SaltX Technology (Sweden) Price on November 4, 2024
| SALT-B Stock | SEK 3.50 0.02 0.57% |
If you're considering investing in SaltX Stock, it is important to understand the factors that can impact its price. As of today, the current price of SaltX Technology stands at 3.50, as last reported on the 24th of January, with the highest price reaching 3.54 and the lowest price hitting 3.39 during the day. At this point, SaltX Technology is risky. SaltX Technology Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0164, which indicates the firm had a 0.0164 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SaltX Technology Holding, which you can use to evaluate the volatility of the company. Please validate SaltX Technology's Risk Adjusted Performance of 0.0556, semi deviation of 3.36, and Coefficient Of Variation of 1781.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0673%.
SaltX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SaltX |
Sharpe Ratio = 0.0164
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| Cash | Small Risk | Average Risk | SALT-B | Huge Risk |
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Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SaltX Technology is performing at about 1% of its full potential. 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 SaltX Technology by adding it to a well-diversified portfolio.
SaltX Technology Valuation on November 4, 2024
It is possible to determine the worth of SaltX Technology on a given historical date. On November 4, 2024 SaltX was worth 3.28 at the beginning of the trading date compared to the closed value of 3.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SaltX Technology stock. Still, in general, we apply an absolute valuation method to find SaltX Technology'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 SaltX Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SaltX Technology's related companies.
| Open | High | Low | Close | Volume | |
| 3.44 | 3.63 | 3.21 | 3.28 | 537,064 | |
11/04/2024 | 3.28 | 3.40 | 3.28 | 3.36 | 91,522 |
| 3.36 | 3.63 | 3.36 | 3.52 | 264,318 |
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SaltX Technology Trading Date Momentum on November 4, 2024
| On November 05 2024 SaltX Technology Holding was traded for 3.52 at the closing time. The highest price during the trading period was 3.63 and the lowest recorded bid was listed for 3.36 . The volume for the day was 264.3 K. This history from November 5, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 4.76% . The trading price change to the current price is 5.65% . |
SaltX Technology Holding Fundamentals Correlations and Trends
By evaluating SaltX Technology'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 SaltX Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SaltX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SaltX Technology Stock history
SaltX Technology 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 SaltX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SaltX Technology Holding 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 SaltX Technology stock prices may prove useful in developing a viable investing in SaltX Technology
SaltX Technology Holding AB develops, delivers, and licenses the SaltX technology to the OEM manufacturers of energy efficient heating and cooling products. The company was founded in 2001 and is headquartered in Hagersten, Sweden. SaltX Technology is traded on Stockholm Stock Exchange in Sweden.
SaltX Technology Stock Technical Analysis
SaltX Technology 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
SaltX Technology Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
SaltX Technology Holding cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
SaltX Technology January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how SaltX Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SaltX Technology shares will generate the highest return on investment. By undertsting and applying SaltX Technology stock market strength indicators, traders can identify SaltX Technology Holding entry and exit signals to maximize returns
SaltX Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SaltX Technology's price direction in advance. Along with the technical and fundamental analysis of SaltX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SaltX 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 | 0.0556 | |||
| Jensen Alpha | 0.192 | |||
| Total Risk Alpha | 0.0348 | |||
| Sortino Ratio | 0.0492 | |||
| Treynor Ratio | 0.4384 |
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| Volume Indicators |
Complementary Tools for SaltX Stock analysis
When running SaltX Technology's price analysis, check to measure SaltX Technology'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 SaltX Technology is operating at the current time. Most of SaltX Technology's value examination focuses on studying past and present price action to predict the probability of SaltX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SaltX Technology's price. Additionally, you may evaluate how the addition of SaltX Technology to your portfolios can decrease your overall portfolio volatility.
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