Solar Applied (Taiwan) Price on November 22, 2024
| 1785 Stock | TWD 67.70 1.10 1.65% |
If you're considering investing in Solar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solar Applied stands at 67.70, as last reported on the 13th of December 2024, with the highest price reaching 69.10 and the lowest price hitting 66.50 during the day. At this stage we consider Solar Stock to be very steady. Solar Applied Materials owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0132, which indicates the firm had a 0.0132% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Solar Applied Materials, which you can use to evaluate the volatility of the company. Please validate Solar Applied's Coefficient Of Variation of 1048.62, semi deviation of 1.98, and Risk Adjusted Performance of 0.0762 to confirm if the risk estimate we provide is consistent with the expected return of 0.0299%.
Solar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solar |
Sharpe Ratio = 0.0132
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 1785 |
Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Solar Applied is performing at about 1% 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 Solar Applied by adding it to a well-diversified portfolio.
Solar Applied Valuation on November 22, 2024
It is possible to determine the worth of Solar Applied on a given historical date. On November 22, 2024 Solar was worth 61.0 at the beginning of the trading date compared to the closed value of 60.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solar Applied stock. Still, in general, we apply an absolute valuation method to find Solar Applied'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 Solar Applied where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solar Applied's related companies.
| Open | High | Low | Close | Volume | |
| 60.40 | 60.90 | 59.90 | 60.50 | 2,509,000 | |
11/22/2024 | 61.00 | 61.70 | 60.70 | 60.70 | 3,391,237 |
| 61.30 | 62.40 | 61.30 | 62.10 | 4,770,014 |
| Backtest Solar Applied | | | Solar Applied History | | | Solar Applied Valuation | Previous | Next |
Solar Applied Trading Date Momentum on November 22, 2024
| On November 25 2024 Solar Applied Materials was traded for 62.10 at the closing time. The highest price during the trading period was 62.40 and the lowest recorded bid was listed for 61.30 . The volume for the day was 4.8 M. This history from November 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 2.31% . The trading price change to the current price is 0.66% . |
Solar Applied Materials Fundamentals Correlations and Trends
By evaluating Solar Applied'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 Solar Applied's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solar Applied Stock history
Solar Applied 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 Solar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solar Applied Materials 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 Solar Applied stock prices may prove useful in developing a viable investing in Solar Applied
Solar Applied Stock Technical Analysis
Solar Applied 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
Solar Applied Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Solar Applied Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
Solar Applied December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Solar Applied stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solar Applied shares will generate the highest return on investment. By undertsting and applying Solar Applied stock market strength indicators, traders can identify Solar Applied Materials entry and exit signals to maximize returns
Solar Applied Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solar Applied's price direction in advance. Along with the technical and fundamental analysis of Solar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solar 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 | 0.0762 | |||
| Jensen Alpha | 0.2139 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.059 | |||
| Treynor Ratio | 2.31 |
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Additional Tools for Solar Stock Analysis
When running Solar Applied's price analysis, check to measure Solar Applied'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 Solar Applied is operating at the current time. Most of Solar Applied's value examination focuses on studying past and present price action to predict the probability of Solar Applied's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solar Applied's price. Additionally, you may evaluate how the addition of Solar Applied to your portfolios can decrease your overall portfolio volatility.