SMA Solar (Germany) Price on July 7, 2023

S92 Stock  EUR 13.23  0.14  1.07%   
If you're considering investing in SMA Stock, it is important to understand the factors that can impact its price. As of today, the current price of SMA Solar stands at 13.23, as last reported on the 30th of November, with the highest price reaching 13.52 and the lowest price hitting 13.08 during the day. SMA Solar Technology retains Efficiency (Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. SMA Solar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SMA Solar's standard deviation of 3.92, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
  
SMA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1477

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Estimated Market Risk

 3.94
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.58
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average SMA Solar 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 SMA Solar by adding SMA Solar to a well-diversified portfolio.

SMA Solar Valuation on July 7, 2023

It is possible to determine the worth of SMA Solar on a given historical date. On July 7, 2023 SMA was worth 101.72 at the beginning of the trading date compared to the closed value of 97.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SMA Solar stock. Still, in general, we apply an absolute valuation method to find SMA Solar'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 SMA Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SMA Solar's related companies.
 Open High Low Close Volume
  106.18    107.46    101.92    102.81    729.00  
07/07/2023
  101.72    101.72    93.79    97.06    3,097  
  96.72    96.72    93.50    94.83    845.00  
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Open Value
101.72
97.06
Closing Value
113.53
Upside

SMA Solar Trading Date Momentum on July 7, 2023

On July 10 2023 SMA Solar Technology was traded for  94.83  at the closing time. The highest daily price throughout the period was 96.72  and the lowest price was  93.50 . The daily volume was 845. The net trading volume on 07/10/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.30% . The trading price change to current closing price is 9.44% .

SMA Solar Technology Fundamentals Correlations and Trends

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

About SMA Solar Stock history

SMA Solar 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 SMA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SMA Solar Technology 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 SMA Solar stock prices may prove useful in developing a viable investing in SMA Solar
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and distributes photovoltaic inverters, transformers, choke coils, and monitoring and energy management systems for PV systems worldwide. SMA Solar Technology AG was founded in 1981 and is headquartered in Niestetal, Germany. SMA SOLAR operates under Solar classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3097 people.

SMA Solar Stock Technical Analysis

SMA Solar 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 SMA Solar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SMA Solar 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

SMA Solar Period Price Range

Low
November 30, 2024
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SMA Solar Technology 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.

SMA Solar November 30, 2024 Market Strength

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

SMA Solar Technical and Predictive Indicators

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

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