Solaris Resources Stock Performance
| SLS Stock | 5.01 0.07 1.38% |
On a scale of 0 to 100, Solaris Resources holds a performance score of 5. The entity has a beta of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Solaris Resources are expected to decrease at a much lower rate. During the bear market, Solaris Resources is likely to outperform the market. Please check Solaris Resources' treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Solaris Resources' existing price patterns will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Solaris Resources are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Solaris Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 14.8 M |
Solaris |
Solaris Resources Relative Risk vs. Return Landscape
If you would invest 453.00 in Solaris Resources on December 23, 2024 and sell it today you would earn a total of 48.00 from holding Solaris Resources or generate 10.6% return on investment over 90 days. Solaris Resources is generating 0.2105% of daily returns assuming 3.1283% volatility of returns over the 90 days investment horizon. Simply put, 27% of all stocks have less volatile historical return distribution than Solaris Resources, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Solaris Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solaris Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Solaris Resources, and traders can use it to determine the average amount a Solaris Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0673
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| Small Returns | SLS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Solaris Resources is performing at about 5% of its full potential. 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 Solaris Resources by adding it to a well-diversified portfolio.
Solaris Resources Fundamentals Growth
Solaris Stock prices reflect investors' perceptions of the future prospects and financial health of Solaris Resources, and Solaris Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Solaris Stock performance.
| Return On Equity | -3.12 | |||
| Return On Asset | -0.69 | |||
| Current Valuation | 811.5 M | |||
| Shares Outstanding | 162.83 M | |||
| Price To Book | 84.56 X | |||
| EBITDA | (40.42 M) | |||
| Cash And Equivalents | 14.77 M | |||
| Total Debt | 29.45 M | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (38.31 M) | |||
| Earnings Per Share | (0.56) X | |||
| Total Asset | 61.82 M | |||
| Retained Earnings | (205.57 M) | |||
About Solaris Resources Performance
By examining Solaris Resources' fundamental ratios, stakeholders can obtain critical insights into Solaris Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Solaris Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Solaris Resources performance evaluation
Checking the ongoing alerts about Solaris Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Solaris Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solaris Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (41.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Solaris Resources has accumulated about 14.77 M in cash with (38.31 M) of positive cash flow from operations. | |
| Roughly 41.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Solaris Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Solaris Resources' stock is overvalued or undervalued compared to its peers.
- Examining Solaris Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Solaris Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solaris Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solaris Resources' stock. These opinions can provide insight into Solaris Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Solaris Stock
Solaris Resources financial ratios help investors to determine whether Solaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Solaris with respect to the benefits of owning Solaris Resources security.