Soluna Holdings Stock Price on November 5, 2024
| SLNH Stock | USD 2.23 0.08 3.46% |
If you're considering investing in Soluna Stock, it is important to understand the factors that can impact its price. As of today, the current price of Soluna Holdings stands at 2.23, as last reported on the 30th of December, with the highest price reaching 2.32 and the lowest price hitting 2.11 during the day. Soluna Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0261, which indicates the firm had a -0.0261% return per unit of risk over the last 3 months. Soluna Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Soluna Holdings' Coefficient Of Variation of (3,828), risk adjusted performance of (0.01), and Variance of 55.43 to confirm the risk estimate we provide.
Soluna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Soluna |
Sharpe Ratio = -0.0261
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SLNH |
Estimated Market Risk
| 7.45 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Soluna Holdings 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 Soluna Holdings by adding Soluna Holdings to a well-diversified portfolio.
Soluna Holdings Valuation on November 5, 2024
It is possible to determine the worth of Soluna Holdings on a given historical date. On November 5, 2024 Soluna was worth 3.18 at the beginning of the trading date compared to the closed value of 3.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Soluna Holdings stock. Still, in general, we apply an absolute valuation method to find Soluna Holdings' 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 Soluna Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Soluna Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 3.36 | 3.60 | 3.00 | 3.13 | 238,312 | |
11/05/2024 | 3.18 | 3.38 | 3.14 | 3.21 | 123,518 |
| 3.53 | 3.74 | 3.30 | 3.68 | 258,118 |
| Backtest Soluna Holdings | | | Soluna Holdings History | | | Soluna Holdings Valuation | Previous | Next |
Soluna Holdings Trading Date Momentum on November 5, 2024
| On November 06 2024 Soluna Holdings was traded for 3.68 at the closing time. The top price for the day was 3.74 and the lowest listed price was 3.30 . The trading volume for the day was 258.1 K. The trading history from November 6, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 14.64% . The trading price change against the current closing price is 15.26% . |
Soluna Holdings Fundamentals Correlations and Trends
By evaluating Soluna Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Soluna Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Soluna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Soluna Holdings Stock history
Soluna Holdings 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 Soluna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Soluna 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 Soluna Holdings stock prices may prove useful in developing a viable investing in Soluna Holdings
Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. Soluna Hldgs operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 54 people.
Soluna Holdings Stock Technical Analysis
Soluna Holdings 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
Soluna Holdings Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Soluna Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Soluna Holdings December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Soluna Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Soluna Holdings shares will generate the highest return on investment. By undertsting and applying Soluna Holdings stock market strength indicators, traders can identify Soluna Holdings entry and exit signals to maximize returns
Soluna Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Soluna Holdings' price direction in advance. Along with the technical and fundamental analysis of Soluna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Soluna 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 | (0.01) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Soluna Stock analysis
When running Soluna Holdings' price analysis, check to measure Soluna Holdings' 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 Soluna Holdings is operating at the current time. Most of Soluna Holdings' value examination focuses on studying past and present price action to predict the probability of Soluna Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soluna Holdings' price. Additionally, you may evaluate how the addition of Soluna Holdings to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |