Alkali Metals (India) Price on August 21, 2024
| ALKALI Stock | 116.71 4.59 3.78% |
Below is the normalized historical share price chart for Alkali Metals Limited extending back to November 06, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alkali Metals stands at 116.71, as last reported on the 19th of December, with the highest price reaching 121.39 and the lowest price hitting 115.30 during the day.
If you're considering investing in Alkali Stock, it is important to understand the factors that can impact its price. Alkali Metals Limited secures Sharpe Ratio (or Efficiency) of -0.0391, which signifies that the company had a -0.0391% return per unit of risk over the last 3 months. Alkali Metals Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alkali Metals' Risk Adjusted Performance of (0.02), standard deviation of 2.16, and Mean Deviation of 1.64 to double-check the risk estimate we provide.
The current year's Other Stockholder Equity is expected to grow to about 193.2 M, whereas Total Stockholder Equity is forecasted to decline to about 419.9 M. . Alkali Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 119.8085 | 50 Day MA 117.128 | Beta 0.829 |
Alkali |
Sharpe Ratio = -0.0391
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ALKALI |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alkali Metals 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 Alkali Metals by adding Alkali Metals to a well-diversified portfolio.
Price Book 2.7451 | Book Value 50.425 | Enterprise Value 1.5 B | Enterprise Value Ebitda 45.7975 | Price Sales 1.4853 |
Alkali Metals Valuation on August 21, 2024
It is possible to determine the worth of Alkali Metals on a given historical date. On August 21, 2024 Alkali was worth 122.4 at the beginning of the trading date compared to the closed value of 119.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alkali Metals stock. Still, in general, we apply an absolute valuation method to find Alkali Metals' 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 Alkali Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alkali Metals' related companies.
| Open | High | Low | Close | Volume | |
| 123.50 | 124.85 | 120.06 | 121.80 | 11,997 | |
08/21/2024 | 122.40 | 123.50 | 117.16 | 119.07 | 80,162 |
| 119.70 | 124.79 | 114.00 | 115.32 | 163,506 |
| Backtest Alkali Metals | | | Alkali Metals History | | | Alkali Metals Valuation | Previous | Next |
Alkali Metals Trading Date Momentum on August 21, 2024
| On August 22 2024 Alkali Metals Limited was traded for 115.32 at the closing time. The highest price during the trading period was 124.79 and the lowest recorded bid was listed for 114.00 . The volume for the day was 163.5 K. This history from August 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.15% . The overall trading delta to the current price is 3.92% . |
Alkali Metals Limited Fundamentals Correlations and Trends
By evaluating Alkali Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alkali Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alkali financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alkali Metals Stock history
Alkali Metals 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 Alkali is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alkali Metals Limited 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 Alkali Metals stock prices may prove useful in developing a viable investing in Alkali Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.7 M | 11 M | |
| Net Income Applicable To Common Shares | 33.5 M | 35.2 M |
Alkali Metals Quarterly Net Working Capital |
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Alkali Metals Stock Technical Analysis
Alkali Metals 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
Alkali Metals Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Alkali Metals Limited 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.
Alkali Metals December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Alkali Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alkali Metals shares will generate the highest return on investment. By undertsting and applying Alkali Metals stock market strength indicators, traders can identify Alkali Metals Limited entry and exit signals to maximize returns
Alkali Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alkali Metals' price direction in advance. Along with the technical and fundamental analysis of Alkali Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alkali 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 | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.20) |
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| Math Transform | ||
| Momentum Indicators | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Alkali Stock analysis
When running Alkali Metals' price analysis, check to measure Alkali Metals' 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 Alkali Metals is operating at the current time. Most of Alkali Metals' value examination focuses on studying past and present price action to predict the probability of Alkali Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkali Metals' price. Additionally, you may evaluate how the addition of Alkali Metals to your portfolios can decrease your overall portfolio volatility.
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