Solteq PLC (Finland) Price on April 4, 2024

SOLTEQ Stock  EUR 0.59  0.01  1.67%   
If you're considering investing in Solteq Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solteq PLC stands at 0.59, as last reported on the 29th of November, with the highest price reaching 0.62 and the lowest price hitting 0.59 during the day. Solteq PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0469, which indicates the firm had a -0.0469% return per unit of risk over the last 3 months. Solteq PLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solteq PLC's Risk Adjusted Performance of (0.03), coefficient of variation of (2,176), and Variance of 11.79 to confirm the risk estimate we provide.
  
Solteq Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0469

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSOLTEQ

Estimated Market Risk

 3.48
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Solteq PLC 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 Solteq PLC by adding Solteq PLC to a well-diversified portfolio.

Solteq PLC Valuation on April 4, 2024

It is possible to determine the worth of Solteq PLC on a given historical date. On April 4, 2024 Solteq was worth 0.66 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solteq PLC stock. Still, in general, we apply an absolute valuation method to find Solteq PLC'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 Solteq PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solteq PLC's related companies.
 Open High Low Close Volume
  0.73    0.73    0.72    0.73    10,637  
04/04/2024
  0.66    0.74    0.66    0.73    6,802  
  0.74    0.74    0.72    0.72    2,073  
Backtest Solteq PLC  |  Solteq PLC History  |  Solteq PLC Valuation   PreviousNext  
Open Value
0.66
0.73
Closing Value
11.09
Upside

Solteq PLC Trading Date Momentum on April 4, 2024

On April 05 2024 Solteq PLC was traded for  0.72  at the closing time. The highest price during the trading period was 0.74  and the lowest recorded bid was listed for  0.72 . The volume for the day was 2.1 K. This history from April 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.37% . The trading price change to the current price is 5.48% .

Solteq PLC Fundamentals Correlations and Trends

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

About Solteq PLC Stock history

Solteq PLC 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 Solteq is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solteq PLC 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 Solteq PLC stock prices may prove useful in developing a viable investing in Solteq PLC
Solteq Oyj, an IT service and software company, provides digital business solutions in Finland, Sweden, Denmark, Poland, and the United Kingdom. Solteq Oyj was founded in 1982 and is headquartered in Vantaa, Finland. Solteq Oyj operates under Software - Application classification in Finland and is traded on Helsinki Exchange. It employs 586 people.

Solteq PLC Stock Technical Analysis

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

Solteq PLC Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Solteq PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.

Solteq PLC November 29, 2024 Market Strength

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

Solteq PLC Technical and Predictive Indicators

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

When running Solteq PLC's price analysis, check to measure Solteq PLC'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 Solteq PLC is operating at the current time. Most of Solteq PLC's value examination focuses on studying past and present price action to predict the probability of Solteq PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solteq PLC's price. Additionally, you may evaluate how the addition of Solteq PLC to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world