Shimano Inc Adr Stock Price on March 30, 2023
SMNNY Stock | USD 13.87 0.21 1.54% |
If you're considering investing in Shimano Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shimano stands at 13.87, as last reported on the 29th of November, with the highest price reaching 13.90 and the lowest price hitting 13.85 during the day. Shimano Inc ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25% return per unit of risk over the last 3 months. Shimano Inc ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shimano's Risk Adjusted Performance of (0.22), coefficient of variation of (337.78), and Variance of 2.97 to confirm the risk estimate we provide.
Shimano Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Shimano |
Sharpe Ratio = -0.2513
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Estimated Market Risk
1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shimano 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 by adding Shimano to a well-diversified portfolio.
Shimano Valuation on March 30, 2023
It is possible to determine the worth of Shimano on a given historical date. On March 30, 2023 Shimano was worth 17.04 at the beginning of the trading date compared to the closed value of 17.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shimano pink sheet. Still, in general, we apply an absolute valuation method to find Shimano'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shimano's related companies.
Open | High | Low | Close | Volume | |
16.97 | 17.01 | 16.93 | 17.01 | 41,700 | |
03/30/2023 | 17.04 | 17.15 | 16.91 | 17.11 | 68,700 |
17.30 | 17.45 | 16.90 | 17.30 | 45,500 |
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Shimano Trading Date Momentum on March 30, 2023
On March 31 2023 Shimano Inc ADR was traded for 17.30 at the closing time. The highest daily price throughout the period was 17.45 and the lowest price was 16.90 . The daily volume was 45.5 K. The net trading volume on 03/31/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 1.11% . The trading price change to current closing price is 0.70% . |
Shimano Inc ADR Fundamentals Correlations and Trends
By evaluating Shimano'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'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 Pink Sheet history
Shimano 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 ADR 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 stock prices may prove useful in developing a viable investing in Shimano
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 operates under Leisure classification in the United States and is traded on OTC Exchange. It employs 13179 people.
Shimano Pink Sheet Technical Analysis
Shimano 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
Shimano Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
Shimano Inc ADR 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.
Shimano November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shimano 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 Shimano shares will generate the highest return on investment. By undertsting and applying Shimano pink sheet market strength indicators, traders can identify Shimano Inc ADR entry and exit signals to maximize returns
Shimano Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shimano's price direction in advance. Along with the technical and fundamental analysis of Shimano Pink Sheet 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 | (0.22) | |||
Jensen Alpha | (0.56) | |||
Total Risk Alpha | (0.78) | |||
Treynor Ratio | (1.36) |
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Additional Tools for Shimano Pink Sheet Analysis
When running Shimano's price analysis, check to measure Shimano'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 is operating at the current time. Most of Shimano's value examination focuses on studying past and present price action to predict the probability of Shimano'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's price. Additionally, you may evaluate how the addition of Shimano to your portfolios can decrease your overall portfolio volatility.