Electrosteel Castings (India) Performance
| ELECTCAST | 152.46 0.11 0.07% |
The firm shows a Beta (market volatility) of 0.44, which means possible diversification benefits within a given portfolio. As returns on the market increase, Electrosteel Castings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Electrosteel Castings is expected to be smaller as well. At this point, Electrosteel Castings has a negative expected return of -0.49%. Please make sure to confirm Electrosteel Castings' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Electrosteel Castings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Electrosteel Castings Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Forward Dividend Yield 0.0154 | Payout Ratio 0.0981 | Last Split Factor 10:1 | Forward Dividend Rate 2.3 | Ex Dividend Date 2024-08-16 |
1 | Electrosteel Castings Stock Sees Positive Trend, Outperforms Sector by 5.06 percent - MarketsMojo | 10/23/2024 |
2 | Electrosteel Castings shares plunge 8 percent after sluggish show in Q2 earnings - Business Standard | 10/31/2024 |
3 | Electrosteel Castings Ltd leads losers in A group - Business Standard | 11/08/2024 |
| Begin Period Cash Flow | 2.3 B |
Electrosteel |
Electrosteel Castings Relative Risk vs. Return Landscape
If you would invest 21,539 in Electrosteel Castings Limited on September 4, 2024 and sell it today you would lose (6,293) from holding Electrosteel Castings Limited or give up 29.22% of portfolio value over 90 days. Electrosteel Castings Limited is generating negative expected returns and assumes 3.2493% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Electrosteel, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Electrosteel Castings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Electrosteel Castings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Electrosteel Castings Limited, and traders can use it to determine the average amount a Electrosteel Castings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.152
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ELECTCAST |
Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electrosteel Castings 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 Electrosteel Castings by adding Electrosteel Castings to a well-diversified portfolio.
Electrosteel Castings Fundamentals Growth
Electrosteel Stock prices reflect investors' perceptions of the future prospects and financial health of Electrosteel Castings, and Electrosteel Castings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Electrosteel Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0844 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 107.95 B | ||||
| Shares Outstanding | 618.19 M | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 1.22 X | ||||
| Revenue | 74.78 B | ||||
| Gross Profit | 32.32 B | ||||
| EBITDA | 12.73 B | ||||
| Net Income | 7.4 B | ||||
| Cash And Equivalents | 62.39 M | ||||
| Total Debt | 23.32 B | ||||
| Book Value Per Share | 87.95 X | ||||
| Cash Flow From Operations | 8.06 B | ||||
| Earnings Per Share | 13.53 X | ||||
| Total Asset | 91.08 B | ||||
| Retained Earnings | 26.94 B | ||||
About Electrosteel Castings Performance
By analyzing Electrosteel Castings' fundamental ratios, stakeholders can gain valuable insights into Electrosteel Castings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Electrosteel Castings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Electrosteel Castings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Electrosteel Castings is entity of India. It is traded as Stock on NSE exchange.Things to note about Electrosteel Castings performance evaluation
Checking the ongoing alerts about Electrosteel Castings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Electrosteel Castings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Electrosteel Castings generated a negative expected return over the last 90 days | |
| Electrosteel Castings has high historical volatility and very poor performance | |
| Electrosteel Castings is unlikely to experience financial distress in the next 2 years | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Electrosteel Castings Ltd leads losers in A group - Business Standard |
- Analyzing Electrosteel Castings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Electrosteel Castings' stock is overvalued or undervalued compared to its peers.
- Examining Electrosteel Castings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Electrosteel Castings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Electrosteel Castings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Electrosteel Castings' stock. These opinions can provide insight into Electrosteel Castings' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Electrosteel Stock analysis
When running Electrosteel Castings' price analysis, check to measure Electrosteel Castings' 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 Electrosteel Castings is operating at the current time. Most of Electrosteel Castings' value examination focuses on studying past and present price action to predict the probability of Electrosteel Castings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrosteel Castings' price. Additionally, you may evaluate how the addition of Electrosteel Castings to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |