How to Invest in Soluna Holdings?
Soluna Holdings Investing Guide | SLNH |
- Research Soluna Holdings' stock before investing in Soluna Holdings. It's a good idea to research the company and its stock by analyzing its financial statements, reading news articles, and studying its historical performance, including its growth strategy, change in net worth, competition, and potential risks.
- Choose a brokerage firm to buy shares of Soluna Holdings. We recommend well-established brokerages such as Charles Schwab, Fidelity, TD Ameritrade, and Robinhood, but in many ways, it will depend on your individual needs, preferences, and investment goals.
- Open an account at one of the brokerages you have selected. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account. You will need to deposit funds into your brokerage account to purchase Soluna Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order. Once you have located Soluna Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock.
It's important to note that investing in stocks such as Soluna Holdings carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions regarding Soluna Stock. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to invest safely in Soluna Holdings.
Research Soluna Holdings Stock
Researching Soluna Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E).
About 27.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.99. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Soluna Holdings recorded a loss per share of 9.63. The entity last dividend was issued on the 21st of March 2019. The firm had 1:25 split on the 16th of October 2023. Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. Soluna Hldgs operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 54 people. To find out more about Soluna Holdings contact John Belizaire at 516-216-9257 or learn more at https://www.solunacomputing.com. Other things to consider when investing in Soluna
Another important aspect of Soluna Holdings' research is to evaluate the company's potential for future growth. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Soluna Holdings' research are outlined below:
| Soluna Holdings generated a negative expected return over the last 90 days | |
| Soluna Holdings has high historical volatility and very poor performance | |
| Soluna Holdings may become a speculative penny stock | |
| Soluna Holdings has a very high chance of going through financial distress in the upcoming years | |
| Soluna Holdings currently holds 19.77 M in liabilities with Debt to Equity (D/E) ratio of 0.22, which may suggest the company is not taking enough advantage from borrowing. Soluna Holdings has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Soluna Holdings' use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 21.07 M. Net Loss for the year was (29.2 M) with profit before overhead, payroll, taxes, and interest of 29.14 M. | |
| Soluna Holdings currently holds about 4.63 M in cash with (2.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Soluna Holdings has a frail financial position based on the latest SEC disclosures | |
| Roughly 27.0% of Soluna Holdings outstanding shares are owned by corporate insiders |
Check Soluna Holdings' earnings reports
Soluna Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Soluna Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Soluna Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Follow Soluna Holdings' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.68 M.Evaluate Soluna Holdings' profitablity
The company has Profit Margin (PM) of (0.77) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.38) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.38.Determining Soluna Holdings' profitability involves analyzing its financial statements and using various financial metrics to assess its ability to generate profits. Also, when deciding whether to invest in Soluna Holdings, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Soluna Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Soluna Holdings' profitability and make more informed investment decisions.
Basic technical analysis of Soluna Stock
As of the 30th of January, Soluna Holdings has the Risk Adjusted Performance of (0.05), variance of 61.4, and Coefficient Of Variation of (1,372). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Soluna Holdings, as well as the relationship between them.Check Soluna Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Soluna Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Soluna Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Soluna Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Evaluate Soluna Holdings' Outstanding Corporate Bonds
Soluna Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Soluna Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Soluna bonds can be classified according to their maturity, which is the date when Soluna Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Soluna Holdings' technical indicators
Using predictive indicators to make investment decisions involves analyzing Soluna Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.39) | |||
| Mean Deviation | 5.95 | |||
| Coefficient Of Variation | (1,372) | |||
| Standard Deviation | 7.84 | |||
| Variance | 61.4 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (1.40) | |||
| Maximum Drawdown | 39.08 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 14.64 | |||
| Skewness | 0.3924 | |||
| Kurtosis | 0.5147 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.39) | |||
| Mean Deviation | 5.95 | |||
| Coefficient Of Variation | (1,372) | |||
| Standard Deviation | 7.84 | |||
| Variance | 61.4 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (1.40) | |||
| Maximum Drawdown | 39.08 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 14.64 | |||
| Skewness | 0.3924 | |||
| Kurtosis | 0.5147 |
Consider Soluna Holdings' intraday indicators
Soluna Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Soluna Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 15055.35 | |||
