0.0294
The tendency of Solar 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 C$ 0.03 in 90 days |
| 0.03 | 90 days | 0.03 | close to 99 |
Based on a normal probability distribution, the odds of Solar Alliance to stay above C$ 0.03 in 90 days from now is close to 99 (This Solar Alliance Energy probability density function shows the probability of Solar Stock to fall within a particular range of prices over 90 days) . Probability of Solar Alliance Energy price to stay between C$ 0.03 and its current price of C$0.03 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Solar Alliance Energy has a beta of -1.99. This usually implies as returns on its benchmark rise, returns on holding Solar Alliance Energy are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Solar Alliance is expected to outperform its benchmark. Additionally Solar Alliance Energy has an alpha of 0.0361, implying that it can generate a 0.0361 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Solar Alliance Price Density |
| Price |
Predictive Modules for Solar Alliance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solar Alliance Energy. 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.Solar Alliance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solar Alliance is not an exception. The market had few large corrections towards the Solar Alliance'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 Solar Alliance Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solar Alliance within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | -1.99 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.02 |
Solar Alliance 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 Solar Alliance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solar Alliance Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solar Alliance generated a negative expected return over the last 90 days | |
| Solar Alliance has high historical volatility and very poor performance | |
| Solar Alliance has some characteristics of a very speculative penny stock | |
| Solar Alliance has a very high chance of going through financial distress in the upcoming years | |
| Solar Alliance Energy has accumulated 137.5 K in total debt. Solar Alliance Energy has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Solar Alliance until it has trouble settling it off, either with new capital or with free cash flow. So, Solar Alliance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Solar Alliance Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solar to invest in growth at high rates of return. When we think about Solar Alliance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.47 M. Net Loss for the year was (1.81 M) with profit before overhead, payroll, taxes, and interest of 663.58 K. | |
| About 42.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Solar Alliance Lands Major Solar Project in Kentucky - TipRanks |
Solar Alliance 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 Solar Stock often depends not only on the future outlook of the current and potential Solar Alliance'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. Solar Alliance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 275 M |
Solar Alliance Technical Analysis
Solar Alliance's future price can be derived by breaking down and analyzing its technical indicators over time. Solar Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solar Alliance Energy. In general, you should focus on analyzing Solar Stock price patterns and their correlations with different microeconomic environments and drivers.
Solar Alliance Predictive Forecast Models
Solar Alliance's time-series forecasting models is one of many Solar Alliance'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 Solar Alliance'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 Solar Alliance Energy
Checking the ongoing alerts about Solar Alliance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solar Alliance Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solar Alliance generated a negative expected return over the last 90 days | |
| Solar Alliance has high historical volatility and very poor performance | |
| Solar Alliance has some characteristics of a very speculative penny stock | |
| Solar Alliance has a very high chance of going through financial distress in the upcoming years | |
| Solar Alliance Energy has accumulated 137.5 K in total debt. Solar Alliance Energy has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Solar Alliance until it has trouble settling it off, either with new capital or with free cash flow. So, Solar Alliance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Solar Alliance Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Solar to invest in growth at high rates of return. When we think about Solar Alliance's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.47 M. Net Loss for the year was (1.81 M) with profit before overhead, payroll, taxes, and interest of 663.58 K. | |
| About 42.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Solar Alliance Lands Major Solar Project in Kentucky - TipRanks |
Additional Tools for Solar Stock Analysis
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.