Parag Milk (India) Price on September 5, 2024
| PARAGMILK | 194.82 3.63 1.83% |
Below is the normalized historical share price chart for Parag Milk Foods extending back to May 19, 2016. 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 Parag Milk stands at 194.82, as last reported on the 20th of December, with the highest price reaching 200.43 and the lowest price hitting 192.20 during the day.
If you're considering investing in Parag Stock, it is important to understand the factors that can impact its price. Parag Milk is very steady at the moment. Parag Milk Foods maintains Sharpe Ratio (i.e., Efficiency) of 0.0634, which implies the firm had a 0.0634% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Parag Milk Foods, which you can use to evaluate the volatility of the company. Please check Parag Milk's Coefficient Of Variation of 1607.54, semi deviation of 2.53, and Risk Adjusted Performance of 0.0566 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
As of now, Parag Milk's Other Stockholder Equity is increasing as compared to previous years. The Parag Milk's current Sale Purchase Of Stock is estimated to increase to about 2.2 B, while Total Stockholder Equity is projected to decrease to under 5.6 B. . Parag Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 197.9845 | 50 Day MA 207.8574 | Beta 0.782 |
Parag |
Sharpe Ratio = 0.0634
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Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.19 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 Parag Milk 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 Parag Milk by adding it to a well-diversified portfolio.
Price Book 2.4603 | Enterprise Value Ebitda 11.7573 | Price Sales 0.7346 | Shares Float 25.3 M | Dividend Share 0.5 |
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Parag Milk Valuation on September 5, 2024
It is possible to determine the worth of Parag Milk on a given historical date. On September 5, 2024 Parag was worth 193.19 at the beginning of the trading date compared to the closed value of 190.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parag Milk stock. Still, in general, we apply an absolute valuation method to find Parag Milk'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 Parag Milk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parag Milk's related companies.
| Open | High | Low | Close | Volume | |
| 189.95 | 193.25 | 188.86 | 192.09 | 339,032 | |
09/05/2024 | 193.19 | 194.30 | 190.30 | 190.89 | 356,179 |
| 191.39 | 192.00 | 186.31 | 186.99 | 409,653 |
| Backtest Parag Milk | | | Parag Milk History | | | Parag Milk Valuation | Previous | Next |
Parag Milk Trading Date Momentum on September 5, 2024
| On September 06 2024 Parag Milk Foods was traded for 186.99 at the closing time. The highest price during the trading period was 192.00 and the lowest recorded bid was listed for 186.31 . The volume for the day was 409.7 K. This history from September 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.04% . The trading delta at closing time to the current price is 1.88% . |
Parag Milk Foods Fundamentals Correlations and Trends
By evaluating Parag Milk'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 Parag Milk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parag financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parag Milk Stock history
Parag Milk 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 Parag is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parag Milk Foods 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 Parag Milk stock prices may prove useful in developing a viable investing in Parag Milk
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 123 M | 99.8 M | |
| Net Income Applicable To Common Shares | 479.3 M | 503.3 M |
Parag Milk Quarterly Net Working Capital |
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Parag Milk Stock Technical Analysis
Parag Milk 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
Parag Milk Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Parag Milk Foods 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.
Parag Milk December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Parag Milk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parag Milk shares will generate the highest return on investment. By undertsting and applying Parag Milk stock market strength indicators, traders can identify Parag Milk Foods entry and exit signals to maximize returns
Parag Milk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parag Milk's price direction in advance. Along with the technical and fundamental analysis of Parag Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parag 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 | 0.0566 | |||
| Jensen Alpha | 0.1527 | |||
| Total Risk Alpha | 0.0843 | |||
| Sortino Ratio | 0.0535 | |||
| Treynor Ratio | 0.2382 |
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Complementary Tools for Parag Stock analysis
When running Parag Milk's price analysis, check to measure Parag Milk'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 Parag Milk is operating at the current time. Most of Parag Milk's value examination focuses on studying past and present price action to predict the probability of Parag Milk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parag Milk's price. Additionally, you may evaluate how the addition of Parag Milk to your portfolios can decrease your overall portfolio volatility.
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