Shinsegae Engineering (Korea) Price on November 26, 2024
| 034300 Stock | 18,020 20.00 0.11% |
If you're considering investing in Shinsegae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shinsegae Engineering stands at 18,020, as last reported on the 27th of November, with the highest price reaching 18,050 and the lowest price hitting 18,020 during the day. Shinsegae Engineering appears to be very steady, given 3 months investment horizon. Shinsegae Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26% return per unit of risk over the last 3 months. By inspecting Shinsegae Engineering's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Shinsegae Engineering's Risk Adjusted Performance of 0.1599, semi deviation of 0.6699, and Coefficient Of Variation of 498.96 to confirm if our risk estimates are consistent with your expectations.
Shinsegae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shinsegae |
Sharpe Ratio = 0.2614
| Best Portfolio | Best Equity | |||
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| Small Returns | 034300 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Shinsegae Engineering is performing at about 20% of its full potential. 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 Shinsegae Engineering by adding it to a well-diversified portfolio.
Shinsegae Engineering Valuation on November 26, 2024
It is possible to determine the worth of Shinsegae Engineering on a given historical date. On November 26, 2024 Shinsegae was worth 18040.0 at the beginning of the trading date compared to the closed value of 18020.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinsegae Engineering stock. Still, in general, we apply an absolute valuation method to find Shinsegae Engineering'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 Shinsegae Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinsegae Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 18,030 | 18,120 | 18,020 | 18,020 | 695.00 | |
11/27/2024 | 18,040 | 18,050 | 18,020 | 18,020 | 0.00 |
| Backtest Shinsegae Engineering | | | Shinsegae Engineering History | | | Shinsegae Engineering Valuation | Previous |
Shinsegae Engineering Trading Date Momentum on November 26, 2024
| On November 27 2024 Shinsegae Engineering Construction was traded for 18,020 at the closing time. The highest price during the trading period was 18,050 and the lowest recorded bid was listed for 18,020 . There was no trading activity during the period 0.0. Lack of trading volume on November 27, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.11% . |
About Shinsegae Engineering Stock history
Shinsegae Engineering 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 Shinsegae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shinsegae Engineering 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 Shinsegae Engineering stock prices may prove useful in developing a viable investing in Shinsegae Engineering
Shinsegae Engineering Stock Technical Analysis
Shinsegae Engineering 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
Shinsegae Engineering Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Shinsegae Engineering Construction cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. 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.
Shinsegae Engineering November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Shinsegae Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinsegae Engineering shares will generate the highest return on investment. By undertsting and applying Shinsegae Engineering stock market strength indicators, traders can identify Shinsegae Engineering Construction entry and exit signals to maximize returns
Shinsegae Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinsegae Engineering's price direction in advance. Along with the technical and fundamental analysis of Shinsegae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinsegae 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 | 0.1599 | |||
| Jensen Alpha | 0.4371 | |||
| Total Risk Alpha | 0.0963 | |||
| Sortino Ratio | 0.2351 | |||
| Treynor Ratio | 2.27 |
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Complementary Tools for Shinsegae Stock analysis
When running Shinsegae Engineering's price analysis, check to measure Shinsegae Engineering'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 Shinsegae Engineering is operating at the current time. Most of Shinsegae Engineering's value examination focuses on studying past and present price action to predict the probability of Shinsegae Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinsegae Engineering's price. Additionally, you may evaluate how the addition of Shinsegae Engineering to your portfolios can decrease your overall portfolio volatility.
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