Shimano Stock Technical Analysis
| SHMDF Stock | USD 128.95 4.55 3.41% |
As of the 18th of January 2025, Shimano has the Variance of 5.87, risk adjusted performance of (0.12), and Coefficient Of Variation of (652.39). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shimano, as well as the relationship between them. Please validate Shimano variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Shimano is priced more or less accurately, providing market reflects its prevalent price of 128.95 per share. Given that Shimano has information ratio of (0.17), we advise you to double-check Shimano's current market performance to make sure the company can sustain itself at a future point.
Shimano Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shimano, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShimanoShimano |
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.
Shimano Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Shimano volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shimano Trend Analysis
Use this graph to draw trend lines for Shimano. You can use it to identify possible trend reversals for Shimano as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Shimano price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shimano Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shimano applied against its price change over selected period. The best fit line has a slop of 0.39 , which may suggest that Shimano market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5700.78, which is the sum of squared deviations for the predicted Shimano price change compared to its average price change.About Shimano Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Shimano on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Shimano based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shimano price pattern first instead of the macroeconomic environment surrounding Shimano. By analyzing Shimano's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Shimano's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Shimano specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shimano January 18, 2025 Technical Indicators
Most technical analysis of Shimano help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Shimano from various momentum indicators to cycle indicators. When you analyze Shimano charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (3.30) | |||
| Mean Deviation | 1.46 | |||
| Coefficient Of Variation | (652.39) | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.87 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (3.31) | |||
| Maximum Drawdown | 14.25 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 2.99 | |||
| Skewness | (1.58) | |||
| Kurtosis | 4.26 |
Complementary 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.
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