Aditya Birla (India) Price on October 21, 2024
| ABSLAMC Stock | 822.20 7.55 0.91% |
If you're considering investing in Aditya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Aditya Birla stands at 822.20, as last reported on the 5th of January, with the highest price reaching 842.00 and the lowest price hitting 818.55 during the day. Aditya Birla appears to be very steady, given 3 months investment horizon. Aditya Birla Sun secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aditya Birla Sun, which you can use to evaluate the volatility of the firm. Please makes use of Aditya Birla's Mean Deviation of 1.66, risk adjusted performance of 0.0846, and Downside Deviation of 1.79 to double-check if our risk estimates are consistent with your expectations.
At present, Aditya Birla's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 54.1 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 290.6 M. . Aditya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Aditya |
Sharpe Ratio = 0.1461
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ABSLAMC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Aditya Birla is performing at about 11% 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 Aditya Birla by adding it to a well-diversified portfolio.
Price Book 7.2507 | Enterprise Value Ebitda 19.51 | Price Sales 12.7659 | Shares Float 148 M | Wall Street Target Price 830.4545 |
Aditya Birla Valuation on October 21, 2024
It is possible to determine the worth of Aditya Birla on a given historical date. On October 21, 2024 Aditya was worth 762.7 at the beginning of the trading date compared to the closed value of 753.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aditya Birla stock. Still, in general, we apply an absolute valuation method to find Aditya Birla'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 Aditya Birla where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aditya Birla's related companies.
| Open | High | Low | Close | Volume | |
| 755.00 | 767.65 | 747.25 | 761.65 | 414,125 | |
10/21/2024 | 762.70 | 780.50 | 750.60 | 753.45 | 355,798 |
| 753.90 | 756.45 | 716.80 | 722.35 | 410,047 |
| Backtest Aditya Birla | | | Aditya Birla History | | | Aditya Birla Valuation | Previous | Next |
Aditya Birla Trading Date Momentum on October 21, 2024
| On October 22 2024 Aditya Birla Sun was traded for 722.35 at the closing time. The highest price during the trading period was 756.45 and the lowest recorded bid was listed for 716.80 . The volume for the day was 410 K. This history from October 22, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.13% . The overall trading delta to the current price is 2.31% . |
Aditya Birla Sun Fundamentals Correlations and Trends
By evaluating Aditya Birla'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 Aditya Birla's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aditya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aditya Birla Stock history
Aditya Birla 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 Aditya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aditya Birla Sun 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 Aditya Birla stock prices may prove useful in developing a viable investing in Aditya Birla
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 332.1 M | 290.6 M | |
| Net Income Applicable To Common Shares | 6.9 B | 5 B |
Aditya Birla Quarterly Net Working Capital |
|
Aditya Birla Stock Technical Analysis
Aditya Birla 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
Aditya Birla Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Aditya Birla Sun 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.
Aditya Birla January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Aditya Birla stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aditya Birla shares will generate the highest return on investment. By undertsting and applying Aditya Birla stock market strength indicators, traders can identify Aditya Birla Sun entry and exit signals to maximize returns
Aditya Birla Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aditya Birla's price direction in advance. Along with the technical and fundamental analysis of Aditya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aditya 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 | 0.0846 | |||
| Jensen Alpha | 0.2174 | |||
| Total Risk Alpha | 0.1846 | |||
| Sortino Ratio | 0.1165 | |||
| Treynor Ratio | 0.7216 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Aditya Stock analysis
When running Aditya Birla's price analysis, check to measure Aditya Birla'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 Aditya Birla is operating at the current time. Most of Aditya Birla's value examination focuses on studying past and present price action to predict the probability of Aditya Birla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aditya Birla's price. Additionally, you may evaluate how the addition of Aditya Birla to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |