Praj Industries (India) Price on December 10, 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.
200 Day MA
673.6517
50 Day MA
761.245
Beta
0.784
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 twenty-nine technical indicators for Praj Industries, which you can use to evaluate the volatility of the company. Please check Praj Industries' Risk Adjusted Performance of 0.0581, semi deviation of 1.95, and Coefficient Of Variation of 1559.14 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.

Sharpe Ratio = 0.0497

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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

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Praj Industries Valuation on December 10, 2023

It is possible to determine the worth of Praj Industries on a given historical date. On December 10, 2023 Praj was worth 570.09 at the beginning of the trading date compared to the closed value of 540.39. 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
  625.61    628.58    579.01    602.31    4,580,644  
12/08/2023
  570.09    581.39    518.13    540.39    12,289,856  
  531.42    549.86    522.74    544.51    4,749,117  
Backtest Praj Industries  |  Praj Industries History  |  Praj Industries Valuation   PreviousNext  
Open Value
570.09
561.27
Downside
540.39
Closing Value
578.91
Upside

Praj Industries Trading Date Momentum on December 10, 2023

On December 11 2023 Praj Industries Limited was traded for  544.51  at the closing time. The highest price during the trading period was 549.86  and the lowest recorded bid was listed for  522.74 . The volume for the day was 4.7 M. This history from December 11, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.76% . The trading delta at closing time to the current price is 7.33% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding183.7 M197.5 M
Net Income Applicable To Common Shares2.8 B2.9 B

Praj Industries Quarterly Net Working Capital

7.65 Billion

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.
A focus of Praj Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Praj Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Praj Industries Period Price Range

Low
December 23, 2024
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High

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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.

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.
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