NMDC Steel (India) Price on September 18, 2024
| NSLNISP Stock | 45.98 0.01 0.02% |
If you're considering investing in NMDC Stock, it is important to understand the factors that can impact its price. As of today, the current price of NMDC Steel stands at 45.98, as last reported on the 1st of December, with the highest price reaching 46.40 and the lowest price hitting 45.72 during the day. NMDC Steel Limited has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. NMDC Steel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NMDC Steel's risk adjusted performance of (0.09), and Mean Deviation of 1.43 to check out the risk estimate we provide.
At this time, NMDC Steel's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 12/01/2024, Common Stock is likely to grow to about 35.4 B, while Total Stockholder Equity is likely to drop slightly above 77.9 B. . NMDC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NMDC |
Sharpe Ratio = -0.1066
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Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NMDC Steel 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 NMDC Steel by adding NMDC Steel to a well-diversified portfolio.
Price Book 0.9393 | Book Value 52.85 | Enterprise Value 192.3 B | Enterprise Value Ebitda (49.24) | Price Sales 2.7321 |
NMDC Steel Valuation on September 18, 2024
It is possible to determine the worth of NMDC Steel on a given historical date. On September 18, 2024 NMDC was worth 52.41 at the beginning of the trading date compared to the closed value of 51.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NMDC Steel stock. Still, in general, we apply an absolute valuation method to find NMDC Steel'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 Steel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NMDC Steel's related companies.
| Open | High | Low | Close | Volume | |
| 53.44 | 53.44 | 52.25 | 52.41 | 2,742,351 | |
09/18/2024 | 52.41 | 52.65 | 51.80 | 51.89 | 2,660,169 |
| 52.15 | 52.42 | 49.90 | 50.44 | 5,457,339 |
| Backtest NMDC Steel | | | NMDC Steel History | | | NMDC Steel Valuation | Previous | Next |
NMDC Steel Trading Date Momentum on September 18, 2024
| On September 19 2024 NMDC Steel Limited was traded for 50.44 at the closing time. The highest price during the trading period was 52.42 and the lowest recorded bid was listed for 49.90 . The volume for the day was 5.5 M. This history from September 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.79% . The trading delta at closing time to the current price is 3.01% . |
NMDC Steel Limited Fundamentals Correlations and Trends
By evaluating NMDC Steel'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 Steel'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 Steel Stock history
NMDC Steel 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 Steel 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 Steel stock prices may prove useful in developing a viable investing in NMDC Steel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.6 B | 2.3 B |
NMDC Steel Stock Technical Analysis
NMDC Steel 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 Steel Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
NMDC Steel 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 Steel December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how NMDC Steel 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 Steel shares will generate the highest return on investment. By undertsting and applying NMDC Steel stock market strength indicators, traders can identify NMDC Steel Limited entry and exit signals to maximize returns
NMDC Steel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NMDC Steel'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 | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.70) |
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Additional Tools for NMDC Stock Analysis
When running NMDC Steel's price analysis, check to measure NMDC Steel'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 Steel is operating at the current time. Most of NMDC Steel's value examination focuses on studying past and present price action to predict the probability of NMDC Steel'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 Steel's price. Additionally, you may evaluate how the addition of NMDC Steel to your portfolios can decrease your overall portfolio volatility.