MakeMyTrip (Germany) Price on November 6, 2023

MY1 Stock  EUR 107.25  1.35  1.24%   
If you're considering investing in MakeMyTrip Stock, it is important to understand the factors that can impact its price. As of today, the current price of MakeMyTrip stands at 107.25, as last reported on the 23rd of December, with the highest price reaching 107.65 and the lowest price hitting 107.15 during the day. MakeMyTrip appears to be very steady, given 3 months investment horizon. MakeMyTrip Limited has Sharpe Ratio of 0.0565, which conveys that the firm had a 0.0565% 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 exercise MakeMyTrip's Risk Adjusted Performance of 0.0615, downside deviation of 2.92, and Mean Deviation of 2.59 to check out if our risk estimates are consistent with your expectations.
  
MakeMyTrip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0565

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMY1
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.48
  actual daily
30
70% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average MakeMyTrip is performing at about 4% 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.

MakeMyTrip Valuation on November 6, 2023

It is possible to determine the worth of MakeMyTrip on a given historical date. On November 6, 2023 MakeMyTrip was worth 36.8 at the beginning of the trading date compared to the closed value of 37.0. 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
  36.40    36.40    36.40    36.40    200.00  
11/06/2023
  36.80    37.00    36.80    37.00    49.00  
  38.00    38.00    38.00    38.00    49.00  
Backtest MakeMyTrip  |  MakeMyTrip History  |  MakeMyTrip Valuation   PreviousNext  
Open Value
36.8
37.0
Closing Value
47.24
Upside

MakeMyTrip Trading Date Momentum on November 6, 2023

On November 07 2023 MakeMyTrip Limited was traded for  38.00  at the closing time. The highest daily price throughout the period was 38.00  and the lowest price was  38.00 . The daily volume was 49.0. The net trading volume on 11/07/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.70% . The trading delta at closing time to current closing price is 6.49% .

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
MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and internationally. The company was founded in 2000 and is based in Gurgaon, India. MakeMyTrip operates under Leisure classification in Germany and traded on Frankfurt Stock Exchange. It employs 3426 people.

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 23, 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 Frankfurt 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 23, 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.

Complementary 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.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Valuation
Check real value of public entities based on technical and fundamental data
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios