Ajanta Pharma (India) Price on November 4, 2024
| AJANTPHARM | 3,027 30.05 1.00% |
Below is the normalized historical share price chart for Ajanta Pharma 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 Ajanta Pharma stands at 3,027, as last reported on the 28th of November, with the highest price reaching 3,040 and the lowest price hitting 2,950 during the day.
If you're considering investing in Ajanta Stock, it is important to understand the factors that can impact its price. Ajanta Pharma Limited secures Sharpe Ratio (or Efficiency) of -0.0339, which signifies that the company had a -0.0339% return per unit of standard deviation over the last 3 months. Ajanta Pharma Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ajanta Pharma's mean deviation of 1.74, and Risk Adjusted Performance of 0.0017 to double-check the risk estimate we provide.
As of now, Ajanta Pharma's Total Stockholder Equity is increasing as compared to previous years. The Ajanta Pharma's current Liabilities And Stockholders Equity is estimated to increase to about 48.7 B, while Common Stock Shares Outstanding is projected to decrease to under 104.9 M. . Ajanta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.6 K | 50 Day MA 3.1 K | Beta 0.104 |
Ajanta |
Sharpe Ratio = -0.0339
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | AJANTPHARM |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ajanta Pharma 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 Ajanta Pharma by adding Ajanta Pharma to a well-diversified portfolio.
Price Book 10.1803 | Enterprise Value Ebitda 27.6695 | Price Sales 8.3497 | Shares Float 42 M | Dividend Share 54 |
Ajanta Pharma Valuation on November 4, 2024
It is possible to determine the worth of Ajanta Pharma on a given historical date. On November 4, 2024 Ajanta was worth 3061.15 at the beginning of the trading date compared to the closed value of 2957.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ajanta Pharma stock. Still, in general, we apply an absolute valuation method to find Ajanta Pharma'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 Ajanta Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ajanta Pharma's related companies.
| Open | High | Low | Close | Volume | |
| 3,045 | 3,100 | 3,033 | 3,058 | 18,226 | |
11/04/2024 | 3,061 | 3,072 | 2,938 | 2,958 | 69,845 |
| 2,974 | 3,097 | 2,974 | 3,084 | 203,240 |
| Backtest Ajanta Pharma | | | Ajanta Pharma History | | | Ajanta Pharma Valuation | Previous | Next |
Ajanta Pharma Trading Date Momentum on November 4, 2024
| On November 05 2024 Ajanta Pharma Limited was traded for 3,084 at the closing time. The highest price during the trading period was 3,097 and the lowest recorded bid was listed for 2,974 . The volume for the day was 203.2 K. This history from November 5, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 4.26% . The overall trading delta to the current price is 5.50% . |
Ajanta Pharma Limited Fundamentals Correlations and Trends
By evaluating Ajanta Pharma'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 Ajanta Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ajanta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ajanta Pharma Stock history
Ajanta Pharma 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 Ajanta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ajanta Pharma 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 Ajanta Pharma stock prices may prove useful in developing a viable investing in Ajanta Pharma
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 126 M | 104.9 M | |
| Net Income Applicable To Common Shares | 6.8 B | 5.2 B |
Ajanta Pharma Quarterly Net Working Capital |
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Ajanta Pharma Stock Technical Analysis
Ajanta Pharma 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
Ajanta Pharma Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Ajanta Pharma 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.
Ajanta Pharma November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ajanta Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ajanta Pharma shares will generate the highest return on investment. By undertsting and applying Ajanta Pharma stock market strength indicators, traders can identify Ajanta Pharma Limited entry and exit signals to maximize returns
Ajanta Pharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ajanta Pharma's price direction in advance. Along with the technical and fundamental analysis of Ajanta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ajanta 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 | 0.0017 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 1.07 |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Complementary Tools for Ajanta Stock analysis
When running Ajanta Pharma's price analysis, check to measure Ajanta Pharma'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 Ajanta Pharma is operating at the current time. Most of Ajanta Pharma's value examination focuses on studying past and present price action to predict the probability of Ajanta Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ajanta Pharma's price. Additionally, you may evaluate how the addition of Ajanta Pharma to your portfolios can decrease your overall portfolio volatility.
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