Solar Applied Stock Forecast - Day Median Price
| 1785 Stock | TWD 59.50 0.80 1.36% |
Solar Stock Forecast is based on your current time horizon.
Solar |
| Previous Day Median Price | Day Median Price | Trend |
| 59.05 | 58.9 |
| Check Solar Applied Volatility | Backtest Solar Applied | Information Ratio |
Solar Applied Trading Date Momentum
| On November 29 2024 Solar Applied Materials was traded for 59.50 at the closing time. The highest price during the trading period was 59.60 and the lowest recorded bid was listed for 58.20 . The volume for the day was 2.4 M. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 1.18% . |
The median price is the midpoint of the trading periods range.
| Compare Solar Applied to competition |
Other Forecasting Options for Solar Applied
For every potential investor in Solar, whether a beginner or expert, Solar Applied's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Solar Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Solar. Basic forecasting techniques help filter out the noise by identifying Solar Applied's price trends.Solar Applied Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Solar Applied stock to make a market-neutral strategy. Peer analysis of Solar Applied could also be used in its relative valuation, which is a method of valuing Solar Applied by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Solar Applied Materials Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Solar Applied's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Solar Applied's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Solar Applied Market Strength Events
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 Risk Indicators
The analysis of Solar Applied's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Solar Applied's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting solar stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.94 | |||
| Standard Deviation | 2.59 | |||
| Variance | 6.71 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Solar Applied
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solar Applied position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solar Applied will appreciate offsetting losses from the drop in the long position's value.Moving together with Solar Stock
Moving against Solar Stock
The ability to find closely correlated positions to Solar Applied could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solar Applied when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solar Applied - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solar Applied Materials to buy it.
The correlation of Solar Applied is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solar Applied moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solar Applied Materials moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solar Applied can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.