SOL-GEL TECHN (Germany) Price on May 20, 2024

4SG Stock  EUR 0.49  0.02  4.26%   
If you're considering investing in SOL-GEL Stock, it is important to understand the factors that can impact its price. As of today, the current price of SOL-GEL TECHN stands at 0.49, as last reported on the 29th of November, with the highest price reaching 0.49 and the lowest price hitting 0.49 during the day. SOL GEL TECHN owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0134, which indicates the firm had a -0.0134% return per unit of volatility over the last 3 months. SOL GEL TECHN IS 10 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOL-GEL TECHN's coefficient of variation of 25498.86, and Risk Adjusted Performance of 0.0118 to confirm the risk estimate we provide.
  
SOL-GEL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0134

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Estimated Market Risk

 6.44
  actual daily
57
57% of assets are less volatile

Expected Return

 -0.09
  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 SOL-GEL TECHN 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-GEL TECHN by adding SOL-GEL TECHN to a well-diversified portfolio.

SOL-GEL TECHN Valuation on May 20, 2024

It is possible to determine the worth of SOL-GEL TECHN on a given historical date. On May 20, 2024 SOL-GEL was worth 0.66 at the beginning of the trading date compared to the closed value of 0.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SOL-GEL TECHN stock. Still, in general, we apply an absolute valuation method to find SOL-GEL TECHN'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-GEL TECHN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SOL-GEL TECHN's related companies.
 Open High Low Close Volume
  0.63    0.63    0.63    0.63    6,512  
05/20/2024
  0.66    0.66    0.66    0.66    6,512  
  0.62    0.62    0.62    0.62    6,512  
Backtest SOL-GEL TECHN  |  SOL-GEL TECHN History  |  SOL-GEL TECHN Valuation   PreviousNext  
Open Value
0.66
0.66
Closing Value
19.98
Upside

SOL-GEL TECHN Trading Date Momentum on May 20, 2024

On May 21 2024 SOL GEL TECHN IS 10 was traded for  0.62  at the closing time. The highest daily price throughout the period was 0.62  and the lowest price was  0.62 . The daily volume was 6.5 K. The net trading volume on 05/21/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 6.06% . The trading price change to current closing price is 4.55% .

SOL GEL TECHN Fundamentals Correlations and Trends

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

About SOL-GEL TECHN Stock history

SOL-GEL TECHN 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 SOL-GEL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SOL GEL TECHN 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 SOL-GEL TECHN stock prices may prove useful in developing a viable investing in SOL-GEL TECHN
Sol-Gel Technologies Ltd., a clinical stage specialty pharmaceutical company, focuses on developing and commercializing topical dermatological drug products based on its proprietary microencapsulation delivery system in Israel. The company was incorporated in 1997 and is headquartered in Ness Ziona, Israel. SOL GEL operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 65 people.

SOL-GEL TECHN Stock Technical Analysis

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

SOL-GEL TECHN Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SOL GEL TECHN IS 10 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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-GEL TECHN November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how SOL-GEL TECHN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SOL-GEL TECHN shares will generate the highest return on investment. By undertsting and applying SOL-GEL TECHN stock market strength indicators, traders can identify SOL GEL TECHN IS 10 entry and exit signals to maximize returns

SOL-GEL TECHN Technical and Predictive Indicators

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

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