Solar AS (Denmark) Performance
| SOLAR-B Stock | DKK 308.50 9.00 3.01% |
The entity has a beta of -0.0373, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Solar AS are expected to decrease at a much lower rate. During the bear market, Solar AS is likely to outperform the market. At this point, Solar AS has a negative expected return of -0.15%. Please make sure to validate Solar AS's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Solar AS 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 Solar AS has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unsteady performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 481 M | |
| Free Cash Flow | -210 M |
Solar |
Solar AS Relative Risk vs. Return Landscape
If you would invest 34,050 in Solar AS on October 5, 2024 and sell it today you would lose (3,200) from holding Solar AS or give up 9.4% of portfolio value over 90 days. Solar AS is generating negative expected returns and assumes 1.7498% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Solar, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Solar AS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solar AS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Solar AS, and traders can use it to determine the average amount a Solar AS's 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 = -0.087
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| Negative Returns | SOLAR-B |
Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solar AS 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 Solar AS by adding Solar AS to a well-diversified portfolio.
Solar AS Fundamentals Growth
Solar Stock prices reflect investors' perceptions of the future prospects and financial health of Solar AS, and Solar AS 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 Solar Stock performance.
| Return On Equity | 0.34 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 5.69 B | |||
| Shares Outstanding | 6.4 M | |||
| Price To Earning | 70.83 X | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 0.31 X | |||
| Revenue | 13.86 B | |||
| EBITDA | 1.16 B | |||
| Cash And Equivalents | 60 M | |||
| Cash Per Share | 8.22 X | |||
| Total Debt | 293 M | |||
| Debt To Equity | 72.00 % | |||
| Book Value Per Share | 264.40 X | |||
| Cash Flow From Operations | 16 M | |||
| Earnings Per Share | 90.05 X | |||
| Total Asset | 5.9 B | |||
| Retained Earnings | 985 M | |||
| Current Asset | 3.17 B | |||
| Current Liabilities | 2.53 B | |||
About Solar AS Performance
By analyzing Solar AS's fundamental ratios, stakeholders can gain valuable insights into Solar AS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Solar AS 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 Solar AS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Solar AS operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in the Danish, Swedish, Norwegian, and Dutch markets. The company was founded in 1919 and is based in Vejen, Denmark. Solar B operates under Electrical Equipment classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2982 people.Things to note about Solar AS performance evaluation
Checking the ongoing alerts about Solar AS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Solar AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Solar AS is not yet fully synchronised with the market data | |
| Solar AS generated a negative expected return over the last 90 days | |
| Solar AS has accumulated kr293 Million in debt which can lead to volatile earnings | |
| About 20.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Solar AS's 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 Solar AS's stock is overvalued or undervalued compared to its peers.
- Examining Solar AS's 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 Solar AS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Solar AS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Solar AS's stock. These opinions can provide insight into Solar AS's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Solar Stock analysis
When running Solar AS's price analysis, check to measure Solar AS'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 Solar AS is operating at the current time. Most of Solar AS's value examination focuses on studying past and present price action to predict the probability of Solar AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar AS's price. Additionally, you may evaluate how the addition of Solar AS to your portfolios can decrease your overall portfolio volatility.
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