Solid Power Stock Price on May 7, 2024
| SLDPW Stock | USD 0.12 0.01 9.09% |
If you're considering investing in Solid Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solid Power stands at 0.12, as last reported on the 1st of December, with the highest price reaching 0.12 and the lowest price hitting 0.10 during the day. At this stage we consider Solid Stock to be out of control. Solid Power owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.009, which indicates the firm had a 0.009% return per unit of risk over the last 3 months. We have found thirty technical indicators for Solid Power, which you can use to evaluate the volatility of the company. Please validate Solid Power's Risk Adjusted Performance of 0.0164, coefficient of variation of 10686.95, and Semi Deviation of 9.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.0936%.
Stock Based Compensation is likely to climb to about 10.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 359.5 M in 2024. . Price To Sales Ratio is likely to drop to 14.08 in 2024. Price Earnings Ratio is likely to drop to -4.13 in 2024. Solid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solid |
Sharpe Ratio = 0.009
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Estimated Market Risk
| 10.41 actual daily | 92 92% of assets are less volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solid Power is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Solid Power by adding Solid Power to a well-diversified portfolio.
Book Value 2.446 | Shares Float 151.5 M | Shares Short Prior Month 26.4 K | Earnings Share (46.38) | Shares Short 24.5 K |
Solid Power Valuation on May 7, 2024
It is possible to determine the worth of Solid Power on a given historical date. On May 7, 2024 Solid was worth 0.19 at the beginning of the trading date compared to the closed value of 0.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solid Power stock. Still, in general, we apply an absolute valuation method to find Solid Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Solid Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solid Power's related companies.
| Open | High | Low | Close | Volume | |
| 0.20 | 0.21 | 0.20 | 0.20 | 20,764 | |
05/07/2024 | 0.19 | 0.21 | 0.19 | 0.21 | 3,695 |
| 0.19 | 0.19 | 0.19 | 0.19 | 397.00 |
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Solid Power Trading Date Momentum on May 7, 2024
| On May 08 2024 Solid Power was traded for 0.19 at the closing time. The highest daily price throughout the period was 0.19 and the lowest price was 0.19 . The daily volume was 397. The net trading volume on 05/08/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 9.52% . The trading price change to current closing price is 4.76% . |
Solid Power Fundamentals Correlations and Trends
By evaluating Solid Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Solid Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solid Power Stock history
Solid Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Solid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solid Power will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Solid Power stock prices may prove useful in developing a viable investing in Solid Power
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 178 M | 166.6 M |
Solid Power Quarterly Net Working Capital |
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Solid Power Stock Technical Analysis
Solid Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Solid Power Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Solid Power cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Solid Power December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Solid Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solid Power shares will generate the highest return on investment. By undertsting and applying Solid Power stock market strength indicators, traders can identify Solid Power entry and exit signals to maximize returns
Solid Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solid Power's price direction in advance. Along with the technical and fundamental analysis of Solid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solid to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0164 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (1.63) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0739 |
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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.