Delta Manufacturing (India) Price on June 10, 2024
| DELTAMAGNT | 98.80 4.31 4.18% |
If you're considering investing in Delta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Delta Manufacturing stands at 98.80, as last reported on the 14th of January 2025, with the highest price reaching 103.81 and the lowest price hitting 98.37 during the day. At this point, Delta Manufacturing is very steady. Delta Manufacturing secures Sharpe Ratio (or Efficiency) of 0.0182, which denotes the company had a 0.0182% 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 confirm Delta Manufacturing's Mean Deviation of 2.75, downside deviation of 3.22, and Coefficient Of Variation of 5492.73 to check if the risk estimate we provide is consistent with the expected return of 0.0686%.
Delta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Delta |
Sharpe Ratio = 0.0182
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | DELTAMAGNT | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.77 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Delta Manufacturing is performing at about 1% 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.
Related Headline
Edelweiss Financial Headline on 10th of June 2024
India cenbank rejects reappointment of Raj Kumar Bansal as M... by news.google.com
India cenbank rejects reappointment of Raj Kumar Bansal as MD, CEO of Edelweiss ARC Marketscreener.com
Delta Manufacturing Valuation on June 10, 2024
It is possible to determine the worth of Delta Manufacturing on a given historical date. On June 10, 2024 Delta was worth 96.72 at the beginning of the trading date compared to the closed value of 98.12. 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 | |
| 94.85 | 97.50 | 94.05 | 96.70 | 13,846 | |
06/10/2024 | 96.72 | 98.71 | 96.00 | 98.12 | 11,899 |
| 97.07 | 103.80 | 94.00 | 100.38 | 58,086 |
| Backtest Delta Manufacturing | | | Delta Manufacturing History | | | Delta Manufacturing Valuation | Previous | Next |
Delta Manufacturing Trading Date Momentum on June 10, 2024
| On June 11 2024 Delta Manufacturing Limited was traded for 100.38 at the closing time. The highest price during the trading period was 103.80 and the lowest recorded bid was listed for 94.00 . The volume for the day was 58.1 K. This history from June 11, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 2.30% . The overall trading delta to the current price is 2.91% . |
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
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.
Price Boundaries
Delta Manufacturing Period Price Range
Low | January 14, 2025
| 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 January 14, 2025 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.
| Risk Adjusted Performance | 0.0227 | |||
| Jensen Alpha | 0.0676 | |||
| Total Risk Alpha | 0.1249 | |||
| Sortino Ratio | 0.0227 | |||
| Treynor Ratio | 0.0943 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |