Sharp Corp Adr Stock Price on November 18, 2024
SHCAY Stock | USD 1.44 0.14 8.86% |
If you're considering investing in Sharp Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sharp Corp stands at 1.44, as last reported on the 30th of November, with the highest price reaching 1.44 and the lowest price hitting 1.44 during the day. Sharp Corp ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.019, which indicates the firm had a -0.019% return per unit of risk over the last 3 months. Sharp Corp ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sharp Corp's Coefficient Of Variation of (6,692), insignificant risk adjusted performance, and Variance of 29.02 to confirm the risk estimate we provide.
Sharp Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharp |
Sharpe Ratio = -0.019
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Estimated Market Risk
5.49 actual daily | 48 52% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sharp Corp 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 Sharp Corp by adding Sharp Corp to a well-diversified portfolio.
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Sharp Corp Valuation on November 18, 2024
It is possible to determine the worth of Sharp Corp on a given historical date. On November 18, 2024 Sharp was worth 1.44 at the beginning of the trading date compared to the closed value of 1.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sharp Corp pink sheet. Still, in general, we apply an absolute valuation method to find Sharp Corp'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 Sharp Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sharp Corp's related companies.
Open | High | Low | Close | Volume | |
1.52 | 1.55 | 1.43 | 1.54 | 7,700 | |
11/18/2024 | 1.44 | 1.54 | 1.44 | 1.54 | 19,600 |
1.62 | 1.62 | 1.40 | 1.50 | 21,200 |
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Sharp Corp Trading Date Momentum on November 18, 2024
On November 19 2024 Sharp Corp ADR was traded for 1.50 at the closing time. The highest daily price throughout the period was 1.62 and the lowest price was 1.40 . The daily volume was 21.2 K. The net trading volume on 11/19/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.60% . The trading price change to current closing price is 6.49% . |
Sharp Corp ADR Fundamentals Correlations and Trends
By evaluating Sharp Corp'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 Sharp Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sharp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sharp Corp Pink Sheet history
Sharp Corp 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 Sharp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sharp Corp 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 Sharp Corp stock prices may prove useful in developing a viable investing in Sharp Corp
Sharp Corporation manufactures and sells telecommunication equipment, electric and electronic application equipment, and electronic components in Japan, China, and internationally. Sharp Corporation was founded in 1912 and is headquartered in Sakai, Japan. Sharp Corp operates under Consumer Electronics classification in the United States and is traded on OTC Exchange. It employs 47941 people.
Sharp Corp Pink Sheet Technical Analysis
Sharp Corp technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sharp Corp Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Sharp Corp November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Sharp Corp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sharp Corp shares will generate the highest return on investment. By undertsting and applying Sharp Corp pink sheet market strength indicators, traders can identify Sharp Corp ADR entry and exit signals to maximize returns
Sharp Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sharp Corp's price direction in advance. Along with the technical and fundamental analysis of Sharp Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sharp 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) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.99) | |||
Treynor Ratio | (0.27) |
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Additional Tools for Sharp Pink Sheet Analysis
When running Sharp Corp's price analysis, check to measure Sharp Corp'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 Sharp Corp is operating at the current time. Most of Sharp Corp's value examination focuses on studying past and present price action to predict the probability of Sharp Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sharp Corp's price. Additionally, you may evaluate how the addition of Sharp Corp to your portfolios can decrease your overall portfolio volatility.