Shinsegae Food (Korea) Price on September 9, 2024
031440 Stock | 31,500 1,000.00 3.08% |
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 Food stands at 31,500, as last reported on the 2nd of December, with the highest price reaching 32,500 and the lowest price hitting 31,300 during the day. Shinsegae Food owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Shinsegae Food exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinsegae Food's Risk Adjusted Performance of (0.13), coefficient of variation of (591.62), and Variance of 1.45 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.
Shinsegae |
Sharpe Ratio = -0.1897
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Estimated Market Risk
1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shinsegae Food 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 Food by adding Shinsegae Food to a well-diversified portfolio.
Shinsegae Food Valuation on September 9, 2024
It is possible to determine the worth of Shinsegae Food on a given historical date. On September 9, 2024 Shinsegae was worth 35300.0 at the beginning of the trading date compared to the closed value of 35650.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinsegae Food stock. Still, in general, we apply an absolute valuation method to find Shinsegae Food'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 Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinsegae Food's related companies.
Open | High | Low | Close | Volume | |
36,450 | 36,450 | 35,200 | 35,650 | 2,865 | |
09/09/2024 | 35,300 | 35,800 | 34,950 | 35,650 | 2,625 |
36,250 | 36,250 | 35,400 | 35,650 | 590.00 |
Backtest Shinsegae Food | | | Shinsegae Food History | | | Shinsegae Food Valuation | Previous | Next |
Shinsegae Food Trading Date Momentum on September 9, 2024
On September 10 2024 Shinsegae Food was traded for 35,650 at the closing time. The highest price during the trading period was 36,250 and the lowest recorded bid was listed for 35,400 . The volume for the day was 590. This history from September 10, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.28% . |
Shinsegae Food Fundamentals Correlations and Trends
By evaluating Shinsegae Food'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 Shinsegae Food's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shinsegae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shinsegae Food Stock history
Shinsegae Food 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 Food 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 Food stock prices may prove useful in developing a viable investing in Shinsegae Food
Shinsegae Food Stock Technical Analysis
Shinsegae Food 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
Shinsegae Food Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Shinsegae Food cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock 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.
Shinsegae Food December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Shinsegae Food 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 Food shares will generate the highest return on investment. By undertsting and applying Shinsegae Food stock market strength indicators, traders can identify Shinsegae Food entry and exit signals to maximize returns
Shinsegae Food Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinsegae Food'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.
Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (1.10) |
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Volume Indicators |
Complementary Tools for Shinsegae Stock analysis
When running Shinsegae Food's price analysis, check to measure Shinsegae Food'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 Food is operating at the current time. Most of Shinsegae Food's value examination focuses on studying past and present price action to predict the probability of Shinsegae Food'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 Food's price. Additionally, you may evaluate how the addition of Shinsegae Food to your portfolios can decrease your overall portfolio volatility.
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