Shigan Quantum (India) Price on January 6, 2025
| SHIGAN-SM | 101.40 4.50 4.25% |
If you're considering investing in Shigan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shigan Quantum stands at 101.40, as last reported on the 22nd of January, with the highest price reaching 101.40 and the lowest price hitting 100.40 during the day. Shigan Quantum Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0572, which indicates the firm had a -0.0572 % return per unit of risk over the last 3 months. Shigan Quantum Tech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shigan Quantum's Variance of 12.63, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,747) to confirm the risk estimate we provide.
Shigan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shigan |
Sharpe Ratio = -0.0572
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Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shigan Quantum 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 Shigan Quantum by adding Shigan Quantum to a well-diversified portfolio.
Shigan Quantum Valuation on January 6, 2025
It is possible to determine the worth of Shigan Quantum on a given historical date. On January 6, 2025 Shigan was worth 119.0 at the beginning of the trading date compared to the closed value of 115.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shigan Quantum stock. Still, in general, we apply an absolute valuation method to find Shigan Quantum'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 Shigan Quantum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shigan Quantum's related companies.
| Open | High | Low | Close | Volume | |
| 119.00 | 119.00 | 119.00 | 119.00 | 1,500 | |
01/06/2025 | 119.00 | 119.00 | 110.10 | 115.00 | 6,000 |
| 115.00 | 115.00 | 110.00 | 110.75 | 13,500 |
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Shigan Quantum Trading Date Momentum on January 6, 2025
| On January 07 2025 Shigan Quantum Tech was traded for 110.75 at the closing time. The highest price during the trading period was 115.00 and the lowest recorded bid was listed for 110.00 . The volume for the day was 13.5 K. This history from January 7, 2025 contributed to the next trading day price decline. The trading price change to the next closing price was 3.70% . The trading price change to the current price is 9.91% . |
About Shigan Quantum Stock history
Shigan Quantum 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 Shigan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shigan Quantum Tech 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 Shigan Quantum stock prices may prove useful in developing a viable investing in Shigan Quantum
Shigan Quantum Stock Technical Analysis
Shigan Quantum 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
Shigan Quantum Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Shigan Quantum Tech cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Shigan Quantum January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Shigan Quantum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shigan Quantum shares will generate the highest return on investment. By undertsting and applying Shigan Quantum stock market strength indicators, traders can identify Shigan Quantum Tech entry and exit signals to maximize returns
Shigan Quantum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shigan Quantum's price direction in advance. Along with the technical and fundamental analysis of Shigan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shigan 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 | (0.20) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.4663 |
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| Volume Indicators |
Complementary Tools for Shigan Stock analysis
When running Shigan Quantum's price analysis, check to measure Shigan Quantum'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 Shigan Quantum is operating at the current time. Most of Shigan Quantum's value examination focuses on studying past and present price action to predict the probability of Shigan Quantum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shigan Quantum's price. Additionally, you may evaluate how the addition of Shigan Quantum to your portfolios can decrease your overall portfolio volatility.
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