Laxmi Organic (India) Price on March 4, 2024

LXCHEM Stock   242.70  6.90  2.76%   
If you're considering investing in Laxmi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Laxmi Organic stands at 242.70, as last reported on the 20th of December, with the highest price reaching 252.40 and the lowest price hitting 241.05 during the day. Laxmi Organic Industries has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Laxmi Organic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Laxmi Organic's Risk Adjusted Performance of (0.08), standard deviation of 2.35, and Mean Deviation of 1.88 to check out the risk estimate we provide.
  
Laxmi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1091

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Estimated Market Risk

 2.35
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Laxmi Organic 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 Laxmi Organic by adding Laxmi Organic to a well-diversified portfolio.

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Laxmi Organic Valuation on March 4, 2024

It is possible to determine the worth of Laxmi Organic on a given historical date. On March 4, 2024 Laxmi was worth 257.86 at the beginning of the trading date compared to the closed value of 254.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laxmi Organic stock. Still, in general, we apply an absolute valuation method to find Laxmi Organic'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 Laxmi Organic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laxmi Organic's related companies.
 Open High Low Close Volume
  257.05    260.05    255.00    257.45    95,100  
03/04/2024
  257.86    257.86    253.42    254.06    283,697  
  253.42    258.60    252.17    253.32    508,130  
Backtest Laxmi Organic  |  Laxmi Organic History  |  Laxmi Organic Valuation   PreviousNext  
Open Value
257.86
250.81
Downside
254.06
Closing Value
264.91
Upside

Laxmi Organic Trading Date Momentum on March 4, 2024

On March 05 2024 Laxmi Organic Industries was traded for  253.32  at the closing time. The highest price during the trading period was 258.60  and the lowest recorded bid was listed for  252.17 . The volume for the day was 508.1 K. This history from March 5, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.29% . The trading delta at closing time to the current price is 10.07% .

Laxmi Organic Industries Fundamentals Correlations and Trends

By evaluating Laxmi Organic'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 Laxmi Organic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laxmi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Laxmi Organic Stock history

Laxmi Organic 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 Laxmi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laxmi Organic 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 Laxmi Organic stock prices may prove useful in developing a viable investing in Laxmi Organic

Laxmi Organic Stock Technical Analysis

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

Laxmi Organic Period Price Range

Low
December 20, 2024
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High

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Laxmi Organic Industries 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.

Laxmi Organic December 20, 2024 Market Strength

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

Laxmi Organic Technical and Predictive Indicators

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

Complementary Tools for Laxmi Stock analysis

When running Laxmi Organic's price analysis, check to measure Laxmi Organic'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 Laxmi Organic is operating at the current time. Most of Laxmi Organic's value examination focuses on studying past and present price action to predict the probability of Laxmi Organic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laxmi Organic's price. Additionally, you may evaluate how the addition of Laxmi Organic to your portfolios can decrease your overall portfolio volatility.
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