Welspun Corp (India) Price on November 14, 2024
| WELCORP Stock | 788.60 8.80 1.10% |
Below is the normalized historical share price chart for Welspun Corp Limited extending back to June 23, 2000. 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 Welspun Corp stands at 788.60, as last reported on the 15th of December 2024, with the highest price reaching 797.40 and the lowest price hitting 775.05 during the day.
If you're considering investing in Welspun Stock, it is important to understand the factors that can impact its price. Welspun Corp appears to be very steady, given 3 months investment horizon. Welspun Corp Limited shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Welspun Corp Limited, which you can use to evaluate the volatility of the company. Please utilize Welspun Corp's Downside Deviation of 2.45, market risk adjusted performance of 0.3219, and Mean Deviation of 1.71 to validate if our risk estimates are consistent with your expectations.
At this time, Welspun Corp's Other Stockholder Equity is relatively stable compared to the past year. As of 12/15/2024, Sale Purchase Of Stock is likely to grow to about 16 B, while Liabilities And Stockholders Equity is likely to drop slightly above 93.5 B. . Welspun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 642.379 | 50 Day MA 735.582 | Beta 0.825 |
Welspun |
Sharpe Ratio = 0.1107
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Welspun Corp is performing at about 8% 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 Welspun Corp by adding it to a well-diversified portfolio.
Price Book 3.4637 | Enterprise Value Ebitda 10.706 | Price Sales 1.3215 | Shares Float 126.9 M | Wall Street Target Price 828.5 |
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Welspun Corp Valuation on November 14, 2024
It is possible to determine the worth of Welspun Corp on a given historical date. On November 14, 2024 Welspun was worth 689.0 at the beginning of the trading date compared to the closed value of 678.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Welspun Corp stock. Still, in general, we apply an absolute valuation method to find Welspun Corp'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 Welspun Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Welspun Corp's related companies.
| Open | High | Low | Close | Volume | |
| 728.05 | 735.00 | 686.00 | 690.10 | 754,714 | |
11/14/2024 | 689.00 | 703.20 | 673.50 | 678.30 | 623,247 |
| 680.00 | 699.00 | 671.30 | 675.90 | 436,809 |
| Backtest Welspun Corp | | | Welspun Corp History | | | Welspun Corp Valuation | Previous | Next |
Welspun Corp Trading Date Momentum on November 14, 2024
| On November 18 2024 Welspun Corp Limited was traded for 675.90 at the closing time. The highest price during the trading period was 699.00 and the lowest recorded bid was listed for 671.30 . The volume for the day was 436.8 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.35% . The trading price change to the current price is 6.88% . |
Welspun Corp Limited Fundamentals Correlations and Trends
By evaluating Welspun Corp'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 Welspun Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Welspun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Welspun Corp Stock history
Welspun Corp 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 Welspun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Welspun Corp 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 Welspun Corp stock prices may prove useful in developing a viable investing in Welspun Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 262.4 M | 248.6 M | |
| Net Income Applicable To Common Shares | 2.4 B | 2.6 B |
Welspun Corp Quarterly Net Working Capital |
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Welspun Corp Stock Technical Analysis
Welspun Corp 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
Welspun Corp Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Welspun Corp 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.
Welspun Corp December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Welspun Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Welspun Corp shares will generate the highest return on investment. By undertsting and applying Welspun Corp stock market strength indicators, traders can identify Welspun Corp Limited entry and exit signals to maximize returns
Welspun Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Welspun Corp's price direction in advance. Along with the technical and fundamental analysis of Welspun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Welspun 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 | 0.0836 | |||
| Jensen Alpha | 0.1669 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0591 | |||
| Treynor Ratio | 0.3119 |
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Additional Tools for Welspun Stock Analysis
When running Welspun Corp's price analysis, check to measure Welspun Corp's 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 Welspun Corp is operating at the current time. Most of Welspun Corp's value examination focuses on studying past and present price action to predict the probability of Welspun Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welspun Corp's price. Additionally, you may evaluate how the addition of Welspun Corp to your portfolios can decrease your overall portfolio volatility.