Solaris Competitors

OTC Stocks USA . 
Stock . Solaris Resources
SLSR Stock  USD 3.18  0.08  2.58%   
Solaris Resources competes with Hecla Mining, Vox Royalty, Avino Silver, Compania, and Endeavour Silver; as well as few others. The company conducts business under Basic Materials sector and is part of Other Precious Metals & Mining industry. Analyzing Solaris Resources competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Solaris Resources to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Solaris Resources Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Solaris Resources competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Solaris Resources' 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.
Hype
Prediction
LowEstimatedHigh
0.163.187.61
Details
Intrinsic
Valuation
LowRealHigh
0.152.997.42
Details
Naive
Forecast
LowNextHigh
0.063.157.58
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.053.143.23
Details

Solaris Resources Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Solaris Resources and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Solaris and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Solaris Resources does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MUX
+ 0.96
HL
GATO
+ 0.96
ASM
VOXR
+ 0.94
HL
GATO
+ 0.94
EXK
MTA
+ 0.91
ASM
MTA
+ 0.89
VOXR
  
High negative correlations   
HL-PB
- 0.37
BVN
PLG
- 0.06
BVN

Risk-Adjusted Indicators

There is a big difference between Solaris OTC Stock performing well and Solaris Resources OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Solaris Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
HL  2.12 (0.46) 0.00  5.82  0.00 
 0.00 
 4.10 
(4.93)
 15.30 
VOXR  1.67 (0.30) 0.00 (1.03) 0.00 
 0.00 
 3.52 
(3.56)
 13.28 
ASM  3.11 (0.30) 0.00  0.98  0.00 
 0.00 
 6.62 
(6.03)
 21.90 
BVN  1.62 (0.17) 0.00  1.79  0.00 
 0.00 
 4.58 
(3.22)
 11.26 
EXK  2.80 (0.04) 0.00  0.07  0.00 
 0.00 
 6.01 
(4.93)
 21.38 
MTA  2.57 (0.30) 0.00 (7.45) 0.00 
 0.00 
 6.98 
(4.88)
 20.05 
MUX  2.24 (0.27) 0.00  5.63  0.00 
 0.00 
 5.60 
(5.30)
 15.77 
PLG  3.87  0.04  0.00 (0.51) 4.04 
(4.78)
 9.40 
(6.90)
 25.39 
GATO  2.61 (0.12) 0.00  0.30  0.00 
 0.00 
 5.67 
(5.14)
 22.78 
HL-PB  0.45 (0.05) 0.00 (1.87) 0.00 
 0.00 
 1.32 
(1.40)
 7.39 
All Fundamental Data

