Solux (Korea) Price on November 27, 2024
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 -0.0134, which indicates the firm had a -0.0134% 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 Coefficient Of Variation of (1,673), variance of 15.01, and Risk Adjusted Performance of (0.04) 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.
Solux |
Sharpe Ratio = -0.0134
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Negative Returns | 290690 |
Estimated Market Risk
3.87 actual daily | 34 66% 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 November 27, 2024
It is possible to determine the worth of Solux on a given historical date. On November 27, 2024 Solux was worth 8460.0 at the beginning of the trading date compared to the closed value of 8630.0. 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 | |
8,670 | 8,750 | 8,380 | 8,400 | 211,101 | |
11/27/2024 | 8,460 | 8,940 | 8,250 | 8,630 | 208,876 |
8,640 | 8,900 | 8,620 | 8,650 | 165,093 |
Backtest Solux | | | Solux History | | | Solux Valuation | Previous | Next |
Solux Trading Date Momentum on November 27, 2024
On November 28 2024 Solux Co was traded for 8,650 at the closing time. The highest price during the trading period was 8,900 and the lowest recorded bid was listed for 8,620 . The volume for the day was 165.1 K. This history from November 28, 2024 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 1.97% . |
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.
Price Boundaries
Solux Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | (0.20) |
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Volume Indicators |
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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