Generic Engineering (India) Price on December 20, 2024

GENCON Stock   45.70  1.43  3.03%   
If you're considering investing in Generic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Generic Engineering stands at 45.70, as last reported on the 22nd of December, with the highest price reaching 47.85 and the lowest price hitting 44.31 during the day. At this point, Generic Engineering is very steady. Generic Engineering holds Efficiency (Sharpe) Ratio of 0.0473, which attests that the entity had a 0.0473% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Generic Engineering, which you can use to evaluate the volatility of the firm. Please check out Generic Engineering's Downside Deviation of 2.82, risk adjusted performance of 0.021, and Market Risk Adjusted Performance of 0.2876 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
  
The current year's Other Stockholder Equity is expected to grow to about 2.4 B, whereas Total Stockholder Equity is forecasted to decline to about 1.5 B. . Generic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0473

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Estimated Market Risk

 2.88
  actual daily
25
75% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Generic Engineering is performing at about 3% 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 Generic Engineering by adding it to a well-diversified portfolio.
Price Book
0.9907
Book Value
50.999
Enterprise Value
3.2 B
Enterprise Value Ebitda
10.3281
Price Sales
0.9116

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Generic Engineering Valuation on December 20, 2024

It is possible to determine the worth of Generic Engineering on a given historical date. On December 20, 2024 Generic was worth 47.85 at the beginning of the trading date compared to the closed value of 45.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Generic Engineering stock. Still, in general, we apply an absolute valuation method to find Generic Engineering'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 Generic Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Generic Engineering's related companies.
 Open High Low Close Volume
  46.60    48.17    46.34    47.13    125,828  
12/20/2024
  47.85    47.85    44.31    45.70    141,553  
  47.85    47.85    44.31    45.70    0.00  
Backtest Generic Engineering  |  Generic Engineering History  |  Generic Engineering Valuation   PreviousNext  
Open Value
47.85
45.7
Closing Value
56.49
Upside

Generic Engineering Trading Date Momentum on December 20, 2024

On December 22 2024 Generic Engineering Construction was traded for  45.70  at the closing time. The highest price during the trading period was 47.85  and the lowest recorded bid was listed for  44.31 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 did not cause price change. The overall trading delta to the current price is 4.70% .

Generic Engineering Fundamentals Correlations and Trends

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

About Generic Engineering Stock history

Generic Engineering 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 Generic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Generic Engineering 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 Generic Engineering stock prices may prove useful in developing a viable investing in Generic Engineering
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58.1 M38.5 M
Net Income Applicable To Common Shares176.1 M135.1 M

Generic Engineering Quarterly Net Working Capital

1.43 Billion

Generic Engineering Stock Technical Analysis

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

Generic Engineering Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Generic Engineering Construction 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.

Generic Engineering December 22, 2024 Market Strength

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

Generic Engineering Technical and Predictive Indicators

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

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