Manaksia Coated (India) Price on May 10, 2024
| MANAKCOAT | 110.45 1.10 0.99% |
If you're considering investing in Manaksia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Manaksia Coated stands at 110.45, as last reported on the 13th of January 2025, with the highest price reaching 110.50 and the lowest price hitting 109.45 during the day. Manaksia Coated appears to be very steady, given 3 months investment horizon. Manaksia Coated Metals has Sharpe Ratio of 0.33, which conveys that the firm had a 0.33% return per unit of risk over the last 3 months. By analyzing Manaksia Coated's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please exercise Manaksia Coated's Downside Deviation of 2.65, risk adjusted performance of 0.2771, and Mean Deviation of 2.46 to check out if our risk estimates are consistent with your expectations.
Manaksia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Manaksia |
Sharpe Ratio = 0.3284
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Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Manaksia Coated is performing at about 25% of its full potential. 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 Manaksia Coated by adding it to a well-diversified portfolio.
Manaksia Coated Valuation on May 10, 2024
It is possible to determine the worth of Manaksia Coated on a given historical date. On May 10, 2024 Manaksia was worth 53.96 at the beginning of the trading date compared to the closed value of 52.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Manaksia Coated stock. Still, in general, we apply an absolute valuation method to find Manaksia Coated'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 Manaksia Coated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Manaksia Coated's related companies.
| Open | High | Low | Close | Volume | |
| 50.51 | 53.56 | 50.06 | 52.76 | 196,889 | |
05/10/2024 | 53.96 | 55.16 | 51.96 | 52.36 | 46,605 |
| 54.96 | 54.96 | 51.36 | 53.41 | 140,077 |
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Manaksia Coated Trading Date Momentum on May 10, 2024
| On May 13 2024 Manaksia Coated Metals was traded for 53.41 at the closing time. The highest price during the trading period was 54.96 and the lowest recorded bid was listed for 51.36 . The volume for the day was 140.1 K. This history from May 13, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 2.01% . The trading delta at closing time to the current price is 10.22% . |
Manaksia Coated Metals Fundamentals Correlations and Trends
By evaluating Manaksia Coated'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 Manaksia Coated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Manaksia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Manaksia Coated Stock history
Manaksia Coated 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 Manaksia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manaksia Coated Metals 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 Manaksia Coated stock prices may prove useful in developing a viable investing in Manaksia Coated
Manaksia Coated Stock Technical Analysis
Manaksia Coated 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
Manaksia Coated Period Price Range
Low | January 13, 2025
| High |
0.00 | 0.00 |
Manaksia Coated Metals 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.
Manaksia Coated January 13, 2025 Market Strength
Market strength indicators help investors to evaluate how Manaksia Coated stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Manaksia Coated shares will generate the highest return on investment. By undertsting and applying Manaksia Coated stock market strength indicators, traders can identify Manaksia Coated Metals entry and exit signals to maximize returns
Manaksia Coated Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Manaksia Coated's price direction in advance. Along with the technical and fundamental analysis of Manaksia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Manaksia 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 | 0.2771 | |||
| Jensen Alpha | 0.9571 | |||
| Total Risk Alpha | 1.0 | |||
| Sortino Ratio | 0.3661 | |||
| Treynor Ratio | (5.78) |
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Other Information on Investing in Manaksia Stock
Manaksia Coated financial ratios help investors to determine whether Manaksia 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 Manaksia with respect to the benefits of owning Manaksia Coated security.