CREDITACCESS GRAMEEN (India) Price on July 12, 2023

CREDITACC   999.55  29.55  2.87%   
If you're considering investing in CREDITACCESS Stock, it is important to understand the factors that can impact its price. As of today, the current price of CREDITACCESS GRAMEEN stands at 999.55, as last reported on the 10th of January, with the highest price reaching 1,034 and the lowest price hitting 992.20 during the day. CREDITACCESS GRAMEEN secures Sharpe Ratio (or Efficiency) of -0.0114, which signifies that the company had a -0.0114% return per unit of risk over the last 3 months. CREDITACCESS GRAMEEN LIMITED exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CREDITACCESS GRAMEEN's Mean Deviation of 2.18, insignificant risk adjusted performance, and Standard Deviation of 3.27 to double-check the risk estimate we provide.
  
CREDITACCESS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0114

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Estimated Market Risk

 3.27
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN by adding CREDITACCESS GRAMEEN to a well-diversified portfolio.

CREDITACCESS GRAMEEN Valuation on July 12, 2023

It is possible to determine the worth of CREDITACCESS GRAMEEN on a given historical date. On July 12, 2023 CREDITACCESS was worth 1282.06 at the beginning of the trading date compared to the closed value of 1286.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CREDITACCESS GRAMEEN stock. Still, in general, we apply an absolute valuation method to find CREDITACCESS GRAMEEN'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 CREDITACCESS GRAMEEN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CREDITACCESS GRAMEEN's related companies.
 Open High Low Close Volume
  1,269    1,292    1,260    1,282    641,275  
07/12/2023
  1,282    1,296    1,269    1,286    190,811  
  1,285    1,288    1,250    1,256    146,324  
Backtest CREDITACCESS GRAMEEN  |  CREDITACCESS GRAMEEN History  |  CREDITACCESS GRAMEEN Valuation   PreviousNext  
Open Value
1282.06
1286.08
Closing Value
1,292
Upside

CREDITACCESS GRAMEEN Trading Date Momentum on July 12, 2023

On July 13 2023 CREDITACCESS GRAMEEN LIMITED was traded for  1,256  at the closing time. The highest price during the trading period was 1,288  and the lowest recorded bid was listed for  1,250 . The volume for the day was 146.3 K. This history from July 13, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.35% . The overall trading delta to the current price is 7.25% .

CREDITACCESS GRAMEEN Fundamentals Correlations and Trends

By evaluating CREDITACCESS GRAMEEN'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 CREDITACCESS GRAMEEN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CREDITACCESS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CREDITACCESS GRAMEEN Stock history

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

CREDITACCESS GRAMEEN Stock Technical Analysis

CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CREDITACCESS GRAMEEN 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

CREDITACCESS GRAMEEN Period Price Range

Low
January 10, 2025
0.00  NaN%
High

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CREDITACCESS GRAMEEN 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.

CREDITACCESS GRAMEEN January 10, 2025 Market Strength

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

CREDITACCESS GRAMEEN Technical and Predictive Indicators

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

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