Shin Zu (Taiwan) Price on November 25, 2024

3376 Stock  TWD 183.50  2.50  1.34%   
If you're considering investing in Shin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shin Zu stands at 183.50, as last reported on the 29th of November, with the highest price reaching 190.50 and the lowest price hitting 181.00 during the day. Shin Zu Shing owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0826, which indicates the firm had a -0.0826% return per unit of risk over the last 3 months. Shin Zu Shing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin Zu's Coefficient Of Variation of (1,197), variance of 8.84, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide.
  
Shin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0826

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Estimated Market Risk

 3.0
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.25
  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 Shin Zu 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 Shin Zu by adding Shin Zu to a well-diversified portfolio.

Shin Zu Valuation on November 25, 2024

It is possible to determine the worth of Shin Zu on a given historical date. On November 25, 2024 Shin was worth 197.0 at the beginning of the trading date compared to the closed value of 192.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shin Zu stock. Still, in general, we apply an absolute valuation method to find Shin Zu'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 Shin Zu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shin Zu's related companies.
 Open High Low Close Volume
  191.00    201.00    189.00    195.00    7,807,368  
11/25/2024
  197.00    199.00    192.50    192.50    2,847,530  
  192.00    196.00    191.00    191.00    2,506,835  
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Open Value
197.0
187.99
Downside
192.5
Closing Value
206.01
Upside

Shin Zu Trading Date Momentum on November 25, 2024

On November 26 2024 Shin Zu Shing was traded for  191.00  at the closing time. The highest price during the trading period was 196.00  and the lowest recorded bid was listed for  191.00 . The volume for the day was 2.5 M. This history from November 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.78% . The trading price change to the current price is 2.86% .

Shin Zu Shing Fundamentals Correlations and Trends

By evaluating Shin Zu'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 Shin Zu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shin financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shin Zu Stock history

Shin Zu 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 Shin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shin Zu Shing 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 Shin Zu stock prices may prove useful in developing a viable investing in Shin Zu
Shin Zu Shing Co., Ltd. manufactures and sells precision springs, stamped parts, and hinge assemblies in Taiwan. Shin Zu Shing Co., Ltd. was founded in 1965 and is headquartered in New Taipei City, Taiwan. SHIN ZU operates under Metal Fabrication classification in Taiwan and is traded on Taiwan Stock Exchange.

Shin Zu Stock Technical Analysis

Shin Zu 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.
A focus of Shin Zu technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shin Zu trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shin Zu Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shin Zu Shing cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.

Shin Zu November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Shin Zu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shin Zu shares will generate the highest return on investment. By undertsting and applying Shin Zu stock market strength indicators, traders can identify Shin Zu Shing entry and exit signals to maximize returns

Shin Zu Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shin Zu's price direction in advance. Along with the technical and fundamental analysis of Shin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shin 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.

Additional Tools for Shin Stock Analysis

When running Shin Zu's price analysis, check to measure Shin Zu'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 Shin Zu is operating at the current time. Most of Shin Zu's value examination focuses on studying past and present price action to predict the probability of Shin Zu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Zu's price. Additionally, you may evaluate how the addition of Shin Zu to your portfolios can decrease your overall portfolio volatility.