Solvay SA (Belgium) Price on November 14, 2024

SOLB Stock  EUR 32.71  0.29  0.89%   
If you're considering investing in Solvay Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solvay SA stands at 32.71, as last reported on the 1st of December, with the highest price reaching 32.88 and the lowest price hitting 32.37 during the day. Currently, Solvay SA is very steady. Solvay SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0223, which indicates the firm had a 0.0223% return per unit of risk over the last 3 months. We have found thirty technical indicators for Solvay SA, which you can use to evaluate the volatility of the company. Please validate Solvay SA's Coefficient Of Variation of 2985.06, semi deviation of 2.31, and Risk Adjusted Performance of 0.0319 to confirm if the risk estimate we provide is consistent with the expected return of 0.0453%.
  
Solvay Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0223

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Estimated Market Risk

 2.03
  actual daily
18
82% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Solvay SA 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 Solvay SA by adding it to a well-diversified portfolio.

Solvay SA Valuation on November 14, 2024

It is possible to determine the worth of Solvay SA on a given historical date. On November 14, 2024 Solvay was worth 31.6 at the beginning of the trading date compared to the closed value of 31.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solvay SA stock. Still, in general, we apply an absolute valuation method to find Solvay SA'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 Solvay SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solvay SA's related companies.
 Open High Low Close Volume
  31.78    32.11    31.36    31.51    208,626  
11/14/2024
  31.60    31.88    31.34    31.41    193,374  
  31.31    32.50    31.31    32.23    130,866  
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Open Value
31.6
31.41
Closing Value
37.69
Upside

Solvay SA Trading Date Momentum on November 14, 2024

On November 15 2024 Solvay SA was traded for  32.23  at the closing time. The highest price during the trading period was 32.50  and the lowest recorded bid was listed for  31.31 . The volume for the day was 130.9 K. This history from November 15, 2024 contributed to the next trading day price gain. The trading price change to the next closing price was 2.61% . The trading price change to the current price is 0.19% .

Solvay SA Fundamentals Correlations and Trends

By evaluating Solvay SA'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 Solvay SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solvay financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Solvay SA Stock history

Solvay SA 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 Solvay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solvay SA 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 Solvay SA stock prices may prove useful in developing a viable investing in Solvay SA
Solvay SA operates as an advanced materials and specialty chemicals worldwide. The company was founded in 1863 and is headquartered in Brussels, Belgium. SOLVAY operates under Chemicals And Petrochemicals classification in Belgium and is traded on Brussels Stock Exchange. It employs 24500 people.

Solvay SA Stock Technical Analysis

Solvay SA 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.
A focus of Solvay SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Solvay SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Solvay SA Period Price Range

Low
December 1, 2024
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High

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Solvay SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.

Solvay SA December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Solvay SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solvay SA shares will generate the highest return on investment. By undertsting and applying Solvay SA stock market strength indicators, traders can identify Solvay SA entry and exit signals to maximize returns

Solvay SA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Solvay SA's price direction in advance. Along with the technical and fundamental analysis of Solvay Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solvay 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.

Additional Tools for Solvay Stock Analysis

When running Solvay SA's price analysis, check to measure Solvay SA'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 Solvay SA is operating at the current time. Most of Solvay SA's value examination focuses on studying past and present price action to predict the probability of Solvay SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solvay SA's price. Additionally, you may evaluate how the addition of Solvay SA to your portfolios can decrease your overall portfolio volatility.