Delta Manufacturing (India) Price on March 4, 2024

DELTAMAGNT   112.34  8.39  8.07%   
Below is the normalized historical share price chart for Delta Manufacturing Limited extending back to September 15, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Delta Manufacturing stands at 112.34, as last reported on the 25th of December, with the highest price reaching 124.74 and the lowest price hitting 103.50 during the day.
200 Day MA
97.8604
50 Day MA
102.078
Beta
0.405
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Delta Stock, it is important to understand the factors that can impact its price. Delta Manufacturing appears to be very steady, given 3 months investment horizon. Delta Manufacturing secures Sharpe Ratio (or Efficiency) of 0.0713, which denotes the company had a 0.0713% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Delta Manufacturing Limited, which you can use to evaluate the volatility of the firm. Please utilize Delta Manufacturing's Coefficient Of Variation of 1508.7, mean deviation of 2.53, and Downside Deviation of 2.69 to check if our risk estimates are consistent with your expectations.
  
At present, Delta Manufacturing's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 125.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 8.1 M. . Delta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0713

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Estimated Market Risk

 3.85
  actual daily
34
66% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Delta Manufacturing is performing at about 5% 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 Delta Manufacturing by adding it to a well-diversified portfolio.
Price Book
5.4126
Book Value
24.754
Enterprise Value
1.5 B
Enterprise Value Ebitda
(11.52)
Price Sales
1.4728

Delta Manufacturing Main Headline on 4th of March 2024

SIL Investments Ltd leads gainers in B group Capital Market Publishers India Pvt Ltd

Delta Manufacturing Valuation on March 4, 2024

It is possible to determine the worth of Delta Manufacturing on a given historical date. On March 4, 2024 Delta was worth 132.75 at the beginning of the trading date compared to the closed value of 105.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Delta Manufacturing stock. Still, in general, we apply an absolute valuation method to find Delta Manufacturing'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 Delta Manufacturing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Delta Manufacturing's related companies.
 Open High Low Close Volume
  110.65    110.65    110.65    110.65    29,263  
03/04/2024
  132.75    132.75    101.10    105.55    656,052  
  103.60    103.95    97.00    98.20    81,503  
Backtest Delta Manufacturing  |  Delta Manufacturing History  |  Delta Manufacturing Valuation   PreviousNext  
Open Value
132.75
121.21
Downside
105.55
Closing Value
144.29
Upside

Delta Manufacturing Trading Date Momentum on March 4, 2024

On March 05 2024 Delta Manufacturing Limited was traded for  98.20  at the closing time. The highest price during the trading period was 103.95  and the lowest recorded bid was listed for  97.00 . The volume for the day was 81.5 K. This history from March 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 6.96% . The overall trading delta to the current price is 20.18% .

Delta Manufacturing Fundamentals Correlations and Trends

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

About Delta Manufacturing Stock history

Delta Manufacturing 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 Delta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Delta Manufacturing 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 Delta Manufacturing stock prices may prove useful in developing a viable investing in Delta Manufacturing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.5 M8.1 M
Net Loss-150.6 M-143.1 M

Delta Manufacturing Stock Technical Analysis

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

Delta Manufacturing Period Price Range

Low
December 25, 2024
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High

 0.00 

     

 0.00 

Delta Manufacturing 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.

Delta Manufacturing December 25, 2024 Market Strength

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

Delta Manufacturing Technical and Predictive Indicators

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

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