Sarthak Metals (India) Price on February 5, 2024
| SMLT Stock | 161.83 0.53 0.33% |
If you're considering investing in Sarthak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sarthak Metals stands at 161.83, as last reported on the 20th of December, with the highest price reaching 170.80 and the lowest price hitting 160.00 during the day. Currently, Sarthak Metals Limited is very steady. Sarthak Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0055, which indicates the firm had a 0.0055% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Sarthak Metals Limited, which you can use to evaluate the volatility of the company. Please validate Sarthak Metals' Variance of 14.71, coefficient of variation of (21,318), and Risk Adjusted Performance of 0.0042 to confirm if the risk estimate we provide is consistent with the expected return of 0.0214%.
Total Stockholder Equity is likely to gain to about 1.2 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 15.1 M in 2024. . Sarthak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sarthak |
Sharpe Ratio = 0.0055
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SMLT |
Estimated Market Risk
| 3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sarthak Metals 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 Sarthak Metals by adding Sarthak Metals to a well-diversified portfolio.
Price Book 1.8734 | Book Value 87.301 | Enterprise Value 1.8 B | Enterprise Value Ebitda 16.724 | Price Sales 0.9487 |
Sarthak Metals Valuation on February 5, 2024
It is possible to determine the worth of Sarthak Metals on a given historical date. On February 5, 2024 Sarthak was worth 359.9 at the beginning of the trading date compared to the closed value of 331.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sarthak Metals stock. Still, in general, we apply an absolute valuation method to find Sarthak Metals' 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 Sarthak Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sarthak Metals' related companies.
| Open | High | Low | Close | Volume | |
| 327.95 | 331.20 | 319.85 | 325.75 | 42,359 | |
02/05/2024 | 359.90 | 361.25 | 326.00 | 331.40 | 96,632 |
| 339.90 | 397.65 | 333.50 | 391.45 | 643,868 |
| Backtest Sarthak Metals | | | Sarthak Metals History | | | Sarthak Metals Valuation | Previous | Next |
Sarthak Metals Trading Date Momentum on February 5, 2024
| On February 06 2024 Sarthak Metals Limited was traded for 391.45 at the closing time. The highest price during the trading period was 397.65 and the lowest recorded bid was listed for 333.50 . The volume for the day was 643.9 K. This history from February 6, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 18.12% . The trading price change to the current price is 17.79% . |
Sarthak Metals Fundamentals Correlations and Trends
By evaluating Sarthak Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sarthak Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sarthak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sarthak Metals Stock history
Sarthak Metals 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 Sarthak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sarthak Metals 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 Sarthak Metals stock prices may prove useful in developing a viable investing in Sarthak Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.7 M | 15.1 M | |
| Net Income Applicable To Common Shares | 342.3 M | 359.4 M |
Sarthak Metals Quarterly Net Working Capital |
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Sarthak Metals Stock Technical Analysis
Sarthak Metals 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
Sarthak Metals Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Sarthak Metals 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.
Sarthak Metals December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Sarthak Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sarthak Metals shares will generate the highest return on investment. By undertsting and applying Sarthak Metals stock market strength indicators, traders can identify Sarthak Metals Limited entry and exit signals to maximize returns
Sarthak Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sarthak Metals' price direction in advance. Along with the technical and fundamental analysis of Sarthak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sarthak 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 | 0.0042 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.13) |
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Additional Tools for Sarthak Stock Analysis
When running Sarthak Metals' price analysis, check to measure Sarthak Metals' 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 Sarthak Metals is operating at the current time. Most of Sarthak Metals' value examination focuses on studying past and present price action to predict the probability of Sarthak Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sarthak Metals' price. Additionally, you may evaluate how the addition of Sarthak Metals to your portfolios can decrease your overall portfolio volatility.