Shinil Electronics (Korea) Price on March 26, 2024
002700 Stock | 1,462 3.00 0.20% |
If you're considering investing in Shinil Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shinil Electronics stands at 1,462, as last reported on the 24th of November, with the highest price reaching 1,471 and the lowest price hitting 1,450 during the day. Shinil Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0172, which indicates the firm had a -0.0172% return per unit of risk over the last 3 months. Shinil Electronics Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinil Electronics' Variance of 1.15, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,797) to confirm the risk estimate we provide.
Shinil Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shinil |
Sharpe Ratio = -0.0172
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Estimated Market Risk
1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.02 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 Shinil Electronics 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 Shinil Electronics by adding Shinil Electronics to a well-diversified portfolio.
Shinil Electronics Valuation on March 26, 2024
It is possible to determine the worth of Shinil Electronics on a given historical date. On March 26, 2024 Shinil was worth 1871.0 at the beginning of the trading date compared to the closed value of 1866.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinil Electronics stock. Still, in general, we apply an absolute valuation method to find Shinil Electronics' 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 Shinil Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinil Electronics' related companies.
Open | High | Low | Close | Volume | |
1,845 | 1,870 | 1,844 | 1,867 | 600,832 | |
03/26/2024 | 1,871 | 1,874 | 1,854 | 1,866 | 345,909 |
1,867 | 1,869 | 1,859 | 1,865 | 173,456 |
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Shinil Electronics Trading Date Momentum on March 26, 2024
On March 27 2024 Shinil Electronics Co was traded for 1,865 at the closing time. The highest price during the trading period was 1,869 and the lowest recorded bid was listed for 1,859 . The volume for the day was 173.5 K. This history from March 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.05% . The trading price change to the current price is 0.80% . |
Shinil Electronics Fundamentals Correlations and Trends
By evaluating Shinil Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shinil Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shinil financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shinil Electronics Stock history
Shinil Electronics 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 Shinil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shinil Electronics 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 Shinil Electronics stock prices may prove useful in developing a viable investing in Shinil Electronics
Shinil Electronics Stock Technical Analysis
Shinil Electronics 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
Shinil Electronics Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Shinil Electronics Co cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock 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.
Shinil Electronics November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Shinil Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinil Electronics shares will generate the highest return on investment. By undertsting and applying Shinil Electronics stock market strength indicators, traders can identify Shinil Electronics Co entry and exit signals to maximize returns
Shinil Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinil Electronics' price direction in advance. Along with the technical and fundamental analysis of Shinil Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinil 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 | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.17) |
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Complementary Tools for Shinil Stock analysis
When running Shinil Electronics' price analysis, check to measure Shinil Electronics' 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 Shinil Electronics is operating at the current time. Most of Shinil Electronics' value examination focuses on studying past and present price action to predict the probability of Shinil Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinil Electronics' price. Additionally, you may evaluate how the addition of Shinil Electronics to your portfolios can decrease your overall portfolio volatility.
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