Syrma SGS (India) Price on November 18, 2024
| SYRMA Stock | 596.25 6.70 1.14% |
If you're considering investing in Syrma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Syrma SGS stands at 596.25, as last reported on the 30th of December, with the highest price reaching 604.30 and the lowest price hitting 583.00 during the day. Syrma SGS appears to be very steady, given 3 months investment horizon. Syrma SGS Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Syrma SGS's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Syrma SGS's Risk Adjusted Performance of 0.1274, coefficient of variation of 665.98, and Semi Deviation of 1.66 to confirm if our risk estimates are consistent with your expectations.
At this time, Syrma SGS's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 30th of December 2024, Stock Based Compensation is likely to grow to about 43.2 M, while Total Stockholder Equity is likely to drop about 8.7 B. . Syrma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Syrma |
Sharpe Ratio = 0.1711
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Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.59 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Syrma SGS is performing at about 13% 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 Syrma SGS by adding it to a well-diversified portfolio.
Price Book 6.4584 | Enterprise Value Ebitda 38.7083 | Price Sales 2.7783 | Shares Float 59.6 M | Wall Street Target Price 531.421 |
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Syrma SGS Valuation on November 18, 2024
It is possible to determine the worth of Syrma SGS on a given historical date. On November 18, 2024 Syrma was worth 550.0 at the beginning of the trading date compared to the closed value of 560.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Syrma SGS stock. Still, in general, we apply an absolute valuation method to find Syrma SGS'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 Syrma SGS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Syrma SGS's related companies.
| Open | High | Low | Close | Volume | |
| 539.85 | 558.00 | 537.05 | 547.65 | 854,682 | |
11/18/2024 | 550.00 | 566.00 | 533.35 | 560.10 | 891,824 |
| 570.00 | 584.00 | 552.80 | 559.40 | 1,690,585 |
| Backtest Syrma SGS | | | Syrma SGS History | | | Syrma SGS Valuation | Previous | Next |
Syrma SGS Trading Date Momentum on November 18, 2024
| On November 19 2024 Syrma SGS Technology was traded for 559.40 at the closing time. The highest price during the trading period was 584.00 and the lowest recorded bid was listed for 552.80 . The volume for the day was 1.7 M. This history from November 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.12% . The trading price change to the current price is 0.70% . |
Syrma SGS Technology Fundamentals Correlations and Trends
By evaluating Syrma SGS'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 Syrma SGS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Syrma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Syrma SGS Stock history
Syrma SGS 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 Syrma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Syrma SGS Technology 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 Syrma SGS stock prices may prove useful in developing a viable investing in Syrma SGS
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 177.4 M | 125.5 M |
Syrma SGS Quarterly Net Working Capital |
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Syrma SGS Stock Technical Analysis
Syrma SGS 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
Syrma SGS Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Syrma SGS Technology 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.
Syrma SGS December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Syrma SGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Syrma SGS shares will generate the highest return on investment. By undertsting and applying Syrma SGS stock market strength indicators, traders can identify Syrma SGS Technology entry and exit signals to maximize returns
Syrma SGS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Syrma SGS's price direction in advance. Along with the technical and fundamental analysis of Syrma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Syrma 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 | 0.1274 | |||
| Jensen Alpha | 0.5101 | |||
| Total Risk Alpha | 0.4105 | |||
| Sortino Ratio | 0.2389 | |||
| Treynor Ratio | (2.92) |
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Other Information on Investing in Syrma Stock
Syrma SGS financial ratios help investors to determine whether Syrma 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 Syrma with respect to the benefits of owning Syrma SGS security.