Solvac SA (Belgium) Price on November 26, 2024
| SOLV Stock | EUR 102.00 3.00 3.03% |
If you're considering investing in Solvac Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solvac SA stands at 102.00, as last reported on the 4th of December, with the highest price reaching 102.00 and the lowest price hitting 99.00 during the day. Currently, Solvac SA is very steady. Solvac SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0379, which indicates the firm had a 0.0379% return per unit of risk over the last 3 months. We have found thirty technical indicators for Solvac SA, which you can use to evaluate the volatility of the company. Please validate Solvac SA's Risk Adjusted Performance of 0.0459, semi deviation of 0.9196, and Coefficient Of Variation of 1793.26 to confirm if the risk estimate we provide is consistent with the expected return of 0.0437%.
Solvac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solvac |
Sharpe Ratio = 0.0379
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| Negative Returns | SOLV |
Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Solvac SA 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 Solvac SA by adding it to a well-diversified portfolio.
Solvac SA Valuation on November 26, 2024
It is possible to determine the worth of Solvac SA on a given historical date. On November 26, 2024 Solvac was worth 99.2 at the beginning of the trading date compared to the closed value of 99.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solvac SA stock. Still, in general, we apply an absolute valuation method to find Solvac 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 Solvac SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solvac SA's related companies.
| Open | High | Low | Close | Volume | |
| 100.00 | 100.00 | 99.20 | 99.20 | 692.00 | |
11/26/2024 | 99.20 | 100.50 | 99.00 | 99.00 | 699.00 |
| 99.00 | 100.50 | 98.40 | 99.00 | 308.00 |
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Solvac SA Trading Date Momentum on November 26, 2024
| On November 27 2024 Solvac SA was traded for 99.00 at the closing time. The highest price during the trading period was 100.50 and the lowest recorded bid was listed for 98.40 . The volume for the day was 308. This history from November 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.20% . |
Solvac SA Fundamentals Correlations and Trends
By evaluating Solvac 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 Solvac SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solvac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solvac SA Stock history
Solvac 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 Solvac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solvac 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 Solvac SA stock prices may prove useful in developing a viable investing in Solvac SA
Solvac S.A., through its participation interest in Solvay SA, operates as an advanced materials and specialty chemicals company in Belgium. The company was founded in 1983 and is headquartered in Brussels, Belgium. Solvac S operates under Specialist Chemicals classification in Belgium and is traded on Brussels Stock Exchange.
Solvac SA Stock Technical Analysis
Solvac 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.
Price Boundaries
Solvac SA Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Solvac 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.
Solvac SA December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Solvac 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 Solvac SA shares will generate the highest return on investment. By undertsting and applying Solvac SA stock market strength indicators, traders can identify Solvac SA entry and exit signals to maximize returns
Solvac SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solvac SA's price direction in advance. Along with the technical and fundamental analysis of Solvac Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solvac 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 | 0.0459 | |||
| Jensen Alpha | 0.0471 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.8015 |
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Additional Tools for Solvac Stock Analysis
When running Solvac SA's price analysis, check to measure Solvac 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 Solvac SA is operating at the current time. Most of Solvac SA's value examination focuses on studying past and present price action to predict the probability of Solvac 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 Solvac SA's price. Additionally, you may evaluate how the addition of Solvac SA to your portfolios can decrease your overall portfolio volatility.