Solvay Sa Adr Stock Price on November 8, 2024
SLVYY Stock | USD 3.21 0.05 1.53% |
If you're considering investing in Solvay Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Solvay SA stands at 3.21, as last reported on the 24th of November, with the highest price reaching 3.23 and the lowest price hitting 3.16 during the day. Solvay SA ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0466, which indicates the firm had a -0.0466% return per unit of risk over the last 3 months. Solvay SA ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solvay SA's Variance of 4.34, coefficient of variation of (2,168), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Solvay Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Solvay |
Sharpe Ratio = -0.0466
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Estimated Market Risk
2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solvay SA 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 Solvay SA by adding Solvay SA to a well-diversified portfolio.
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Recurring EBITDA 432 million, 35 percent increase from Q2 2024, 130 percent increase from Q3 2023.Operating Cash Generation 75 million in the period.Cash Position 2.4
Solvay SA Valuation on November 8, 2024
It is possible to determine the worth of Solvay SA on a given historical date. On November 8, 2024 Solvay was worth 3.61 at the beginning of the trading date compared to the closed value of 3.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solvay SA pink sheet. Still, in general, we apply an absolute valuation method to find Solvay SA'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 Solvay SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solvay SA's related companies.
Open | High | Low | Close | Volume | |
3.65 | 3.65 | 3.65 | 3.65 | 109,210 | |
11/08/2024 | 3.61 | 3.61 | 3.61 | 3.61 | 62,732 |
3.53 | 3.53 | 3.53 | 3.53 | 70,957 |
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Solvay SA Trading Date Momentum on November 8, 2024
On November 11 2024 Solvay SA ADR was traded for 3.53 at the closing time. The highest daily price throughout the period was 3.53 and the lowest price was 3.53 . The daily volume was 71 K. The net trading volume on 11/11/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.22% . The trading price change to current closing price is 5.82% . |
Solvay SA ADR Fundamentals Correlations and Trends
By evaluating Solvay SA'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 Solvay SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solvay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solvay SA Pink Sheet history
Solvay SA 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 Solvay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solvay SA ADR 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 Solvay SA stock prices may prove useful in developing a viable investing in Solvay SA
Solvay SA provides advanced materials and specialty chemicals worldwide. The company was founded in 1863 and is headquartered in Brussels, Belgium. Solvay SA operates under Chemicals classification in the United States and is traded on OTC Exchange. It employs 21000 people.
Solvay SA Pink Sheet Technical Analysis
Solvay SA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Solvay SA Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Solvay SA ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Solvay SA November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Solvay SA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solvay SA shares will generate the highest return on investment. By undertsting and applying Solvay SA pink sheet market strength indicators, traders can identify Solvay SA ADR entry and exit signals to maximize returns
Solvay SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solvay SA's price direction in advance. Along with the technical and fundamental analysis of Solvay Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solvay 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 | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | 0.3137 |
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Additional Tools for Solvay Pink Sheet Analysis
When running Solvay SA's price analysis, check to measure Solvay SA'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 Solvay SA is operating at the current time. Most of Solvay SA's value examination focuses on studying past and present price action to predict the probability of Solvay SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solvay SA's price. Additionally, you may evaluate how the addition of Solvay SA to your portfolios can decrease your overall portfolio volatility.