Akums Drugs (India) Price on August 20, 2024
| AKUMS Stock | 640.10 30.45 4.99% |
If you're considering investing in Akums Stock, it is important to understand the factors that can impact its price. As of today, the current price of Akums Drugs stands at 640.10, as last reported on the 22nd of November, with the highest price reaching 640.10 and the lowest price hitting 640.10 during the day. Akums Drugs 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. Akums Drugs and exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akums Drugs' Standard Deviation of 3.12, risk adjusted performance of (0.19), and Mean Deviation of 2.23 to double-check the risk estimate we provide.
Akums Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Akums |
Sharpe Ratio = -0.1533
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| Negative Returns | AKUMS |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Akums Drugs 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 Akums Drugs by adding Akums Drugs to a well-diversified portfolio.
Price Book 18.5346 | Book Value 49.593 | Enterprise Value 134.2 B | Enterprise Value Ebitda 102.7568 | Price Sales 3.0942 |
Akums Drugs Main Headline on 20th of August 2024
Akums Drugs shares climb 65 percent in 9 sessions BSE, NSE s... by news.google.com
Akums Drugs shares climb 65 percent in 9 sessions BSE, NSE seek clarification on stock price movement Business Today
Akums Drugs Valuation on August 20, 2024
It is possible to determine the worth of Akums Drugs on a given historical date. On August 20, 2024 Akums was worth 1175.9 at the beginning of the trading date compared to the closed value of 1063.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Akums Drugs stock. Still, in general, we apply an absolute valuation method to find Akums Drugs' 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 Akums Drugs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Akums Drugs' related companies.
| Open | High | Low | Close | Volume | |
| 1,090 | 1,120 | 1,090 | 1,120 | 148,337 | |
08/20/2024 | 1,176 | 1,176 | 1,064 | 1,064 | 723,301 |
| 1,011 | 1,011 | 1,011 | 1,011 | 26,680 |
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Akums Drugs Trading Date Momentum on August 20, 2024
| On August 21 2024 Akums Drugs and was traded for 1,011 at the closing time. The highest price during the trading period was 1,011 and the lowest recorded bid was listed for 1,011 . The volume for the day was 26.7 K. This history from August 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 5.00% . The overall trading delta to the current price is 17.77% . |
Akums Drugs Fundamentals Correlations and Trends
By evaluating Akums Drugs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Akums Drugs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Akums financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Akums Drugs Stock history
Akums Drugs 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 Akums is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Akums Drugs 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 Akums Drugs stock prices may prove useful in developing a viable investing in Akums Drugs
Akums Drugs Stock Technical Analysis
Akums Drugs 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
Akums Drugs Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Akums Drugs and 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.
Akums Drugs November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Akums Drugs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Akums Drugs shares will generate the highest return on investment. By undertsting and applying Akums Drugs stock market strength indicators, traders can identify Akums Drugs and entry and exit signals to maximize returns
Akums Drugs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Akums Drugs' price direction in advance. Along with the technical and fundamental analysis of Akums Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Akums 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 | (0.19) | |||
| Jensen Alpha | (0.80) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | 14.13 |
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Other Information on Investing in Akums Stock
Akums Drugs financial ratios help investors to determine whether Akums Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Akums with respect to the benefits of owning Akums Drugs security.