Soluna Holdings Preferred Preferred Stock Return On Equity
| SLNHP Preferred Stock | USD 11.99 0.30 2.44% |
Soluna Holdings Preferred fundamentals help investors to digest information that contributes to Soluna Holdings' financial success or failures. It also enables traders to predict the movement of Soluna Preferred Stock. The fundamental analysis module provides a way to measure Soluna Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Soluna Holdings preferred stock.
Soluna |
Soluna Holdings Preferred Company Return On Equity Analysis
Soluna Holdings' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Soluna Holdings Return On Equity | -1.53 |
Most of Soluna Holdings' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Soluna Holdings Preferred is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Soluna Holdings Preferred has a Return On Equity of -1.5329. This is 87.26% lower than that of the Technology sector and 133.11% lower than that of the Information Technology Services industry. The return on equity for all United States preferred stocks is notably higher than that of the company.
Soluna Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Soluna Holdings' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Soluna Holdings could also be used in its relative valuation, which is a method of valuing Soluna Holdings by comparing valuation metrics of similar companies.Soluna Holdings is currently under evaluation in return on equity category among its peers.
Soluna Holdings ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Soluna Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Soluna Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Soluna Fundamentals
| Return On Equity | -1.53 | ||||
| Return On Asset | -0.24 | ||||
| Profit Margin | (2.25) % | ||||
| Operating Margin | (0.91) % | ||||
| Number Of Shares Shorted | 7.45 K | ||||
| Revenue | 14.35 M | ||||
| Gross Profit | 11.9 M | ||||
| EBITDA | 534 K | ||||
| Net Income | (6.39 M) | ||||
| Cash And Equivalents | 4.63 M | ||||
| Cash Per Share | 0.31 X | ||||
| Total Debt | 23.3 M | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 0.64 X | ||||
| Book Value Per Share | 4.24 X | ||||
| Cash Flow From Operations | 5.55 M | ||||
| Short Ratio | 1.05 X | ||||
| Earnings Per Share | (1.16) X | ||||
| Number Of Employees | 54 | ||||
| Beta | 2.35 | ||||
| Total Asset | 117.69 M | ||||
| Annual Yield | 0.87 % | ||||
| Net Asset | 117.69 M |
About Soluna Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Soluna Holdings Preferred's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Soluna Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Soluna Holdings Preferred based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Soluna Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Soluna Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Soluna Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Soluna Preferred Stock
Moving against Soluna Preferred Stock
| 0.81 | GMM | Global Mofy Metaverse | PairCorr |
| 0.44 | JFU | 9F Inc | PairCorr |
| 0.4 | GIB | CGI Inc | PairCorr |
| 0.35 | CTM | Castellum | PairCorr |
The ability to find closely correlated positions to Soluna Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soluna Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Soluna Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Soluna Holdings Preferred to buy it.
The correlation of Soluna Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Soluna Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soluna Holdings Preferred moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Soluna Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Soluna Preferred Stock Analysis
When running Soluna Holdings' price analysis, check to measure Soluna Holdings' 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 Soluna Holdings is operating at the current time. Most of Soluna Holdings' value examination focuses on studying past and present price action to predict the probability of Soluna Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soluna Holdings' price. Additionally, you may evaluate how the addition of Soluna Holdings to your portfolios can decrease your overall portfolio volatility.