Solo Brands Stock Market Value
| DTC Stock | USD 1.27 0.08 6.72% |
| Symbol | Solo |
Solo Brands Price To Book Ratio
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solo Brands. If investors know Solo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solo Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (3.35) | Revenue Per Share 8.184 | Quarterly Revenue Growth (0.15) | Return On Assets (0.03) |
The market value of Solo Brands is measured differently than its book value, which is the value of Solo that is recorded on the company's balance sheet. Investors also form their own opinion of Solo Brands' value that differs from its market value or its book value, called intrinsic value, which is Solo Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solo Brands' market value can be influenced by many factors that don't directly affect Solo Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solo Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Solo Brands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Solo Brands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Solo Brands.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Solo Brands on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Solo Brands or generate 0.0% return on investment in Solo Brands over 30 days. Solo Brands is related to or competes with Qurate Retail, Hour Loop, 1StdibsCom, Baozun, Vipshop Holdings, Liquidity Services, and JD. Solo Brands, Inc. operates a direct-to-consumer platform that offers outdoor lifestyle branded products in the United St... More
Solo Brands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Solo Brands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Solo Brands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 19.35 | |||
| Value At Risk | (6.38) | |||
| Potential Upside | 7.19 |
Solo Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solo Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solo Brands' standard deviation. In reality, there are many statistical measures that can use Solo Brands historical prices to predict the future Solo Brands' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Solo Brands' 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.
Solo Brands Backtested Returns
Solo Brands owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0535, which indicates the firm had a -0.0535% return per unit of risk over the last 3 months. Solo Brands exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solo Brands' Risk Adjusted Performance of (0.02), coefficient of variation of (3,242), and Variance of 17.14 to confirm the risk estimate we provide. The entity has a beta of 1.86, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Solo Brands will likely underperform. At this point, Solo Brands has a negative expected return of -0.22%. Please make sure to validate Solo Brands' treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Solo Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Solo Brands has modest reverse predictability. Overlapping area represents the amount of predictability between Solo Brands time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Solo Brands price movement. The serial correlation of -0.47 indicates that about 47.0% of current Solo Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Solo Brands lagged returns against current returns
Autocorrelation, which is Solo Brands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Solo Brands' stock expected returns. We can calculate the autocorrelation of Solo Brands returns to help us make a trade decision. For example, suppose you find that Solo Brands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Solo Brands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Solo Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solo Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solo Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Solo Brands Lagged Returns
When evaluating Solo Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solo Brands stock have on its future price. Solo Brands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Solo Brands autocorrelation shows the relationship between Solo Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Solo Brands.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Solo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Solo Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Solo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Solo Brands Stock:Check out Solo Brands Correlation, Solo Brands Volatility and Solo Brands Alpha and Beta module to complement your research on Solo Brands. For information on how to trade Solo Stock refer to our How to Trade Solo Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Solo Brands 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.