Rainer,
In what world are share price and shareholder value not intrinsically tied to each other? A companies potential, technicals, blue sky, fundamentals, etc etc... none of that matters if your share price goes no where or keeps going down.
I have x shares at x value which equals my total shareholder value. Nothing else matters unless the share price goes up. A company could be making acquisitions or inventing AI all the way until backruptcy. If the shareprice plummets, so does your value, regardless of how great they are.
This isn't always a glass half-full situation. It's just a glass, with water in it.
With that being said, I think the current downward trend is short-lived, and I expect something to turn it around before the end of the year.
-Leth