NMDC (India) Price on May 7, 2024
| NMDC Stock | 69.32 2.16 3.02% |
Below is the normalized historical share price chart for NMDC Limited extending back to March 03, 2008. 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 NMDC stands at 69.32, as last reported on the 29th of December, with the highest price reaching 72.10 and the lowest price hitting 69.13 during the day.
If you're considering investing in NMDC Stock, it is important to understand the factors that can impact its price. NMDC is slightly risky given 3 months investment horizon. NMDC Limited has Sharpe Ratio of 0.0698, which conveys that the firm had a 0.0698% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.87% are justified by taking the suggested risk. Use NMDC Limited mean deviation of 6.4, and Risk Adjusted Performance of 0.0683 to evaluate company specific risk that cannot be diversified away.
Other Stockholder Equity is likely to gain to about 241.7 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 205.1 B in 2024. . NMDC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 78.625 | 50 Day MA 75.2879 | Beta 0.932 |
NMDC |
Sharpe Ratio = 0.0698
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Estimated Market Risk
| 26.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.87 actual daily | 37 63% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average NMDC is performing at about 5% 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 NMDC by adding it to a well-diversified portfolio.
Price Book 2.1483 | Enterprise Value Ebitda 5.5926 | Price Sales 2.7425 | Shares Float 1.1 B | Wall Street Target Price 80.8772 |
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NMDC Valuation on May 7, 2024
It is possible to determine the worth of NMDC on a given historical date. On May 7, 2024 NMDC was worth 89.55 at the beginning of the trading date compared to the closed value of 86.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NMDC stock. Still, in general, we apply an absolute valuation method to find NMDC'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 NMDC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NMDC's related companies.
| Open | High | Low | Close | Volume | |
| 89.95 | 90.45 | 85.41 | 89.19 | 79,577,118 | |
05/07/2024 | 89.55 | 89.55 | 85.49 | 86.33 | 60,243,729 |
| 85.49 | 88.86 | 85.49 | 88.32 | 34,629,336 |
| Backtest NMDC | | | NMDC History | | | NMDC Valuation | Previous | Next |
NMDC Trading Date Momentum on May 7, 2024
| On May 08 2024 NMDC Limited was traded for 88.32 at the closing time. The highest price during the trading period was 88.86 and the lowest recorded bid was listed for 85.49 . The volume for the day was 34.6 M. This history from May 8, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 2.31% . The trading delta at closing time to the current price is 2.00% . |
NMDC Limited Fundamentals Correlations and Trends
By evaluating NMDC'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 NMDC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NMDC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NMDC Stock history
NMDC 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 NMDC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NMDC 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 NMDC stock prices may prove useful in developing a viable investing in NMDC
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.6 B | 2.4 B | |
| Net Income Applicable To Common Shares | 64.4 B | 44 B |
NMDC Quarterly Net Working Capital |
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NMDC Stock Technical Analysis
NMDC 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
NMDC Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
NMDC 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.
NMDC December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how NMDC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NMDC shares will generate the highest return on investment. By undertsting and applying NMDC stock market strength indicators, traders can identify NMDC Limited entry and exit signals to maximize returns
NMDC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NMDC's price direction in advance. Along with the technical and fundamental analysis of NMDC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NMDC 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 | 0.0683 | |||
| Jensen Alpha | 1.9 | |||
| Total Risk Alpha | 1.18 | |||
| Sortino Ratio | 0.1606 | |||
| Treynor Ratio | 3.49 |
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Additional Tools for NMDC Stock Analysis
When running NMDC's price analysis, check to measure NMDC'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 NMDC is operating at the current time. Most of NMDC's value examination focuses on studying past and present price action to predict the probability of NMDC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NMDC's price. Additionally, you may evaluate how the addition of NMDC to your portfolios can decrease your overall portfolio volatility.