Shionogi (Germany) Price on May 20, 2024
SH0 Stock | EUR 12.50 0.20 1.57% |
If you're considering investing in Shionogi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shionogi stands at 12.50, as last reported on the 28th of November, with the highest price reaching 12.50 and the lowest price hitting 12.50 during the day. Shionogi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0404, which indicates the firm had a -0.0404% return per unit of risk over the last 3 months. Shionogi Co exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shionogi's Risk Adjusted Performance of (0.01), coefficient of variation of (5,651), and Variance of 9.18 to confirm the risk estimate we provide.
Shionogi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shionogi |
Sharpe Ratio = -0.0404
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SH0 |
Estimated Market Risk
3.07 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shionogi 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 Shionogi by adding Shionogi to a well-diversified portfolio.
Shionogi Valuation on May 20, 2024
It is possible to determine the worth of Shionogi on a given historical date. On May 20, 2024 Shionogi was worth 13.93 at the beginning of the trading date compared to the closed value of 13.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shionogi stock. Still, in general, we apply an absolute valuation method to find Shionogi'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 Shionogi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shionogi's related companies.
Open | High | Low | Close | Volume | |
13.80 | 13.80 | 13.80 | 13.80 | 1.00 | |
05/20/2024 | 13.93 | 13.93 | 13.93 | 13.93 | 1.00 |
13.60 | 13.60 | 13.53 | 13.53 | 1.00 |
Backtest Shionogi | | | Shionogi History | | | Shionogi Valuation | Previous | Next |
Shionogi Trading Date Momentum on May 20, 2024
On May 21 2024 Shionogi Co was traded for 13.53 at the closing time. The highest daily price throughout the period was 13.60 and the lowest price was 13.53 . There was no trading activity during the period 1.0. Lack of trading volume on 05/21/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.87% . The trading price change to current closing price is 3.80% . |
Shionogi Fundamentals Correlations and Trends
By evaluating Shionogi'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 Shionogi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shionogi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shionogi Stock history
Shionogi 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 Shionogi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shionogi 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 Shionogi stock prices may prove useful in developing a viable investing in Shionogi
Shionogi Co., Ltd. engages in the research, development, manufacture, and distribution of pharmaceuticals, diagnostic reagents, and medical devices in Japan and internationally. Shionogi Co., Ltd. was founded in 1878 and is headquartered in Osaka, Japan. Shionogi operates under Drug Manufacturers - Specialty Generic classification in Germany and is traded on Frankfurt Stock Exchange.
Shionogi Stock Technical Analysis
Shionogi 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
Shionogi Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Shionogi Co 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.
Shionogi November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Shionogi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shionogi shares will generate the highest return on investment. By undertsting and applying Shionogi stock market strength indicators, traders can identify Shionogi Co entry and exit signals to maximize returns
Shionogi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shionogi's price direction in advance. Along with the technical and fundamental analysis of Shionogi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shionogi 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 | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | 0.2472 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Shionogi Stock analysis
When running Shionogi's price analysis, check to measure Shionogi'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 Shionogi is operating at the current time. Most of Shionogi's value examination focuses on studying past and present price action to predict the probability of Shionogi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shionogi's price. Additionally, you may evaluate how the addition of Shionogi to your portfolios can decrease your overall portfolio volatility.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |