Tech Mahindra (India) Price on October 1, 2024
| TECHM Stock | 1,790 26.80 1.52% |
Below is the normalized historical share price chart for Tech Mahindra Limited extending back to August 28, 2006. 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 Tech Mahindra stands at 1,790, as last reported on the 12th of December 2024, with the highest price reaching 1,808 and the lowest price hitting 1,761 during the day.
If you're considering investing in Tech Stock, it is important to understand the factors that can impact its price. As of now, Tech Stock is very steady. Tech Mahindra Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.095, which indicates the firm had a 0.095% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tech Mahindra Limited, which you can use to evaluate the volatility of the company. Please validate Tech Mahindra's Coefficient Of Variation of 1073.08, semi deviation of 1.44, and Risk Adjusted Performance of 0.0729 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Tech Mahindra's Total Stockholder Equity is very stable compared to the past year. As of the 12th of December 2024, Capital Stock is likely to grow to about 4.8 B, while Common Stock Shares Outstanding is likely to drop about 800.3 M. . Tech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.5 K | 50 Day MA 1.7 K | Beta 0.588 |
Tech |
Sharpe Ratio = 0.095
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TECHM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Tech Mahindra is performing at about 7% 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 Tech Mahindra by adding it to a well-diversified portfolio.
Price Book 5.898 | Enterprise Value Ebitda 23.7891 | Price Sales 2.9816 | Shares Float 538.6 M | Dividend Share 43 |
Tech Mahindra Main Headline on 1st of October 2024
Tech Mahindra Share Price Today Up 3 percent - Equitymaster by news.google.com
Tech Mahindra Share Price Today Up 3 Equitymaster
Tech Mahindra Valuation on October 1, 2024
It is possible to determine the worth of Tech Mahindra on a given historical date. On October 1, 2024 Tech was worth 1565.93 at the beginning of the trading date compared to the closed value of 1610.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tech Mahindra stock. Still, in general, we apply an absolute valuation method to find Tech Mahindra'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 Tech Mahindra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tech Mahindra's related companies.
| Open | High | Low | Close | Volume | |
| 1,592 | 1,592 | 1,554 | 1,563 | 3,460,691 | |
10/01/2024 | 1,566 | 1,628 | 1,566 | 1,611 | 5,176,596 |
| 1,601 | 1,617 | 1,582 | 1,590 | 2,332,279 |
| Backtest Tech Mahindra | | | Tech Mahindra History | | | Tech Mahindra Valuation | Previous | Next |
Tech Mahindra Trading Date Momentum on October 1, 2024
| On October 03 2024 Tech Mahindra Limited was traded for 1,590 at the closing time. The highest price during the trading period was 1,617 and the lowest recorded bid was listed for 1,582 . The volume for the day was 2.3 M. This history from October 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.31% . The trading price change to the current price is 0.49% . |
Tech Mahindra Limited Fundamentals Correlations and Trends
By evaluating Tech Mahindra'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 Tech Mahindra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tech Mahindra Stock history
Tech Mahindra 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 Tech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tech Mahindra 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 Tech Mahindra stock prices may prove useful in developing a viable investing in Tech Mahindra
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 887.2 M | 800.3 M | |
| Net Income Applicable To Common Shares | 55.6 B | 42.3 B |
Tech Mahindra Quarterly Net Working Capital |
|
Tech Mahindra Stock Technical Analysis
Tech Mahindra 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
Tech Mahindra Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Tech Mahindra 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.
Tech Mahindra December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Tech Mahindra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tech Mahindra shares will generate the highest return on investment. By undertsting and applying Tech Mahindra stock market strength indicators, traders can identify Tech Mahindra Limited entry and exit signals to maximize returns
Tech Mahindra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tech Mahindra's price direction in advance. Along with the technical and fundamental analysis of Tech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tech 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 | 0.0729 | |||
| Jensen Alpha | 0.1628 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0176 | |||
| Treynor Ratio | (0.77) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Tech Stock
Tech Mahindra financial ratios help investors to determine whether Tech 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 Tech with respect to the benefits of owning Tech Mahindra security.