Sotkamo Silver (Finland) Price on May 22, 2024
| SOSI1 Stock | EUR 0.09 0 1.06% |
If you're considering investing in Sotkamo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sotkamo Silver stands at 0.09, as last reported on the 26th of November, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day. Sotkamo Silver appears to be out of control, given 3 months investment horizon. Sotkamo Silver AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0633, which indicates the firm had a 0.0633% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sotkamo Silver AB, which you can use to evaluate the volatility of the company. Please review Sotkamo Silver's Risk Adjusted Performance of 0.0256, coefficient of variation of 4444.85, and Semi Deviation of 4.08 to confirm if our risk estimates are consistent with your expectations.
Sotkamo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sotkamo |
Sharpe Ratio = 0.0633
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Estimated Market Risk
| 4.56 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sotkamo Silver is performing at about 4% of its full potential. 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 Sotkamo Silver by adding it to a well-diversified portfolio.
Sotkamo Silver Valuation on May 22, 2024
It is possible to determine the worth of Sotkamo Silver on a given historical date. On May 22, 2024 Sotkamo was worth 0.18 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sotkamo Silver stock. Still, in general, we apply an absolute valuation method to find Sotkamo Silver'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 Sotkamo Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sotkamo Silver's related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.17 | 0.17 | 1,463,417 | |
05/22/2024 | 0.18 | 0.18 | 0.17 | 0.17 | 2,186,342 |
| 0.16 | 0.17 | 0.16 | 0.16 | 2,238,152 |
| Backtest Sotkamo Silver | | | Sotkamo Silver History | | | Sotkamo Silver Valuation | Previous | Next |
Sotkamo Silver Trading Date Momentum on May 22, 2024
| On May 23 2024 Sotkamo Silver AB was traded for 0.16 at the closing time. The highest price during the trading period was 0.17 and the lowest recorded bid was listed for 0.16 . The volume for the day was 2.2 M. This history from May 23, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 5.88% . The trading price change to the current price is 0.00% . |
Sotkamo Silver AB Fundamentals Correlations and Trends
By evaluating Sotkamo Silver'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 Sotkamo Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sotkamo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sotkamo Silver Stock history
Sotkamo Silver 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 Sotkamo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sotkamo Silver AB 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 Sotkamo Silver stock prices may prove useful in developing a viable investing in Sotkamo Silver
Sotkamo Silver AB, together with its subsidiaries, explores for and develops mineral deposits. Its primary project is the Silver Mine project located in Sotkamo, Finland. Sotkamo Silver operates under Other Precious Metals Mining classification in Finland and is traded on Helsinki Exchange. It employs 56 people.
Sotkamo Silver Stock Technical Analysis
Sotkamo Silver 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
Sotkamo Silver Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Sotkamo Silver AB 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.
Sotkamo Silver November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Sotkamo Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sotkamo Silver shares will generate the highest return on investment. By undertsting and applying Sotkamo Silver stock market strength indicators, traders can identify Sotkamo Silver AB entry and exit signals to maximize returns
Sotkamo Silver Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sotkamo Silver's price direction in advance. Along with the technical and fundamental analysis of Sotkamo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sotkamo 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 | 0.0256 | |||
| Jensen Alpha | 0.1113 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.80) |
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| Volume Indicators |
Complementary Tools for Sotkamo Stock analysis
When running Sotkamo Silver's price analysis, check to measure Sotkamo Silver'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 Sotkamo Silver is operating at the current time. Most of Sotkamo Silver's value examination focuses on studying past and present price action to predict the probability of Sotkamo Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sotkamo Silver's price. Additionally, you may evaluate how the addition of Sotkamo Silver to your portfolios can decrease your overall portfolio volatility.
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