Soltec Power (Spain) Price on January 26, 2023
SOL Stock | 1.60 0.09 5.33% |
If you're considering investing in Soltec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Soltec Power stands at 1.60, as last reported on the 27th of November, with the highest price reaching 1.70 and the lowest price hitting 1.58 during the day. Soltec Power Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Soltec Power Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Soltec Power's Coefficient Of Variation of (526.98), variance of 3.26, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide.
Soltec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Soltec |
Sharpe Ratio = -0.1888
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SOL |
Estimated Market Risk
1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Soltec Power 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 Soltec Power by adding Soltec Power to a well-diversified portfolio.
Soltec Power Valuation on January 26, 2023
It is possible to determine the worth of Soltec Power on a given historical date. On January 26, 2023 Soltec was worth 5.56 at the beginning of the trading date compared to the closed value of 5.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Soltec Power stock. Still, in general, we apply an absolute valuation method to find Soltec Power'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 Soltec Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Soltec Power's related companies.
Open | High | Low | Close | Volume | |
5.57 | 5.62 | 5.39 | 5.48 | 355,315 | |
01/26/2023 | 5.56 | 5.82 | 5.50 | 5.65 | 542,157 |
5.68 | 5.71 | 5.50 | 5.55 | 237,850 |
Backtest Soltec Power | | | Soltec Power History | | | Soltec Power Valuation | Previous | Next |
Soltec Power Trading Date Momentum on January 26, 2023
On January 27 2023 Soltec Power Holdings was traded for 5.55 at the closing time. The maximum traded price for the trading interval was 5.71 and the lowest daily price was 5.50 . The daily volume was recorded at 237.8 K. The volume of trading on 27th of January 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 1.77% . The trading price change to the closing price today is 1.77% . |
Soltec Power Holdings Fundamentals Correlations and Trends
By evaluating Soltec Power'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 Soltec Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Soltec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Soltec Power Stock history
Soltec Power 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 Soltec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Soltec Power Holdings 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 Soltec Power stock prices may prove useful in developing a viable investing in Soltec Power
Soltec Power Stock Technical Analysis
Soltec Power 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
Soltec Power Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Soltec Power Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Soltec Power November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Soltec Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Soltec Power shares will generate the highest return on investment. By undertsting and applying Soltec Power stock market strength indicators, traders can identify Soltec Power Holdings entry and exit signals to maximize returns
Soltec Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Soltec Power's price direction in advance. Along with the technical and fundamental analysis of Soltec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soltec 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 | (0.14) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (3.94) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Soltec Stock analysis
When running Soltec Power's price analysis, check to measure Soltec Power'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 Soltec Power is operating at the current time. Most of Soltec Power's value examination focuses on studying past and present price action to predict the probability of Soltec Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soltec Power's price. Additionally, you may evaluate how the addition of Soltec Power to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance |