Shoprite Holdings (South Africa) Price on November 4, 2024

Shoprite Holdings Valuation on November 4, 2024

Shoprite Holdings Trading Date Momentum on November 4, 2024

On November 05 2024 Shoprite Holdings was traded for  30,946  at the closing time. The highest price during the trading period was 30,946  and the lowest recorded bid was listed for  30,255 . The volume for the day was 1.5 M. This history from November 5, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 2.05% . The trading price change to the current price is 1.47% .

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.

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 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.

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 entry and exit signals to maximize returns

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.

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.