HDFC Asset (India) Price on May 29, 2024
| HDFCAMC Stock | 4,415 101.75 2.25% |
Below is the normalized historical share price chart for HDFC Asset Management extending back to August 06, 2018. 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 HDFC Asset stands at 4,415, as last reported on the 18th of December 2024, with the highest price reaching 4,508 and the lowest price hitting 4,402 during the day.
If you're considering investing in HDFC Stock, it is important to understand the factors that can impact its price. At this point, HDFC Asset is very steady. HDFC Asset Management holds Efficiency (Sharpe) Ratio of 0.0141, which attests that the entity had a 0.0141% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for HDFC Asset Management, which you can use to evaluate the volatility of the firm. Please check out HDFC Asset's Semi Deviation of 1.57, risk adjusted performance of 0.0163, and Market Risk Adjusted Performance of 0.0982 to validate if the risk estimate we provide is consistent with the expected return of 0.026%.
At present, HDFC Asset's Common Stock Shares Outstanding 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 8.2 B, whereas Common Stock is forecasted to decline to about 798 M. . HDFC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.1 K | 50 Day MA 4.4 K | Beta 0.683 |
HDFC |
Sharpe Ratio = 0.0141
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDFCAMC |
Estimated Market Risk
| 1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average HDFC Asset 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 HDFC Asset by adding it to a well-diversified portfolio.
Price Book 14.2057 | Enterprise Value Ebitda 32.2725 | Price Sales 25.5769 | Shares Float 99.3 M | Wall Street Target Price 4.9 K |
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HDFC Asset Valuation on May 29, 2024
It is possible to determine the worth of HDFC Asset on a given historical date. On May 29, 2024 HDFC was worth 3910.21 at the beginning of the trading date compared to the closed value of 3824.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HDFC Asset stock. Still, in general, we apply an absolute valuation method to find HDFC Asset'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 HDFC Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HDFC Asset's related companies.
| Open | High | Low | Close | Volume | |
| 3,857 | 3,970 | 3,843 | 3,941 | 847,226 | |
05/29/2024 | 3,910 | 3,928 | 3,812 | 3,825 | 321,050 |
| 3,803 | 3,804 | 3,660 | 3,682 | 607,555 |
| Backtest HDFC Asset | | | HDFC Asset History | | | HDFC Asset Valuation | Previous | Next |
HDFC Asset Trading Date Momentum on May 29, 2024
| On May 30 2024 HDFC Asset Management was traded for 3,682 at the closing time. The highest price during the trading period was 3,804 and the lowest recorded bid was listed for 3,660 . The volume for the day was 607.6 K. This history from May 30, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.72% . The trading delta at closing time to the current price is 1.03% . |
HDFC Asset Management Fundamentals Correlations and Trends
By evaluating HDFC Asset'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 HDFC Asset's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HDFC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HDFC Asset Stock history
HDFC Asset 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 HDFC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HDFC Asset Management 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 HDFC Asset stock prices may prove useful in developing a viable investing in HDFC Asset
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 213.7 M | 229.4 M | |
| Net Income Applicable To Common Shares | 16.4 B | 10.4 B |
HDFC Asset Stock Technical Analysis
HDFC Asset 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
HDFC Asset Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
HDFC Asset Management 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.
HDFC Asset December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how HDFC Asset stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HDFC Asset shares will generate the highest return on investment. By undertsting and applying HDFC Asset stock market strength indicators, traders can identify HDFC Asset Management entry and exit signals to maximize returns
HDFC Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HDFC Asset's price direction in advance. Along with the technical and fundamental analysis of HDFC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HDFC 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 | 0.0163 | |||
| Jensen Alpha | 0.0053 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0882 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HDFC Stock analysis
When running HDFC Asset's price analysis, check to measure HDFC Asset'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 HDFC Asset is operating at the current time. Most of HDFC Asset's value examination focuses on studying past and present price action to predict the probability of HDFC Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HDFC Asset's price. Additionally, you may evaluate how the addition of HDFC Asset to your portfolios can decrease your overall portfolio volatility.
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