Adroit Infotech (India) Price on February 22, 2024
| ADROITINFO | 22.06 0.25 1.12% |
Below is the normalized historical share price chart for Adroit Infotech Limited extending back to October 12, 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 Adroit Infotech stands at 22.06, as last reported on the 29th of November, with the highest price reaching 23.05 and the lowest price hitting 21.41 during the day.
If you're considering investing in Adroit Stock, it is important to understand the factors that can impact its price. Adroit Infotech appears to be not too volatile, given 3 months investment horizon. Adroit Infotech secures Sharpe Ratio (or Efficiency) of 0.0712, which signifies that the company had a 0.0712% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Adroit Infotech Limited, which you can use to evaluate the volatility of the firm. Please makes use of Adroit Infotech's Mean Deviation of 2.96, risk adjusted performance of 0.0491, and Downside Deviation of 3.75 to double-check if our risk estimates are consistent with your expectations.
As of now, Adroit Infotech's Other Stockholder Equity is increasing as compared to previous years. The Adroit Infotech's current Sale Purchase Of Stock is estimated to increase to about 24.1 M, while Total Stockholder Equity is projected to decrease to under 226.6 M. . Adroit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 18.9839 | 50 Day MA 20.9812 | Beta 0.352 |
Adroit |
Sharpe Ratio = 0.0712
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Estimated Market Risk
| 4.69 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Adroit Infotech is performing at about 5% 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 Adroit Infotech by adding it to a well-diversified portfolio.
Price Book 2.2809 | Book Value 22.464 | Enterprise Value 889.7 M | Enterprise Value Ebitda 11.4388 | Price Sales 2.6784 |
Adroit Infotech Valuation on February 22, 2024
It is possible to determine the worth of Adroit Infotech on a given historical date. On February 22, 2024 Adroit was worth 19.75 at the beginning of the trading date compared to the closed value of 19.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Adroit Infotech stock. Still, in general, we apply an absolute valuation method to find Adroit Infotech'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 Adroit Infotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Adroit Infotech's related companies.
| Open | High | Low | Close | Volume | |
| 19.40 | 19.40 | 19.40 | 19.40 | 44,222 | |
02/22/2024 | 19.75 | 19.75 | 19.70 | 19.70 | 90,286 |
| 19.30 | 19.60 | 19.30 | 19.30 | 56,388 |
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Adroit Infotech Trading Date Momentum on February 22, 2024
| On February 23 2024 Adroit Infotech Limited was traded for 19.30 at the closing time. The highest price during the trading period was 19.60 and the lowest recorded bid was listed for 19.30 . The volume for the day was 56.4 K. This history from February 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.03% . The overall trading delta to the current price is 8.38% . |
Adroit Infotech Fundamentals Correlations and Trends
By evaluating Adroit Infotech'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 Adroit Infotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Adroit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Adroit Infotech Stock history
Adroit Infotech 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 Adroit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Adroit Infotech 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 Adroit Infotech stock prices may prove useful in developing a viable investing in Adroit Infotech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 21.2 M | 18.1 M | |
| Net Income Applicable To Common Shares | 34 M | 35.8 M |
Adroit Infotech Stock Technical Analysis
Adroit Infotech 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
Adroit Infotech Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Adroit Infotech 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.
Adroit Infotech November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Adroit Infotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Adroit Infotech shares will generate the highest return on investment. By undertsting and applying Adroit Infotech stock market strength indicators, traders can identify Adroit Infotech Limited entry and exit signals to maximize returns
Adroit Infotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Adroit Infotech's price direction in advance. Along with the technical and fundamental analysis of Adroit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Adroit 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 | 0.0491 | |||
| Jensen Alpha | 0.0494 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.1459 |
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| Volume Indicators |
Complementary Tools for Adroit Stock analysis
When running Adroit Infotech's price analysis, check to measure Adroit Infotech'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 Adroit Infotech is operating at the current time. Most of Adroit Infotech's value examination focuses on studying past and present price action to predict the probability of Adroit Infotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adroit Infotech's price. Additionally, you may evaluate how the addition of Adroit Infotech to your portfolios can decrease your overall portfolio volatility.
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