Shoprite Holdings Limited Price on July 8, 2024
SRHGFDelisted Stock | USD 16.33 0.00 0.00% |
If you're considering investing in Shoprite Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shoprite Holdings stands at 16.33, as last reported on the 30th of December, with the highest price reaching 16.33 and the lowest price hitting 16.33 during the day. We have found sixteen technical indicators for Shoprite Holdings Limited, which you can use to evaluate the volatility of the company. Please validate Shoprite Holdings' Coefficient Of Variation of 1193.71, variance of 0.7138, and Risk Adjusted Performance of 0.0673 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Shoprite Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Shoprite |
Sharpe Ratio = 0.0
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Based on monthly moving average Shoprite Holdings 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 Shoprite Holdings by adding Shoprite Holdings to a well-diversified portfolio.
Shoprite Holdings Valuation on July 8, 2024
It is possible to determine the worth of Shoprite Holdings on a given historical date. On July 8, 2024 Shoprite was worth 15.62 at the beginning of the trading date compared to the closed value of 15.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shoprite Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Shoprite Holdings' 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 Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shoprite Holdings' related companies.
Open | High | Low | Close | Volume | |
15.62 | 15.62 | 15.62 | 15.62 | 1.00 | |
07/08/2024 | 15.62 | 15.62 | 15.62 | 15.62 | 1.00 |
15.62 | 15.62 | 15.62 | 15.62 | 1.00 |
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Shoprite Holdings Trading Date Momentum on July 8, 2024
On July 09 2024 Shoprite Holdings Limited was traded for 15.62 at the closing time. The highest daily price throughout the period was 15.62 and the lowest price was 15.62 . There was no trading activity during the period 1.0. Lack of trading volume on 07/09/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Shoprite Holdings Fundamentals Correlations and Trends
By evaluating Shoprite Holdings' 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 Holdings' 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 Holdings Pink Sheet history
Shoprite Holdings 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 Holdings 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 Holdings stock prices may prove useful in developing a viable investing in Shoprite Holdings
Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing and wholesaling business in South Africa and internationally. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa. Shoprite Holdings is traded on OTC Exchange in the United States.
Shoprite Holdings Pink Sheet Technical Analysis
Shoprite Holdings 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
Shoprite Holdings Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Shoprite Holdings Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Holdings December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Shoprite Holdings 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 Shoprite Holdings shares will generate the highest return on investment. By undertsting and applying Shoprite Holdings pink sheet market strength indicators, traders can identify Shoprite Holdings Limited entry and exit signals to maximize returns
Shoprite Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shoprite Holdings' price direction in advance. Along with the technical and fundamental analysis of Shoprite Pink Sheet 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 | 0.0673 | |||
Jensen Alpha | 0.0633 | |||
Total Risk Alpha | 0.0373 | |||
Treynor Ratio | (0.54) |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Shoprite Pink Sheet
If you are still planning to invest in Shoprite Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shoprite Holdings' history and understand the potential risks before investing.
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