Aarey Drugs (India) Price on April 12, 2024
| AAREYDRUGS | 59.74 1.57 2.70% |
If you're considering investing in Aarey Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aarey Drugs stands at 59.74, as last reported on the 1st of December, with the highest price reaching 61.07 and the lowest price hitting 57.30 during the day. Aarey Drugs Pharmace secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Aarey Drugs Pharmaceuticals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aarey Drugs' Mean Deviation of 1.99, standard deviation of 2.69, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
As of 12/01/2024, Other Stockholder Equity is likely to grow to about 541.9 M, while Common Stock Shares Outstanding is likely to drop slightly above 18.9 M. . Aarey Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aarey |
Sharpe Ratio = -0.1073
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Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aarey Drugs 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 Aarey Drugs by adding Aarey Drugs to a well-diversified portfolio.
Price Book 1.2493 | Book Value 47.327 | Enterprise Value 2.1 B | Enterprise Value Ebitda 15.822 | Price Sales 0.3617 |
Aarey Drugs Valuation on April 12, 2024
It is possible to determine the worth of Aarey Drugs on a given historical date. On April 12, 2024 Aarey was worth 47.95 at the beginning of the trading date compared to the closed value of 48.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aarey Drugs stock. Still, in general, we apply an absolute valuation method to find Aarey Drugs' 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 Aarey Drugs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aarey Drugs' related companies.
| Open | High | Low | Close | Volume | |
| 47.50 | 49.10 | 45.25 | 47.90 | 29,330 | |
04/12/2024 | 47.95 | 49.35 | 47.00 | 48.20 | 42,151 |
| 48.20 | 49.00 | 45.95 | 46.45 | 42,899 |
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Aarey Drugs Trading Date Momentum on April 12, 2024
| On April 15 2024 Aarey Drugs Pharmaceuticals was traded for 46.45 at the closing time. The highest price during the trading period was 49.00 and the lowest recorded bid was listed for 45.95 . The volume for the day was 42.9 K. This history from April 15, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.63% . The overall trading delta to the current price is 2.39% . |
Aarey Drugs Pharmace Fundamentals Correlations and Trends
By evaluating Aarey Drugs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Aarey Drugs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aarey financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aarey Drugs Stock history
Aarey Drugs 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 Aarey is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aarey Drugs Pharmace 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 Aarey Drugs stock prices may prove useful in developing a viable investing in Aarey Drugs
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.4 M | 18.9 M | |
| Net Income Applicable To Common Shares | 75.3 M | 69.5 M |
Aarey Drugs Quarterly Net Working Capital |
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Aarey Drugs Stock Technical Analysis
Aarey Drugs 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
Aarey Drugs Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Aarey Drugs Pharmaceuticals cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Aarey Drugs December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Aarey Drugs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aarey Drugs shares will generate the highest return on investment. By undertsting and applying Aarey Drugs stock market strength indicators, traders can identify Aarey Drugs Pharmaceuticals entry and exit signals to maximize returns
Aarey Drugs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aarey Drugs' price direction in advance. Along with the technical and fundamental analysis of Aarey Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aarey 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 | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.18) |
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Additional Tools for Aarey Stock Analysis
When running Aarey Drugs' price analysis, check to measure Aarey Drugs' 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 Aarey Drugs is operating at the current time. Most of Aarey Drugs' value examination focuses on studying past and present price action to predict the probability of Aarey Drugs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aarey Drugs' price. Additionally, you may evaluate how the addition of Aarey Drugs to your portfolios can decrease your overall portfolio volatility.