Sol Gel Technologies Stock Market Value
| SLGL Stock | USD 1.65 1.22 283.72% |
| Symbol | Sol |
Sol Gel Technologies Price To Book Ratio
Is Pharmaceuticals 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 Sol Gel. If investors know Sol 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 Sol Gel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 0.235 | Quarterly Revenue Growth 8.146 | Return On Assets (0.22) | Return On Equity (0.36) |
The market value of Sol Gel Technologies is measured differently than its book value, which is the value of Sol that is recorded on the company's balance sheet. Investors also form their own opinion of Sol Gel's value that differs from its market value or its book value, called intrinsic value, which is Sol Gel's 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 Sol Gel's market value can be influenced by many factors that don't directly affect Sol Gel's 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 Sol Gel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sol Gel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sol Gel's 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.
Sol Gel '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 Sol Gel's 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 Sol Gel.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Sol Gel on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Sol Gel Technologies or generate 0.0% return on investment in Sol Gel over 720 days. Sol Gel is related to or competes with Pmv Pharmaceuticals, MediciNova, Pharvaris, PepGen, Aerovate Therapeutics, Adagene, and Acrivon Therapeutics,. Sol-Gel Technologies Ltd., a clinical stage specialty pharmaceutical company, focuses on developing and commercializing ... More
Sol Gel 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 Sol Gel's 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 Sol Gel Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.88 | |||
| Information Ratio | 0.1016 | |||
| Maximum Drawdown | 22.05 | |||
| Value At Risk | (9.26) | |||
| Potential Upside | 9.09 |
Sol Gel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sol Gel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sol Gel's standard deviation. In reality, there are many statistical measures that can use Sol Gel historical prices to predict the future Sol Gel's volatility.| Risk Adjusted Performance | 0.092 | |||
| Jensen Alpha | 3.39 | |||
| Total Risk Alpha | 2.09 | |||
| Sortino Ratio | 0.6105 | |||
| Treynor Ratio | 0.5432 |
Sol Gel Technologies Backtested Returns
Sol Gel is out of control given 3 months investment horizon. Sol Gel Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.82% are justified by taking the suggested risk. Use Sol Gel Technologies Risk Adjusted Performance of 0.092, coefficient of variation of 972.47, and Semi Deviation of 3.85 to evaluate company specific risk that cannot be diversified away. Sol Gel holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 6.67, 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, Sol Gel will likely underperform. Use Sol Gel Technologies expected short fall, and the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Sol Gel Technologies.
Auto-correlation | 0.71 |
Good predictability
Sol Gel Technologies has good predictability. Overlapping area represents the amount of predictability between Sol Gel time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th of December 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 Sol Gel Technologies price movement. The serial correlation of 0.71 indicates that around 71.0% of current Sol Gel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Sol Gel Technologies lagged returns against current returns
Autocorrelation, which is Sol Gel 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 Sol Gel's stock expected returns. We can calculate the autocorrelation of Sol Gel returns to help us make a trade decision. For example, suppose you find that Sol Gel 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 |
Sol Gel 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 Sol Gel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sol Gel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sol Gel stock over time.
Current vs Lagged Prices |
| Timeline |
Sol Gel Lagged Returns
When evaluating Sol Gel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sol Gel stock have on its future price. Sol Gel 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, Sol Gel autocorrelation shows the relationship between Sol Gel stock current value and its past values and can show if there is a momentum factor associated with investing in Sol Gel Technologies.
Regressed Prices |
| Timeline |
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Sol Gel 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.