Refex Industries (India) Price on September 6, 2024
| REFEX Stock | 494.20 23.50 4.99% |
Below is the normalized historical share price chart for Refex Industries Limited extending back to December 03, 2009. 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 Refex Industries stands at 494.20, as last reported on the 29th of November, with the highest price reaching 494.20 and the lowest price hitting 470.00 during the day.
If you're considering investing in Refex Stock, it is important to understand the factors that can impact its price. Refex Industries appears to be very steady, given 3 months investment horizon. Refex Industries maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Refex Industries' technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please evaluate Refex Industries' Risk Adjusted Performance of 0.157, semi deviation of 1.91, and Coefficient Of Variation of 514.44 to confirm if our risk estimates are consistent with your expectations.
At this time, Refex Industries' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 116.8 M, while Common Stock is likely to drop about 190.1 M. . Refex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 274.9121 | 50 Day MA 494.775 | Beta 2.642 |
Refex |
Sharpe Ratio = 0.192
| Best Portfolio | Best Equity | |||
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| Small Returns | REFEX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Refex Industries is performing at about 15% 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 Refex Industries by adding it to a well-diversified portfolio.
Price Book 9.9215 | Book Value 40.247 | Enterprise Value 62.8 B | Enterprise Value Ebitda 35.1325 | Price Sales 4.0164 |
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Refex Industries Valuation on September 6, 2024
It is possible to determine the worth of Refex Industries on a given historical date. On September 6, 2024 Refex was worth 402.0 at the beginning of the trading date compared to the closed value of 409.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Refex Industries stock. Still, in general, we apply an absolute valuation method to find Refex 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 Refex Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Refex Industries' related companies.
| Open | High | Low | Close | Volume | |
| 384.70 | 416.00 | 382.00 | 396.75 | 4,262,297 | |
09/06/2024 | 402.00 | 419.25 | 395.00 | 409.85 | 2,903,420 |
| 411.00 | 413.60 | 390.00 | 394.70 | 970,092 |
| Backtest Refex Industries | | | Refex Industries History | | | Refex Industries Valuation | Previous | Next |
Refex Industries Trading Date Momentum on September 6, 2024
| On September 09 2024 Refex Industries Limited was traded for 394.70 at the closing time. The highest price during the trading period was 413.60 and the lowest recorded bid was listed for 390.00 . The volume for the day was 970.1 K. This history from September 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.70% . The trading delta at closing time to the current price is 21.26% . |
Refex Industries Fundamentals Correlations and Trends
By evaluating Refex 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 Refex Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Refex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Refex Industries Stock history
Refex 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 Refex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Refex 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 Refex Industries stock prices may prove useful in developing a viable investing in Refex Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 111.2 M | 116.8 M | |
| Net Income Applicable To Common Shares | 1.3 B | 1.4 B |
Refex Industries Quarterly Net Working Capital |
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Refex Industries Stock Technical Analysis
Refex 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
Refex Industries Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Refex 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.
Refex Industries November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Refex 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 Refex Industries shares will generate the highest return on investment. By undertsting and applying Refex Industries stock market strength indicators, traders can identify Refex Industries Limited entry and exit signals to maximize returns
Refex Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Refex Industries' price direction in advance. Along with the technical and fundamental analysis of Refex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Refex 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 | 0.157 | |||
| Jensen Alpha | 0.7069 | |||
| Total Risk Alpha | 0.1609 | |||
| Sortino Ratio | 0.2704 | |||
| Treynor Ratio | 2.1 |
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Other Information on Investing in Refex Stock
Refex Industries financial ratios help investors to determine whether Refex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Refex with respect to the benefits of owning Refex Industries security.