Shimano (Germany) Price on April 10, 2024
SHM Stock | EUR 131.90 1.00 0.75% |
If you're considering investing in Shimano Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shimano stands at 131.90, as last reported on the 12th of December 2024, with the highest price reaching 132.90 and the lowest price hitting 131.90 during the day. Shimano owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Shimano exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shimano's Coefficient Of Variation of (643.52), variance of 3.32, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
Shimano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shimano |
Sharpe Ratio = -0.168
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Estimated Market Risk
1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shimano 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 Shimano by adding Shimano to a well-diversified portfolio.
Shimano Valuation on April 10, 2024
It is possible to determine the worth of Shimano on a given historical date. On April 10, 2024 Shimano was worth 135.5 at the beginning of the trading date compared to the closed value of 135.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shimano stock. Still, in general, we apply an absolute valuation method to find Shimano'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 Shimano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shimano's related companies.
Open | High | Low | Close | Volume | |
135.50 | 136.90 | 135.00 | 136.90 | 38.00 | |
04/10/2024 | 135.50 | 135.50 | 135.50 | 135.50 | 38.00 |
141.80 | 142.60 | 139.90 | 142.20 | 785.00 |
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Shimano Trading Date Momentum on April 10, 2024
On April 11 2024 Shimano was traded for 142.20 at the closing time. The highest daily price throughout the period was 142.60 and the lowest price was 139.90 . The daily volume was 785. The net trading volume on 04/11/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 4.94% . The trading price change to current closing price is 5.61% . |
Shimano Fundamentals Correlations and Trends
By evaluating Shimano'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 Shimano's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shimano financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shimano Stock history
Shimano 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 Shimano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shimano 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 Shimano stock prices may prove useful in developing a viable investing in Shimano
Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company was founded in 1921 and is headquartered in Sakai, Japan. SHIMANO INC operates under Leisure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12244 people.
Shimano Stock Technical Analysis
Shimano 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
Shimano Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shimano 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.
Shimano December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shimano stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shimano shares will generate the highest return on investment. By undertsting and applying Shimano stock market strength indicators, traders can identify Shimano entry and exit signals to maximize returns
Shimano Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shimano's price direction in advance. Along with the technical and fundamental analysis of Shimano Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shimano 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 | (0.11) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (2.46) |
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Volume Indicators |
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When running Shimano's price analysis, check to measure Shimano'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 Shimano is operating at the current time. Most of Shimano's value examination focuses on studying past and present price action to predict the probability of Shimano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shimano's price. Additionally, you may evaluate how the addition of Shimano to your portfolios can decrease your overall portfolio volatility.
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