AXISCADES Technologies (India) Price on June 18, 2024
| AXISCADES | 733.75 34.90 4.99% |
If you're considering investing in AXISCADES Stock, it is important to understand the factors that can impact its price. As of today, the current price of AXISCADES Technologies stands at 733.75, as last reported on the 5th of January, with the highest price reaching 733.75 and the lowest price hitting 733.75 during the day. AXISCADES Technologies appears to be very steady, given 3 months investment horizon. AXISCADES Technologies secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of return volatility over the last 3 months. By analyzing AXISCADES Technologies' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of AXISCADES Technologies' Mean Deviation of 2.36, risk adjusted performance of 0.1434, and Semi Deviation of 2.35 to double-check if our risk estimates are consistent with your expectations.
AXISCADES Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
AXISCADES |
Sharpe Ratio = 0.1672
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Estimated Market Risk
| 3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average AXISCADES Technologies is performing at about 13% of its full potential. 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 AXISCADES Technologies by adding it to a well-diversified portfolio.
AXISCADES Technologies Valuation on June 18, 2024
It is possible to determine the worth of AXISCADES Technologies on a given historical date. On June 18, 2024 AXISCADES was worth 533.4 at the beginning of the trading date compared to the closed value of 617.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AXISCADES Technologies stock. Still, in general, we apply an absolute valuation method to find AXISCADES Technologies' 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 AXISCADES Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AXISCADES Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 480.00 | 538.90 | 479.45 | 527.35 | 1,004,387 | |
06/18/2024 | 533.40 | 626.00 | 532.00 | 617.55 | 2,287,937 |
| 622.20 | 622.70 | 582.20 | 599.50 | 895,132 |
| Backtest AXISCADES Technologies | | | AXISCADES Technologies History | | | AXISCADES Technologies Valuation | Previous | Next |
AXISCADES Technologies Trading Date Momentum on June 18, 2024
| On June 19 2024 AXISCADES Technologies Limited was traded for 599.50 at the closing time. The highest price during the trading period was 622.70 and the lowest recorded bid was listed for 582.20 . The volume for the day was 895.1 K. This history from June 19, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.92% . The overall trading delta to the current price is 13.55% . |
AXISCADES Technologies Fundamentals Correlations and Trends
By evaluating AXISCADES Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AXISCADES Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AXISCADES financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AXISCADES Technologies Stock history
AXISCADES Technologies 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 AXISCADES is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AXISCADES Technologies 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 AXISCADES Technologies stock prices may prove useful in developing a viable investing in AXISCADES Technologies
AXISCADES Technologies Stock Technical Analysis
AXISCADES Technologies 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
AXISCADES Technologies Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
AXISCADES Technologies 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.
AXISCADES Technologies January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how AXISCADES Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AXISCADES Technologies shares will generate the highest return on investment. By undertsting and applying AXISCADES Technologies stock market strength indicators, traders can identify AXISCADES Technologies Limited entry and exit signals to maximize returns
AXISCADES Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AXISCADES Technologies' price direction in advance. Along with the technical and fundamental analysis of AXISCADES Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AXISCADES 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 | 0.1434 | |||
| Jensen Alpha | 0.5895 | |||
| Total Risk Alpha | 0.5321 | |||
| Sortino Ratio | 0.1959 | |||
| Treynor Ratio | (2.27) |
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Complementary Tools for AXISCADES Stock analysis
When running AXISCADES Technologies' price analysis, check to measure AXISCADES Technologies' 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 AXISCADES Technologies is operating at the current time. Most of AXISCADES Technologies' value examination focuses on studying past and present price action to predict the probability of AXISCADES Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AXISCADES Technologies' price. Additionally, you may evaluate how the addition of AXISCADES Technologies to your portfolios can decrease your overall portfolio volatility.
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