SHIN-ETSU CHEMICAL (Germany) Price on June 27, 2023
| SEH Stock | EUR 34.33 0.25 0.73% |
If you're considering investing in SHIN-ETSU Stock, it is important to understand the factors that can impact its price. As of today, the current price of SHIN-ETSU CHEMICAL stands at 34.33, as last reported on the 11th of December 2024, with the highest price reaching 34.35 and the lowest price hitting 34.02 during the day. SHIN ETSU CHEMICAL owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0507, which indicates the firm had a -0.0507% return per unit of volatility over the last 3 months. SHIN ETSU CHEMICAL exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHIN-ETSU CHEMICAL's risk adjusted performance of 0.0039, and Variance of 2.3 to confirm the risk estimate we provide.
SHIN-ETSU Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SHIN-ETSU |
Sharpe Ratio = -0.0507
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Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SHIN-ETSU CHEMICAL 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 SHIN-ETSU CHEMICAL by adding SHIN-ETSU CHEMICAL to a well-diversified portfolio.
SHIN-ETSU CHEMICAL Valuation on June 27, 2023
It is possible to determine the worth of SHIN-ETSU CHEMICAL on a given historical date. On June 27, 2023 SHIN-ETSU was worth 29.6 at the beginning of the trading date compared to the closed value of 29.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SHIN-ETSU CHEMICAL stock. Still, in general, we apply an absolute valuation method to find SHIN-ETSU CHEMICAL'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 SHIN-ETSU CHEMICAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SHIN-ETSU CHEMICAL's related companies.
| Open | High | Low | Close | Volume | |
| 29.20 | 29.60 | 29.20 | 29.40 | 15.00 | |
06/27/2023 | 29.60 | 29.60 | 29.20 | 29.20 | 15.00 |
| 29.80 | 30.00 | 29.80 | 30.00 | 15.00 |
| Backtest SHIN-ETSU CHEMICAL | | | SHIN-ETSU CHEMICAL History | | | SHIN-ETSU CHEMICAL Valuation | Previous | Next |
SHIN-ETSU CHEMICAL Trading Date Momentum on June 27, 2023
| On June 28 2023 SHIN ETSU CHEMICAL was traded for 30.00 at the closing time. The maximum traded price for the trading interval was 30.00 and the lowest daily price was 29.80 . The daily volume was recorded at 15.0. The volume of trading on 28th of June 2023 played a part in the next trading day price appreciation. The trading price change to the next closing price was 2.74% . The trading price change to the closing price today is 0.68% . |
SHIN ETSU CHEMICAL Fundamentals Correlations and Trends
By evaluating SHIN-ETSU CHEMICAL'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 SHIN-ETSU CHEMICAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SHIN-ETSU financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SHIN-ETSU CHEMICAL Stock history
SHIN-ETSU CHEMICAL 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 SHIN-ETSU is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SHIN ETSU 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 SHIN-ETSU CHEMICAL stock prices may prove useful in developing a viable investing in SHIN-ETSU CHEMICAL
SHIN-ETSU CHEMICAL Stock Technical Analysis
SHIN-ETSU CHEMICAL 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
SHIN-ETSU CHEMICAL Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SHIN ETSU CHEMICAL cannot be verified against its exchange. Please verify the symbol is currently traded on Dusseldorf 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.
SHIN-ETSU CHEMICAL December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SHIN-ETSU CHEMICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SHIN-ETSU CHEMICAL shares will generate the highest return on investment. By undertsting and applying SHIN-ETSU CHEMICAL stock market strength indicators, traders can identify SHIN ETSU CHEMICAL entry and exit signals to maximize returns
SHIN-ETSU CHEMICAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SHIN-ETSU CHEMICAL's price direction in advance. Along with the technical and fundamental analysis of SHIN-ETSU Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SHIN-ETSU 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 | 0.0039 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.07) |
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Additional Tools for SHIN-ETSU Stock Analysis
When running SHIN-ETSU CHEMICAL's price analysis, check to measure SHIN-ETSU CHEMICAL'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 SHIN-ETSU CHEMICAL is operating at the current time. Most of SHIN-ETSU CHEMICAL's value examination focuses on studying past and present price action to predict the probability of SHIN-ETSU CHEMICAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHIN-ETSU CHEMICAL's price. Additionally, you may evaluate how the addition of SHIN-ETSU CHEMICAL to your portfolios can decrease your overall portfolio volatility.