Shimano (Germany) Price on September 9, 2024

SHM Stock  EUR 131.60  0.90  0.69%   
If you're considering investing in Shimano Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shimano stands at 131.60, as last reported on the 2nd of December, with the highest price reaching 131.60 and the lowest price hitting 131.60 during the day. Shimano owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2% return per unit of risk over the last 3 months. Shimano exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shimano's Risk Adjusted Performance of (0.15), coefficient of variation of (501.75), and Variance of 3.27 to confirm the risk estimate we provide.
  
Shimano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1998

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Estimated Market Risk

 1.78
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.36
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shimano 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 Shimano by adding Shimano to a well-diversified portfolio.

Shimano Valuation on September 9, 2024

It is possible to determine the worth of Shimano on a given historical date. On September 9, 2024 Shimano was worth 160.6 at the beginning of the trading date compared to the closed value of 162.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shimano stock. Still, in general, we apply an absolute valuation method to find Shimano'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 Shimano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shimano's related companies.
 Open High Low Close Volume
  164.50    164.50    164.10    164.10    2.00  
09/09/2024
  160.60    162.70    160.60    162.70    3.00  
  161.80    161.80    161.80    161.80    3.00  
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Open Value
160.6
155.26
Downside
162.7
Closing Value
165.94
Upside

Shimano Trading Date Momentum on September 9, 2024

On September 10 2024 Shimano was traded for  161.80  at the closing time. The highest daily price throughout the period was 161.80  and the lowest price was  161.80 . There was no trading activity during the period 3.0. Lack of trading volume on 09/10/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.55% . The trading price change to current closing price is 1.17% .

Shimano Fundamentals Correlations and Trends

By evaluating Shimano'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 Shimano's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shimano financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shimano Stock history

Shimano 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 Shimano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shimano 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 Shimano stock prices may prove useful in developing a viable investing in Shimano
Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company was founded in 1921 and is headquartered in Sakai, Japan. SHIMANO INC operates under Leisure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12244 people.

Shimano Stock Technical Analysis

Shimano 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 Shimano technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shimano 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

Shimano Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shimano 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.

Shimano December 2, 2024 Market Strength

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

Shimano Technical and Predictive Indicators

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

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