SOL KRX (Korea) Price on January 30, 2023
404650 Etf | 9,255 100.00 1.09% |
If you're considering investing in SOL Etf, it is important to understand the factors that can impact its price. As of today, the current price of SOL KRX stands at 9,255, as last reported on the 4th of December, with the highest price reaching 9,255 and the lowest price hitting 9,235 during the day. SOL KRX Climate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the etf had a -0.14% return per unit of volatility over the last 3 months. SOL KRX Climate exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOL KRX's variance of 2.22, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide.
SOL Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
SOL |
Sharpe Ratio = -0.1365
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 404650 |
Estimated Market Risk
1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SOL KRX 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 SOL KRX by adding SOL KRX to a well-diversified portfolio.
SOL KRX Valuation on January 30, 2023
It is possible to determine the worth of SOL KRX on a given historical date. On January 30, 2023 SOL was worth 9439.54 at the beginning of the trading date compared to the closed value of 9238.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOL KRX etf. Still, in general, we apply an absolute valuation method to find SOL KRX'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 SOL KRX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOL KRX's related companies.
Open | High | Low | Close | Volume | |
9,444 | 9,444 | 9,376 | 9,400 | 38.00 | |
01/30/2023 | 9,440 | 9,440 | 9,234 | 9,239 | 165.00 |
9,180 | 9,288 | 9,180 | 9,234 | 14.00 |
Backtest SOL KRX | | | SOL KRX History | Previous | Next |
SOL KRX Trading Date Momentum on January 30, 2023
On January 31 2023 SOL KRX Climate was traded for 9,234 at the closing time. The highest price during the trading period was 9,288 and the lowest recorded bid was listed for 9,180 . The volume for the day was 14.0. This history from January 31, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.05% . The trading price change to the current price is 4.50% . |
Price Boundaries
SOL KRX Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
SOL KRX Climate cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock 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.
SOL KRX December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how SOL KRX etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOL KRX shares will generate the highest return on investment. By undertsting and applying SOL KRX etf market strength indicators, traders can identify SOL KRX Climate entry and exit signals to maximize returns
SOL KRX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SOL KRX's price direction in advance. Along with the technical and fundamental analysis of SOL Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of SOL 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.