Praj Industries (India) Price on September 11, 2023
| PRAJIND Stock | 810.15 9.85 1.20% |
Below is the normalized historical share price chart for Praj Industries Limited extending back to July 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 Praj Industries stands at 810.15, as last reported on the 23rd of December, with the highest price reaching 826.95 and the lowest price hitting 808.65 during the day.
If you're considering investing in Praj Stock, it is important to understand the factors that can impact its price. At this point, Praj Industries is very steady. Praj Industries maintains Sharpe Ratio (i.e., Efficiency) of 0.0497, which implies the firm had a 0.0497% return per unit of risk over the last 3 months. We have found thirty technical indicators for Praj Industries, which you can use to evaluate the volatility of the company. Please check Praj Industries' Semi Deviation of 1.95, coefficient of variation of 1559.14, and Risk Adjusted Performance of 0.0581 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, Praj Industries' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 403.4 M, whereas Other Stockholder Equity is forecasted to decline to about 1.3 B. . Praj Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 673.6517 | 50 Day MA 761.245 | Beta 0.784 |
Praj |
Sharpe Ratio = 0.0497
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | PRAJIND | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Praj Industries is performing at about 3% 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 Praj Industries by adding it to a well-diversified portfolio.
Price Book 11.4601 | Enterprise Value Ebitda 29.8942 | Price Sales 4.4388 | Shares Float 122.9 M | Wall Street Target Price 861.8 |
Praj Industries Valuation on September 11, 2023
It is possible to determine the worth of Praj Industries on a given historical date. On September 11, 2023 Praj was worth 544.31 at the beginning of the trading date compared to the closed value of 586.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Praj Industries stock. Still, in general, we apply an absolute valuation method to find Praj Industries' 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 Praj Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Praj Industries' related companies.
| Open | High | Low | Close | Volume | |
| 511.49 | 518.53 | 509.95 | 514.02 | 1,029,024 | |
09/11/2023 | 544.31 | 594.38 | 541.33 | 586.59 | 15,014,040 |
| 588.92 | 591.85 | 541.83 | 550.60 | 4,184,469 |
| Backtest Praj Industries | | | Praj Industries History | | | Praj Industries Valuation | Previous | Next |
Praj Industries Trading Date Momentum on September 11, 2023
| On September 12 2023 Praj Industries Limited was traded for 550.60 at the closing time. The highest price during the trading period was 591.85 and the lowest recorded bid was listed for 541.83 . The volume for the day was 4.2 M. This history from September 12, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 6.14% . The trading delta at closing time to the current price is 2.80% . |
Praj Industries Fundamentals Correlations and Trends
By evaluating Praj Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Praj Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Praj financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Praj Industries Stock history
Praj Industries 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 Praj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Praj Industries 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 Praj Industries stock prices may prove useful in developing a viable investing in Praj Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 183.7 M | 197.5 M | |
| Net Income Applicable To Common Shares | 2.8 B | 2.9 B |
Praj Industries Quarterly Net Working Capital |
|
Praj Industries Stock Technical Analysis
Praj Industries 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
Praj Industries Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Praj Industries 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.
Praj Industries December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Praj Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Praj Industries shares will generate the highest return on investment. By undertsting and applying Praj Industries stock market strength indicators, traders can identify Praj Industries Limited entry and exit signals to maximize returns
Praj Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Praj Industries' price direction in advance. Along with the technical and fundamental analysis of Praj Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Praj 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 | 0.0581 | |||
| Jensen Alpha | 0.1567 | |||
| Total Risk Alpha | 0.094 | |||
| Sortino Ratio | 0.07 | |||
| Treynor Ratio | 0.2157 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Praj Stock analysis
When running Praj Industries' price analysis, check to measure Praj Industries' 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 Praj Industries is operating at the current time. Most of Praj Industries' value examination focuses on studying past and present price action to predict the probability of Praj Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praj Industries' price. Additionally, you may evaluate how the addition of Praj Industries to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |