Bajaj Healthcare (India) Price on February 28, 2024
| BAJAJHCARE | 573.40 14.40 2.45% |
If you're considering investing in Bajaj Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bajaj Healthcare stands at 573.40, as last reported on the 2nd of January, with the highest price reaching 612.65 and the lowest price hitting 560.25 during the day. Bajaj Healthcare appears to be very steady, given 3 months investment horizon. Bajaj Healthcare secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Bajaj Healthcare's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Bajaj Healthcare's Downside Deviation of 2.8, risk adjusted performance of 0.1373, and Mean Deviation of 2.78 to double-check if our risk estimates are consistent with your expectations.
At present, Bajaj Healthcare's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. . Bajaj Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bajaj |
Sharpe Ratio = 0.1832
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Estimated Market Risk
| 4.39 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Bajaj Healthcare is performing at about 14% 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 Bajaj Healthcare by adding it to a well-diversified portfolio.
Price Book 4.0621 | Book Value 100.861 | Enterprise Value 19.6 B | Enterprise Value Ebitda 38.9664 | Price Sales 4.1831 |
Bajaj Healthcare Valuation on February 28, 2024
It is possible to determine the worth of Bajaj Healthcare on a given historical date. On February 28, 2024 Bajaj was worth 320.2 at the beginning of the trading date compared to the closed value of 357.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bajaj Healthcare stock. Still, in general, we apply an absolute valuation method to find Bajaj Healthcare'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 Bajaj Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bajaj Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 322.05 | 326.14 | 319.20 | 320.20 | 27,210 | |
02/28/2024 | 320.20 | 377.00 | 319.80 | 357.20 | 3,666,533 |
| 354.06 | 355.06 | 327.13 | 334.36 | 684,143 |
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Bajaj Healthcare Trading Date Momentum on February 28, 2024
| On February 29 2024 Bajaj Healthcare Limited was traded for 334.36 at the closing time. The highest price during the trading period was 355.06 and the lowest recorded bid was listed for 327.13 . The volume for the day was 684.1 K. This history from February 29, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.39% . The overall trading delta to the current price is 7.80% . |
Bajaj Healthcare Fundamentals Correlations and Trends
By evaluating Bajaj Healthcare'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 Bajaj Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bajaj financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bajaj Healthcare Stock history
Bajaj Healthcare 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 Bajaj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bajaj Healthcare 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 Bajaj Healthcare stock prices may prove useful in developing a viable investing in Bajaj Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 31.7 M | 30.1 M | |
| Net Income Applicable To Common Shares | 494.8 M | 466.1 M |
Bajaj Healthcare Quarterly Net Working Capital |
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Bajaj Healthcare Stock Technical Analysis
Bajaj Healthcare 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
Bajaj Healthcare Period Price Range
Low | January 2, 2025
| High |
0.00 | 0.00 |
Bajaj Healthcare 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.
Bajaj Healthcare January 2, 2025 Market Strength
Market strength indicators help investors to evaluate how Bajaj Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bajaj Healthcare shares will generate the highest return on investment. By undertsting and applying Bajaj Healthcare stock market strength indicators, traders can identify Bajaj Healthcare Limited entry and exit signals to maximize returns
Bajaj Healthcare Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bajaj Healthcare's price direction in advance. Along with the technical and fundamental analysis of Bajaj Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bajaj 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 | 0.1373 | |||
| Jensen Alpha | 0.6792 | |||
| Total Risk Alpha | 0.6749 | |||
| Sortino Ratio | 0.2424 | |||
| Treynor Ratio | 3.15 |
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| Volume Indicators |
Complementary Tools for Bajaj Stock analysis
When running Bajaj Healthcare's price analysis, check to measure Bajaj Healthcare's 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 Bajaj Healthcare is operating at the current time. Most of Bajaj Healthcare's value examination focuses on studying past and present price action to predict the probability of Bajaj Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bajaj Healthcare's price. Additionally, you may evaluate how the addition of Bajaj Healthcare to your portfolios can decrease your overall portfolio volatility.
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