Solaris Oilfield Infrastructure Price on July 30, 2024
SOIDelisted Stock | USD 11.52 0.56 5.11% |
If you're considering investing in Solaris Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solaris Oilfield stands at 11.52, as last reported on the 1st of December, with the highest price reaching 11.79 and the lowest price hitting 10.96 during the day. Solaris Oilfield Inf owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.34, which indicates the firm had a -0.34% return per unit of risk over the last 3 months. Solaris Oilfield Infrastructure exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solaris Oilfield's Semi Deviation of 2.11, coefficient of variation of 880.88, and Risk Adjusted Performance of 0.0953 to confirm the risk estimate we provide.
Solaris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solaris |
Sharpe Ratio = -0.3411
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Estimated Market Risk
1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.34 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Solaris Oilfield 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 Solaris Oilfield by adding Solaris Oilfield to a well-diversified portfolio.
Related Headline
Oil States Headline on 30th of July 2024
Oil States International, Inc. Q2 2024 Earnings Call Transcr... by insidermonkey.com
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Solaris Oilfield Valuation on July 30, 2024
It is possible to determine the worth of Solaris Oilfield on a given historical date. On July 30, 2024 Solaris was worth 12.82 at the beginning of the trading date compared to the closed value of 13.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solaris Oilfield stock. Still, in general, we apply an absolute valuation method to find Solaris Oilfield'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 Solaris Oilfield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solaris Oilfield's related companies.
Open | High | Low | Close | Volume | |
13.07 | 13.24 | 12.59 | 12.81 | 226,964 | |
07/30/2024 | 12.82 | 13.42 | 12.82 | 13.08 | 629,090 |
13.16 | 13.20 | 12.92 | 13.02 | 474,973 |
Backtest Solaris Oilfield | | | Solaris Oilfield History | | | Solaris Oilfield Valuation | Previous | Next |
Solaris Oilfield Trading Date Momentum on July 30, 2024
On July 31 2024 Solaris Oilfield Infrastructure was traded for 13.02 at the closing time. Highest Solaris Oilfield's price during the trading hours was 13.20 and the lowest price during the day was 12.92 . The net volume was 475 K. The overall trading history on the 31st of July contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.46% . The trading price change to current price is 9.56% . |
Solaris Oilfield Inf Fundamentals Correlations and Trends
By evaluating Solaris Oilfield'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 Solaris Oilfield's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solaris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solaris Oilfield Stock history
Solaris Oilfield 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 Solaris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solaris Oilfield Inf 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 Solaris Oilfield stock prices may prove useful in developing a viable investing in Solaris Oilfield
Solaris Oilfield Infrastructure, Inc. designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. Solaris Oilfield Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas. Solaris Oilfield operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 179 people.
Solaris Oilfield Stock Technical Analysis
Solaris Oilfield 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Solaris Oilfield Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Solaris Oilfield Infrastructure cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Solaris Oilfield December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Solaris Oilfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solaris Oilfield shares will generate the highest return on investment. By undertsting and applying Solaris Oilfield stock market strength indicators, traders can identify Solaris Oilfield Infrastructure entry and exit signals to maximize returns
Solaris Oilfield Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solaris Oilfield's price direction in advance. Along with the technical and fundamental analysis of Solaris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solaris 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 | 0.0953 | |||
Jensen Alpha | 0.4716 | |||
Total Risk Alpha | (0.29) | |||
Sortino Ratio | 0.1747 | |||
Treynor Ratio | 0.6734 |
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Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Solaris Stock
If you are still planning to invest in Solaris Oilfield Inf check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Solaris Oilfield's history and understand the potential risks before investing.
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