SOL-GEL TECHN (Germany) Price on November 21, 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 1st of December, 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 -0.0132, which indicates the firm had a -0.0132% return per unit of volatility over the last 3 months. SOL GEL TECHN IS 10 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SOL-GEL TECHN's variance of 40.64, and Risk Adjusted Performance of 0.0085 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.
SOL-GEL |
Sharpe Ratio = -0.0132
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Estimated Market Risk
6.34 actual daily | 56 56% of assets are less volatile |
Expected Return
-0.08 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 November 21, 2024
It is possible to determine the worth of SOL-GEL TECHN on a given historical date. On November 21, 2024 SOL-GEL was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. 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 | |
0.37 | 0.37 | 0.37 | 0.37 | 1.00 | |
11/21/2024 | 0.35 | 0.35 | 0.35 | 0.35 | 1.00 |
0.39 | 0.39 | 0.39 | 0.39 | 1.00 |
Backtest SOL-GEL TECHN | | | SOL-GEL TECHN History | | | SOL-GEL TECHN Valuation | Previous | Next |
SOL-GEL TECHN Trading Date Momentum on November 21, 2024
On November 22 2024 SOL GEL TECHN IS 10 was traded for 0.39 at the closing time. The highest daily price throughout the period was 0.39 and the lowest price was 0.39 . There was no trading activity during the period 1.0. Lack of trading volume on 11/22/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 11.43% . The trading price change to current closing price is 40.00% . |
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.
Price Boundaries
SOL-GEL TECHN Period Price Range
Low | December 1, 2024
| 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 December 1, 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.
Risk Adjusted Performance | 0.0085 | |||
Jensen Alpha | (0.34) | |||
Total Risk Alpha | (1.08) | |||
Treynor Ratio | (0) |
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Volume Indicators |
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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