| Daily Balance Of Power | (0.08) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1.98 | |||
| Day Typical Price | 1.97 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.01) |
Choose a brokerage platform to buy Soluna Holdings' shares
In investing, finding the right broker is a crucial step for anyone looking to embark on a journey into the stock market. It all begins with a thorough comparison of costs and fees, as low-cost or commission-free brokers can significantly impact an investor's returns. However, the cheapest option is not always the best choice. The adventure continues with exploring various trading platforms, seeking one that is user-friendly, reliable, and functional. The ideal platform will provide the necessary research, analysis, and investment monitoring tools. As the quest goes on, it's essential to consider the different account types brokers offer, such as individual, joint, and retirement accounts. In addition, for those interested in trading on margin, brokers offering margin accounts should also be considered. The journey leads to the discovery of brokers that provide a wide range of investment options, including stocks, bonds, ETFs, and mutual funds. This diversity allows investors to build well-rounded portfolios that suit their needs and goals. Customer service is another crucial factor in this decision-making process. The perfect broker would have a responsive, knowledgeable, and available customer support team ready to assist with various issues or investment decisions. Aspiring investors should seek brokers with quality research, market analysis, and educational resources. These tools are essential for making informed decisions and improving investment knowledge. It's also vital to ensure that the broker is regulated by an appropriate regulatory body and has robust security measures to protect personal and financial information. Additionally, account minimums and funding options should be taken into consideration. A broker with flexible account minimums and various funding options, such as wire transfers, ACH transfers, or check deposits, will cater to different investor needs. A seamless mobile and web experience is a must in today's fast-paced world. The ideal broker will allow investors to manage their investments easily on the go. Finally, it is essential to consider various brokers' reviews and conduct reputation analysis. By reading online assessments and seeking recommendations, valuable insights into each broker's reputation can be gathered. After a thorough investigation, you can find a broker that checks all the boxes and aligns with their preferences and requirements regarding taking a position in Soluna Holdings.
Open brokerage account to buy Soluna Stock
Once you've selected a broker, visit their website or a local branch to initiate the account-opening process. Most brokers offer online account opening, which is typically faster and more convenient. When you begin the process, you'll need to select the type of account you want to open. This may include individual, joint, or retirement accounts. Some brokers may also offer margin accounts, which allow you to trade on margin. Next, you'll need to complete the application form. Whether you're filling out an online or paper application, you'll need to provide personal information, such as your name, address, Social Security Number or other tax identification number, date of birth, and employment information. You may also be asked about your investment experience, financial situation, and goals. After completing the application form, review it carefully for accuracy and submit it to the broker. Some brokers may require you to provide additional documentation, such as a copy of your driver's license or passport, for identity verification. Once your application is submitted, the broker will review it and may run a background check or verify your credit history. You'll receive an email or notification with your new brokerage account details if your application is approved.
Fund your account to invest in Soluna Stock
Once your account is open, you can fund it by linking your bank account to your brokerage account. To do this, log in to your brokerage account and look for an option to add or link a bank account. You will need to provide your bank account number and the routing number for your bank. This information can be found on your checks or by contacting your bank. After linking your bank account, you can initiate a transfer of funds from your bank account to your brokerage account. This process may vary depending on the brokerage, but generally, you will need to navigate to the funding or deposit section of the brokerage website or app. From there, you can choose the linked bank account and enter the amount you wish to transfer. Keep in mind that there may be limits on the amount you can transfer in a single transaction, and the transfer may take several business days to complete. Some brokerages also offer other funding options, such as wire transfers, mailing a check, or transferring assets from another brokerage. If you prefer to use one of these methods, check with your brokerage firm for specific instructions. Once the funds are in your brokerage account, you can use them to purchase investments such as stocks, bonds, mutual funds, or other financial instruments.
Place your Soluna Stock order
Placing a Soluna Holdings purchase order involves providing instructions to your selected brokerage firm to aquare shares of Soluna Holdings on your behalf. First, your will need to access your brokerage account through their website or mobile app using your login credentials. Make sure you have sufficient funds in your account to cover the cost of the stock purchase, including any applicable fees or commissions. Once you are logged in, locate the trading platform or order entry section within the brokerage interface. It may be labeled as "Trade," "Order Entry," or something similar. Next, you will need to provide the necessary information to place your stock order. This typically includes: .
