Shinil Industrial (Korea) Price on November 26, 2024
002700 Stock | 1,424 3.00 0.21% |
If you're considering investing in Shinil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shinil Industrial stands at 1,424, as last reported on the 7th of January, with the highest price reaching 1,450 and the lowest price hitting 1,411 during the day. Shinil Industrial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0429, which indicates the firm had a -0.0429% return per unit of risk over the last 3 months. Shinil Industrial Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinil Industrial's Risk Adjusted Performance of (0.04), coefficient of variation of (1,743), and Variance of 2.08 to confirm the risk estimate we provide.
Shinil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shinil |
Sharpe Ratio = -0.0429
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Estimated Market Risk
1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shinil Industrial 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 Shinil Industrial by adding Shinil Industrial to a well-diversified portfolio.
Shinil Industrial Valuation on November 26, 2024
It is possible to determine the worth of Shinil Industrial on a given historical date. On November 26, 2024 Shinil was worth 1443.81 at the beginning of the trading date compared to the closed value of 1436.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinil Industrial stock. Still, in general, we apply an absolute valuation method to find Shinil Industrial'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 Shinil Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinil Industrial's related companies.
Open | High | Low | Close | Volume | |
1,447 | 1,450 | 1,431 | 1,445 | 229,929 | |
11/26/2024 | 1,444 | 1,451 | 1,433 | 1,437 | 272,305 |
1,438 | 1,463 | 1,438 | 1,446 | 348,349 |
Backtest Shinil Industrial | | | Shinil Industrial History | Previous | Next |
Shinil Industrial Trading Date Momentum on November 26, 2024
On November 27 2024 Shinil Industrial Co was traded for 1,446 at the closing time. The highest price during the trading period was 1,463 and the lowest recorded bid was listed for 1,438 . The volume for the day was 348.3 K. This history from November 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.62% . The trading price change to the current price is 4.06% . |
About Shinil Industrial Stock history
Shinil Industrial 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 Shinil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shinil Industrial 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 Shinil Industrial stock prices may prove useful in developing a viable investing in Shinil Industrial
Shinil Industrial Stock Technical Analysis
Shinil Industrial 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
Shinil Industrial Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Shinil Industrial Co 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.
Shinil Industrial January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Shinil Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinil Industrial shares will generate the highest return on investment. By undertsting and applying Shinil Industrial stock market strength indicators, traders can identify Shinil Industrial Co entry and exit signals to maximize returns
Shinil Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinil Industrial's price direction in advance. Along with the technical and fundamental analysis of Shinil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinil 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 | (0.04) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (1.64) |
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Volume Indicators |
Complementary Tools for Shinil Stock analysis
When running Shinil Industrial's price analysis, check to measure Shinil Industrial'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 Shinil Industrial is operating at the current time. Most of Shinil Industrial's value examination focuses on studying past and present price action to predict the probability of Shinil Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinil Industrial's price. Additionally, you may evaluate how the addition of Shinil Industrial to your portfolios can decrease your overall portfolio volatility.
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