SHIN NIPPON (Germany) Price on December 3, 2024
| YB3 Stock | EUR 10.00 0.00 0.00% |
If you're considering investing in SHIN Stock, it is important to understand the factors that can impact its price. As of today, the current price of SHIN NIPPON stands at 10.00, as last reported on the 11th of December 2024, with the highest price reaching 10.00 and the lowest price hitting 10.00 during the day. SHIN NIPPON appears to be not too volatile, given 3 months investment horizon. SHIN NIPPON MIOMEDI owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the firm had a 0.33% return per unit of volatility over the last 3 months. We have found nineteen technical indicators for SHIN NIPPON MIOMEDI, which you can use to evaluate the volatility of the company. Please review SHIN NIPPON's risk adjusted performance of 0.2464, and Variance of 2.13 to confirm if our risk estimates are consistent with your expectations.
SHIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SHIN |
Sharpe Ratio = 0.3295
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Estimated Market Risk
| 1.47 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average SHIN NIPPON is performing at about 25% of its full potential. 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 NIPPON by adding it to a well-diversified portfolio.
SHIN NIPPON Valuation on December 3, 2024
It is possible to determine the worth of SHIN NIPPON on a given historical date. On December 3, 2024 SHIN was worth 10.0 at the beginning of the trading date compared to the closed value of 10.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SHIN NIPPON stock. Still, in general, we apply an absolute valuation method to find SHIN NIPPON'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 NIPPON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SHIN NIPPON's related companies.
| Open | High | Low | Close | Volume | |
| 10.00 | 10.00 | 10.00 | 10.00 | 1.00 | |
12/03/2024 | 10.00 | 10.00 | 10.00 | 10.00 | 1.00 |
| 10.00 | 10.00 | 10.00 | 10.00 | 1.00 |
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SHIN NIPPON Trading Date Momentum on December 3, 2024
| On December 04 2024 SHIN NIPPON MIOMEDI was traded for 10.00 at the closing time. The maximum traded price for the trading interval was 10.00 and the lowest daily price was 10.00 . There was no trading activity during the period 1.0. Lack of trading volume on 4th of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
SHIN NIPPON MIOMEDI Fundamentals Correlations and Trends
By evaluating SHIN NIPPON'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 NIPPON's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SHIN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SHIN NIPPON Stock history
SHIN NIPPON 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 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SHIN NIPPON MIOMEDI 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 NIPPON stock prices may prove useful in developing a viable investing in SHIN NIPPON
SHIN NIPPON Stock Technical Analysis
SHIN NIPPON 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
SHIN NIPPON Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
SHIN NIPPON MIOMEDI cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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 NIPPON December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how SHIN NIPPON stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SHIN NIPPON shares will generate the highest return on investment. By undertsting and applying SHIN NIPPON stock market strength indicators, traders can identify SHIN NIPPON MIOMEDI entry and exit signals to maximize returns
SHIN NIPPON Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SHIN NIPPON's price direction in advance. Along with the technical and fundamental analysis of SHIN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SHIN 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 | 0.2464 | |||
| Jensen Alpha | 0.4481 | |||
| Total Risk Alpha | 0.2465 | |||
| Treynor Ratio | 1.82 |
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Additional Tools for SHIN Stock Analysis
When running SHIN NIPPON's price analysis, check to measure SHIN NIPPON'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 NIPPON is operating at the current time. Most of SHIN NIPPON's value examination focuses on studying past and present price action to predict the probability of SHIN NIPPON'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 NIPPON's price. Additionally, you may evaluate how the addition of SHIN NIPPON to your portfolios can decrease your overall portfolio volatility.