MRF (India) Price on October 22, 2024
MRF Stock | 123,662 872.00 0.70% |
Below is the normalized historical share price chart for MRF Limited extending back to July 01, 2002. 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 MRF stands at 123,662, as last reported on the 29th of November, with the highest price reaching 124,690 and the lowest price hitting 123,458 during the day.
If you're considering investing in MRF Stock, it is important to understand the factors that can impact its price. MRF Limited has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. MRF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MRF's mean deviation of 0.8199, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide.
At present, MRF's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 175.3 B, whereas Common Stock is forecasted to decline to about 33.9 M. . MRF Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 132.5 K | 50 Day MA 128.6 K | Beta 0.4 |
MRF |
Sharpe Ratio = -0.118
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Negative Returns | MRF |
Estimated Market Risk
1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 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.
Price Book 2.9894 | Enterprise Value Ebitda 11.6991 | Price Sales 1.9668 | Shares Float 2.5 M | Dividend Share 200 |
MRF Main Headline on 22nd of October 2024
MRF to invest 7.26 crore in clean energy venture, shares in ... by news.google.com
MRF to invest 7.26 crore in clean energy venture, shares in red BusinessLine
MRF Valuation on October 22, 2024
It is possible to determine the worth of MRF on a given historical date. On October 22, 2024 MRF was worth 128990.0 at the beginning of the trading date compared to the closed value of 126407.0. 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 | |
130,100 | 132,000 | 128,051 | 128,243 | 9,788 | |
10/22/2024 | 128,990 | 128,990 | 126,100 | 126,407 | 5,713 |
126,100 | 126,755 | 124,988 | 125,494 | 6,712 |
Backtest MRF | | | MRF History | | | MRF Valuation | Previous | Next |
MRF Trading Date Momentum on October 22, 2024
On October 23 2024 MRF Limited was traded for 125,494 at the closing time. The highest price during the trading period was 126,755 and the lowest recorded bid was listed for 124,988 . The volume for the day was 6.7 K. This history from October 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.72% . The trading delta at closing time to the current price is 3.09% . |
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
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 3.8 M | 3.4 M | |
Net Income Applicable To Common Shares | 8.8 B | 9.3 B |
MRF Quarterly Net Working Capital |
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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.
Price Boundaries
MRF Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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 November 29, 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.
Risk Adjusted Performance | (0.12) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.44) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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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