Shinsegae Information (Korea) Price on December 20, 2023

035510 Stock   8,890  100.00  1.11%   
If you're considering investing in Shinsegae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shinsegae Information stands at 8,890, as last reported on the 1st of December, with the highest price reaching 9,050 and the lowest price hitting 8,860 during the day. Shinsegae Information owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0561, which indicates the firm had a -0.0561% return per unit of risk over the last 3 months. Shinsegae Information Communication exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinsegae Information's Variance of 2.71, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,888) to confirm the risk estimate we provide.
  
Shinsegae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0561

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Estimated Market Risk

 1.64
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shinsegae Information is not performing at its full potential. However, 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 Shinsegae Information by adding Shinsegae Information to a well-diversified portfolio.

Shinsegae Information Valuation on December 20, 2023

It is possible to determine the worth of Shinsegae Information on a given historical date. On December 20, 2023 Shinsegae was worth 11871.21 at the beginning of the trading date compared to the closed value of 11967.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinsegae Information stock. Still, in general, we apply an absolute valuation method to find Shinsegae Information'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 Shinsegae Information where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinsegae Information's related companies.
 Open High Low Close Volume
  11,794    11,852    11,737    11,746    12,475  
12/20/2023
  11,871    11,996    11,746    11,967    32,411  
  11,919    11,919    11,737    11,785    35,079  
Backtest Shinsegae Information  |  Shinsegae Information History  |  Shinsegae Information Valuation   PreviousNext  
Open Value
11871.21
11,866
Downside
11967.18
Closing Value
11,876
Upside

Shinsegae Information Trading Date Momentum on December 20, 2023

On December 21 2023 Shinsegae Information Communication was traded for  11,785  at the closing time. The highest price during the trading period was 11,919  and the lowest recorded bid was listed for  11,737 . The volume for the day was 35.1 K. This history from December 21, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.52% . The trading price change to the current price is 1.19% .

About Shinsegae Information Stock history

Shinsegae Information 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 Shinsegae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shinsegae Information 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 Shinsegae Information stock prices may prove useful in developing a viable investing in Shinsegae Information

Shinsegae Information Stock Technical Analysis

Shinsegae Information 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.
A focus of Shinsegae Information technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shinsegae Information trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shinsegae Information Period Price Range

Low
December 1, 2024
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High

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Shinsegae Information Communication 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.

Shinsegae Information December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Shinsegae Information stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinsegae Information shares will generate the highest return on investment. By undertsting and applying Shinsegae Information stock market strength indicators, traders can identify Shinsegae Information Communication entry and exit signals to maximize returns

Shinsegae Information Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shinsegae Information's price direction in advance. Along with the technical and fundamental analysis of Shinsegae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinsegae 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.

Complementary Tools for Shinsegae Stock analysis

When running Shinsegae Information's price analysis, check to measure Shinsegae Information'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 Shinsegae Information is operating at the current time. Most of Shinsegae Information's value examination focuses on studying past and present price action to predict the probability of Shinsegae Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinsegae Information's price. Additionally, you may evaluate how the addition of Shinsegae Information to your portfolios can decrease your overall portfolio volatility.
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