Hindcon Chemicals (India) Price on February 15, 2024

HINDCON Stock   45.04  0.25  0.55%   
Below is the normalized historical share price chart for Hindcon Chemicals Limited extending back to March 12, 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 Hindcon Chemicals stands at 45.04, as last reported on the 25th of December, with the highest price reaching 47.40 and the lowest price hitting 44.00 during the day.
200 Day MA
50.357
50 Day MA
46.6388
Beta
0.304
 
Covid
If you're considering investing in Hindcon Stock, it is important to understand the factors that can impact its price. Hindcon Chemicals holds Efficiency (Sharpe) Ratio of -0.0184, which attests that the entity had a -0.0184% return per unit of risk over the last 3 months. Hindcon Chemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hindcon Chemicals' Market Risk Adjusted Performance of (0.12), risk adjusted performance of (0.01), and Standard Deviation of 4.03 to validate the risk estimate we provide.
  
As of the 25th of December 2024, Sale Purchase Of Stock is likely to grow to about 83.4 M, while Total Stockholder Equity is likely to drop about 291.4 M. . Hindcon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0184

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Estimated Market Risk

 4.15
  actual daily
36
64% of assets are more volatile

Expected Return

 -0.08
  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 Hindcon Chemicals 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 Hindcon Chemicals by adding Hindcon Chemicals to a well-diversified portfolio.
Price Book
4.6411
Book Value
9.758
Enterprise Value
2.2 B
Enterprise Value Ebitda
25.0644
Price Sales
3.8202

Hindcon Chemicals Main Headline on 15th of February 2024

With EPS Growth And More, Hindcon Chemicals Makes An Interesting Case Simply Wall St

Hindcon Chemicals Valuation on February 15, 2024

It is possible to determine the worth of Hindcon Chemicals on a given historical date. On February 15, 2024 Hindcon was worth 56.79 at the beginning of the trading date compared to the closed value of 56.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hindcon Chemicals stock. Still, in general, we apply an absolute valuation method to find Hindcon Chemicals' 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 Hindcon Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hindcon Chemicals' related companies.
 Open High Low Close Volume
  54.09    54.09    54.09    54.09    93,362  
02/15/2024
  56.79    56.79    56.79    56.79    106,710  
  59.58    59.58    59.58    59.58    184,039  
Backtest Hindcon Chemicals  |  Hindcon Chemicals History  |  Hindcon Chemicals Valuation   PreviousNext  
Open Value
56.79
56.79
Closing Value
69.24
Upside

Hindcon Chemicals Trading Date Momentum on February 15, 2024

On February 16 2024 Hindcon Chemicals Limited was traded for  59.58  at the closing time. The highest price during the trading period was 59.58  and the lowest recorded bid was listed for  59.58 . The volume for the day was 184 K. This history from February 16, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 4.91% . The trading delta at closing time to the current price is 0.35% .

Hindcon Chemicals Fundamentals Correlations and Trends

By evaluating Hindcon Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hindcon Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hindcon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hindcon Chemicals Stock history

Hindcon Chemicals 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 Hindcon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hindcon Chemicals 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 Hindcon Chemicals stock prices may prove useful in developing a viable investing in Hindcon Chemicals
Last ReportedProjected for Next Year
Common Stock Shares Outstanding44.1 M23.4 M
Net Income Applicable To Common Shares49.7 M40.3 M

Hindcon Chemicals Quarterly Net Working Capital

344.62 Million

Hindcon Chemicals Stock Technical Analysis

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

Hindcon Chemicals Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Hindcon Chemicals 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.

Hindcon Chemicals December 25, 2024 Market Strength

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

Hindcon Chemicals Technical and Predictive Indicators

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

Other Information on Investing in Hindcon Stock

Hindcon Chemicals financial ratios help investors to determine whether Hindcon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hindcon with respect to the benefits of owning Hindcon Chemicals security.