Shoprite Holdings (Germany) Price on December 3, 2024
| HY7 Stock | EUR 15.90 0.10 0.63% |
If you're considering investing in Shoprite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shoprite Holdings stands at 15.90, as last reported on the 12th of December 2024, with the highest price reaching 15.90 and the lowest price hitting 15.90 during the day. Shoprite Holdings appears to be somewhat reliable, given 3 months investment horizon. Shoprite Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Shoprite Holdings' technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please review Shoprite Holdings' Coefficient Of Variation of 665.24, risk adjusted performance of 0.117, and Semi Deviation of 0.9164 to confirm if our risk estimates are consistent with your expectations.
Shoprite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shoprite |
Sharpe Ratio = 0.1464
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HY7 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.57 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Shoprite Holdings is performing at about 11% 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 Shoprite Holdings by adding it to a well-diversified portfolio.
Shoprite Holdings Valuation on December 3, 2024
It is possible to determine the worth of Shoprite Holdings on a given historical date. On December 3, 2024 Shoprite was worth 15.8 at the beginning of the trading date compared to the closed value of 15.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shoprite Holdings stock. Still, in general, we apply an absolute valuation method to find Shoprite Holdings' 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 Shoprite Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shoprite Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 15.30 | 15.30 | 15.30 | 15.30 | 1.00 | |
12/03/2024 | 15.80 | 15.80 | 15.80 | 15.80 | 1.00 |
| 16.00 | 16.00 | 16.00 | 16.00 | 1.00 |
| Backtest Shoprite Holdings | | | Shoprite Holdings History | | | Shoprite Holdings Valuation | Previous | Next |
Shoprite Holdings Trading Date Momentum on December 3, 2024
| On December 04 2024 Shoprite Holdings Limited was traded for 16.00 at the closing time. The highest daily price throughout the period was 16.00 and the lowest price was 16.00 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.27% . The trading price change to current closing price is 0.63% . |
Shoprite Holdings Fundamentals Correlations and Trends
By evaluating Shoprite Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shoprite Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shoprite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shoprite Holdings Stock history
Shoprite Holdings 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 Shoprite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shoprite Holdings 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 Shoprite Holdings stock prices may prove useful in developing a viable investing in Shoprite Holdings
Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa. SHOPRITE HLD operates under Department Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 147478 people.
Shoprite Holdings Stock Technical Analysis
Shoprite Holdings 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
Shoprite Holdings Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shoprite Holdings Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Shoprite Holdings December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shoprite Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shoprite Holdings shares will generate the highest return on investment. By undertsting and applying Shoprite Holdings stock market strength indicators, traders can identify Shoprite Holdings Limited entry and exit signals to maximize returns
Shoprite Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shoprite Holdings' price direction in advance. Along with the technical and fundamental analysis of Shoprite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shoprite 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 | 0.117 | |||
| Jensen Alpha | 0.6228 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.312 | |||
| Treynor Ratio | 1.63 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shoprite Stock analysis
When running Shoprite Holdings' price analysis, check to measure Shoprite Holdings' 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 Shoprite Holdings is operating at the current time. Most of Shoprite Holdings' value examination focuses on studying past and present price action to predict the probability of Shoprite Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoprite Holdings' price. Additionally, you may evaluate how the addition of Shoprite Holdings to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Global Correlations Find global opportunities by holding instruments from different markets |