Soltec Power (Spain) Price on January 27, 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 26th 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 -0.18, which indicates the firm had a -0.18% 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 Variance of 3.26, coefficient of variation of (526.98), 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.

Sharpe Ratio = -0.1828

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Estimated Market Risk

 1.82
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.33
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  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 27, 2023

It is possible to determine the worth of Soltec Power on a given historical date. On January 27, 2023 Soltec was worth 5.68 at the beginning of the trading date compared to the closed value of 5.55. 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
  5.56    5.82    5.50    5.65    542,157  
01/27/2023
  5.68    5.71    5.50    5.55    237,850  
  5.54    5.56    5.42    5.50    168,072  
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Open Value
5.68
5.55
Closing Value
11.14
Upside

Soltec Power Trading Date Momentum on January 27, 2023

On January 30 2023 Soltec Power Holdings was traded for  5.50  at the closing time. The maximum traded price for the trading interval was 5.56  and the lowest daily price was  5.42 . The daily volume was recorded at 168.1 K. The volume of trading on 30th of January 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.90% . The trading price change to the closing price today is 0.00% .

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

Soltec Power Period Price Range

Low
November 26, 2024
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High

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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 26, 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.

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.
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