Hindalco Industries (India) Price on November 28, 2024
| HINDALCO | 662.10 6.60 0.99% |
Below is the normalized historical share price chart for Hindalco Industries Limited extending back to January 01, 1996. 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 Hindalco Industries stands at 662.10, as last reported on the 15th of December 2024, with the highest price reaching 665.55 and the lowest price hitting 648.00 during the day.
If you're considering investing in Hindalco Stock, it is important to understand the factors that can impact its price. Hindalco Industries holds Efficiency (Sharpe) Ratio of -0.0188, which attests that the entity had a -0.0188% return per unit of risk over the last 3 months. Hindalco Industries exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hindalco Industries' Downside Deviation of 2.29, risk adjusted performance of 0.0157, and Market Risk Adjusted Performance of 0.0682 to validate the risk estimate we provide.
At present, Hindalco Industries' Other Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 598.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 2 B. . Hindalco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 660.2098 | 50 Day MA 682.293 | Beta 1.446 |
Hindalco |
Sharpe Ratio = -0.0188
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HINDALCO |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hindalco Industries is not performing at its full potential. However, 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 Hindalco Industries by adding Hindalco Industries to a well-diversified portfolio.
Price Book 1.276 | Enterprise Value Ebitda 6.4083 | Price Sales 0.656 | Shares Float 1.4 B | Wall Street Target Price 740.2222 |
Hindalco Industries Valuation on November 28, 2024
It is possible to determine the worth of Hindalco Industries on a given historical date. On November 28, 2024 Hindalco was worth 661.0 at the beginning of the trading date compared to the closed value of 650.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hindalco Industries stock. Still, in general, we apply an absolute valuation method to find Hindalco Industries' 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 Hindalco Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hindalco Industries' related companies.
| Open | High | Low | Close | Volume | |
| 667.20 | 669.80 | 660.15 | 661.10 | 2,910,507 | |
11/28/2024 | 661.00 | 663.15 | 647.60 | 650.25 | 4,686,850 |
| 652.50 | 658.60 | 649.10 | 656.20 | 3,412,007 |
| Backtest Hindalco Industries | | | Hindalco Industries History | | | Hindalco Industries Valuation | Previous | Next |
Hindalco Industries Trading Date Momentum on November 28, 2024
| On November 29 2024 Hindalco Industries Limited was traded for 656.20 at the closing time. The highest price during the trading period was 658.60 and the lowest recorded bid was listed for 649.10 . The volume for the day was 3.4 M. This history from November 29, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.92% . The trading delta at closing time to the current price is 2.57% . |
Hindalco Industries Fundamentals Correlations and Trends
By evaluating Hindalco Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hindalco Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hindalco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hindalco Industries Stock history
Hindalco Industries 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 Hindalco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hindalco Industries 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 Hindalco Industries stock prices may prove useful in developing a viable investing in Hindalco Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.2 B | 2 B | |
| Net Income Applicable To Common Shares | 116.1 B | 121.9 B |
Hindalco Industries Quarterly Net Working Capital |
|
Hindalco Industries Stock Technical Analysis
Hindalco Industries 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
Hindalco Industries Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Hindalco Industries 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.
Hindalco Industries December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Hindalco Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hindalco Industries shares will generate the highest return on investment. By undertsting and applying Hindalco Industries stock market strength indicators, traders can identify Hindalco Industries Limited entry and exit signals to maximize returns
Hindalco Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hindalco Industries' price direction in advance. Along with the technical and fundamental analysis of Hindalco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hindalco 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 | 0.0157 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0582 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hindalco Stock analysis
When running Hindalco Industries' price analysis, check to measure Hindalco Industries' 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 Hindalco Industries is operating at the current time. Most of Hindalco Industries' value examination focuses on studying past and present price action to predict the probability of Hindalco Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hindalco Industries' price. Additionally, you may evaluate how the addition of Hindalco Industries to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |