NIIT (India) Price on October 8, 2024
| NIITLTD Stock | 216.33 0.53 0.25% |
Below is the normalized historical share price chart for NIIT Limited extending back to January 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 NIIT stands at 216.33, as last reported on the 12th of December 2024, with the highest price reaching 222.79 and the lowest price hitting 212.70 during the day.
If you're considering investing in NIIT Stock, it is important to understand the factors that can impact its price. NIIT appears to be very steady, given 3 months investment horizon. NIIT Limited has Sharpe Ratio of 0.091, which conveys that the firm had a 0.091% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for NIIT, which you can use to evaluate the volatility of the firm. Please exercise NIIT's mean deviation of 2.67, and Risk Adjusted Performance of 0.0678 to check out if our risk estimates are consistent with your expectations.
At present, NIIT's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 326.2 M, whereas Other Stockholder Equity is forecasted to decline to about 263.4 M. . NIIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 136.6076 | 50 Day MA 182.5304 | Beta 0.189 |
NIIT |
Sharpe Ratio = 0.091
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NIITLTD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average NIIT is performing at about 7% 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 NIIT by adding it to a well-diversified portfolio.
Price Book 2.7763 | Enterprise Value Ebitda 27.4619 | Price Sales 8.6314 | Shares Float 65.8 M | Dividend Share 0.75 |
NIIT Valuation on October 8, 2024
It is possible to determine the worth of NIIT on a given historical date. On October 8, 2024 NIIT was worth 158.4 at the beginning of the trading date compared to the closed value of 161.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIIT stock. Still, in general, we apply an absolute valuation method to find NIIT'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 NIIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIIT's related companies.
| Open | High | Low | Close | Volume | |
| 164.20 | 168.00 | 155.04 | 157.90 | 999,174 | |
10/08/2024 | 158.40 | 162.88 | 156.00 | 161.52 | 1,029,769 |
| 162.78 | 166.50 | 160.00 | 160.86 | 726,759 |
| Backtest NIIT | | | NIIT History | | | NIIT Valuation | Previous | Next |
NIIT Trading Date Momentum on October 8, 2024
| On October 09 2024 NIIT Limited was traded for 160.86 at the closing time. The highest price during the trading period was 166.50 and the lowest recorded bid was listed for 160.00 . The volume for the day was 726.8 K. This history from October 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.41% . The trading delta at closing time to the current price is 2.71% . |
NIIT Limited Fundamentals Correlations and Trends
By evaluating NIIT'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 NIIT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NIIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NIIT Stock history
NIIT 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 NIIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NIIT 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 NIIT stock prices may prove useful in developing a viable investing in NIIT
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 136.5 M | 160.7 M | |
| Net Income Applicable To Common Shares | 36.5 M | 34.7 M |
NIIT Quarterly Net Working Capital |
|
NIIT Stock Technical Analysis
NIIT 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
NIIT Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
NIIT 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.
NIIT December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how NIIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIIT shares will generate the highest return on investment. By undertsting and applying NIIT stock market strength indicators, traders can identify NIIT Limited entry and exit signals to maximize returns
NIIT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIIT's price direction in advance. Along with the technical and fundamental analysis of NIIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIIT 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 | 0.0678 | |||
| Jensen Alpha | 9.0E-4 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0674 | |||
| Treynor Ratio | 0.1148 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NIIT Stock analysis
When running NIIT's price analysis, check to measure NIIT'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 NIIT is operating at the current time. Most of NIIT's value examination focuses on studying past and present price action to predict the probability of NIIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIIT's price. Additionally, you may evaluate how the addition of NIIT to your portfolios can decrease your overall portfolio volatility.
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Transaction History View history of all your transactions and understand their impact on performance |