Soluna Holdings Stock Market Value
| SLNH Stock | USD 3.33 0.10 2.92% |
| Symbol | Soluna |
Soluna Holdings Price To Book Ratio
Is Application Software 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 Soluna Holdings. If investors know Soluna 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 Soluna Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.63) | Revenue Per Share 14.352 | Quarterly Revenue Growth 3.678 | Return On Assets (0.06) | Return On Equity (0.42) |
The market value of Soluna Holdings is measured differently than its book value, which is the value of Soluna that is recorded on the company's balance sheet. Investors also form their own opinion of Soluna Holdings' value that differs from its market value or its book value, called intrinsic value, which is Soluna Holdings' 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 Soluna Holdings' market value can be influenced by many factors that don't directly affect Soluna Holdings' 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 Soluna Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Soluna Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soluna Holdings' 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.
Soluna Holdings '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 Soluna Holdings' 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 Soluna Holdings.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Soluna Holdings on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Soluna Holdings or generate 0.0% return on investment in Soluna Holdings over 30 days. Soluna Holdings is related to or competes with CLPS, ASGN, Atos SE, Appen, Atos Origin, Widepoint, and Castellum. Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining More
Soluna Holdings 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 Soluna Holdings' 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 Soluna Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 30.22 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 16.67 |
Soluna Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soluna Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soluna Holdings' standard deviation. In reality, there are many statistical measures that can use Soluna Holdings historical prices to predict the future Soluna Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | (0.04) |
Soluna Holdings Backtested Returns
Soluna Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0159, which indicates the firm had a -0.0159% return per unit of risk over the last 3 months. Soluna Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Soluna Holdings' Coefficient Of Variation of (4,470), risk adjusted performance of (0.01), and Variance of 59.33 to confirm the risk estimate we provide. The entity has a beta of 4.58, 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, Soluna Holdings will likely underperform. At this point, Soluna Holdings has a negative expected return of -0.12%. Please make sure to validate Soluna Holdings' total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Soluna Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.40 |
Average predictability
Soluna Holdings has average predictability. Overlapping area represents the amount of predictability between Soluna Holdings time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Soluna Holdings price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Soluna Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Soluna Holdings lagged returns against current returns
Autocorrelation, which is Soluna Holdings 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 Soluna Holdings' stock expected returns. We can calculate the autocorrelation of Soluna Holdings returns to help us make a trade decision. For example, suppose you find that Soluna Holdings 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 |
Soluna Holdings 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 Soluna Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soluna Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soluna Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Soluna Holdings Lagged Returns
When evaluating Soluna Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soluna Holdings stock have on its future price. Soluna Holdings 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, Soluna Holdings autocorrelation shows the relationship between Soluna Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Soluna Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Soluna Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Soluna Holdings' 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 Soluna Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Soluna Holdings Stock:Check out Soluna Holdings Correlation, Soluna Holdings Volatility and Soluna Holdings Alpha and Beta module to complement your research on Soluna Holdings. For more detail on how to invest in Soluna Stock please use our How to Invest in Soluna Holdings guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Soluna Holdings 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.