Music Broadcast (India) Price on October 22, 2024
| RADIOCITY | 12.50 0.26 2.12% |
Below is the normalized historical share price chart for Music Broadcast Limited extending back to March 17, 2017. 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 Music Broadcast stands at 12.50, as last reported on the 29th of November, with the highest price reaching 12.72 and the lowest price hitting 12.27 during the day.
If you're considering investing in Music Stock, it is important to understand the factors that can impact its price. Music Broadcast has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Music Broadcast exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Music Broadcast's Risk Adjusted Performance of (0.16), standard deviation of 1.92, and Mean Deviation of 1.37 to check out the risk estimate we provide.
As of now, Music Broadcast's Common Stock Shares Outstanding is increasing as compared to previous years. The Music Broadcast's current Stock Based Compensation is estimated to increase to about 1.5 M, while Total Stockholder Equity is projected to decrease to under 4.1 B. . Music Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 16.5381 | 50 Day MA 14.6344 | Beta 0.273 |
Music |
Sharpe Ratio = -0.1933
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| Negative Returns | RADIOCITY |
Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Music Broadcast 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 Music Broadcast by adding Music Broadcast to a well-diversified portfolio.
Price Book 0.795 | Enterprise Value Ebitda 7.8024 | Price Sales 1.8194 | Shares Float 78.7 M | Wall Street Target Price 458.89 |
Music Broadcast Valuation on October 22, 2024
It is possible to determine the worth of Music Broadcast on a given historical date. On October 22, 2024 Music was worth 15.09 at the beginning of the trading date compared to the closed value of 14.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Music Broadcast stock. Still, in general, we apply an absolute valuation method to find Music Broadcast'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 Music Broadcast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Music Broadcast's related companies.
| Open | High | Low | Close | Volume | |
| 15.41 | 15.71 | 15.06 | 15.12 | 219,494 | |
10/22/2024 | 15.09 | 15.17 | 14.25 | 14.33 | 512,016 |
| 14.44 | 14.45 | 14.01 | 14.25 | 222,229 |
| Backtest Music Broadcast | | | Music Broadcast History | | | Music Broadcast Valuation | Previous | Next |
Music Broadcast Trading Date Momentum on October 22, 2024
| On October 23 2024 Music Broadcast Limited was traded for 14.25 at the closing time. The highest price during the trading period was 14.45 and the lowest recorded bid was listed for 14.01 . The volume for the day was 222.2 K. This history from October 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.56% . The trading delta at closing time to the current price is 7.40% . |
Music Broadcast Fundamentals Correlations and Trends
By evaluating Music Broadcast'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 Music Broadcast's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Music financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Music Broadcast Stock history
Music Broadcast 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 Music is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Music Broadcast 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 Music Broadcast stock prices may prove useful in developing a viable investing in Music Broadcast
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 342.2 M | 373.2 M | |
| Net Income Applicable To Common Shares | 31 M | 29.4 M |
Music Broadcast Quarterly Net Working Capital |
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Music Broadcast Stock Technical Analysis
Music Broadcast 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
Music Broadcast Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Music Broadcast 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.
Music Broadcast November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Music Broadcast stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Music Broadcast shares will generate the highest return on investment. By undertsting and applying Music Broadcast stock market strength indicators, traders can identify Music Broadcast Limited entry and exit signals to maximize returns
Music Broadcast Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Music Broadcast's price direction in advance. Along with the technical and fundamental analysis of Music Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Music 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 | (0.16) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.84) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Music Stock analysis
When running Music Broadcast's price analysis, check to measure Music Broadcast'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 Music Broadcast is operating at the current time. Most of Music Broadcast's value examination focuses on studying past and present price action to predict the probability of Music Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Music Broadcast's price. Additionally, you may evaluate how the addition of Music Broadcast to your portfolios can decrease your overall portfolio volatility.
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