Shinhan SOL (Korea) Price on December 3, 2024
| 292500 Etf | 15,405 110.00 0.72% |
If you're considering investing in Shinhan Etf, it is important to understand the factors that can impact its price. As of today, the current price of Shinhan SOL stands at 15,405, as last reported on the 11th of December 2024, with the highest price reaching 15,410 and the lowest price hitting 15,405 during the day. Shinhan SOL KRX300 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.083, which indicates the etf had a -0.083% return per unit of risk over the last 3 months. Shinhan SOL KRX300 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinhan SOL's Variance of 1.49, coefficient of variation of (690.78), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
Shinhan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Shinhan |
Sharpe Ratio = -0.083
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 292500 |
Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shinhan SOL 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 Shinhan SOL by adding Shinhan SOL to a well-diversified portfolio.
Shinhan SOL Valuation on December 3, 2024
It is possible to determine the worth of Shinhan SOL on a given historical date. On December 3, 2024 Shinhan was worth 15710.0 at the beginning of the trading date compared to the closed value of 15710.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinhan SOL etf. Still, in general, we apply an absolute valuation method to find Shinhan SOL'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 Shinhan SOL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinhan SOL's related companies.
| Open | High | Low | Close | Volume | |
| 15,725 | 15,725 | 15,640 | 15,650 | 4.00 | |
12/03/2024 | 15,710 | 15,710 | 15,710 | 15,710 | 13.00 |
| 15,660 | 15,660 | 15,660 | 15,660 | 2.00 |
| Backtest Shinhan SOL | | | Shinhan SOL History | Previous | Next |
Shinhan SOL Trading Date Momentum on December 3, 2024
| On December 04 2024 Shinhan SOL KRX300 was traded for 15,660 at the closing time. The highest price during the trading period was 15,660 and the lowest recorded bid was listed for 15,660 . There was no trading activity during the period 2.0. Lack of trading volume on December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The trading price change to the current price is 1.91% . |
Price Boundaries
Shinhan SOL Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shinhan SOL KRX300 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.
Shinhan SOL December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shinhan SOL etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinhan SOL shares will generate the highest return on investment. By undertsting and applying Shinhan SOL etf market strength indicators, traders can identify Shinhan SOL KRX300 entry and exit signals to maximize returns
Shinhan SOL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinhan SOL's price direction in advance. Along with the technical and fundamental analysis of Shinhan Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinhan 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.