Shinhan Inverse (Korea) Price on November 1, 2024
| 500012 Etf | 8,665 35.00 0.41% |
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 Inverse stands at 8,665, as last reported on the 23rd of January, with the highest price reaching 8,670 and the lowest price hitting 8,635 during the day. Shinhan Inverse Dollar owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the etf had a -0.14 % return per unit of risk over the last 3 months. Shinhan Inverse Dollar exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shinhan Inverse's Coefficient Of Variation of (452.05), risk adjusted performance of (0.20), and Variance of 0.1623 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 = -0.1421
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 500012 |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shinhan Inverse 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 Inverse by adding Shinhan Inverse to a well-diversified portfolio.
Shinhan Inverse Valuation on November 1, 2024
It is possible to determine the worth of Shinhan Inverse on a given historical date. On November 1, 2024 Shinhan was worth 8970.0 at the beginning of the trading date compared to the closed value of 8970.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shinhan Inverse etf. Still, in general, we apply an absolute valuation method to find Shinhan Inverse'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 Inverse where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shinhan Inverse's related companies.
| Open | High | Low | Close | Volume | |
| 8,930 | 8,930 | 8,915 | 8,930 | 4.00 | |
11/01/2024 | 8,970 | 8,970 | 8,970 | 8,970 | 1.00 |
| 8,970 | 8,970 | 8,950 | 8,955 | 59.00 |
| Backtest Shinhan Inverse | | | Shinhan Inverse History | Previous | Next |
Shinhan Inverse Trading Date Momentum on November 1, 2024
| On November 04 2024 Shinhan Inverse Dollar was traded for 8,955 at the closing time. The highest price during the trading period was 8,970 and the lowest recorded bid was listed for 8,950 . The volume for the day was 59.0. This history from November 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.17% . The trading price change to the current price is 1.51% . |
Price Boundaries
Shinhan Inverse Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Shinhan Inverse Dollar 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 Inverse January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Shinhan Inverse 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 Inverse shares will generate the highest return on investment. By undertsting and applying Shinhan Inverse etf market strength indicators, traders can identify Shinhan Inverse Dollar entry and exit signals to maximize returns
Shinhan Inverse Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shinhan Inverse'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.