Solar Alliance Energy Stock Price on December 2, 2024
| SOLR Stock | CAD 0.03 0.01 25.00% |
Below is the normalized historical share price chart for Solar Alliance Energy extending back to May 23, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Solar Alliance stands at 0.03, as last reported on the 13th of December 2024, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day.
If you're considering investing in Solar Stock, it is important to understand the factors that can impact its price. Solar Alliance appears to be out of control, given 3 months investment horizon. Solar Alliance Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0384, which indicates the firm had a 0.0384% return per unit of risk over the last 3 months. By inspecting Solar Alliance's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Solar Alliance's Coefficient Of Variation of 6318.71, semi deviation of 10.17, and Risk Adjusted Performance of 0.021 to confirm if our risk estimates are consistent with your expectations.
At this time, Solar Alliance's Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 4.1 M in 2024, whereas Total Stockholder Equity is likely to drop (2.4 M) in 2024. . At this time, Solar Alliance's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.26 in 2024, whereas Price Book Value Ratio is likely to drop (6.89) in 2024. Solar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.051 | 50 Day MA 0.0448 | Beta 1.322 |
Solar |
Sharpe Ratio = 0.0384
| Best Portfolio | Best Equity | |||
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| Small Returns | SOLR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 14.47 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Solar Alliance is performing at about 3% 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 Solar Alliance by adding it to a well-diversified portfolio.
Price Book 93.9711 | Enterprise Value Ebitda (84.44) | Price Sales 1.1892 | Shares Float 269 M | Wall Street Target Price 1.15 |
Solar Alliance Main Headline on 2nd of December 2024
Solar Alliance Expands Renewable Projects in US Southeast - ... by news.google.com
Solar Alliance Expands Renewable Projects in US Southeast TipRanks
Solar Alliance Valuation on December 2, 2024
It is possible to determine the worth of Solar Alliance on a given historical date. On December 2, 2024 Solar was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solar Alliance 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 | |
| 0.03 | 0.04 | 0.03 | 0.04 | 238,700 | |
12/02/2024 | 0.04 | 0.04 | 0.03 | 0.04 | 74,600 |
| 0.03 | 0.04 | 0.03 | 0.03 | 167,801 |
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Solar Alliance Trading Date Momentum on December 2, 2024
| On December 03 2024 Solar Alliance Energy was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 167.8 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 25.00% . The trading price change to the closing price today is 25.00% . |
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 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 316.2 M | 332 M | |
| Net Loss | -1.2 M | -1.3 M |
Solar Alliance Stock Technical Analysis
Solar Alliance 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
Solar Alliance Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Solar Alliance Energy cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Solar Alliance 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 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 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 | 0.021 | |||
| Jensen Alpha | 0.4236 | |||
| Total Risk Alpha | (1.80) | |||
| Sortino Ratio | 0.0051 | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Solar 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.