Sona Nanotech Stock Price on May 21, 2024

SNANF Stock  USD 0.19  0.00  0.00%   
If you're considering investing in Sona OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sona Nanotech stands at 0.19, as last reported on the 3rd of December, with the highest price reaching 0.19 and the lowest price hitting 0.19 during the day. Sona Nanotech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0147, which indicates the firm had a -0.0147% return per unit of risk over the last 3 months. Sona Nanotech exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sona Nanotech's Coefficient Of Variation of (102,031), risk adjusted performance of 0.0078, and Variance of 29.57 to confirm the risk estimate we provide.
  
Sona OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0147

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Estimated Market Risk

 5.53
  actual daily
49
51% of assets are more 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 Sona Nanotech 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 Sona Nanotech by adding Sona Nanotech to a well-diversified portfolio.

Sona Nanotech Valuation on May 21, 2024

It is possible to determine the worth of Sona Nanotech on a given historical date. On May 21, 2024 Sona was worth 0.23 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sona Nanotech otc stock. Still, in general, we apply an absolute valuation method to find Sona Nanotech'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 Sona Nanotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sona Nanotech's related companies.
 Open High Low Close Volume
  0.21    0.25    0.21    0.25    4,200  
05/21/2024
  0.23    0.23    0.22    0.22    16,400  
  0.22    0.22    0.22    0.22    1.00  
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Open Value
0.23
0.22
Closing Value
16.83
Upside

Sona Nanotech Trading Date Momentum on May 21, 2024

On May 22 2024 Sona Nanotech was traded for  0.22  at the closing time. The highest daily price throughout the period was 0.22  and the lowest price was  0.22 . There was no trading activity during the period 1.0. Lack of trading volume on 05/22/2024 did not result in any price rise and fall. The trading price change to current closing price is 13.64% .

Sona Nanotech Fundamentals Correlations and Trends

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

About Sona Nanotech OTC Stock history

Sona Nanotech 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 Sona is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sona Nanotech 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 Sona Nanotech stock prices may prove useful in developing a viable investing in Sona Nanotech
Sona Nanotech Inc., nanotechnology life sciences company, manufactures and sells gold nanorod products for diagnostic tests. Its products are used in various applications, including drug delivery, food and beverage testing, environmental testing, cell imaging, cancer treatment, and liposuction therapy, as well as medical and consumer, military, and veterinary diagnostics. Sona Nanotech operates under Diagnostics Research classification in the United States and is traded on OTC Exchange.

Sona Nanotech OTC Stock Technical Analysis

Sona Nanotech technical otc 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, otc market cycles, or different charting patterns.
A focus of Sona Nanotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sona Nanotech 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

Sona Nanotech Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sona Nanotech cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.

Sona Nanotech December 3, 2024 Market Strength

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

Sona Nanotech Technical and Predictive Indicators

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

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