SHIMANO INC (Germany) Price on September 13, 2024
| SHM1 Stock | EUR 12.80 0.10 0.79% |
If you're considering investing in SHIMANO Stock, it is important to understand the factors that can impact its price. As of today, the current price of SHIMANO INC stands at 12.80, as last reported on the 1st of December, with the highest price reaching 12.80 and the lowest price hitting 12.80 during the day. SHIMANO INC UNSPADR10 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of volatility over the last 3 months. SHIMANO INC UNSPADR10 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHIMANO INC's risk adjusted performance of (0.09), and Variance of 7.51 to confirm the risk estimate we provide.
SHIMANO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SHIMANO |
Sharpe Ratio = -0.1082
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Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SHIMANO INC 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 SHIMANO INC by adding SHIMANO INC to a well-diversified portfolio.
SHIMANO INC Valuation on September 13, 2024
It is possible to determine the worth of SHIMANO INC on a given historical date. On September 13, 2024 SHIMANO 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 SHIMANO INC stock. Still, in general, we apply an absolute valuation method to find SHIMANO INC'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 SHIMANO INC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SHIMANO INC's related companies.
| Open | High | Low | Close | Volume | |
| 15.50 | 15.50 | 15.50 | 15.50 | 14.00 | |
09/13/2024 | 15.80 | 15.80 | 15.80 | 15.80 | 14.00 |
| 15.80 | 16.70 | 15.80 | 16.70 | 1.00 |
| Backtest SHIMANO INC | | | SHIMANO INC History | | | SHIMANO INC Valuation | Previous | Next |
SHIMANO INC Trading Date Momentum on September 13, 2024
| On September 16 2024 SHIMANO INC UNSPADR10 was traded for 16.70 at the closing time. The maximum traded price for the trading interval was 16.70 and the lowest daily price was 15.80 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of September 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 5.70% . The trading price change to the closing price today is 0.63% . |
SHIMANO INC UNSPADR10 Fundamentals Correlations and Trends
By evaluating SHIMANO INC'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 SHIMANO INC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SHIMANO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SHIMANO INC Stock history
SHIMANO INC 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 SHIMANO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SHIMANO INC UNSPADR10 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 SHIMANO INC stock prices may prove useful in developing a viable investing in SHIMANO INC
Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company was founded in 1921 and is headquartered in Sakai, Japan. SHIMANO INC operates under Leisure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12244 people.
SHIMANO INC Stock Technical Analysis
SHIMANO INC 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
SHIMANO INC Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
SHIMANO INC UNSPADR10 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.
SHIMANO INC December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how SHIMANO INC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SHIMANO INC shares will generate the highest return on investment. By undertsting and applying SHIMANO INC stock market strength indicators, traders can identify SHIMANO INC UNSPADR10 entry and exit signals to maximize returns
SHIMANO INC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SHIMANO INC's price direction in advance. Along with the technical and fundamental analysis of SHIMANO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SHIMANO 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 | (0.09) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (1.95) |
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Complementary Tools for SHIMANO Stock analysis
When running SHIMANO INC's price analysis, check to measure SHIMANO INC'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 SHIMANO INC is operating at the current time. Most of SHIMANO INC's value examination focuses on studying past and present price action to predict the probability of SHIMANO INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHIMANO INC's price. Additionally, you may evaluate how the addition of SHIMANO INC to your portfolios can decrease your overall portfolio volatility.
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