Shin Etsu Chemical Co Stock Price on October 30, 2024
SHECY Stock | USD 18.14 0.18 0.98% |
If you're considering investing in Shin-Etsu Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shin-Etsu Chemical stands at 18.14, as last reported on the 29th of November, with the highest price reaching 18.79 and the lowest price hitting 18.10 during the day. Shin Etsu Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Shin Etsu Chemical Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin-Etsu Chemical's Coefficient Of Variation of (577.11), risk adjusted performance of (0.13), and Variance of 2.58 to confirm the risk estimate we provide.
Shin-Etsu Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Shin-Etsu |
Sharpe Ratio = -0.1427
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Estimated Market Risk
1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.22 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 Shin-Etsu Chemical 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-Etsu Chemical by adding Shin-Etsu Chemical to a well-diversified portfolio.
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Shin-Etsu Chemical Valuation on October 30, 2024
It is possible to determine the worth of Shin-Etsu Chemical on a given historical date. On October 30, 2024 Shin-Etsu was worth 18.3 at the beginning of the trading date compared to the closed value of 18.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shin-Etsu Chemical pink sheet. Still, in general, we apply an absolute valuation method to find Shin-Etsu Chemical'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-Etsu Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shin-Etsu Chemical's related companies.
Open | High | Low | Close | Volume | |
17.62 | 18.44 | 17.62 | 18.36 | 211,100 | |
10/30/2024 | 18.30 | 19.01 | 18.30 | 18.40 | 152,900 |
18.63 | 18.63 | 18.31 | 18.42 | 73,350 |
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Shin-Etsu Chemical Trading Date Momentum on October 30, 2024
On October 31 2024 Shin Etsu Chemical Co was traded for 18.42 at the closing time. The highest daily price throughout the period was 18.63 and the lowest price was 18.31 . The daily volume was 73.3 K. The net trading volume on 10/31/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 0.60% . |
Shin Etsu Chemical Fundamentals Correlations and Trends
By evaluating Shin-Etsu Chemical'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-Etsu Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shin-Etsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shin-Etsu Chemical Pink Sheet history
Shin-Etsu Chemical 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-Etsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shin Etsu Chemical 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-Etsu Chemical stock prices may prove useful in developing a viable investing in Shin-Etsu Chemical
Shin-Etsu Chemical Co., Ltd. engages in the polyvinyl chloride chlor-alkali, semiconductor silicon, silicones, electronics and functional materials, specialty chemicals, processing, and trading and specialized businesses worldwide. The company was incorporated in 1926 and is headquartered in Tokyo, Japan. Shin-Etsu Chemical is traded on OTC Exchange in the United States.
Shin-Etsu Chemical Pink Sheet Technical Analysis
Shin-Etsu Chemical technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Shin-Etsu Chemical Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
Shin Etsu Chemical Co cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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-Etsu Chemical November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shin-Etsu Chemical pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shin-Etsu Chemical shares will generate the highest return on investment. By undertsting and applying Shin-Etsu Chemical pink sheet market strength indicators, traders can identify Shin Etsu Chemical Co entry and exit signals to maximize returns
Shin-Etsu Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shin-Etsu Chemical's price direction in advance. Along with the technical and fundamental analysis of Shin-Etsu Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shin-Etsu 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 | (0.13) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | (0.33) |
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Additional Tools for Shin-Etsu Pink Sheet Analysis
When running Shin-Etsu Chemical's price analysis, check to measure Shin-Etsu Chemical'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-Etsu Chemical is operating at the current time. Most of Shin-Etsu Chemical's value examination focuses on studying past and present price action to predict the probability of Shin-Etsu Chemical'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-Etsu Chemical's price. Additionally, you may evaluate how the addition of Shin-Etsu Chemical to your portfolios can decrease your overall portfolio volatility.