Solarmax Technology Common Stock Price on November 25, 2024
| SMXT Stock | 1.48 0.27 22.31% |
If you're considering investing in Solarmax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solarmax Technology stands at 1.48, as last reported on the 29th of November, with the highest price reaching 1.50 and the lowest price hitting 1.21 during the day. Solarmax Technology appears to be abnormally volatile, given 3 months investment horizon. Solarmax Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0937, which indicates the firm had a 0.0937% return per unit of risk over the last 3 months. By inspecting Solarmax Technology's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please review Solarmax Technology's Variance of 111.25, coefficient of variation of (2,421), and Risk Adjusted Performance of (0.02) to confirm if our risk estimates are consistent with your expectations.
At this time, Solarmax Technology's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 64.6 M in 2024, whereas Capital Stock is likely to drop slightly above 32.8 K in 2024. . At this time, Solarmax Technology's Price Earnings Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 48.99 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (3.65). Solarmax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solarmax |
Sharpe Ratio = 0.0937
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Estimated Market Risk
| 8.66 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Solarmax Technology is performing at about 7% 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 Solarmax Technology by adding it to a well-diversified portfolio.
Enterprise Value Ebitda 135.5961 | Price Sales 1.8244 | Shares Float 24.1 M | Earnings Share (0.71) | Shares Short 370.6 K |
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Solarmax Technology Valuation on November 25, 2024
It is possible to determine the worth of Solarmax Technology on a given historical date. On November 25, 2024 Solarmax was worth 1.14 at the beginning of the trading date compared to the closed value of 1.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solarmax Technology stock. Still, in general, we apply an absolute valuation method to find Solarmax 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 Solarmax Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solarmax Technology's related companies.
| Open | High | Low | Close | Volume | |
| 1.07 | 1.10 | 1.01 | 1.10 | 31,140 | |
11/25/2024 | 1.14 | 1.17 | 1.11 | 1.13 | 132,273 |
| 1.17 | 1.24 | 1.11 | 1.21 | 204,191 |
| Backtest Solarmax Technology | | | Solarmax Technology History | | | Solarmax Technology Valuation | Previous | Next |
Solarmax Technology Trading Date Momentum on November 25, 2024
| On November 26 2024 Solarmax Technology Common was traded for 1.21 at the closing time. The top price for the day was 1.24 and the lowest listed price was 1.11 . The trading volume for the day was 204.2 K. The trading history from November 26, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 7.08% . The trading price change against the current closing price is 7.08% . |
Solarmax Technology Fundamentals Correlations and Trends
By evaluating Solarmax 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 Solarmax Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solarmax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solarmax Technology Stock history
Solarmax 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 Solarmax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solarmax 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 Solarmax Technology stock prices may prove useful in developing a viable investing in Solarmax Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.5 M | 50.8 M |
Solarmax Technology Stock Technical Analysis
Solarmax 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
Solarmax Technology Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Solarmax Technology Common cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Solarmax Technology November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Solarmax 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 Solarmax Technology shares will generate the highest return on investment. By undertsting and applying Solarmax Technology stock market strength indicators, traders can identify Solarmax Technology Common entry and exit signals to maximize returns
Solarmax Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solarmax Technology's price direction in advance. Along with the technical and fundamental analysis of Solarmax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solarmax 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 | (0.02) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (2.03) | |||
| Treynor Ratio | 0.4258 |
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Additional Tools for Solarmax Stock Analysis
When running Solarmax Technology's price analysis, check to measure Solarmax 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 Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax 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 Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.