Shin-Etsu Chemical (Germany) Price on October 25, 2024

SEH Stock  EUR 34.48  0.24  0.70%   
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 34.48, as last reported on the 2nd of December, with the highest price reaching 34.48 and the lowest price hitting 34.48 during the day. Shin Etsu Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.087, which indicates the firm had a -0.087% return per unit of risk over the last 3 months. Shin Etsu Chemical Co exposes twenty-two 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 (0.07), variance of 3.31, and Coefficient Of Variation of (1,008) 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.

Sharpe Ratio = -0.087

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Estimated Market Risk

 1.83
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  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 October 25, 2024

It is possible to determine the worth of Shin-Etsu Chemical on a given historical date. On October 25, 2024 Shin-Etsu was worth 34.45 at the beginning of the trading date compared to the closed value of 34.48. 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
  34.91    34.91    34.91    34.91    34.00  
10/25/2024
  34.45    34.48    34.45    34.48    400.00  
  33.28    33.28    33.28    33.28    1,200  
Backtest Shin-Etsu Chemical  |  Shin-Etsu Chemical History  |  Shin-Etsu Chemical Valuation   PreviousNext  
Open Value
34.45
34.48
Closing Value
39.94
Upside

Shin-Etsu Chemical Trading Date Momentum on October 25, 2024

On October 28 2024 Shin Etsu Chemical Co was traded for  33.28  at the closing time. The highest daily price throughout the period was 33.28  and the lowest price was  33.28 . The daily volume was 1.2 K. The net trading volume on 10/28/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.48% . The trading price change to current closing price is 3.89% .

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 Co., Ltd. manufactures and sells polyvinyl chloride , semiconductor devices, silicones, and rare earth magnets worldwide. The company was founded in 1926 and is headquartered in Tokyo, Japan. SHIN ETSU operates under Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 21735 people.

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.
A focus of Shin-Etsu Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shin-Etsu Chemical 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

Shin-Etsu Chemical Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shin Etsu Chemical Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 2, 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 Co 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.

Complementary 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.
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