Shinhan Gold (Korea) Price History

500016 Etf   20,570  70.00  0.34%   
If you're considering investing in Shinhan Etf, it is important to understand the factors that can impact its price. As of today, the current price of Shinhan Gold stands at 20,570, as last reported on the 2nd of February, with the highest price reaching 20,645 and the lowest price hitting 20,560 during the day. At this point, Shinhan Gold is very steady. Shinhan Gold Futures owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0481, which indicates the etf had a 0.0481 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shinhan Gold Futures, which you can use to evaluate the volatility of the etf. Please validate Shinhan Gold's Risk Adjusted Performance of 0.0409, coefficient of variation of 2112.39, and Semi Deviation of 1.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.0463%.
  
Shinhan Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0481

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Negative Returns500016

Estimated Market Risk

 0.96
  actual daily
8
92% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Shinhan Gold is performing at about 3% 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 Shinhan Gold by adding it to a well-diversified portfolio.

Shinhan Gold Etf Price History Chart

There are several ways to analyze Shinhan Gold Futures Etf price data. The simplest method is using a basic Shinhan candlestick price chart, which shows Shinhan Gold price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 31, 202520570.0
Lowest PriceNovember 14, 202418715.0

Shinhan Gold February 2, 2025 Etf Price Synopsis

Various analyses of Shinhan Gold's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shinhan Etf. It can be used to describe the percentage change in the price of Shinhan Gold from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Shinhan Etf.
Shinhan Gold Price Daily Balance Of Power(0.82)
Shinhan Gold Price Action Indicator(67.50)
Shinhan Gold Price Rate Of Daily Change 1.00 

Shinhan Gold February 2, 2025 Etf Price Analysis

When benchmark price declines in a down market, there may be an uptick in Shinhan Gold Futures Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Shinhan Gold intraday prices and daily technical indicators to check the level of noise trading in Shinhan Gold Futures Etf and then apply it to test your longer-term investment strategies against Shinhan.

Shinhan Etf Price History Data

OpenHighLowCloseVolume
02/02/2025
 20,640  20,645  20,560  20,570 
01/31/2025 20,640  20,645  20,560  20,570  1,884 
01/24/2025 20,140  20,310  20,140  20,310  122,844 
01/23/2025 20,145  20,165  20,120  20,150  1,068 
01/22/2025 20,105  20,200  20,105  20,180  11,031 
01/21/2025 19,935  20,005  19,885  19,995  151,018 
01/20/2025 19,930  20,035  19,930  20,035  335.00 
01/17/2025 19,990  20,025  19,970  19,970  220.00 
01/16/2025 19,835  19,895  19,830  19,845  4,673 
01/15/2025 19,625  19,650  19,585  19,650  2,321 
01/14/2025 19,580  19,585  19,560  19,585  2,209 
01/13/2025 19,810  19,835  19,755  19,780  6,312 
01/10/2025 19,615  19,655  19,615  19,645  4,229 
01/09/2025 19,515  19,520  19,490  19,500  14,318 
01/08/2025 19,395  19,420  19,370  19,410  55,124 
01/07/2025 19,265  19,335  19,260  19,335  1,821 
01/06/2025 19,320  19,345  19,240  19,240  811.00 
01/03/2025 19,445  19,510  19,445  19,470  21,273 
01/02/2025 19,200  19,275  19,200  19,260  3,433 
12/30/2024 19,205  19,210  19,155  19,175  1,145 
12/27/2024 19,295  19,300  19,260  19,290  1,151 
12/26/2024 19,170  19,235  19,170  19,220  720.00 
12/24/2024 19,130  19,160  19,115  19,140  80,098 
12/23/2024 19,205  19,220  19,155  19,200  110,125 
12/20/2024 18,965  19,020  18,930  19,020  130,034 
12/19/2024 18,915  19,085  18,915  19,025  21,014 
12/18/2024 19,355  19,385  19,325  19,340  60,219 
12/17/2024 19,400  19,420  19,390  19,395  1,566 
12/16/2024 19,390  19,420  19,350  19,420  989.00 
12/13/2024 19,650  19,725  19,645  19,660  140,414 
12/12/2024 20,000  20,050  19,935  19,955  10,337 
12/11/2024 19,785  19,900  19,775  19,830  42,566 
12/10/2024 19,480  19,580  19,475  19,550  131,505 
12/09/2024 19,300  19,375  19,245  19,335  4,474 
12/06/2024 19,275  19,350  19,150  19,300  21,405 
12/05/2024 19,410  19,445  19,390  19,420  1,524 
12/04/2024 19,345  19,400  19,315  19,400  859.00 
12/03/2024 19,340  19,385  19,295  19,385  872.00 
12/02/2024 19,350  19,350  19,190  19,205  10,867 
11/29/2024 19,310  19,505  19,295  19,505  71,046 
11/28/2024 19,295  19,310  19,190  19,270  351.00 
11/27/2024 19,270  19,365  19,245  19,345  31,456 
11/26/2024 19,120  19,260  19,100  19,205  27,947 
11/25/2024 19,910  19,910  19,465  19,535  1,043 
11/22/2024 19,540  19,690  19,540  19,670  1,752 
11/21/2024 19,415  19,475  19,415  19,475  849.00 
11/20/2024 19,300  19,335  19,295  19,310  333.00 
11/19/2024 19,130  19,220  19,125  19,205  2,554 
11/18/2024 18,825  19,025  18,825  18,925  5,307 
11/15/2024 18,795  18,820  18,770  18,770  2,153 
11/14/2024 18,830  18,830  18,715  18,715  650.00 
11/13/2024 19,040  19,110  19,030  19,075  862.00 
11/12/2024 19,220  19,225  19,085  19,085  30,676 
11/11/2024 19,670  19,670  19,555  19,555  1,383 
11/08/2024 19,825  19,850  19,735  19,735  3,384 
11/07/2024 19,510  19,515  19,365  19,455  207,275 
11/06/2024 20,110  20,140  19,905  19,905  8,434 
11/05/2024 20,040  20,045  19,980  20,030  816.00 
11/04/2024 20,055  20,085  20,045  20,070  2,910 
11/01/2024 20,125  20,200  20,115  20,165  4,615 
10/31/2024 20,410  20,440  20,400  20,400  1,854 

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Shinhan Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shinhan Gold's price direction in advance. Along with the technical and fundamental analysis of Shinhan Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shinhan 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.