MIRC Electronics (India) Price on August 19, 2024
| MIRCELECTR | 24.16 0.80 3.42% |
Below is the normalized historical share price chart for MIRC Electronics Limited extending back to January 04, 1995. 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 MIRC Electronics stands at 24.16, as last reported on the 8th of January, with the highest price reaching 24.44 and the lowest price hitting 23.54 during the day.
If you're considering investing in MIRC Stock, it is important to understand the factors that can impact its price. At this point, MIRC Electronics is not too volatile. MIRC Electronics has Sharpe Ratio of 0.0449, which conveys that the firm had a 0.0449% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for MIRC Electronics, which you can use to evaluate the volatility of the firm. Please verify MIRC Electronics' risk adjusted performance of 0.0308, and Mean Deviation of 2.37 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
At present, MIRC Electronics' Liabilities And Stockholders Equity is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.4 B, whereas Common Stock is forecasted to decline to about 200.6 M. . MIRC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.7362 | 50 Day MA 22.134 | Beta 1.028 |
MIRC |
Sharpe Ratio = 0.0449
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| Cash | Small Risk | MIRCELECTR | High Risk | Huge Risk |
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Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average MIRC Electronics is performing at about 3% 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 MIRC Electronics by adding it to a well-diversified portfolio.
Price Book 4.1319 | Book Value 5.803 | Enterprise Value 6.4 B | Enterprise Value Ebitda 99.6875 | Price Sales 0.5749 |
MIRC Electronics Valuation on August 19, 2024
It is possible to determine the worth of MIRC Electronics on a given historical date. On August 19, 2024 MIRC was worth 23.29 at the beginning of the trading date compared to the closed value of 24.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MIRC Electronics stock. Still, in general, we apply an absolute valuation method to find MIRC Electronics' 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 MIRC Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MIRC Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 20.96 | 23.00 | 20.92 | 22.98 | 3,364,507 | |
08/19/2024 | 23.29 | 24.50 | 22.05 | 24.02 | 2,455,333 |
| 23.95 | 26.42 | 23.28 | 26.42 | 5,706,510 |
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MIRC Electronics Trading Date Momentum on August 19, 2024
| On August 20 2024 MIRC Electronics Limited was traded for 26.42 at the closing time. The highest price during the trading period was 26.42 and the lowest recorded bid was listed for 23.28 . The volume for the day was 5.7 M. This history from August 20, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 9.99% . The trading delta at closing time to the current price is 20.23% . |
MIRC Electronics Fundamentals Correlations and Trends
By evaluating MIRC Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MIRC Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MIRC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MIRC Electronics Stock history
MIRC Electronics 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 MIRC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MIRC Electronics 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 MIRC Electronics stock prices may prove useful in developing a viable investing in MIRC Electronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 265.6 M | 205 M | |
| Net Loss | -143.4 M | -150.6 M |
MIRC Electronics Quarterly Net Working Capital |
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MIRC Electronics Stock Technical Analysis
MIRC Electronics 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
MIRC Electronics Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
MIRC Electronics 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.
MIRC Electronics January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how MIRC Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MIRC Electronics shares will generate the highest return on investment. By undertsting and applying MIRC Electronics stock market strength indicators, traders can identify MIRC Electronics Limited entry and exit signals to maximize returns
MIRC Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MIRC Electronics' price direction in advance. Along with the technical and fundamental analysis of MIRC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MIRC 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 | 0.0308 | |||
| Jensen Alpha | 0.0779 | |||
| Total Risk Alpha | 0.0799 | |||
| Sortino Ratio | 0.0277 | |||
| Treynor Ratio | 0.838 |
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| Volume Indicators |
Complementary Tools for MIRC Stock analysis
When running MIRC Electronics' price analysis, check to measure MIRC Electronics' 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 MIRC Electronics is operating at the current time. Most of MIRC Electronics' value examination focuses on studying past and present price action to predict the probability of MIRC Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIRC Electronics' price. Additionally, you may evaluate how the addition of MIRC Electronics to your portfolios can decrease your overall portfolio volatility.
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