Solitron Devices Stock Price on July 18, 2024

SODI Stock  USD 16.02  0.72  4.30%   
If you're considering investing in Solitron Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Solitron Devices stands at 16.02, as last reported on the 23rd of November, with the highest price reaching 16.02 and the lowest price hitting 16.02 during the day. Solitron Devices owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0678, which indicates the firm had a -0.0678% return per unit of risk over the last 3 months. Solitron Devices exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solitron Devices' Coefficient Of Variation of (1,510), variance of 6.25, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Solitron Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0678

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Estimated Market Risk

 2.52
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Solitron Devices 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 Solitron Devices by adding Solitron Devices to a well-diversified portfolio.

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Solitron Devices Valuation on July 18, 2024

It is possible to determine the worth of Solitron Devices on a given historical date. On July 18, 2024 Solitron was worth 18.74 at the beginning of the trading date compared to the closed value of 18.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solitron Devices pink sheet. Still, in general, we apply an absolute valuation method to find Solitron Devices' 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 Solitron Devices where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solitron Devices' related companies.
 Open High Low Close Volume
  18.74    18.74    18.02    18.02    200.00  
07/18/2024
  18.74    18.74    18.02    18.02    1,400  
  18.02    18.02    18.02    18.02    7.00  
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Open Value
18.74
18.02
Closing Value
26.31
Upside

Solitron Devices Trading Date Momentum on July 18, 2024

On July 19 2024 Solitron Devices was traded for  18.02  at the closing time. The top price for the day was 18.02  and the lowest listed price was  18.02 . The trading volume for the day was 7.0. The trading history from July 19, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.11% .

Solitron Devices Fundamentals Correlations and Trends

By evaluating Solitron Devices' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Solitron Devices' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solitron financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Solitron Devices Pink Sheet history

Solitron Devices 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 Solitron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solitron Devices 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 Solitron Devices stock prices may prove useful in developing a viable investing in Solitron Devices
Solitron Devices, Inc. designs, develops, manufactures, and markets solid-state semiconductor components and related devices primarily for the military and aerospace markets. The company was incorporated in 1959 and is headquartered in West Palm Beach, Florida. Solitron Devices operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 54 people.

Solitron Devices Pink Sheet Technical Analysis

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

Solitron Devices Period Price Range

Low
November 23, 2024
0.00  NaN%
High

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 0.00 

Solitron Devices 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.

Solitron Devices November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Solitron Devices 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 Solitron Devices shares will generate the highest return on investment. By undertsting and applying Solitron Devices pink sheet market strength indicators, traders can identify Solitron Devices entry and exit signals to maximize returns

Solitron Devices Technical and Predictive Indicators

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

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