Kothari Petrochemicals (India) Price on September 19, 2024
KOTHARIPET | 192.20 7.18 3.60% |
If you're considering investing in Kothari Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kothari Petrochemicals stands at 192.20, as last reported on the 20th of December, with the highest price reaching 201.50 and the lowest price hitting 190.33 during the day. Kothari Petrochemicals has Sharpe Ratio of -0.0735, which conveys that the firm had a -0.0735% return per unit of risk over the last 3 months. Kothari Petrochemicals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kothari Petrochemicals' Standard Deviation of 2.91, mean deviation of 2.08, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
Kothari Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kothari |
Sharpe Ratio = -0.0735
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Estimated Market Risk
2.91 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kothari 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 Kothari Petrochemicals by adding Kothari Petrochemicals to a well-diversified portfolio.
Kothari Petrochemicals Valuation on September 19, 2024
It is possible to determine the worth of Kothari Petrochemicals on a given historical date. On September 19, 2024 Kothari was worth 229.99 at the beginning of the trading date compared to the closed value of 217.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kothari Petrochemicals stock. Still, in general, we apply an absolute valuation method to find Kothari 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 Kothari Petrochemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kothari Petrochemicals' related companies.
Open | High | Low | Close | Volume | |
222.85 | 230.00 | 222.85 | 226.51 | 180,935 | |
09/19/2024 | 229.99 | 229.99 | 212.96 | 217.81 | 139,342 |
217.81 | 222.80 | 216.35 | 219.16 | 121,609 |
Backtest Kothari Petrochemicals | | | Kothari Petrochemicals History | | | Kothari Petrochemicals Valuation | Previous | Next |
Kothari Petrochemicals Trading Date Momentum on September 19, 2024
On September 20 2024 Kothari Petrochemicals Limited was traded for 219.16 at the closing time. The highest price during the trading period was 222.80 and the lowest recorded bid was listed for 216.35 . The volume for the day was 121.6 K. This history from September 20, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.62% . The trading delta at closing time to the current price is 5.60% . |
Kothari Petrochemicals Fundamentals Correlations and Trends
By evaluating Kothari 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 Kothari Petrochemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kothari financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kothari Petrochemicals Stock history
Kothari 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 Kothari is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kothari 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 Kothari Petrochemicals stock prices may prove useful in developing a viable investing in Kothari Petrochemicals
Kothari Petrochemicals Stock Technical Analysis
Kothari 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
Kothari Petrochemicals Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Kothari 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.
Kothari Petrochemicals December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Kothari 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 Kothari Petrochemicals shares will generate the highest return on investment. By undertsting and applying Kothari Petrochemicals stock market strength indicators, traders can identify Kothari Petrochemicals Limited entry and exit signals to maximize returns
Kothari Petrochemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kothari Petrochemicals' price direction in advance. Along with the technical and fundamental analysis of Kothari Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kothari 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 | (0.05) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (4.95) |
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Complementary Tools for Kothari Stock analysis
When running Kothari Petrochemicals' price analysis, check to measure Kothari 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 Kothari Petrochemicals is operating at the current time. Most of Kothari Petrochemicals' value examination focuses on studying past and present price action to predict the probability of Kothari Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kothari Petrochemicals' price. Additionally, you may evaluate how the addition of Kothari Petrochemicals to your portfolios can decrease your overall portfolio volatility.
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