MRF (India) Price on January 9, 2024

MRF Stock   131,554  350.00  0.27%   
If you're considering investing in MRF Stock, it is important to understand the factors that can impact its price. As of today, the current price of MRF stands at 131,554, as last reported on the 30th of December, with the highest price reaching 132,675 and the lowest price hitting 130,930 during the day. MRF Limited has Sharpe Ratio of -0.0879, which conveys that the firm had a -0.0879% return per unit of risk over the last 3 months. MRF exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MRF's mean deviation of 0.7839, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
  
MRF Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0879

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Estimated Market Risk

 1.09
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average MRF 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 MRF by adding MRF to a well-diversified portfolio.

MRF Valuation on January 9, 2024

It is possible to determine the worth of MRF on a given historical date. On January 9, 2024 MRF was worth 131808.0 at the beginning of the trading date compared to the closed value of 131500.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MRF stock. Still, in general, we apply an absolute valuation method to find MRF'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 MRF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MRF's related companies.
 Open High Low Close Volume
  133,206    133,405    131,009    131,728    7,613  
01/09/2024
  131,808    132,906    131,011    131,500    5,777  
  131,906    132,007    130,020    131,636    5,915  
Backtest MRF  |  MRF History  |  MRF Valuation   PreviousNext  
Open Value
131808.0
131,805
Downside
131500.0
Closing Value
131,811
Upside

MRF Trading Date Momentum on January 9, 2024

On January 10 2024 MRF Limited was traded for  131,636  at the closing time. The highest price during the trading period was 132,007  and the lowest recorded bid was listed for  130,020 . The volume for the day was 5.9 K. This history from January 10, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.10% . The trading delta at closing time to the current price is 5.55% .

MRF Limited Fundamentals Correlations and Trends

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

About MRF Stock history

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

MRF Stock Technical Analysis

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

MRF Period Price Range

Low
December 30, 2024
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High

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MRF 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.

MRF December 30, 2024 Market Strength

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

MRF Technical and Predictive Indicators

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

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