Solventum Corp Stock Price on November 14, 2024
| SOLV Stock | 70.35 0.63 0.90% |
If you're considering investing in Solventum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solventum Corp stands at 70.35, as last reported on the 11th of December 2024, with the highest price reaching 70.35 and the lowest price hitting 69.72 during the day. At this stage we consider Solventum Stock to be very steady. Solventum Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0328, which indicates the firm had a 0.0328% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Solventum Corp, which you can use to evaluate the volatility of the company. Please validate Solventum Corp's Semi Deviation of 1.44, risk adjusted performance of 0.0391, and Coefficient Of Variation of 2129.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.0492%.
At this time, Solventum Corp's Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 7.7 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.2 B in 2024. . At this time, Solventum Corp's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 11.57 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 6.64 in 2024. Solventum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solventum |
Sharpe Ratio = 0.0328
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| Negative Returns | SOLV |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Solventum Corp is performing at about 2% 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 Solventum Corp by adding it to a well-diversified portfolio.
Price Book 2.9196 | Enterprise Value 18.6 B | Enterprise Value Ebitda 9.0933 | Price Sales 1.3148 | Shares Float 138.3 M |
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Solventum Corp Valuation on November 14, 2024
It is possible to determine the worth of Solventum Corp on a given historical date. On November 14, 2024 Solventum was worth 69.38 at the beginning of the trading date compared to the closed value of 67.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solventum Corp stock. Still, in general, we apply an absolute valuation method to find Solventum Corp'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 Solventum Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solventum Corp's related companies.
| Open | High | Low | Close | Volume | |
| 70.23 | 71.03 | 69.68 | 70.04 | 917,324 | |
11/14/2024 | 69.38 | 70.31 | 67.85 | 67.90 | 1,062,761 |
| 67.74 | 68.33 | 67.00 | 67.48 | 1,146,295 |
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Solventum Corp Trading Date Momentum on November 14, 2024
| On November 15 2024 Solventum Corp was traded for 67.48 at the closing time. The top price for the day was 68.33 and the lowest listed price was 67.00 . The trading volume for the day was 1.1 M. The trading history from November 15, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.62% . The trading price change against the current closing price is 4.02% . |
Solventum Corp Fundamentals Correlations and Trends
By evaluating Solventum Corp'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 Solventum Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solventum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solventum Corp Stock history
Solventum Corp 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 Solventum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solventum Corp 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 Solventum Corp stock prices may prove useful in developing a viable investing in Solventum Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 155.2 M | 138 M |
Solventum Corp Quarterly Net Working Capital |
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Solventum Corp Stock Technical Analysis
Solventum Corp 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
Solventum Corp Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Solventum Corp 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.
Solventum Corp December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Solventum Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solventum Corp shares will generate the highest return on investment. By undertsting and applying Solventum Corp stock market strength indicators, traders can identify Solventum Corp entry and exit signals to maximize returns
Solventum Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solventum Corp's price direction in advance. Along with the technical and fundamental analysis of Solventum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solventum 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 | 0.0391 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.083 |
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Additional Tools for Solventum Stock Analysis
When running Solventum Corp's price analysis, check to measure Solventum Corp'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 Solventum Corp is operating at the current time. Most of Solventum Corp's value examination focuses on studying past and present price action to predict the probability of Solventum Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solventum Corp's price. Additionally, you may evaluate how the addition of Solventum Corp to your portfolios can decrease your overall portfolio volatility.