IG Petrochemicals (India) Price on October 14, 2024
| IGPL Stock | 572.20 17.25 2.93% |
Below is the normalized historical share price chart for IG Petrochemicals Limited extending back to January 29, 2007. 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 IG Petrochemicals stands at 572.20, as last reported on the 18th of December 2024, with the highest price reaching 594.20 and the lowest price hitting 567.05 during the day.
If you're considering investing in IGPL Stock, it is important to understand the factors that can impact its price. IG Petrochemicals retains Efficiency (Sharpe Ratio) of -0.0377, which attests that the entity had a -0.0377% return per unit of price deviation over the last 3 months. IG Petrochemicals exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IG Petrochemicals' Information Ratio of (0.09), coefficient of variation of (1,655), and Market Risk Adjusted Performance of (0.21) to validate the risk estimate we provide.
At this time, IG Petrochemicals' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 33.5 M in 2024, whereas Common Stock is likely to drop slightly above 336 M in 2024. . IGPL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 563.1473 | 50 Day MA 570.792 | Beta 1.048 |
IGPL |
Sharpe Ratio = -0.0377
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| Negative Returns | IGPL |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IG Petrochemicals 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 IG Petrochemicals by adding IG Petrochemicals to a well-diversified portfolio.
Price Book 1.4026 | Enterprise Value Ebitda 11.1674 | Price Sales 0.8187 | Shares Float 8.2 M | Wall Street Target Price 862 |
IG Petrochemicals Valuation on October 14, 2024
It is possible to determine the worth of IG Petrochemicals on a given historical date. On October 14, 2024 IGPL was worth 589.15 at the beginning of the trading date compared to the closed value of 580.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IG Petrochemicals stock. Still, in general, we apply an absolute valuation method to find IG Petrochemicals' 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 IG Petrochemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IG Petrochemicals' related companies.
| Open | High | Low | Close | Volume | |
| 594.00 | 597.40 | 578.05 | 586.20 | 20,752 | |
10/14/2024 | 589.15 | 592.35 | 572.20 | 580.90 | 14,087 |
| 582.00 | 600.00 | 568.70 | 582.15 | 62,475 |
| Backtest IG Petrochemicals | | | IG Petrochemicals History | | | IG Petrochemicals Valuation | Previous | Next |
IG Petrochemicals Trading Date Momentum on October 14, 2024
| On October 15 2024 IG Petrochemicals Limited was traded for 582.15 at the closing time. The highest price during the trading period was 600.00 and the lowest recorded bid was listed for 568.70 . The volume for the day was 62.5 K. This history from October 15, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.22% . The trading delta at closing time to the current price is 6.15% . |
IG Petrochemicals Fundamentals Correlations and Trends
By evaluating IG Petrochemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IG Petrochemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IGPL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IG Petrochemicals Stock history
IG Petrochemicals 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 IGPL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IG Petrochemicals 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 IG Petrochemicals stock prices may prove useful in developing a viable investing in IG Petrochemicals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.8 M | 33.5 M | |
| Net Income Applicable To Common Shares | 2.3 B | 1.2 B |
IG Petrochemicals Quarterly Net Working Capital |
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IG Petrochemicals Stock Technical Analysis
IG Petrochemicals 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
IG Petrochemicals Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
IG Petrochemicals 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.
IG Petrochemicals December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how IG Petrochemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IG Petrochemicals shares will generate the highest return on investment. By undertsting and applying IG Petrochemicals stock market strength indicators, traders can identify IG Petrochemicals Limited entry and exit signals to maximize returns
IG Petrochemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IG Petrochemicals' price direction in advance. Along with the technical and fundamental analysis of IGPL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IGPL 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 | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.22) |
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Additional Tools for IGPL Stock Analysis
When running IG Petrochemicals' price analysis, check to measure IG Petrochemicals' 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 IG Petrochemicals is operating at the current time. Most of IG Petrochemicals' value examination focuses on studying past and present price action to predict the probability of IG Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IG Petrochemicals' price. Additionally, you may evaluate how the addition of IG Petrochemicals to your portfolios can decrease your overall portfolio volatility.