Solaredge Technologies Stock Market Value

SEDG Stock  USD 69.69  6.26  9.87%   
SolarEdge Technologies' market value is the price at which a share of SolarEdge Technologies trades on a public exchange. It measures the collective expectations of SolarEdge Technologies investors about its performance. SolarEdge Technologies is trading at 69.69 as of the 28th of March 2024. This is a 9.87 percent up since the beginning of the trading day. The stock's lowest day price was 64.28.
With this module, you can estimate the performance of a buy and hold strategy of SolarEdge Technologies and determine expected loss or profit from investing in SolarEdge Technologies over a given investment horizon. Check out SolarEdge Technologies Correlation, SolarEdge Technologies Volatility and SolarEdge Technologies Alpha and Beta module to complement your research on SolarEdge Technologies.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
Symbol

SolarEdge Technologies Price To Book Ratio

Is SolarEdge Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarEdge Technologies. If investors know SolarEdge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarEdge Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.598
Earnings Share
0.6
Revenue Per Share
52.629
Quarterly Revenue Growth
(0.65)
Return On Assets
0.0186
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

SolarEdge Technologies 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SolarEdge Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SolarEdge Technologies.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in SolarEdge Technologies on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding SolarEdge Technologies or generate 0.0% return on investment in SolarEdge Technologies over 30 days. SolarEdge Technologies is related to or competes with ON Semiconductor, Nano Labs, Daqo New, and Impinj. SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current optimized inve... More

SolarEdge Technologies Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SolarEdge Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SolarEdge Technologies upside and downside potential and time the market with a certain degree of confidence.

SolarEdge Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SolarEdge Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SolarEdge Technologies' standard deviation. In reality, there are many statistical measures that can use SolarEdge Technologies historical prices to predict the future SolarEdge Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SolarEdge Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
64.0868.3872.68
Details
Intrinsic
Valuation
LowRealHigh
62.7294.0798.37
Details
Naive
Forecast
LowNextHigh
65.0269.3373.63
Details
35 Analysts
Consensus
LowTargetHigh
162.32178.37197.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SolarEdge Technologies. Your research has to be compared to or analyzed against SolarEdge Technologies' peers to derive any actionable benefits. When done correctly, SolarEdge Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SolarEdge Technologies.

SolarEdge Technologies Backtested Returns

SolarEdge Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0854, which indicates the firm had a -0.0854% return per unit of risk over the last 3 months. SolarEdge Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SolarEdge Technologies' Variance of 18.8, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,060) to confirm the risk estimate we provide. The entity has a beta of 4.32, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SolarEdge Technologies will likely underperform. SolarEdge Technologies has an expected return of -0.38%. Please make sure to validate SolarEdge Technologies kurtosis, and the relationship between the value at risk and rate of daily change , to decide if SolarEdge Technologies performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.21  

Weak predictability

SolarEdge Technologies has weak predictability. Overlapping area represents the amount of predictability between SolarEdge Technologies time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SolarEdge Technologies price movement. The serial correlation of 0.21 indicates that over 21.0% of current SolarEdge Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test0.4
Residual Average0.0
Price Variance5.57

SolarEdge Technologies lagged returns against current returns

Autocorrelation, which is SolarEdge Technologies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SolarEdge Technologies' stock expected returns. We can calculate the autocorrelation of SolarEdge Technologies returns to help us make a trade decision. For example, suppose you find that SolarEdge Technologies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

SolarEdge Technologies regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SolarEdge Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SolarEdge Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SolarEdge Technologies stock over time.
   Current vs Lagged Prices   
       Timeline  

SolarEdge Technologies Lagged Returns

When evaluating SolarEdge Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SolarEdge Technologies stock have on its future price. SolarEdge Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SolarEdge Technologies autocorrelation shows the relationship between SolarEdge Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SolarEdge Technologies.
   Regressed Prices   
       Timeline  

SolarEdge Technologies Investors Sentiment

The influence of SolarEdge Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SolarEdge. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SolarEdge Technologies' public news can be used to forecast risks associated with an investment in SolarEdge. The trend in average sentiment can be used to explain how an investor holding SolarEdge can time the market purely based on public headlines and social activities around SolarEdge Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SolarEdge Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SolarEdge Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SolarEdge Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on SolarEdge Technologies.

SolarEdge Technologies Implied Volatility

    
  133.58  
SolarEdge Technologies' implied volatility exposes the market's sentiment of SolarEdge Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SolarEdge Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SolarEdge Technologies stock will not fluctuate a lot when SolarEdge Technologies' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SolarEdge Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SolarEdge Technologies' short interest history, or implied volatility extrapolated from SolarEdge Technologies options trading.

Currently Active Assets on Macroaxis

When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:
Check out SolarEdge Technologies Correlation, SolarEdge Technologies Volatility and SolarEdge Technologies Alpha and Beta module to complement your research on SolarEdge Technologies.
For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.
Note that the SolarEdge Technologies information on this page should be used as a complementary analysis to other SolarEdge Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for SolarEdge Stock analysis

When running SolarEdge Technologies' price analysis, check to measure SolarEdge Technologies' 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 SolarEdge Technologies is operating at the current time. Most of SolarEdge Technologies' value examination focuses on studying past and present price action to predict the probability of SolarEdge Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SolarEdge Technologies' price. Additionally, you may evaluate how the addition of SolarEdge Technologies to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Bonds Directory
Find actively traded corporate debentures issued by US companies
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
SolarEdge Technologies 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.
A focus of SolarEdge Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SolarEdge Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...