Maithan Alloys (India) Price on August 30, 2024

MAITHANALL   1,015  71.35  0.14%   
If you're considering investing in Maithan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Maithan Alloys stands at 1,112, as last reported on the 27th of December, with the highest price reaching 1,123 and the lowest price hitting 1,105 during the day. Maithan Alloys has Sharpe Ratio of -0.0219, which conveys that the firm had a -0.0219% return per unit of risk over the last 3 months. Maithan Alloys exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maithan Alloys' Risk Adjusted Performance of (0.01), standard deviation of 2.06, and Mean Deviation of 1.49 to check out the risk estimate we provide.
  
Maithan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0219

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Estimated Market Risk

 2.06
  actual daily
18
82% 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 Maithan Alloys 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 Maithan Alloys by adding Maithan Alloys to a well-diversified portfolio.

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Maithan Alloys Valuation on August 30, 2024

It is possible to determine the worth of Maithan Alloys on a given historical date. On August 30, 2024 Maithan was worth 1149.07 at the beginning of the trading date compared to the closed value of 1144.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Maithan Alloys stock. Still, in general, we apply an absolute valuation method to find Maithan Alloys' 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 Maithan Alloys where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Maithan Alloys' related companies.
 Open High Low Close Volume
  1,149    1,166    1,139    1,143    62,181  
08/30/2024
  1,149    1,156    1,139    1,145    35,953  
  1,155    1,161    1,134    1,140    45,817  
Backtest Maithan Alloys  |  Maithan Alloys History  |  Maithan Alloys Valuation   PreviousNext  
Open Value
1149.07
1144.75
Closing Value
1,155
Upside

Maithan Alloys Trading Date Momentum on August 30, 2024

On September 02 2024 Maithan Alloys Limited was traded for  1,140  at the closing time. The highest price during the trading period was 1,161  and the lowest recorded bid was listed for  1,134 . The volume for the day was 45.8 K. This history from September 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.37% . The trading delta at closing time to the current price is 3.60% .

Maithan Alloys Fundamentals Correlations and Trends

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

About Maithan Alloys Stock history

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

Maithan Alloys Stock Technical Analysis

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

Maithan Alloys Period Price Range

Low
December 27, 2024
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Maithan Alloys 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.

Maithan Alloys December 27, 2024 Market Strength

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

Maithan Alloys Technical and Predictive Indicators

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

Maithan Alloys financial ratios help investors to determine whether Maithan 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 Maithan with respect to the benefits of owning Maithan Alloys security.