SHOPRITE HDGS (Germany) Price on November 4, 2024
| HY7A Stock | EUR 15.00 0.10 0.66% |
If you're considering investing in SHOPRITE Stock, it is important to understand the factors that can impact its price. As of today, the current price of SHOPRITE HDGS stands at 15.00, as last reported on the 22nd of December, with the highest price reaching 15.00 and the lowest price hitting 15.00 during the day. At this point, SHOPRITE HDGS is not too volatile. SHOPRITE HDGS ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0281, which indicates the firm had a 0.0281% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for SHOPRITE HDGS ADR, which you can use to evaluate the volatility of the company. Please validate SHOPRITE HDGS's risk adjusted performance of 0.0324, and Coefficient Of Variation of 2976.85 to confirm if the risk estimate we provide is consistent with the expected return of 0.0533%.
SHOPRITE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SHOPRITE |
Sharpe Ratio = 0.0281
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average SHOPRITE HDGS is performing at about 2% of its full potential. 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 SHOPRITE HDGS by adding it to a well-diversified portfolio.
SHOPRITE HDGS Valuation on November 4, 2024
It is possible to determine the worth of SHOPRITE HDGS on a given historical date. On November 4, 2024 SHOPRITE was worth 15.2 at the beginning of the trading date compared to the closed value of 15.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SHOPRITE HDGS stock. Still, in general, we apply an absolute valuation method to find SHOPRITE HDGS'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 SHOPRITE HDGS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SHOPRITE HDGS's related companies.
| Open | High | Low | Close | Volume | |
| 15.10 | 15.10 | 15.10 | 15.10 | 60.00 | |
11/04/2024 | 15.20 | 15.20 | 15.20 | 15.20 | 1.00 |
| 15.20 | 15.70 | 15.20 | 15.70 | 1.00 |
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SHOPRITE HDGS Trading Date Momentum on November 4, 2024
| On November 05 2024 SHOPRITE HDGS ADR was traded for 15.70 at the closing time. The maximum traded price for the trading interval was 15.70 and the lowest daily price was 15.20 . There was no trading activity during the period 1.0. Lack of trading volume on 5th of November 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 3.29% . The trading price change to the closing price today is 0.66% . |
SHOPRITE HDGS ADR Fundamentals Correlations and Trends
By evaluating SHOPRITE HDGS'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 SHOPRITE HDGS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SHOPRITE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SHOPRITE HDGS Stock history
SHOPRITE HDGS 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 SHOPRITE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SHOPRITE HDGS ADR 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 SHOPRITE HDGS stock prices may prove useful in developing a viable investing in SHOPRITE HDGS
Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business in South Africa and other African countries. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa. SHOPRITE HDGS operates under Department Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 140000 people.
SHOPRITE HDGS Stock Technical Analysis
SHOPRITE HDGS 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
SHOPRITE HDGS Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
SHOPRITE HDGS ADR 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.
SHOPRITE HDGS December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how SHOPRITE HDGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SHOPRITE HDGS shares will generate the highest return on investment. By undertsting and applying SHOPRITE HDGS stock market strength indicators, traders can identify SHOPRITE HDGS ADR entry and exit signals to maximize returns
SHOPRITE HDGS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SHOPRITE HDGS's price direction in advance. Along with the technical and fundamental analysis of SHOPRITE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SHOPRITE 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 | 0.0324 | |||
| Jensen Alpha | 0.048 | |||
| Total Risk Alpha | 6.0E-4 | |||
| Sortino Ratio | 0.0177 | |||
| Treynor Ratio | 0.212 |
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Complementary Tools for SHOPRITE Stock analysis
When running SHOPRITE HDGS's price analysis, check to measure SHOPRITE HDGS'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 SHOPRITE HDGS is operating at the current time. Most of SHOPRITE HDGS's value examination focuses on studying past and present price action to predict the probability of SHOPRITE HDGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHOPRITE HDGS's price. Additionally, you may evaluate how the addition of SHOPRITE HDGS to your portfolios can decrease your overall portfolio volatility.
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