Makemytrip Limited Stock Price on May 20, 2024

MMYT Stock  USD 111.00  2.00  1.77%   
Below is the normalized historical share price chart for MakeMyTrip Limited extending back to August 12, 2010. 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 MakeMyTrip stands at 111.00, as last reported on the 22nd of December, with the highest price reaching 113.20 and the lowest price hitting 109.62 during the day.
IPO Date
12th of August 2010
200 Day MA
89.5227
50 Day MA
108.1918
Beta
1.274
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MakeMyTrip Stock, it is important to understand the factors that can impact its price. Currently, MakeMyTrip Limited is very steady. MakeMyTrip Limited has Sharpe Ratio of 0.0206, which conveys that the firm had a 0.0206% return per unit of risk over the last 3 months. We have found thirty technical indicators for MakeMyTrip, which you can use to evaluate the volatility of the firm. Please verify MakeMyTrip's Mean Deviation of 2.49, risk adjusted performance of 0.0344, and Downside Deviation of 3.73 to check out if the risk estimate we provide is consistent with the expected return of 0.0738%.
  
At this time, MakeMyTrip's Capital Stock is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.05 in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 72 M in 2024. . At this time, MakeMyTrip's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 7.71 in 2024, whereas Price Sales Ratio is likely to drop 7.78 in 2024. MakeMyTrip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0206

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskMMYTHuge Risk
Negative Returns

Estimated Market Risk

 3.58
  actual daily
31
69% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average MakeMyTrip is performing at about 1% 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 MakeMyTrip by adding it to a well-diversified portfolio.
Price Book
10.4493
Enterprise Value Ebitda
68.662
Price Sales
13.8065
Shares Float
55.9 M
Wall Street Target Price
111.1111

Related Headline

Inspirato Headline on 20th of May 2024

Disposition of 724 shares by Institutional Venture Partners ...
by Institutional Venture Partners Xiii, L.p.
Filed transaction by Inspirato 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

MakeMyTrip Valuation on May 20, 2024

It is possible to determine the worth of MakeMyTrip on a given historical date. On May 20, 2024 MakeMyTrip was worth 86.23 at the beginning of the trading date compared to the closed value of 89.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MakeMyTrip stock. Still, in general, we apply an absolute valuation method to find MakeMyTrip'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 MakeMyTrip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MakeMyTrip's related companies.
 Open High Low Close Volume
  84.50    88.56    84.40    86.50    687,015  
05/20/2024
  86.23    89.83    85.60    89.71    896,418  
  88.44    88.50    81.21    81.73    1,277,170  
Backtest MakeMyTrip  |  MakeMyTrip History  |  MakeMyTrip Valuation   PreviousNext  
Open Value
86.23
89.71
Closing Value
96.96
Upside

MakeMyTrip Trading Date Momentum on May 20, 2024

On May 21 2024 MakeMyTrip Limited was traded for  81.73  at the closing time. The top price for the day was 88.50  and the lowest listed price was  81.21 . The trading volume for the day was 1.3 M. The trading history from May 21, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 8.90% . The trading delta at closing time against the current closing price is 15.26% .

MakeMyTrip Limited Fundamentals Correlations and Trends

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

About MakeMyTrip Stock history

MakeMyTrip 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 MakeMyTrip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MakeMyTrip Limited 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 MakeMyTrip stock prices may prove useful in developing a viable investing in MakeMyTrip
Last ReportedProjected for Next Year
Common Stock Shares Outstanding118.2 M72 M
Net Loss-10.2 M-10.7 M

MakeMyTrip Quarterly Net Working Capital

642.64 Million

MakeMyTrip Stock Technical Analysis

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

MakeMyTrip Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MakeMyTrip Limited cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. 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.

MakeMyTrip December 22, 2024 Market Strength

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

MakeMyTrip Technical and Predictive Indicators

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

Additional Tools for MakeMyTrip Stock Analysis

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