3M India (India) Price on July 5, 2024
3MINDIA Stock | 30,686 618.95 1.98% |
Below is the normalized historical share price chart for 3M India Limited extending back to July 01, 2002. 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 3M India stands at 30,686, as last reported on the 24th of November, with the highest price reaching 31,466 and the lowest price hitting 30,629 during the day.
If you're considering investing in 3MINDIA Stock, it is important to understand the factors that can impact its price. 3M India Limited retains Efficiency (Sharpe Ratio) of -0.12, which signifies that the company had a -0.12% return per unit of price deviation over the last 3 months. 3M India exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 3M India's Information Ratio of (0.24), market risk adjusted performance of 0.8281, and Variance of 2.32 to double-check the risk estimate we provide.
As of November 24, 2024, Common Stock Shares Outstanding is expected to decline to about 9 M. In addition to that, Total Stockholder Equity is expected to decline to about 11.7 B. 3MINDIA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 33.7 K | 50 Day MA 34.4 K | Beta 0.218 |
3MINDIA |
Sharpe Ratio = -0.123
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Negative Returns | 3MINDIA |
Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 3M India 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 3M India by adding 3M India to a well-diversified portfolio.
Price Book 20.7549 | Enterprise Value Ebitda 39.2376 | Price Sales 8.2631 | Shares Float 2.6 M | Wall Street Target Price 40.4 K |
3M India Main Headline on 5th of July 2024
Rs 525 Special Dividend Stock Rs 160 Dividend Rs 685 payout ... by news.google.com
Rs 525 Special Dividend Stock Rs 160 Dividend Rs 685 payout Ex-date and record date today MSN
3M India Valuation on July 5, 2024
It is possible to determine the worth of 3M India on a given historical date. On July 5, 2024 3MINDIA was worth 39000.0 at the beginning of the trading date compared to the closed value of 38768.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 3M India stock. Still, in general, we apply an absolute valuation method to find 3M India'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 3M India where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 3M India's related companies.
Open | High | Low | Close | Volume | |
39,485 | 39,960 | 39,203 | 39,525 | 11,808 | |
07/05/2024 | 39,000 | 39,450 | 38,600 | 38,768 | 8,303 |
38,629 | 39,398 | 38,370 | 39,295 | 7,138 |
Backtest 3M India | | | 3M India History | | | 3M India Valuation | Previous | Next |
3M India Trading Date Momentum on July 5, 2024
On July 08 2024 3M India Limited was traded for 39,295 at the closing time. The highest price during the trading period was 39,398 and the lowest recorded bid was listed for 38,370 . The volume for the day was 7.1 K. This history from July 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.36% . The daily price change to the current price is 3.18% . |
3M India Limited Fundamentals Correlations and Trends
By evaluating 3M India'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 3M India's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 3MINDIA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 3M India Stock history
3M India 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 3MINDIA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 3M India 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 3M India stock prices may prove useful in developing a viable investing in 3M India
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 10.1 M | 9 M | |
Net Income Applicable To Common Shares | 5.2 B | 2.7 B |
3M India Quarterly Net Working Capital |
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3M India Stock Technical Analysis
3M India 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
3M India Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
3M India 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.
3M India November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how 3M India stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3M India shares will generate the highest return on investment. By undertsting and applying 3M India stock market strength indicators, traders can identify 3M India Limited entry and exit signals to maximize returns
3M India Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 3M India's price direction in advance. Along with the technical and fundamental analysis of 3MINDIA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3MINDIA 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 | (0.11) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.48) | |||
Treynor Ratio | 0.8181 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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When running 3M India's price analysis, check to measure 3M India'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 3M India is operating at the current time. Most of 3M India's value examination focuses on studying past and present price action to predict the probability of 3M India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M India's price. Additionally, you may evaluate how the addition of 3M India to your portfolios can decrease your overall portfolio volatility.
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