Solid State (Taiwan) Price on October 30, 2024
3259 Stock | TWD 22.95 1.40 5.75% |
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 State stands at 22.95, as last reported on the 11th of December 2024, with the highest price reaching 24.10 and the lowest price hitting 22.65 during the day. Solid State System owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0811, which indicates the firm had a -0.0811% return per unit of risk over the last 3 months. Solid State System exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solid State's Coefficient Of Variation of (974.18), risk adjusted performance of (0.07), and Variance of 4.92 to confirm the risk estimate we provide.
Solid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solid |
Sharpe Ratio = -0.0811
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 3259 |
Estimated Market Risk
2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solid State 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 Solid State by adding Solid State to a well-diversified portfolio.
Solid State Valuation on October 30, 2024
It is possible to determine the worth of Solid State on a given historical date. On October 30, 2024 Solid was worth 27.55 at the beginning of the trading date compared to the closed value of 27.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solid State stock. Still, in general, we apply an absolute valuation method to find Solid State'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 State where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solid State's related companies.
Open | High | Low | Close | Volume | |
27.20 | 27.80 | 27.00 | 27.80 | 7,130 | |
10/30/2024 | 27.55 | 27.75 | 26.80 | 27.75 | 6,017 |
27.75 | 27.75 | 27.75 | 27.75 | 1.00 |
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Solid State Trading Date Momentum on October 30, 2024
On October 31 2024 Solid State System was traded for 27.75 at the closing time. The highest price during the trading period was 27.75 and the lowest recorded bid was listed for 27.75 . There was no trading activity during the period 1.0. Lack of trading volume on October 31, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.70% . |
About Solid State Stock history
Solid State 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 State System 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 State stock prices may prove useful in developing a viable investing in Solid State
Solid State Stock Technical Analysis
Solid State 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 State Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Solid State System cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC Exchange. 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.
Solid State December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Solid State 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 State shares will generate the highest return on investment. By undertsting and applying Solid State stock market strength indicators, traders can identify Solid State System entry and exit signals to maximize returns
Solid State Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solid State'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 | (0.07) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | 2.73 |
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Volume Indicators |
Additional Tools for Solid Stock Analysis
When running Solid State's price analysis, check to measure Solid State'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 State is operating at the current time. Most of Solid State's value examination focuses on studying past and present price action to predict the probability of Solid State'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 State's price. Additionally, you may evaluate how the addition of Solid State to your portfolios can decrease your overall portfolio volatility.