Summit Securities (India) Price on October 25, 2024
| SUMMITSEC | 3,042 34.95 1.14% |
Below is the normalized historical share price chart for Summit Securities Limited extending back to November 03, 1994. 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 Summit Securities stands at 3,042, as last reported on the 27th of December, with the highest price reaching 3,120 and the lowest price hitting 3,031 during the day.
If you're considering investing in Summit Stock, it is important to understand the factors that can impact its price. Summit Securities appears to be very steady, given 3 months investment horizon. Summit Securities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.062, which indicates the firm had a 0.062% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Summit Securities Limited, which you can use to evaluate the volatility of the company. Please review Summit Securities' Semi Deviation of 3.05, coefficient of variation of 1351.01, and Risk Adjusted Performance of 0.0667 to confirm if our risk estimates are consistent with your expectations.
At this time, Summit Securities' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 10.9 M in 2024, whereas Capital Stock is likely to drop slightly above 87.2 M in 2024. . Summit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.2 K | 50 Day MA 3.1 K | Beta 0.982 |
Summit |
Sharpe Ratio = 0.062
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Summit Securities is performing at about 4% 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 Summit Securities by adding it to a well-diversified portfolio.
Price Book 0.2987 | Book Value 10.3 K | Enterprise Value 33.1 B | Enterprise Value Ebitda 20.6611 | Price Sales 20.1095 |
Summit Securities Valuation on October 25, 2024
It is possible to determine the worth of Summit Securities on a given historical date. On October 25, 2024 Summit was worth 2746.4 at the beginning of the trading date compared to the closed value of 2571.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Summit Securities stock. Still, in general, we apply an absolute valuation method to find Summit Securities' 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 Summit Securities where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Summit Securities' related companies.
| Open | High | Low | Close | Volume | |
| 3,056 | 3,083 | 2,735 | 2,769 | 27,095 | |
10/25/2024 | 2,746 | 2,746 | 2,508 | 2,571 | 25,115 |
| 2,630 | 2,922 | 2,602 | 2,642 | 33,461 |
| Backtest Summit Securities | | | Summit Securities History | | | Summit Securities Valuation | Previous | Next |
Summit Securities Trading Date Momentum on October 25, 2024
| On October 28 2024 Summit Securities Limited was traded for 2,642 at the closing time. The highest price during the trading period was 2,922 and the lowest recorded bid was listed for 2,602 . The volume for the day was 33.5 K. This history from October 28, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 2.76% . The trading price change to the current price is 8.04% . |
Summit Securities Fundamentals Correlations and Trends
By evaluating Summit Securities' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Summit Securities' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Summit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Summit Securities Stock history
Summit Securities 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 Summit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Summit Securities 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 Summit Securities stock prices may prove useful in developing a viable investing in Summit Securities
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.8 M | 10.9 M | |
| Net Income Applicable To Common Shares | 426.2 M | 471.3 M |
Summit Securities Quarterly Net Working Capital |
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Summit Securities Stock Technical Analysis
Summit Securities 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
Summit Securities Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Summit Securities 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.
Summit Securities December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Summit Securities stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Summit Securities shares will generate the highest return on investment. By undertsting and applying Summit Securities stock market strength indicators, traders can identify Summit Securities Limited entry and exit signals to maximize returns
Summit Securities Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Summit Securities' price direction in advance. Along with the technical and fundamental analysis of Summit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Summit 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 | 0.0667 | |||
| Jensen Alpha | 0.2774 | |||
| Total Risk Alpha | 0.0631 | |||
| Sortino Ratio | 0.0656 | |||
| Treynor Ratio | (1.12) |
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Additional Tools for Summit Stock Analysis
When running Summit Securities' price analysis, check to measure Summit Securities' 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 Summit Securities is operating at the current time. Most of Summit Securities' value examination focuses on studying past and present price action to predict the probability of Summit Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Securities' price. Additionally, you may evaluate how the addition of Summit Securities to your portfolios can decrease your overall portfolio volatility.