SOLiD (Korea) Price on October 4, 2024
| 050890 Stock | KRW 4,970 150.00 2.93% |
If you're considering investing in SOLiD Stock, it is important to understand the factors that can impact its price. As of today, the current price of SOLiD stands at 4,970, as last reported on the 29th of November, with the highest price reaching 5,290 and the lowest price hitting 4,945 during the day. At this point, SOLiD is very steady. SOLiD Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.07, which indicates the firm had a 0.07% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SOLiD Inc, which you can use to evaluate the volatility of the company. Please validate SOLiD's risk adjusted performance of 0.0367, and Coefficient Of Variation of 2531.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
SOLiD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SOLiD |
Sharpe Ratio = 0.07
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average SOLiD 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 SOLiD by adding it to a well-diversified portfolio.
SOLiD Valuation on October 4, 2024
It is possible to determine the worth of SOLiD on a given historical date. On October 4, 2024 SOLiD was worth 4525.0 at the beginning of the trading date compared to the closed value of 4495.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOLiD stock. Still, in general, we apply an absolute valuation method to find SOLiD's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SOLiD where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOLiD's related companies.
| Open | High | Low | Close | Volume | |
| 4,510 | 4,560 | 4,505 | 4,525 | 74,601 | |
10/04/2024 | 4,525 | 4,610 | 4,485 | 4,495 | 100,890 |
| 4,510 | 4,560 | 4,470 | 4,540 | 86,629 |
| Backtest SOLiD | | | SOLiD History | | | SOLiD Valuation | Previous | Next |
SOLiD Trading Date Momentum on October 4, 2024
| On October 07 2024 SOLiD Inc was traded for 4,540 at the closing time. The highest price during the trading period was 4,560 and the lowest recorded bid was listed for 4,470 . The volume for the day was 86.6 K. This history from October 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.00% . The trading price change to the current price is 0.78% . |
SOLiD Inc Fundamentals Correlations and Trends
By evaluating SOLiD's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SOLiD's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SOLiD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SOLiD Stock history
SOLiD investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SOLiD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SOLiD Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SOLiD stock prices may prove useful in developing a viable investing in SOLiD
SOLiD, Inc. provides RF amplifier, RF radio, and optical transport solutions in South Korea and internationally. SOLiD, Inc. was founded in 1998 and is headquartered in Seongnam, South Korea. Solid is traded on Korean Securities Dealers Automated Quotations in South Korea.
SOLiD Stock Technical Analysis
SOLiD 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.
Price Boundaries
SOLiD Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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SOLiD November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how SOLiD stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOLiD shares will generate the highest return on investment. By undertsting and applying SOLiD stock market strength indicators, traders can identify SOLiD Inc entry and exit signals to maximize returns
SOLiD Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SOLiD's price direction in advance. Along with the technical and fundamental analysis of SOLiD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOLiD to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0367 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1274 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SOLiD Stock analysis
When running SOLiD's price analysis, check to measure SOLiD'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 is operating at the current time. Most of SOLiD's value examination focuses on studying past and present price action to predict the probability of SOLiD'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's price. Additionally, you may evaluate how the addition of SOLiD to your portfolios can decrease your overall portfolio volatility.
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