Shin Etsu Chemical Co Stock Price on April 12, 2023

SHECY Stock  USD 19.34  0.11  0.57%   
If you're considering investing in Shin-Etsu Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shin-Etsu Chemical stands at 19.34, as last reported on the 8th of June, with the highest price reaching 20.17 and the lowest price hitting 19.29 during the day. Shin Etsu Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0696, which indicates the firm had a -0.0696% return per unit of risk over the last 3 months. Shin Etsu Chemical Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shin-Etsu Chemical's Variance of 3.97, coefficient of variation of (1,255), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Shin-Etsu Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0696

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Estimated Market Risk

 2.01
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shin-Etsu Chemical 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 Shin-Etsu Chemical by adding Shin-Etsu Chemical to a well-diversified portfolio.

Shin-Etsu Chemical Valuation on April 12, 2023

It is possible to determine the worth of Shin-Etsu Chemical on a given historical date. On April 12, 2023 Shin-Etsu was worth 15.14 at the beginning of the trading date compared to the closed value of 15.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shin-Etsu Chemical pink sheet. Still, in general, we apply an absolute valuation method to find Shin-Etsu Chemical'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-Etsu Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shin-Etsu Chemical's related companies.
 Open High Low Close Volume
  14.61    14.91    14.61    14.79    176,887  
04/12/2023
  15.14    15.23    15.07    15.11    119,205  
  15.20    15.48    15.20    15.43    115,360  
Backtest Shin-Etsu Chemical  |  Shin-Etsu Chemical History  |  Shin-Etsu Chemical Valuation   PreviousNext  
Open Value
15.14
15.11
Closing Value
21.16
Upside

Shin-Etsu Chemical Trading Date Momentum on April 12, 2023

On April 13 2023 Shin Etsu Chemical Co was traded for  15.43  at the closing time. The highest daily price throughout the period was 15.48  and the lowest price was  15.20 . The daily volume was 115.4 K. The net trading volume on 04/13/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 2.12% . The trading price change to current closing price is 1.32% .

Shin Etsu Chemical Fundamentals Correlations and Trends

By evaluating Shin-Etsu Chemical'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-Etsu Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shin-Etsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shin-Etsu Chemical Pink Sheet history

Shin-Etsu Chemical 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-Etsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shin Etsu Chemical 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-Etsu Chemical stock prices may prove useful in developing a viable investing in Shin-Etsu Chemical
Shin-Etsu Chemical Co., Ltd. engages in the polyvinyl chloride chlor-alkali, semiconductor silicon, silicones, electronics and functional materials, specialty chemicals, processing, and trading and specialized businesses worldwide. The company was incorporated in 1926 and is headquartered in Tokyo, Japan. Shin-Etsu Chemical is traded on OTC Exchange in the United States.

Shin-Etsu Chemical Pink Sheet Technical Analysis

Shin-Etsu Chemical 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.
A focus of Shin-Etsu Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shin-Etsu Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shin-Etsu Chemical Period Price Range

Low
April 12, 2023
-0.03  -0.2%
High

 15.14 

     

 15.11 

Shin-Etsu Chemical June 8, 2024 Market Strength

Market strength indicators help investors to evaluate how Shin-Etsu Chemical 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 Shin-Etsu Chemical shares will generate the highest return on investment. By undertsting and applying Shin-Etsu Chemical pink sheet market strength indicators, traders can identify Shin Etsu Chemical Co entry and exit signals to maximize returns

Shin-Etsu Chemical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shin-Etsu Chemical's price direction in advance. Along with the technical and fundamental analysis of Shin-Etsu Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shin-Etsu 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.

Additional Tools for Shin-Etsu Pink Sheet Analysis

When running Shin-Etsu Chemical's price analysis, check to measure Shin-Etsu Chemical'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-Etsu Chemical is operating at the current time. Most of Shin-Etsu Chemical's value examination focuses on studying past and present price action to predict the probability of Shin-Etsu Chemical'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-Etsu Chemical's price. Additionally, you may evaluate how the addition of Shin-Etsu Chemical to your portfolios can decrease your overall portfolio volatility.