Solitron Devices Stock Performance
| SODI Stock | USD 16.50 0.45 2.65% |
The entity has a beta of -0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Solitron Devices are expected to decrease at a much lower rate. During the bear market, Solitron Devices is likely to outperform the market. At this point, Solitron Devices has a negative expected return of -0.0961%. Please make sure to validate Solitron Devices' potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Solitron Devices performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Solitron Devices has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong fundamental indicators, Solitron Devices is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 3.8 M | |
| Total Cashflows From Investing Activities | -5.9 M | |
| Free Cash Flow | -1556.00 |
Solitron |
Solitron Devices Relative Risk vs. Return Landscape
If you would invest 1,799 in Solitron Devices on September 12, 2024 and sell it today you would lose (149.00) from holding Solitron Devices or give up 8.28% of portfolio value over 90 days. Solitron Devices is currently does not generate positive expected returns and assumes 2.8945% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of pink sheets are less volatile than Solitron, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Solitron Devices Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solitron Devices' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Solitron Devices, and traders can use it to determine the average amount a Solitron Devices' 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 = -0.0332
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| Negative Returns | SODI |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solitron Devices 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 Solitron Devices by adding Solitron Devices to a well-diversified portfolio.
Solitron Devices Fundamentals Growth
Solitron Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Solitron Devices, and Solitron Devices 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 Solitron Pink Sheet performance.
| Return On Equity | 0.0123 | |||
| Return On Asset | -0.0355 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | (0.12) % | |||
| Current Valuation | 17.92 M | |||
| Shares Outstanding | 2.08 M | |||
| Price To Earning | 22.04 X | |||
| Price To Book | 1.69 X | |||
| Price To Sales | 2.22 X | |||
| Revenue | 12.28 M | |||
| EBITDA | 3.61 M | |||
| Cash And Equivalents | 4.38 M | |||
| Cash Per Share | 2.10 X | |||
| Total Debt | 2.75 M | |||
| Debt To Equity | 0.24 % | |||
| Book Value Per Share | 5.30 X | |||
| Cash Flow From Operations | 3.33 K | |||
| Earnings Per Share | 0.07 X | |||
| Total Asset | 14.36 K | |||
| Retained Earnings | 9.12 M | |||
| Current Asset | 11.84 M | |||
| Current Liabilities | 962 K | |||
About Solitron Devices Performance
By evaluating Solitron Devices' fundamental ratios, stakeholders can gain valuable insights into Solitron Devices' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Solitron Devices has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Solitron Devices has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company was incorporated in 1959 and is headquartered in West Palm Beach, Florida. Solitron Devices operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 54 people.Things to note about Solitron Devices performance evaluation
Checking the ongoing alerts about Solitron Devices for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Solitron Devices help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solitron Devices generated a negative expected return over the last 90 days | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Solitron Devices' 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 Solitron Devices' stock is overvalued or undervalued compared to its peers.
- Examining Solitron Devices' 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 Solitron Devices' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solitron Devices' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solitron Devices' pink sheet. These opinions can provide insight into Solitron Devices' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Solitron Pink Sheet analysis
When running Solitron Devices' price analysis, check to measure Solitron Devices' 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 Solitron Devices is operating at the current time. Most of Solitron Devices' value examination focuses on studying past and present price action to predict the probability of Solitron Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solitron Devices' price. Additionally, you may evaluate how the addition of Solitron Devices to your portfolios can decrease your overall portfolio volatility.
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