SH Energy (Korea) Price on May 9, 2024
| 002360 Stock | 520.00 1.00 0.19% |
If you're considering investing in 002360 Stock, it is important to understand the factors that can impact its price. As of today, the current price of SH Energy stands at 520.00, as last reported on the 14th of December 2024, with the highest price reaching 522.00 and the lowest price hitting 511.00 during the day. At this point, SH Energy is very steady. SH Energy Chemical retains Efficiency (Sharpe Ratio) of 0.0204, which indicates the firm had a 0.0204% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for SH Energy, which you can use to evaluate the volatility of the company. Please validate SH Energy's Mean Deviation of 2.22, downside deviation of 2.81, and Risk Adjusted Performance of 0.0215 to confirm if the risk estimate we provide is consistent with the expected return of 0.0758%.
002360 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
002360 |
Sharpe Ratio = 0.0204
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | 002360 | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average SH Energy is performing at about 1% 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 SH Energy by adding it to a well-diversified portfolio.
SH Energy Valuation on May 9, 2024
It is possible to determine the worth of SH Energy on a given historical date. On May 9, 2024 002360 was worth 641.0 at the beginning of the trading date compared to the closed value of 645.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SH Energy stock. Still, in general, we apply an absolute valuation method to find SH Energy'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 SH Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SH Energy's related companies.
| Open | High | Low | Close | Volume | |
| 643.00 | 647.00 | 634.00 | 642.00 | 299,587 | |
05/09/2024 | 641.00 | 653.00 | 641.00 | 645.00 | 585,697 |
| 647.00 | 654.00 | 640.00 | 644.00 | 408,648 |
| Backtest SH Energy | | | SH Energy History | | | SH Energy Valuation | Previous | Next |
SH Energy Trading Date Momentum on May 9, 2024
| On May 10 2024 SH Energy Chemical was traded for 644.00 at the closing time. The highest price during the trading period was 654.00 and the lowest recorded bid was listed for 640.00 . The volume for the day was 408.6 K. This history from May 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.16% . The trading price change to the current price is 0.31% . |
About SH Energy Stock history
SH Energy 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 002360 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SH Energy Chemical 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 SH Energy stock prices may prove useful in developing a viable investing in SH Energy
SH Energy Stock Technical Analysis
SH Energy 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
SH Energy Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
SH Energy Chemical cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.
SH Energy December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how SH Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SH Energy shares will generate the highest return on investment. By undertsting and applying SH Energy stock market strength indicators, traders can identify SH Energy Chemical entry and exit signals to maximize returns
SH Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SH Energy's price direction in advance. Along with the technical and fundamental analysis of 002360 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 002360 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 | 0.0215 | |||
| Jensen Alpha | 0.0467 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.534 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for 002360 Stock analysis
When running SH Energy's price analysis, check to measure SH Energy'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 SH Energy is operating at the current time. Most of SH Energy's value examination focuses on studying past and present price action to predict the probability of SH Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SH Energy's price. Additionally, you may evaluate how the addition of SH Energy to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |