Shin Etsu (Germany) Price on December 23, 2024
SEH Stock | EUR 30.58 1.22 3.84% |
If you're considering investing in Shin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shin Etsu stands at 30.58, as last reported on the 23rd of December, with the highest price reaching 30.58 and the lowest price hitting 30.58 during the day. Shin Etsu Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% 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's Risk Adjusted Performance of (0.1), coefficient of variation of (760.74), and Variance of 3.49 to confirm the risk estimate we provide.
Shin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shin |
Sharpe Ratio = -0.152
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Estimated Market Risk
1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shin Etsu 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 by adding Shin Etsu to a well-diversified portfolio.
Shin Etsu Valuation on December 23, 2024
It is possible to determine the worth of Shin Etsu on a given historical date. On December 23, 2024 Shin was worth 30.58 at the beginning of the trading date compared to the closed value of 30.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shin Etsu stock. Still, in general, we apply an absolute valuation method to find Shin Etsu'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shin Etsu's related companies.
Open | High | Low | Close | Volume | |
30.58 | 30.58 | 30.58 | 30.58 | 115.00 | |
12/23/2024 | 30.58 | 30.58 | 30.58 | 30.58 | 0.00 |
Backtest Shin Etsu | | | Shin Etsu History | | | Shin Etsu Valuation | Previous |
Shin Etsu Trading Date Momentum on December 23, 2024
On December 23 2024 Shin Etsu Chemical Co was traded for 30.58 at the closing time. The highest daily price throughout the period was 30.58 and the lowest price was 30.58 . There was no trading activity during the period 0.0. Lack of trading volume on 12/23/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Shin Etsu Chemical Fundamentals Correlations and Trends
By evaluating Shin Etsu'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's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shin Etsu Stock history
Shin Etsu 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 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 stock prices may prove useful in developing a viable investing in Shin Etsu
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 Stock Technical Analysis
Shin Etsu 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
Shin Etsu Period Price Range
Low | December 23, 2024
| 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 December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shin Etsu 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 shares will generate the highest return on investment. By undertsting and applying Shin Etsu stock market strength indicators, traders can identify Shin Etsu Chemical Co entry and exit signals to maximize returns
Shin Etsu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shin Etsu's price direction in advance. Along with the technical and fundamental analysis of Shin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shin 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 | (0.1) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.55) |
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Complementary Tools for Shin Stock analysis
When running Shin Etsu's price analysis, check to measure Shin Etsu'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 is operating at the current time. Most of Shin Etsu's value examination focuses on studying past and present price action to predict the probability of Shin Etsu'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's price. Additionally, you may evaluate how the addition of Shin Etsu to your portfolios can decrease your overall portfolio volatility.
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