Is Solid Power Stock a Good Investment?
Solid Power Investment Advice | SLDPW |
- Examine Solid Power's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Solid Power's leadership team and their track record. Good management can help Solid Power navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Industrial Machinery & Supplies & Components space and any emerging trends that could impact Solid Power's business and its evolving consumer preferences.
- Compare Solid Power's performance and market position to its competitors. Analyze how Solid Power is positioned in terms of product offerings, innovation, and market share.
- Check if Solid Power pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Solid Power's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Solid Power stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Solid Power is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Solid Power Stock
Researching Solid Power's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 46.38. Solid Power had not issued any dividends in recent years.
To determine if Solid Power is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Solid Power's research are outlined below:
| Solid Power had very high historical volatility over the last 90 days | |
| Solid Power has some characteristics of a very speculative penny stock | |
| 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 profit before overhead, payroll, taxes, and interest of 0. | |
| 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. | |
| Latest headline from news.google.com: Solid power CTO Joshua Buettner-Garrett sells 201k in stock - Investing.com |
Solid Power Quarterly Cash And Short Term Investments |
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Solid Power's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.12) | (0.13) | |
| Return On Capital Employed | (0.18) | (0.18) | |
| Return On Assets | (0.12) | (0.13) | |
| Return On Equity | (0.13) | (0.14) |
Determining Solid Power's profitability involves analyzing its financial statements and using various financial metrics to determine if Solid Power is a good buy. For example, gross profit margin measures Solid Power's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Solid Power's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Solid Power's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Solid Power. Check Solid Power's Beneish M Score to see the likelihood of Solid Power's management manipulating its earnings.
Evaluate Solid Power's management efficiency
The company has return on total asset (ROA) of (0.1305) % which means that it has lost $0.1305 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1775) %, meaning that it generated substantial loss on money invested by shareholders. Solid Power's management efficiency ratios could be used to measure how well Solid Power manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.13 in 2024. Return On Capital Employed is likely to drop to -0.18 in 2024. At this time, Solid Power's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 1.1 M in 2024, whereas Other Current Assets are likely to drop slightly above 2.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.83 | 1.52 | |
| Tangible Book Value Per Share | 2.82 | 1.51 | |
| Enterprise Value Over EBITDA | (4.42) | (4.64) | |
| Price Book Value Ratio | 0.51 | 0.49 | |
| Enterprise Value Multiple | (4.42) | (4.64) | |
| Price Fair Value | 0.51 | 0.49 | |
| Enterprise Value | 233.1 M | 221.5 M |
Effective leadership at Solid Power drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Beta 1.747 |
Basic technical analysis of Solid Stock
As of the 30th of November, Solid Power has the Risk Adjusted Performance of 0.0164, coefficient of variation of 10686.95, and Semi Deviation of 9.31. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Solid Power, as well as the relationship between them. Please validate Solid Power standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Solid Power is priced more or less accurately, providing market reflects its prevalent price of 0.12 per share. As Solid Power appears to be a penny stock we also recommend to double-check its total risk alpha numbers.Solid Power's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Solid Power insiders, such as employees or executives, is commonly permitted as long as it does not rely on Solid Power's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Solid Power insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Kevin Paprzycki over two months ago Acquisition by Kevin Paprzycki of 220218 shares of Solid Power subject to Rule 16b-3 | ||
David Jansen over two months ago Disposition of 10348 shares by David Jansen of Solid Power at 2.07 subject to Rule 16b-3 | ||
Derek Johnson over six months ago Acquisition by Derek Johnson of 253984 shares of Solid Power subject to Rule 16b-3 |
Understand Solid Power's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Solid Power's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0164 | |||
| Market Risk Adjusted Performance | 0.0839 | |||
| Mean Deviation | 7.87 | |||
| Semi Deviation | 9.31 | |||
| Downside Deviation | 13.34 | |||
| Coefficient Of Variation | 10686.95 | |||
| Standard Deviation | 10.3 | |||
| Variance | 106.07 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (1.63) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0739 | |||
| Maximum Drawdown | 38.15 | |||
| Value At Risk | (17.27) | |||
| Potential Upside | 17.1 | |||
| Downside Variance | 178.0 | |||
| Semi Variance | 86.73 | |||
| Expected Short fall | (10.92) | |||
| Skewness | (0.12) | |||
| Kurtosis | (0.56) |
| Risk Adjusted Performance | 0.0164 | |||
| Market Risk Adjusted Performance | 0.0839 | |||
| Mean Deviation | 7.87 | |||
| Semi Deviation | 9.31 | |||
| Downside Deviation | 13.34 | |||
| Coefficient Of Variation | 10686.95 | |||
| Standard Deviation | 10.3 | |||
| Variance | 106.07 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (1.63) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0739 | |||
| Maximum Drawdown | 38.15 | |||
| Value At Risk | (17.27) | |||
| Potential Upside | 17.1 | |||
| Downside Variance | 178.0 | |||
| Semi Variance | 86.73 | |||
| Expected Short fall | (10.92) | |||
| Skewness | (0.12) | |||
| Kurtosis | (0.56) |
Consider Solid Power's intraday indicators
Solid Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Solid Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Solid Power time-series forecasting models is one of many Solid Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Solid Power'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 market movement and maximize returns from investment trading.
Solid Stock media impact
Far too much social signal, news, headlines, and media speculation about Solid Power that are available to investors today. That information is available publicly through Solid media outlets and privately through word of mouth or via Solid internal channels. However, regardless of the origin, that massive amount of Solid data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Solid Power news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Solid Power relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Solid Power's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Solid Power alpha.
Solid Power Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Solid Power can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Solid Power Corporate Management
| David Jansen | Pres Chairman | Profile | |
| Berislav Blizanac | Executive Technologies | Profile | |
| Jennifer Almquist | Investor Relations | Profile | |
| Derek Johnson | Chief Officer | Profile | |
| Ramelle Gilliland | Executive Management | Profile | |
| Hyungrak Kim | Executive Technologies | Profile |
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.