Akshar Spintex (India) Price on November 28, 2024
| AKSHAR Stock | 0.75 0.01 1.35% |
If you're considering investing in Akshar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akshar Spintex stands at 0.75, as last reported on the 12th of December 2024, with the highest price reaching 0.75 and the lowest price hitting 0.75 during the day. Akshar Spintex secures Sharpe Ratio (or Efficiency) of -0.44, which signifies that the company had a -0.44% return per unit of risk over the last 3 months. Akshar Spintex Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akshar Spintex's Mean Deviation of 2.45, standard deviation of 2.88, and Risk Adjusted Performance of (0.31) to double-check the risk estimate we provide.
The current year's Liabilities And Stockholders Equity is expected to grow to about 809.3 M, whereas Total Stockholder Equity is forecasted to decline to about 354 M. . Akshar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akshar |
Sharpe Ratio = -0.4434
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| Negative Returns | AKSHAR |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -1.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.44 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Akshar Spintex 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 Akshar Spintex by adding Akshar Spintex to a well-diversified portfolio.
Price Book 1.3574 | Book Value 1.463 | Enterprise Value 761.2 M | Enterprise Value Ebitda 10.8187 | Price Sales 0.3404 |
Akshar Spintex Valuation on November 28, 2024
It is possible to determine the worth of Akshar Spintex on a given historical date. On November 28, 2024 Akshar was worth 0.7 at the beginning of the trading date compared to the closed value of 0.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akshar Spintex stock. Still, in general, we apply an absolute valuation method to find Akshar Spintex'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 Akshar Spintex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akshar Spintex's related companies.
| Open | High | Low | Close | Volume | |
| 0.68 | 0.71 | 0.68 | 0.71 | 6,989,637 | |
11/28/2024 | 0.70 | 0.70 | 0.70 | 0.70 | 1,934,216 |
| 0.70 | 0.70 | 0.69 | 0.69 | 2,657,180 |
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Akshar Spintex Trading Date Momentum on November 28, 2024
| On November 29 2024 Akshar Spintex Limited was traded for 0.69 at the closing time. The highest price during the trading period was 0.70 and the lowest recorded bid was listed for 0.69 . The volume for the day was 2.7 M. This history from November 29, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.43% . The overall trading delta to the current price is 2.86% . |
Akshar Spintex Fundamentals Correlations and Trends
By evaluating Akshar Spintex'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 Akshar Spintex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akshar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akshar Spintex Stock history
Akshar Spintex 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 Akshar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akshar Spintex 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 Akshar Spintex stock prices may prove useful in developing a viable investing in Akshar Spintex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 300 M | 186.5 M | |
| Net Loss | -31.8 M | -30.2 M |
Akshar Spintex Quarterly Net Working Capital |
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Akshar Spintex Stock Technical Analysis
Akshar Spintex 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
Akshar Spintex Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Akshar Spintex 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.
Akshar Spintex December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Akshar Spintex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akshar Spintex shares will generate the highest return on investment. By undertsting and applying Akshar Spintex stock market strength indicators, traders can identify Akshar Spintex Limited entry and exit signals to maximize returns
Akshar Spintex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akshar Spintex's price direction in advance. Along with the technical and fundamental analysis of Akshar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akshar 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 | (0.31) | |||
| Jensen Alpha | (1.36) | |||
| Total Risk Alpha | (1.71) | |||
| Treynor Ratio | (1.40) |
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| Volume Indicators |
Complementary Tools for Akshar Stock analysis
When running Akshar Spintex's price analysis, check to measure Akshar Spintex'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 Akshar Spintex is operating at the current time. Most of Akshar Spintex's value examination focuses on studying past and present price action to predict the probability of Akshar Spintex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akshar Spintex's price. Additionally, you may evaluate how the addition of Akshar Spintex to your portfolios can decrease your overall portfolio volatility.
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