Solux (Korea) Price on May 19, 2023

290690 Stock  KRW 8,630  130.00  1.53%   
If you're considering investing in Solux Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solux stands at 8,630, as last reported on the 30th of November, with the highest price reaching 8,940 and the lowest price hitting 8,250 during the day. Solux owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0131, which indicates the firm had a -0.0131% return per unit of risk over the last 3 months. Solux Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solux's Variance of 15.01, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,673) to confirm the risk estimate we provide.
  
Solux Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0131

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Estimated Market Risk

 3.81
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Solux 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 Solux by adding Solux to a well-diversified portfolio.

Solux Valuation on May 19, 2023

It is possible to determine the worth of Solux on a given historical date. On May 19, 2023 Solux was worth 5136.39 at the beginning of the trading date compared to the closed value of 6950.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solux stock. Still, in general, we apply an absolute valuation method to find Solux'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 Solux where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solux's related companies.
 Open High Low Close Volume
  5,724    5,893    4,960    5,352    23,356,080  
05/19/2023
  5,136    6,951    5,094    6,951    21,647,563  
  7,750    8,272    6,527    6,967    15,903,948  
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Open Value
5136.39
6950.77
Closing Value
5,148
Upside

Solux Trading Date Momentum on May 19, 2023

On May 22 2023 Solux Co was traded for  6,967  at the closing time. The highest price during the trading period was 8,272  and the lowest recorded bid was listed for  6,527 . The volume for the day was 15.9 M. This history from May 22, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.23% . The trading price change to the current price is 16.90% .

Solux Fundamentals Correlations and Trends

By evaluating Solux'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 Solux's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solux financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Solux Stock history

Solux 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 Solux is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solux 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 Solux stock prices may prove useful in developing a viable investing in Solux
Solux Co., Ltd. manufactures and supplies indoor, outdoor, and special purpose lighting products. The company was founded in 1995 and is headquartered in Gongju-si, South Korea. SOLUX is traded on Korean Securities Dealers Automated Quotations in South Korea.

Solux Stock Technical Analysis

Solux 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 Solux technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Solux 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...

Price Boundaries

Solux Period Price Range

Low
November 30, 2024
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High

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Solux Co cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Solux November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Solux stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solux shares will generate the highest return on investment. By undertsting and applying Solux stock market strength indicators, traders can identify Solux Co entry and exit signals to maximize returns

Solux Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Solux's price direction in advance. Along with the technical and fundamental analysis of Solux Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solux 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.

Complementary Tools for Solux Stock analysis

When running Solux's price analysis, check to measure Solux'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 Solux is operating at the current time. Most of Solux's value examination focuses on studying past and present price action to predict the probability of Solux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solux's price. Additionally, you may evaluate how the addition of Solux to your portfolios can decrease your overall portfolio volatility.
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