Solaris Oilfield Infrastructure Stock Price on April 5, 2024
| SOI Stock | USD 8.81 0.43 4.65% |
If you're considering investing in Solaris Stock, it is important to understand the factors that can impact its price. As of today, the current price of Solaris Oilfield stands at 8.81, as last reported on the 1st of May, with the highest price reaching 9.14 and the lowest price hitting 8.77 during the day. Solaris Oilfield appears to be somewhat reliable, given 3 months investment horizon. Solaris Oilfield Inf owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Solaris Oilfield Infrastructure, which you can use to evaluate the volatility of the company. Please review Solaris Oilfield's Coefficient Of Variation of 900.89, risk adjusted performance of 0.0791, and Semi Deviation of 1.99 to confirm if our risk estimates are consistent with your expectations.
Solaris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Solaris |
Sharpe Ratio = 0.111
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Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Solaris Oilfield is performing at about 8% 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 Solaris Oilfield by adding it to a well-diversified portfolio.
Related Headline
Bristow Headline on 5th of April 2024
Disposition of 1386 shares by David Stepanek of Bristow at 2... by MacroaxisInsider
Filed transaction by Bristow Group Officer Executive Vice President, Cto. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Solaris Oilfield Valuation on April 5, 2024
It is possible to determine the worth of Solaris Oilfield on a given historical date. On April 5, 2024 Solaris was worth 8.82 at the beginning of the trading date compared to the closed value of 8.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Solaris Oilfield stock. Still, in general, we apply an absolute valuation method to find Solaris Oilfield'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 Solaris Oilfield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Solaris Oilfield's related companies.
| Open | High | Low | Close | Volume | |
| 8.83 | 8.87 | 8.64 | 8.74 | 404,570 | |
04/05/2024 | 8.82 | 9.00 | 8.73 | 8.94 | 202,614 |
| 8.97 | 9.10 | 8.93 | 8.96 | 192,721 |
| Backtest Solaris Oilfield | | | Solaris Oilfield History | | | Solaris Oilfield Valuation | Previous | Next |
Solaris Oilfield Trading Date Momentum on April 5, 2024
| On April 08 2024 Solaris Oilfield Infrastructure was traded for 8.96 at the closing time. Highest Solaris Oilfield's price during the trading hours was 9.10 and the lowest price during the day was 8.93 . The net volume was 192.7 K. The overall trading history on the 8th of April contributed to the next trading period price growth. The trading price change to the next next day price was 0.22% . The trading price change to current price is 3.47% . |
Solaris Oilfield Inf Fundamentals Correlations and Trends
By evaluating Solaris Oilfield'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 Solaris Oilfield's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Solaris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Solaris Oilfield Stock history
Solaris Oilfield 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 Solaris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Solaris Oilfield Inf 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 Solaris Oilfield stock prices may prove useful in developing a viable investing in Solaris Oilfield
Solaris Oilfield Infrastructure, Inc. designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. Solaris Oilfield Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas. Solaris Oilfield operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 179 people.
Solaris Oilfield Stock Technical Analysis
Solaris Oilfield 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
Solaris Oilfield Period Price Range
Low | April 5, 2024
| High |
8.82 | 8.94 |
Solaris Oilfield May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Solaris Oilfield stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Solaris Oilfield shares will generate the highest return on investment. By undertsting and applying Solaris Oilfield stock market strength indicators, traders can identify Solaris Oilfield Infrastructure entry and exit signals to maximize returns
Solaris Oilfield Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Solaris Oilfield's price direction in advance. Along with the technical and fundamental analysis of Solaris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Solaris 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 | 0.0791 | |||
| Jensen Alpha | 0.3575 | |||
| Total Risk Alpha | 0.0935 | |||
| Sortino Ratio | 0.1227 | |||
| Treynor Ratio | (0.57) |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solaris Oilfield Infrastructure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Solaris Stock analysis
When running Solaris Oilfield's price analysis, check to measure Solaris Oilfield'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 Solaris Oilfield is operating at the current time. Most of Solaris Oilfield's value examination focuses on studying past and present price action to predict the probability of Solaris Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solaris Oilfield's price. Additionally, you may evaluate how the addition of Solaris Oilfield to your portfolios can decrease your overall portfolio volatility.
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Is Solaris Oilfield's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Solaris Oilfield. If investors know Solaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Solaris Oilfield listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Solaris Oilfield Inf is measured differently than its book value, which is the value of Solaris that is recorded on the company's balance sheet. Investors also form their own opinion of Solaris Oilfield's value that differs from its market value or its book value, called intrinsic value, which is Solaris Oilfield's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solaris Oilfield's market value can be influenced by many factors that don't directly affect Solaris Oilfield's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solaris Oilfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solaris Oilfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solaris Oilfield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.