Solar AS (Germany) Market Value
| ZVR Stock | EUR 26.60 0.25 0.95% |
| Symbol | Solar |
Solar AS '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 Solar AS'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 Solar AS.
| 12/20/2025 |
| 01/19/2026 |
If you would invest 0.00 in Solar AS on December 20, 2025 and sell it all today you would earn a total of 0.00 from holding Solar AS or generate 0.0% return on investment in Solar AS over 30 days. Solar AS is related to or competes with Rexel SA, Avnet, NKT A/S, Zumtobel Group, Cogobuy, and Tanaka CoLtd. Solar AS operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and e... More
Solar AS 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 Solar AS'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 Solar AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.72 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.6 |
Solar AS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solar AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solar AS's standard deviation. In reality, there are many statistical measures that can use Solar AS historical prices to predict the future Solar AS's volatility.| Risk Adjusted Performance | 0.0099 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.0007) |
Solar AS Backtested Returns
Solar AS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0124, which indicates the firm had a -0.0124 % return per unit of risk over the last 3 months. Solar AS exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solar AS's Coefficient Of Variation of 16491.47, semi deviation of 1.65, and Risk Adjusted Performance of 0.0099 to confirm the risk estimate we provide. The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solar AS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solar AS is expected to be smaller as well. At this point, Solar AS has a negative expected return of -0.0192%. Please make sure to validate Solar AS's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Solar AS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
Solar AS has very good reverse predictability. Overlapping area represents the amount of predictability between Solar AS time series from 20th of December 2025 to 4th of January 2026 and 4th of January 2026 to 19th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Solar AS price movement. The serial correlation of -0.69 indicates that around 69.0% of current Solar AS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Solar AS lagged returns against current returns
Autocorrelation, which is Solar AS 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 Solar AS's stock expected returns. We can calculate the autocorrelation of Solar AS returns to help us make a trade decision. For example, suppose you find that Solar AS 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 |
Solar AS 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 Solar AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solar AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solar AS stock over time.
Current vs Lagged Prices |
| Timeline |
Solar AS Lagged Returns
When evaluating Solar AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solar AS stock have on its future price. Solar AS 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, Solar AS autocorrelation shows the relationship between Solar AS stock current value and its past values and can show if there is a momentum factor associated with investing in Solar AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Solar Stock
Solar AS financial ratios help investors to determine whether Solar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solar with respect to the benefits of owning Solar AS security.