Delta Manufacturing (India) Price on October 31, 2023
| 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 26th of December, with the highest price reaching 124.74 and the lowest price hitting 103.50 during the day.
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 0.078, which denotes the company had a 0.078% 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 Mean Deviation of 2.53, coefficient of variation of 1508.7, 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.
200 Day MA 97.9256 | 50 Day MA 102.4398 | Beta 0.405 |
Delta |
Sharpe Ratio = 0.078
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Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Delta Manufacturing is performing at about 6% 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 5.8495 | Book Value 24.754 | Enterprise Value 1.6 B | Enterprise Value Ebitda (11.52) | Price Sales 1.474 |
Delta Manufacturing Valuation on October 31, 2023
It is possible to determine the worth of Delta Manufacturing on a given historical date. On October 31, 2023 Delta was worth 81.95 at the beginning of the trading date compared to the closed value of 84.7. 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 | |
| 85.00 | 87.45 | 80.70 | 81.90 | 6,452 | |
10/31/2023 | 81.95 | 85.40 | 81.80 | 84.70 | 2,607 |
| 84.70 | 87.45 | 82.45 | 83.60 | 1,597 |
| Backtest Delta Manufacturing | | | Delta Manufacturing History | | | Delta Manufacturing Valuation | Previous | Next |
Delta Manufacturing Trading Date Momentum on October 31, 2023
| On November 01 2023 Delta Manufacturing Limited was traded for 83.60 at the closing time. The highest price during the trading period was 87.45 and the lowest recorded bid was listed for 82.45 . The volume for the day was 1.6 K. This history from November 1, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.30% . The overall trading delta to the current price is 0.89% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.5 M | 8.1 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.
Price Boundaries
Delta Manufacturing Period Price Range
Low | December 26, 2024
| 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 26, 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.
| Risk Adjusted Performance | 0.0609 | |||
| Jensen Alpha | 0.1937 | |||
| Total Risk Alpha | 0.0752 | |||
| Sortino Ratio | 0.0752 | |||
| Treynor Ratio | 0.1899 |
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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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