Solid State (UK) Probability of Future Stock Price Finishing Over 106.61
| SOLI Stock | 127.50 2.50 1.92% |
Solid |
Solid State Target Price Odds to finish over 106.61
The tendency of Solid Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 106.61 in 90 days |
| 127.50 | 90 days | 106.61 | under 95 |
Based on a normal probability distribution, the odds of Solid State to stay above 106.61 in 90 days from now is under 95 (This Solid State Plc probability density function shows the probability of Solid Stock to fall within a particular range of prices over 90 days) . Probability of Solid State Plc price to stay between 106.61 and its current price of 127.5 at the end of the 90-day period is about 5.65 .
Assuming the 90 days trading horizon Solid State has a beta of 0.3. This usually implies as returns on the market go up, Solid State average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Solid State Plc will be expected to be much smaller as well. Additionally Solid State Plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Solid State Price Density |
| Price |
Predictive Modules for Solid State
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Solid State Plc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Solid State Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Solid State is not an exception. The market had few large corrections towards the Solid State's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Solid State Plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Solid State within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 54.24 | |
Ir | Information ratio | -0.15 |
Solid State Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Solid State for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Solid State Plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Solid State Plc generated a negative expected return over the last 90 days | |
| Solid State Plc has high historical volatility and very poor performance | |
| Solid State Plc is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Solid State Stock Price Crosses Below 200-Day Moving Average - Whats Next - MarketBeat |
Solid State Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Solid Stock often depends not only on the future outlook of the current and potential Solid State's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Solid State's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.3 M | |
| Cash And Short Term Investments | 8.4 M |
Solid State Technical Analysis
Solid State's future price can be derived by breaking down and analyzing its technical indicators over time. Solid Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Solid State Plc. In general, you should focus on analyzing Solid Stock price patterns and their correlations with different microeconomic environments and drivers.
Solid State Predictive Forecast Models
Solid State's time-series forecasting models is one of many Solid State's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Solid State's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Solid State Plc
Checking the ongoing alerts about Solid State for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Solid State Plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Solid State Plc generated a negative expected return over the last 90 days | |
| Solid State Plc has high historical volatility and very poor performance | |
| Solid State Plc is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Solid State Stock Price Crosses Below 200-Day Moving Average - Whats Next - MarketBeat |
Additional Tools for Solid Stock Analysis
When running Solid State's price analysis, check to measure Solid State'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 State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State'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 State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.