Solid Power Stock Performance
| SLDPW Stock | USD 0.23 0.02 8.00% |
Solid Power holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of -1.17, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Solid Power are expected to decrease by larger amounts. On the other hand, during market turmoil, Solid Power is expected to outperform it. Use Solid Power value at risk, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Solid Power.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Solid Power are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Solid Power showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 50.1 M |
Solid |
Solid Power Relative Risk vs. Return Landscape
If you would invest 12.00 in Solid Power on November 1, 2024 and sell it today you would earn a total of 11.00 from holding Solid Power or generate 91.67% return on investment over 90 days. Solid Power is currently producing 2.8719% returns and takes up 21.3735% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Solid, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Solid Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solid Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Solid Power, and traders can use it to determine the average amount a Solid Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1344
| Best Portfolio | Best Equity | |||
| Good Returns | SLDPW | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 21.37 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.87 actual daily | 57 57% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Solid Power is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Solid Power by adding it to a well-diversified portfolio.
Solid Power Fundamentals Growth
Solid Stock prices reflect investors' perceptions of the future prospects and financial health of Solid Power, and Solid Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Solid Stock performance.
| Return On Equity | -0.18 | ||||
| Return On Asset | -0.13 | ||||
| Operating Margin | (5.93) % | ||||
| Revenue | 17.41 M | ||||
| EBITDA | (52.72 M) | ||||
| Cash And Equivalents | 109.27 M | ||||
| Cash Per Share | 11.67 X | ||||
| Total Debt | 9.55 M | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 2.45 X | ||||
| Cash Flow From Operations | (58.26 M) | ||||
| Earnings Per Share | (46.38) X | ||||
| Total Asset | 532.79 M | ||||
| Retained Earnings | (84.64 M) | ||||
About Solid Power Performance
Evaluating Solid Power's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Solid Power has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Solid Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Solid Power Inc. develops all-solid-state battery cells for electric vehicles and mobile power markets in the United States. The company was incorporated in 2011 and is based in Louisville, Colorado. Solid Power operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange.Things to note about Solid Power performance evaluation
Checking the ongoing alerts about Solid Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Solid Power help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solid Power is way too risky over 90 days horizon | |
| Solid Power has some characteristics of a very speculative penny stock | |
| Solid Power appears to be risky and price may revert if volatility continues | |
| Solid Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 17.41 M. Net Loss for the year was (65.55 M) with loss before overhead, payroll, taxes, and interest of (6.05 M). | |
| Solid Power has accumulated about 109.27 M in cash with (58.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.67, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Solid Power's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Solid Power's stock is overvalued or undervalued compared to its peers.
- Examining Solid Power's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Solid Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solid Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solid Power's stock. These opinions can provide insight into Solid Power's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Solid Stock Analysis
When running Solid Power's price analysis, check to measure Solid Power's 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 Solid Power is operating at the current time. Most of Solid Power's value examination focuses on studying past and present price action to predict the probability of Solid Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid Power's price. Additionally, you may evaluate how the addition of Solid Power to your portfolios can decrease your overall portfolio volatility.