Solo Brands Stock Price on August 22, 2024
| DTC Stock | USD 1.26 0.10 7.35% |
If you're considering investing in Solo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solo Brands stands at 1.26, as last reported on the 29th of November, with the highest price reaching 1.39 and the lowest price hitting 1.21 during the day. Solo Brands owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0116, which indicates the firm had a -0.0116% return per unit of risk over the last 3 months. Solo Brands exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solo Brands' Risk Adjusted Performance of (0.03), coefficient of variation of (1,924), and Variance of 17.58 to confirm the risk estimate we provide.
At present, Solo Brands' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 661.6 M, whereas Capital Stock is forecasted to decline to about 86.5 K. . At present, Solo Brands' Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 6.27, whereas Price To Sales Ratio is forecasted to decline to 0.72. Solo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solo |
Sharpe Ratio = -0.0116
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| Negative Returns | DTC |
Estimated Market Risk
| 4.17 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solo Brands is not performing at its full potential. However, 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 Solo Brands by adding Solo Brands to a well-diversified portfolio.
Price Book 0.4393 | Enterprise Value Ebitda 11.1271 | Price Sales 0.155 | Shares Float 27.5 M | Wall Street Target Price 2.006 |
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Solo Brands Valuation on August 22, 2024
It is possible to determine the worth of Solo Brands on a given historical date. On August 22, 2024 Solo was worth 1.48 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solo Brands stock. Still, in general, we apply an absolute valuation method to find Solo Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Solo Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solo Brands' related companies.
| Open | High | Low | Close | Volume | |
| 1.53 | 1.53 | 1.36 | 1.50 | 510,367 | |
08/22/2024 | 1.48 | 1.48 | 1.42 | 1.46 | 94,697 |
| 1.46 | 1.67 | 1.44 | 1.56 | 393,871 |
| Backtest Solo Brands | | | Solo Brands History | | | Solo Brands Valuation | Previous | Next |
Solo Brands Trading Date Momentum on August 22, 2024
| On August 23 2024 Solo Brands was traded for 1.56 at the closing time. Highest Solo Brands's price during the trading hours was 1.67 and the lowest price during the day was 1.44 . The net volume was 393.9 K. The overall trading history on the 23rd of August contributed to the next trading period price growth. The overall trading delta to the next next day price was 6.85% . The trading price change to current price is 9.59% . |
Solo Brands Fundamentals Correlations and Trends
By evaluating Solo Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Solo Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solo Brands Stock history
Solo Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Solo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solo Brands will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Solo Brands stock prices may prove useful in developing a viable investing in Solo Brands
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 60.5 M | 65.9 M | |
| Net Loss | -5.7 M | -6 M |
Solo Brands Quarterly Net Working Capital |
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Solo Brands Stock Technical Analysis
Solo Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Solo Brands Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Solo Brands cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Solo Brands November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Solo Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solo Brands shares will generate the highest return on investment. By undertsting and applying Solo Brands stock market strength indicators, traders can identify Solo Brands entry and exit signals to maximize returns
Solo Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solo Brands' price direction in advance. Along with the technical and fundamental analysis of Solo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.12) |
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Complementary Tools for Solo Stock analysis
When running Solo Brands' price analysis, check to measure Solo Brands' 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 Solo Brands is operating at the current time. Most of Solo Brands' value examination focuses on studying past and present price action to predict the probability of Solo Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solo Brands' price. Additionally, you may evaluate how the addition of Solo Brands to your portfolios can decrease your overall portfolio volatility.
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