Azure Power Global Price on May 17, 2023
AZREDelisted Stock | USD 0.34 1.24 78.48% |
If you're considering investing in Azure Stock, it is important to understand the factors that can impact its price. As of today, the current price of Azure Power stands at 0.34, as last reported on the 17th of December 2024, with the highest price reaching 0.34 and the lowest price hitting 0.29 during the day. We have found twenty-three technical indicators for Azure Power Global, which you can use to evaluate the volatility of the firm. Please confirm Azure Power's Mean Deviation of 5.15, risk adjusted performance of (0.09), and Standard Deviation of 10.98 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Azure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Based on monthly moving average Azure Power 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 Azure Power by adding Azure Power to a well-diversified portfolio.
Azure Power Main Headline on 17th of May 2023
Azure Power Global Limited Sees Significant Decline in Short... by thelincolnianonline.com
Azure Power Global Limited saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 896,800 shares, a decrease of 8.3 percent from the April 15th total of 977,500 shares. Based on an average daily trading volume, of 293,000 shares, the short-interest
Azure Power Valuation on May 17, 2023
It is possible to determine the worth of Azure Power on a given historical date. On May 17, 2023 Azure was worth 2.53 at the beginning of the trading date compared to the closed value of 2.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Azure Power stock. Still, in general, we apply an absolute valuation method to find Azure Power'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 Azure Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Azure Power's related companies.
Open | High | Low | Close | Volume | |
2.59 | 2.60 | 2.46 | 2.50 | 116,513 | |
05/17/2023 | 2.53 | 2.63 | 2.42 | 2.62 | 110,394 |
2.59 | 2.65 | 2.55 | 2.61 | 53,840 |
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Azure Power Trading Date Momentum on May 17, 2023
On May 18 2023 Azure Power Global was traded for 2.61 at the closing time. The top price for the day was 2.65 and the lowest listed price was 2.55 . The trading volume for the day was 53.8 K. The trading history from May 18, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.38% . The overall trading delta against the current closing price is 10.31% . |
Azure Power Global Fundamentals Correlations and Trends
By evaluating Azure Power'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 Azure Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Azure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Azure Power Stock history
Azure Power 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 Azure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Azure Power Global 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 Azure Power stock prices may prove useful in developing a viable investing in Azure Power
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India. Azure Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 471 people.
Azure Power Stock Technical Analysis
Azure Power 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Azure Power Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Azure Power Global cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. 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.
Azure Power December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Azure Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Azure Power shares will generate the highest return on investment. By undertsting and applying Azure Power stock market strength indicators, traders can identify Azure Power Global entry and exit signals to maximize returns
Azure Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Azure Power's price direction in advance. Along with the technical and fundamental analysis of Azure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Azure 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 | (0.09) | |||
Jensen Alpha | (1.71) | |||
Total Risk Alpha | (2.72) | |||
Treynor Ratio | (0.86) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Azure Stock
If you are still planning to invest in Azure Power Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Azure Power's history and understand the potential risks before investing.
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