Solid State (UK) Buy Hold or Sell Recommendation
| SOLI Stock | 127.50 2.50 1.92% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Solid State Plc is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Solid State Plc given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Solid State Plc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Solid State Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Solid and provide practical buy, sell, or hold advice based on investors' constraints. Solid State Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Solid |
Execute Solid State Buy or Sell Advice
The Solid recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Solid State Plc. Macroaxis does not own or have any residual interests in Solid State Plc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Solid State's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Solid State Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of Solid State's historical returns is an attempt to chart the uncertainty of Solid State's future price movements. The chart of the probability distribution of Solid State daily returns describes the distribution of returns around its average expected value. We use Solid State Plc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Solid State returns is essential to provide solid investment advice for Solid State.
| Mean Return | -0.81 | Value At Risk | -7.19 | Potential Upside | 4.55 | Standard Deviation | 5.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Solid State historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Solid State Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 1K | 1.9M | (6.9M) | (12.5M) | 8.1M | 8.5M | |
| Change In Cash | (175K) | 3.4M | (4.0M) | 9.3M | (3.8M) | (3.6M) | |
| Free Cash Flow | 6.8M | 5.8M | 3.3M | 6.7M | 8.1M | 8.5M | |
| Depreciation | 2.1M | 2.1M | 2.8M | 4.2M | 4.9M | 5.2M | |
| Other Non Cash Items | 120K | 85K | 1.9M | 646K | 1.9M | 2.0M | |
| Capital Expenditures | 860K | 658K | 1.8M | 2.3M | 2.8M | 3.0M | |
| Net Income | 4.0M | 4.2M | 3.5M | 8.4M | 8.9M | 9.3M | |
| End Period Cash Flow | 3.5M | 6.9M | 2.9M | 12.2M | 8.4M | 8.9M | |
| Dividends Paid | 1.2M | 1.1M | 1.5M | 2.2M | 2.3M | 2.4M | |
| Net Borrowings | (5.8M) | 2.8M | (3.1M) | 12.0M | 13.8M | 14.5M | |
| Change To Netincome | 757K | 49K | 2.2M | 2.5M | 2.9M | 3.0M | |
| Investments | (757K) | (4.7M) | (4.3M) | (35.5M) | (8.2M) | (8.6M) |
Solid State Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Solid State or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Solid State's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Solid stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 5.68 | |
Ir | Information ratio | -0.15 |
Solid State Volatility Alert
Solid State Plc exhibits very low volatility with skewness of -3.19 and kurtosis of 20.93. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Solid State's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Solid State's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Solid State Fundamentals Vs Peers
Comparing Solid State's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Solid State's direct or indirect competition across all of the common fundamentals between Solid State and the related equities. This way, we can detect undervalued stocks with similar characteristics as Solid State or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Solid State's fundamental indicators could also be used in its relative valuation, which is a method of valuing Solid State by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Solid State to competition |
| Fundamentals | Solid State | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0906 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 78.45 M | 16.62 B |
| Shares Outstanding | 57.05 M | 571.82 M |
| Shares Owned By Insiders | 6.20 % | 10.09 % |
| Shares Owned By Institutions | 16.41 % | 39.21 % |
| Price To Book | 1.16 X | 9.51 X |
| Price To Sales | 0.45 X | 11.42 X |
| Revenue | 163.3 M | 9.43 B |
| Gross Profit | 39.76 M | 27.38 B |
| EBITDA | 18.58 M | 3.9 B |
| Net Income | 8.87 M | 570.98 M |
| Total Debt | 16.69 M | 5.32 B |
| Book Value Per Share | 1.14 X | 1.93 K |
| Cash Flow From Operations | 10.95 M | 971.22 M |
| Earnings Per Share | 0.09 X | 3.12 X |
| Target Price | 192.0 | |
| Number Of Employees | 400 | 18.84 K |
| Beta | 1.06 | -0.15 |
| Market Capitalization | 72.73 M | 19.03 B |
| Total Asset | 113.58 M | 29.47 B |
| Retained Earnings | 35.09 M | 9.33 B |
| Working Capital | 31.1 M | 1.48 B |
| Annual Yield | 0.04 % | |
| Net Asset | 113.58 M |
Solid State Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Solid . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Solid State Buy or Sell Advice
When is the right time to buy or sell Solid State Plc? Buying financial instruments such as Solid Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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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.