Southern Petrochemicals (India) Price on September 4, 2024
| SPIC Stock | 77.74 1.51 1.91% |
Below is the normalized historical share price chart for Southern Petrochemicals Industries 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 Southern Petrochemicals stands at 77.74, as last reported on the 19th of December, with the highest price reaching 79.75 and the lowest price hitting 77.15 during the day.
If you're considering investing in Southern Stock, it is important to understand the factors that can impact its price. Southern Petrochemicals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0492, which indicates the firm had a -0.0492% return per unit of risk over the last 3 months. Southern Petrochemicals Industries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern Petrochemicals' Risk Adjusted Performance of (0.05), coefficient of variation of (1,326), and Variance of 4.19 to confirm the risk estimate we provide.
At this time, Southern Petrochemicals' Total Stockholder Equity is comparatively stable compared to the past year. Preferred Stock Total Equity is likely to gain to about 121.8 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 7.9 B in 2024. . Southern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 80.615 | 50 Day MA 77.5028 | Beta 1.03 |
Southern |
Sharpe Ratio = -0.0492
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| Negative Returns | SPIC |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Southern Petrochemicals 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 Southern Petrochemicals by adding Southern Petrochemicals to a well-diversified portfolio.
Price Book 1.4052 | Book Value 52.82 | Enterprise Value 15.4 B | Enterprise Value Ebitda 6.3852 | Price Sales 0.7435 |
Southern Petrochemicals Valuation on September 4, 2024
It is possible to determine the worth of Southern Petrochemicals on a given historical date. On September 4, 2024 Southern was worth 87.28 at the beginning of the trading date compared to the closed value of 88.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southern Petrochemicals stock. Still, in general, we apply an absolute valuation method to find Southern Petrochemicals' 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 Southern Petrochemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southern Petrochemicals' related companies.
| Open | High | Low | Close | Volume | |
| 87.48 | 88.27 | 86.66 | 87.28 | 960,729 | |
09/04/2024 | 87.28 | 89.54 | 86.22 | 88.42 | 1,496,515 |
| 88.55 | 91.99 | 88.55 | 89.40 | 2,369,262 |
| Backtest Southern Petrochemicals | | | Southern Petrochemicals History | | | Southern Petrochemicals Valuation | Previous | Next |
Southern Petrochemicals Trading Date Momentum on September 4, 2024
| On September 05 2024 Southern Petrochemicals Industries was traded for 89.40 at the closing time. The highest price during the trading period was 91.99 and the lowest recorded bid was listed for 88.55 . The volume for the day was 2.4 M. This history from September 5, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 1.11% . The trading price change to the current price is 0.19% . |
Southern Petrochemicals Fundamentals Correlations and Trends
By evaluating Southern Petrochemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Southern Petrochemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southern Petrochemicals Stock history
Southern Petrochemicals 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 Southern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southern Petrochemicals 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 Southern Petrochemicals stock prices may prove useful in developing a viable investing in Southern Petrochemicals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 203.7 M | 206 M | |
| Net Income Applicable To Common Shares | 2.7 B | 2.8 B |
Southern Petrochemicals Stock Technical Analysis
Southern Petrochemicals 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
Southern Petrochemicals Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Southern Petrochemicals Industries 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.
Southern Petrochemicals December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Southern Petrochemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southern Petrochemicals shares will generate the highest return on investment. By undertsting and applying Southern Petrochemicals stock market strength indicators, traders can identify Southern Petrochemicals Industries entry and exit signals to maximize returns
Southern Petrochemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southern Petrochemicals' price direction in advance. Along with the technical and fundamental analysis of Southern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southern 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 | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.21) |
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Additional Tools for Southern Stock Analysis
When running Southern Petrochemicals' price analysis, check to measure Southern Petrochemicals' 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 Southern Petrochemicals is operating at the current time. Most of Southern Petrochemicals' value examination focuses on studying past and present price action to predict the probability of Southern Petrochemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Petrochemicals' price. Additionally, you may evaluate how the addition of Southern Petrochemicals to your portfolios can decrease your overall portfolio volatility.