After entering the necessary information, review your order carefully to ensure it reflects your intentions accurately. When you are ready, submit your order by clicking the "Submit," "Place Order," or equivalent button. Your brokerage firm will then execute your order according to your instructions, subject to market conditions and the availability of shares. Keep in mind that market orders may be executed immediately, while limit orders, stop orders, and stop-limit orders will only be executed if the specified conditions are met. Finally, monitor your order status and confirm its execution. You can usually find this information in the "Order History" or "Order Status" section of your brokerage account.
| Ticker | Enter the ticker symbol, which is the unique series of letters representing the stock, e.g., SLNH for Soluna Holdings | |
| Type | Choose the type of order you want to place. The most common order types are market orders, limit orders, stop orders, and stop-limit orders. Each order type has its own advantages and drawbacks, so be sure to research and understand them before placing your order. | |
| Quantity | Specify the number of shares you want to buy or sell | |
| Duration | Indicate the duration for which your order will be active. You can choose from options like "Day" (valid only for the current trading day) or "Good 'til Canceled" (valid until you manually cancel the order) |
Monitor your Soluna Stock position
Monitoring your stock positions with your brokerage involves regularly checking the status and performance of your investments. Here's how you can monitor your stock positions using your brokerage account: First, access your account by signing in to your brokerage firm's website or mobile app using your login credentials. Once you're logged in, look for the section that displays your account information and portfolio holdings. This section may be labeled as "Portfolio," "Positions," "Holdings," or something similar. In this section, you'll generally find a list of the stocks and other investments that you own, along with relevant details such as the number of shares, the current market value, and the percentage change in value since the last trading day's close. You might also see the total cost of your investment, your current profit or loss, and the percentage gain or loss. Many brokerages also provide tools and features that allow you to analyze and track your stock positions more effectively. These may include:
As you continue to monitor your Soluna Stock position, remember that in order to be an effective trader, it is critical to understand your entire portfolio's sensitivity to market volatility and how your single Soluna Holdings position affects your overall exposure to market risk. One of the techniques to manage your overall risk is pair trading, a market-neutral trading strategy enabling traders to profit from virtually any market condition, whether it is experiencing an uptrend or downtrend movement.
| Performance Charts | These charts visually represent the historical price movement of your stocks over different time frames. You can use them to assess the trends and volatility of your investments. | |
| Stock Alerts | You can set up custom alerts to receive notifications when a stock reaches a certain price, percentage change, or other criteria. This can help you stay informed about significant market movements affecting your investments. | |
| Watchlists | Create watchlists to track the performance of stocks you are interested in but have not yet purchased. This can help you identify potential opportunities or risks. | |
| Research Tools | Brokerages often provide access to research tools, such as stock screeners, analyst reports, and financial statements, to help you make more informed investment decisions. |
Moving together with Soluna Stock
| 0.85 | ANY | Sphere 3D Corp | PairCorr |
| 0.81 | CLSK | CleanSpark Earnings Call This Week | PairCorr |
| 0.71 | S | SentinelOne | PairCorr |
| 0.63 | ZS | Zscaler | PairCorr |
Moving against Soluna Stock
| 0.87 | NTRP | NextTrip Symbol Change | PairCorr |
| 0.73 | KD | Kyndryl Holdings | PairCorr |
| 0.69 | VRRM | Verra Mobility Corp | PairCorr |
| 0.5 | FKWL | Franklin Wireless Corp | PairCorr |
| 0.44 | FCUV | Focus Universal | PairCorr |
| 0.43 | EZFL | EzFill Holdings | PairCorr |
| 0.42 | VCSA | Vacasa Inc | PairCorr |
Follow Soluna Stock across various news and media outlets
Far too much social signal, news, headlines, and media speculation about Soluna Holdings that are available to investors today. That information is available publicly through Soluna media outlets and privately through word of mouth or via Soluna internal channels. However, regardless of the origin, that massive amount of Soluna data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Soluna Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Soluna Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Soluna Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Soluna Holdings alpha.