Solar Alliance Energy Stock Price on December 9, 2024
SAENF Stock | USD 0.02 0.0001 0.44% |
If you're considering investing in Solar OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solar Alliance stands at 0.02, as last reported on the 16th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Solar Alliance Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0411, which indicates the firm had a -0.0411% return per unit of risk over the last 3 months. Solar Alliance Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solar Alliance's Variance of 61.07, coefficient of variation of (2,108), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
Solar OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solar |
Sharpe Ratio = -0.0411
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Estimated Market Risk
7.61 actual daily | 67 67% of assets are less volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solar Alliance 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 Solar Alliance by adding Solar Alliance to a well-diversified portfolio.
Related Headline
NorthWestern Headline on 9th of December 2024
Disposition of 700 shares by Britt Ide of NorthWestern at 53... by gurufocus.com
Filed transaction by NorthWestern Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Solar Alliance Valuation on December 9, 2024
It is possible to determine the worth of Solar Alliance on a given historical date. On December 9, 2024 Solar was worth 0.016 at the beginning of the trading date compared to the closed value of 0.0209. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solar Alliance otc stock. Still, in general, we apply an absolute valuation method to find Solar Alliance'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 Alliance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solar Alliance's related companies.
Open | High | Low | Close | Volume | |
0.02 | 0.02 | 0.02 | 0.02 | 66,830 | |
12/09/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 407,775 |
0.02 | 0.02 | 0.02 | 0.02 | 1,750 |
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Solar Alliance Trading Date Momentum on December 9, 2024
On December 10 2024 Solar Alliance Energy was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 1.8 K. The net trading volume on 12/10/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 8.61% . The trading price change to current closing price is 8.13% . |
Solar Alliance Energy Fundamentals Correlations and Trends
By evaluating Solar Alliance'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 Alliance'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 Alliance OTC Stock history
Solar Alliance 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 Alliance Energy 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 Alliance stock prices may prove useful in developing a viable investing in Solar Alliance
Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada. Solar Alliance is traded on OTC Exchange in the United States.
Solar Alliance OTC Stock Technical Analysis
Solar Alliance technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Solar Alliance Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Solar Alliance Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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 Alliance December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Solar Alliance otc 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 Alliance shares will generate the highest return on investment. By undertsting and applying Solar Alliance otc stock market strength indicators, traders can identify Solar Alliance Energy entry and exit signals to maximize returns
Solar Alliance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solar Alliance's price direction in advance. Along with the technical and fundamental analysis of Solar OTC 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 | (0.03) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (1.35) | |||
Treynor Ratio | 0.2132 |
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Volume Indicators |
Complementary Tools for Solar OTC Stock analysis
When running Solar Alliance's price analysis, check to measure Solar Alliance'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 Alliance is operating at the current time. Most of Solar Alliance's value examination focuses on studying past and present price action to predict the probability of Solar Alliance'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 Alliance's price. Additionally, you may evaluate how the addition of Solar Alliance to your portfolios can decrease your overall portfolio volatility.
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