Solomon Technology (Taiwan) Price on June 6, 2023
If you're considering investing in Solomon Stock, it is important to understand the factors that can impact its price. Solomon Technology Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0386, which indicates the firm had a -0.0386% return per unit of risk over the last 3 months. Solomon Technology Corp exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solomon Technology's Variance of 5.6, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,592) to confirm the risk estimate we provide.
Solomon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solomon |
Sharpe Ratio = -0.0386
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2359 |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solomon Technology 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 Solomon Technology by adding Solomon Technology to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Solomon Technology Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Solomon Technology December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Solomon Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solomon Technology shares will generate the highest return on investment. By undertsting and applying Solomon Technology stock market strength indicators, traders can identify Solomon Technology Corp entry and exit signals to maximize returns
Solomon Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solomon Technology's price direction in advance. Along with the technical and fundamental analysis of Solomon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solomon 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 | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.30) |
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Additional Tools for Solomon Stock Analysis
When running Solomon Technology's price analysis, check to measure Solomon Technology'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 Solomon Technology is operating at the current time. Most of Solomon Technology's value examination focuses on studying past and present price action to predict the probability of Solomon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solomon Technology's price. Additionally, you may evaluate how the addition of Solomon Technology to your portfolios can decrease your overall portfolio volatility.