Solaris Resources Competitive Analysis

The better you understand Solaris Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Solaris Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Solaris Resources' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SLSR HL VOXR ASM BVN EXK MTA MUX PLG GATO
 2.58 
 3.18 
Solaris
 1.76 
 5.01 
Hecla
 2.08 
 2.35 
Vox
 4.30 
 0.89 
Avino
 0.33 
 12.26 
Compania
 1.34 
 3.69 
Endeavour
 2.28 
 2.57 
Metalla
 1.61 
 7.92 
McEwen
 5.00 
 1.33 
Platinum
 2.29 
 14.09 
Gatos
Market Volatility
(90 Days Market Risk)
Risky
Slightly risky
Moderately volatile
Dangerous
Not too volatile
Relatively risky
Unstable
Somewhat reliable
Very risky
Slightly risky
Market Performance
(90 Days Performance)
OK
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Very Low
Low
Very Low
About Average
Low
Below Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Under Valued
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Strong Buy
Strong Buy
Buy
Strong Buy
Strong Buy
Strong Buy
Buy
Hold
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Sell
Hold
Strong Sell
Cautious Hold
Strong Sell
Sell
Cautious Hold
Strong Sell
Strong Sell
Current Ratio
N/A
2.04
2.37
2.27
1.95
5.08
0.68
1.65
18.62
3.64
Net Asset
N/A
3.01 B
52.71 M
128.34 M
4.53 B
474.81 M
276.03 M
657.24 M
52.09 M
400.9 M
Profit Margin
N/A
-0.0227
-0.0987
0.0307
0.32
-0.13
-1.51
0.52
N/A
N/A
EBITDA
N/A
131.57 M
5.58 M
2.79 M
173.71 M
48.79 M
(2.24 M)
(71.41 M)
(8.46 M)
(22.31 M)
Operating Margin
N/A
0.16
0.11
0.15
0.24
0.071
-1.45
0.0571
N/A
N/A
Current Valuation
N/A
3.71 B
107.25 M
120.67 M
2.96 B
1.01 B
239.59 M
431.39 M
134.61 M
885.21 M
Price To Book
N/A
1.57
2.74
1.09
0.93
2.38
0.94
0.83
5.11
2.56
Retained Earnings
N/A
(503.86 M)
(26.98 M)
(51.16 M)
1.84 B
(339.17 M)
(63.37 M)
(1.27 B)
(780 M)
(185.89 M)
Current Asset
N/A
269.53 M
N/A
20.05 M
571 M
65.23 M
4.93 M
54.44 M
22.9 M
N/A
Five Year Return
N/A
0.43
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
-0.54
2.0
0.34
2.01
0.83
1.93
1.48
1.44
1.87
2.06
Number Of Employees
N/A
1.77 K
6
N/A
N/A
1.35 K
4
1.98 K
13
19
Shares Outstanding
N/A
637.01 M
50.59 M
140.53 M
253.72 M
262.31 M
91.75 M
52.92 M
102.69 M
69.47 M
Cash Flow From Operations
N/A
75.5 M
5.37 M
1.49 M
227.07 M
11.77 M
518 K
(39.34 M)
(2.43 M)
(12.02 M)
Annual Yield
N/A
0.0109
0.0206
N/A
0.0057
N/A
N/A
N/A
N/A
N/A
Total Debt
N/A
662.82 M
7.78 M
3.45 M
706.58 M
9.53 M
1.6 M
41.47 M
263 K
33.36 M
Return On Equity
N/A
-0.0095
-0.0252
0.0151
0.11
-0.0777
-0.0375
0.23
-0.12
0.075
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
0.0128
0.006
0.0203
0.0259
0.0101
-0.0151
-8.0E-4
-0.11
-0.0414
Number Of Shares Shorted
N/A
18.91 M
67.78 K
245.1 K
3.34 M
12.24 M
957.79 K
1.33 M
1.72 M
1.35 M
Book Value Per Share
N/A
3.24
0.88
0.82
13.22
1.68
2.75
9.49
0.24
5.31
Current Liabilities
N/A
127.08 M
N/A
14.04 M
412 M
47.97 M
3.47 M
22.04 M
43.59 M
N/A
Total Asset
N/A
3.01 B
52.71 M
128.34 M
4.53 B
474.81 M
276.03 M
657.24 M
52.09 M
400.9 M
Debt To Equity
N/A
0.3
N/A
0.067
0.24
0.047
0.11
0.17
0.001
0.032
Short Ratio
N/A
1.43
0.4
0.14
3.09
1.94
2.92
1.99
1.71
1.24
Target Price
N/A
7.91
4.45
1.93
16.27
6.17
9.0
14.63
6.96
15.92
Last Dividend Paid
N/A
0.04
0.047
N/A
0.073
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
70.81
49.16
7.41
56.98
40.41
13.54
33.11
25.94
95.05
Market Capitalization
N/A
3.19 B
118.89 M
124.81 M
3.39 B
967.93 M
290.74 M
426.04 M
136.58 M
1 B
Price To Earning
N/A
155.67
N/A
179.97
4.52
397.5
N/A
-97.0
-0.18
N/A
Price To Earnings To Growth
N/A
-3.02
N/A
N/A
0.27
N/A
N/A
N/A
N/A
N/A
Price To Sales
N/A
3.8
10.67
2.4
3.06
4.28
49.33
2.13
N/A
N/A
Net Income
N/A
(84.22 M)
(102.97 K)
542 K
19.86 M
6.12 M
(5.84 M)
55.3 M
(4.61 M)
12.86 M
Earnings Per Share
N/A
-0.03
-0.02
0.02
1.45
-0.13
-0.11
2.21
-0.05
0.47
Shares Owned By Insiders
N/A
6.29
17.49
1.94
18.94
0.16
13.74
15.82
26.44
1.16
Revenue
N/A
720.23 M
12.31 M
43.89 M
823.85 M
205.46 M
4.59 M
166.23 M
N/A
157.41 M
Working Capital
N/A
102.8 M
10.38 M
9.73 M
136.16 M
42.53 M
10.66 M
22.66 M
3.32 M
45.33 M
Cash And Equivalents
N/A
104.74 M
1.53 M
12.79 M
210.15 M
83.39 M
3.37 M
39.78 M
12.33 M
12.4 M
Cash Per Share
N/A
0.37
0.04
0.11
1.28
0.66
0.08
1.19
0.14
0.18
Gross Profit
N/A
260.09 M
8.2 M
15.31 M
340 M
76.7 M
2.97 M
(47.57 M)
N/A
(2.32 M)
Day Typical Price
3.15
4.99
2.36
0.89
12.22
3.65
2.57
7.88
1.34
14.07
Accumulation Distribution
1172.89
158852.0
1580.0
87971.02
12492.3
211861.0
6230.48
5688.79
31206.21
8944.96
Daily Balance Of Power
0.8
(0.90)
(0.62)
(0.67)
(0.17)
(0.38)
(1.20)
(0.76)
(0.64)
(0.82)
Period Momentum Indicator
0.08
(0.09)
(0.05)
(0.04)
(0.04)
(0.05)
(0.06)
(0.13)
(0.07)
(0.33)
Rate Of Daily Change
1.03
0.98
0.98
0.96
1.0
0.99
0.98
0.98
0.95
0.98
Day Median Price
3.13
4.98
2.36
0.89
12.21
3.64
2.58
7.86
1.35
14.06
Price Action Indicator
0.09
(0.01)
(0.04)
(0.02)
0.035
0.03
(0.04)
N/A
(0.05)
(0.13)
Coefficient Of Variation
1113.0
(624.42)
(782.02)
(1,384)
(1,404)
(8,501)
(1,202)
(1,171)
10258.93
(3,001)
Mean Deviation
2.9
2.12
1.67
3.11
1.62
2.8
2.57
2.24
3.87
2.61
Jensen Alpha
0.367
(0.46)
(0.30)
(0.30)
(0.17)
(0.04)
(0.30)
(0.27)
0.0411
(0.12)
Total Risk Alpha
0.2623
(0.54)
(0.35)
(0.43)
(0.23)
(0.16)
(0.40)
(0.36)
(0.10)
(0.23)
Sortino Ratio
0.1135
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0039
N/A
Downside Variance
10.19
N/A
N/A
N/A
N/A
N/A
N/A
N/A
19.42
N/A
Standard Deviation
4.39
2.81
2.21
4.17
2.25
3.68
3.52
3.08
5.07
3.6
Kurtosis
12.56
1.7
2.91
1.27
1.53
1.34
2.46
1.31
1.0
4.44
Potential Upside
5.15
4.1
3.52
6.62
4.58
6.01
6.98
5.6
9.4
5.67
Treynor Ratio
0.4882
5.82
(1.03)
0.979
1.79
0.0725
(7.45)
5.63
(0.51)
0.2999
Maximum Drawdown
30.11
15.3
13.28
21.9
11.26
21.38
20.05
15.77
25.39
22.78
Variance
19.28
7.92
4.9
17.35
5.04
13.53
12.36
9.51
25.71
12.93
Market Risk Adjusted Performance
0.4982
5.83
(1.02)
0.989
1.8
0.0825
(7.44)
5.64
(0.50)
0.3099
Risk Adjusted Performance
0.0798
(0.12)
(0.1)
(0.05)
(0.05)
(0)
(0.06)
(0.06)
0.0162
(0.02)
Skewness
2.5
0.7743
0.9461
0.6153
0.872
0.4639
0.9483
0.5959
0.8934
1.38
Semi Deviation
2.85
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.04
N/A
Information Ratio
0.0825
(0.17)
(0.14)
(0.08)
(0.09)
(0.02)
(0.09)
(0.1)
0.0034
(0.04)
Value At Risk
(5.38)
(4.93)
(3.56)
(6.03)
(3.22)
(4.93)
(4.88)
(5.30)
(6.90)
(5.14)
Expected Short fall
(3.69)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(4.78)
N/A
Downside Deviation
3.19
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.41
N/A
Semi Variance
8.13
N/A
N/A
N/A
N/A
N/A
N/A
N/A
16.31
N/A

Solaris Resources Competition Performance Charts

Five steps to successful analysis of Solaris Resources Competition

Solaris Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Solaris Resources in relation to its competition. Solaris Resources' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Solaris Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Solaris Resources' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Solaris Resources, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Solaris Resources position

In addition to having Solaris Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Banks - Regional
Banks - Regional Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 19 constituents at this time.
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Additional Tools for Solaris OTC Stock Analysis

When running Solaris Resources' price analysis, check to measure Solaris Resources' 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 Solaris Resources is operating at the current time. Most of Solaris Resources' value examination focuses on studying past and present price action to predict the probability of Solaris Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solaris Resources' price. Additionally, you may evaluate how the addition of Solaris Resources to your portfolios can decrease your overall portfolio volatility.
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