We strongly advise to harness Jindal Steel fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Simply put, you can make use of it to find out if Jindal Steel Power is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for twenty-nine available reported financial drivers for Jindal Steel Power, which can be compared to its competitors. The stock experiences a normal downward trend and little activity. Check odds of Jindal Steel to be traded at 880.65 in 90 days. Key indicators impacting Jindal Steel's financial strength include:
Understanding current and past Jindal Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Jindal Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Jindal Steel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Jindal Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Jindal Steel Power. Check Jindal Steel's Beneish M Score to see the likelihood of Jindal Steel's management manipulating its earnings.
Jindal Steel Stock Summary
Jindal Steel competes with Embassy Office, and JTL Industries. Jindal Steel is entity of India. It is traded as Stock on NSE exchange.
You should never invest in Jindal Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Jindal Stock, because this is throwing your money away. Analyzing the key information contained in Jindal Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Jindal Steel Key Financial Ratios
There are many critical financial ratios that Jindal Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Jindal Steel Power reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Jindal Steel's current stock value. Our valuation model uses many indicators to compare Jindal Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jindal Steel competition to find correlations between indicators driving Jindal Steel's intrinsic value. More Info.
Jindal Steel Power is rated third overall in return on equity category among its peers. It is rated second overall in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Jindal Steel Power is roughly 1.91 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Jindal Steel's earnings, one of the primary drivers of an investment's value.
Jindal Steel Power Systematic Risk
Jindal Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Jindal Steel volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Jindal Steel Power correlated with the market. If Beta is less than 0 Jindal Steel generally moves in the opposite direction as compared to the market. If Jindal Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jindal Steel Power is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jindal Steel is generally in the same direction as the market. If Beta > 1 Jindal Steel moves generally in the same direction as, but more than the movement of the benchmark.
Jindal Steel Power Total Assets Over Time
Jindal Steel Thematic Clasifications
Jindal Steel Power is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
Jindal Steel November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Jindal Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Jindal Steel Power. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jindal Steel Power based on widely used predictive technical indicators. In general, we focus on analyzing Jindal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jindal Steel's daily price indicators and compare them against related drivers.
When running Jindal Steel's price analysis, check to measure Jindal Steel'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 Jindal Steel is operating at the current time. Most of Jindal Steel's value examination focuses on studying past and present price action to predict the probability of Jindal Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jindal Steel's price. Additionally, you may evaluate how the addition of Jindal Steel to your portfolios can decrease your overall portfolio volatility.