Bodal Chemicals (India) Price on September 27, 2024

BODALCHEM   70.10  0.47  0.67%   
If you're considering investing in Bodal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bodal Chemicals stands at 70.10, as last reported on the 3rd of January, with the highest price reaching 70.95 and the lowest price hitting 69.43 during the day. Bodal Chemicals secures Sharpe Ratio (or Efficiency) of -0.0943, which signifies that the company had a -0.0943% return per unit of standard deviation over the last 3 months. Bodal Chemicals Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bodal Chemicals' risk adjusted performance of (0.07), and Mean Deviation of 1.39 to double-check the risk estimate we provide.
  
Bodal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0943

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bodal Chemicals 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 Bodal Chemicals by adding Bodal Chemicals to a well-diversified portfolio.

Bodal Chemicals Valuation on September 27, 2024

It is possible to determine the worth of Bodal Chemicals on a given historical date. On September 27, 2024 Bodal was worth 80.18 at the beginning of the trading date compared to the closed value of 80.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bodal Chemicals stock. Still, in general, we apply an absolute valuation method to find Bodal Chemicals' 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 Bodal Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bodal Chemicals' related companies.
 Open High Low Close Volume
  81.55    81.96    79.65    79.98    558,990  
09/27/2024
  80.18    81.48    80.00    80.23    387,362  
  80.20    82.65    79.80    81.24    639,099  
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Open Value
80.18
80.23
Closing Value
85.62
Upside

Bodal Chemicals Trading Date Momentum on September 27, 2024

On September 30 2024 Bodal Chemicals Limited was traded for  81.24  at the closing time. The highest price during the trading period was 82.65  and the lowest recorded bid was listed for  79.80 . The volume for the day was 639.1 K. This history from September 30, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.26% . The overall trading delta to the current price is 4.40% .

Bodal Chemicals Fundamentals Correlations and Trends

By evaluating Bodal Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bodal Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bodal financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bodal Chemicals Stock history

Bodal Chemicals 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 Bodal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bodal Chemicals 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 Bodal Chemicals stock prices may prove useful in developing a viable investing in Bodal Chemicals

Bodal Chemicals Stock Technical Analysis

Bodal Chemicals 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.
A focus of Bodal Chemicals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bodal Chemicals trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bodal Chemicals Period Price Range

Low
January 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Bodal Chemicals 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.

Bodal Chemicals January 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Bodal Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bodal Chemicals shares will generate the highest return on investment. By undertsting and applying Bodal Chemicals stock market strength indicators, traders can identify Bodal Chemicals Limited entry and exit signals to maximize returns

Bodal Chemicals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bodal Chemicals' price direction in advance. Along with the technical and fundamental analysis of Bodal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bodal 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.

Complementary Tools for Bodal Stock analysis

When running Bodal Chemicals' price analysis, check to measure Bodal Chemicals' 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 Bodal Chemicals is operating at the current time. Most of Bodal Chemicals' value examination focuses on studying past and present price action to predict the probability of Bodal Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bodal Chemicals' price. Additionally, you may evaluate how the addition of Bodal Chemicals to your portfolios can decrease your overall portfolio volatility.
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