RITES (India) Price on September 25, 2024
| RITES Stock | 296.45 2.30 0.77% |
Below is the normalized historical share price chart for RITES Limited extending back to July 03, 2018. 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 RITES stands at 296.45, as last reported on the 14th of December 2024, with the highest price reaching 298.25 and the lowest price hitting 290.55 during the day.
If you're considering investing in RITES Stock, it is important to understand the factors that can impact its price. RITES Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.0795, which implies the firm had a -0.0795% return per unit of standard deviation over the last 3 months. RITES Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RITES's Coefficient Of Variation of (1,899), risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.26) to confirm the risk estimate we provide.
As of the 14th of December 2024, Total Stockholder Equity is likely to drop to about 23.5 B. In addition to that, Common Stock Shares Outstanding is likely to drop to about 294 M. RITES Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 330.1867 | 50 Day MA 291.82 | Beta 0.146 |
RITES |
Sharpe Ratio = -0.0795
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RITES |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average RITES 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 RITES by adding RITES to a well-diversified portfolio.
Price Book 5.515 | Enterprise Value Ebitda 17.3702 | Price Sales 6.1016 | Shares Float 133.5 M | Dividend Share 7.875 |
RITES Valuation on September 25, 2024
It is possible to determine the worth of RITES on a given historical date. On September 25, 2024 RITES was worth 355.68 at the beginning of the trading date compared to the closed value of 351.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of RITES stock. Still, in general, we apply an absolute valuation method to find RITES'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 RITES where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against RITES's related companies.
| Open | High | Low | Close | Volume | |
| 363.28 | 363.28 | 354.29 | 357.91 | 1,161,366 | |
09/25/2024 | 355.68 | 356.92 | 349.72 | 351.75 | 652,551 |
| 351.40 | 365.02 | 345.94 | 363.08 | 3,307,983 |
| Backtest RITES | | | RITES History | | | RITES Valuation | Previous | Next |
RITES Trading Date Momentum on September 25, 2024
| On September 26 2024 RITES Limited was traded for 363.08 at the closing time. The highest price during the trading period was 365.02 and the lowest recorded bid was listed for 345.94 . The volume for the day was 3.3 M. This history from September 26, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 3.22% . The trading delta at closing time to the current price is 9.98% . |
RITES Limited Fundamentals Correlations and Trends
By evaluating RITES'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 RITES's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. RITES financial account trend analysis is a perfect complement when working with valuation or volatility modules.About RITES Stock history
RITES 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 RITES is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in RITES Limited 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 RITES stock prices may prove useful in developing a viable investing in RITES
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 480.6 M | 294 M | |
| Net Income Applicable To Common Shares | 6.2 B | 4.8 B |
RITES Quarterly Net Working Capital |
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RITES Stock Technical Analysis
RITES 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
RITES Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
RITES 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.
RITES December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how RITES stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RITES shares will generate the highest return on investment. By undertsting and applying RITES stock market strength indicators, traders can identify RITES Limited entry and exit signals to maximize returns
RITES Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RITES's price direction in advance. Along with the technical and fundamental analysis of RITES Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RITES 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 | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.27) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in RITES Stock
RITES financial ratios help investors to determine whether RITES 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 RITES with respect to the benefits of owning RITES security.