Ajanta Pharma (India) Price on December 2, 2024

AJANTPHARM   2,824  40.50  1.41%   
If you're considering investing in Ajanta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ajanta Pharma stands at 2,824, as last reported on the 11th of December 2024, with the highest price reaching 2,863 and the lowest price hitting 2,790 during the day. Ajanta Pharma Limited secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% 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 1.65, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
  
Ajanta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1179

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Estimated Market Risk

 2.15
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.25
  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 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.

Ajanta Pharma Valuation on December 2, 2024

It is possible to determine the worth of Ajanta Pharma on a given historical date. On December 2, 2024 Ajanta was worth 3036.8 at the beginning of the trading date compared to the closed value of 3026.35. 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
  2,942    3,060    2,930    3,023    129,504  
12/02/2024
  3,037    3,060    3,000    3,026    60,864  
  3,042    3,059    2,954    2,968    99,870  
Backtest Ajanta Pharma  |  Ajanta Pharma History  |  Ajanta Pharma Valuation   PreviousNext  
Open Value
3036.8
3026.35
Closing Value
3,043
Upside

Ajanta Pharma Trading Date Momentum on December 2, 2024

On December 03 2024 Ajanta Pharma Limited was traded for  2,968  at the closing time. The highest price during the trading period was 3,059  and the lowest recorded bid was listed for  2,954 . The volume for the day was 99.9 K. This history from December 3, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.94% . The overall trading delta to the current price is 5.93% .

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

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.
A focus of Ajanta Pharma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ajanta Pharma trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ajanta Pharma Period Price Range

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December 11, 2024
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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 December 11, 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.

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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