Asian Paints (India) Price on September 11, 2024
| ASIANPAINT | 2,460 12.50 0.51% |
Below is the normalized historical share price chart for Asian Paints 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 Asian Paints stands at 2,460, as last reported on the 25th of November, with the highest price reaching 2,508 and the lowest price hitting 2,450 during the day.
If you're considering investing in Asian Stock, it is important to understand the factors that can impact its price. Asian Paints Limited secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of risk over the last 3 months. Asian Paints Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asian Paints' Standard Deviation of 1.55, mean deviation of 1.04, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide.
At present, Asian Paints' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1.1 B, whereas Other Stockholder Equity is projected to grow to (46 B). . Asian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3 K | 50 Day MA 3 K | Beta 0.366 |
Asian |
Sharpe Ratio = -0.2456
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| Negative Returns | ASIANPAINT |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asian Paints 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 Asian Paints by adding Asian Paints to a well-diversified portfolio.
Price Book 13.1498 | Enterprise Value Ebitda 32.3599 | Price Sales 6.8269 | Shares Float 414 M | Dividend Share 32.4 |
Asian Paints Valuation on September 11, 2024
It is possible to determine the worth of Asian Paints on a given historical date. On September 11, 2024 Asian was worth 3309.33 at the beginning of the trading date compared to the closed value of 3361.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asian Paints stock. Still, in general, we apply an absolute valuation method to find Asian Paints' 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 Asian Paints where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asian Paints' related companies.
| Open | High | Low | Close | Volume | |
| 3,284 | 3,304 | 3,265 | 3,289 | 928,920 | |
09/11/2024 | 3,309 | 3,377 | 3,309 | 3,362 | 2,561,892 |
| 3,364 | 3,387 | 3,335 | 3,377 | 1,643,536 |
| Backtest Asian Paints | | | Asian Paints History | | | Asian Paints Valuation | Previous | Next |
Asian Paints Trading Date Momentum on September 11, 2024
| On September 12 2024 Asian Paints Limited was traded for 3,377 at the closing time. The highest price during the trading period was 3,387 and the lowest recorded bid was listed for 3,335 . The volume for the day was 1.6 M. This history from September 12, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.47% . The overall trading delta to the current price is 1.50% . |
Asian Paints Limited Fundamentals Correlations and Trends
By evaluating Asian Paints' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Asian Paints' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asian Paints Stock history
Asian Paints 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 Asian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asian Paints 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 Asian Paints stock prices may prove useful in developing a viable investing in Asian Paints
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 959 M | 1.1 B | |
| Net Income Applicable To Common Shares | 47.2 B | 25.8 B |
Asian Paints Quarterly Net Working Capital |
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Asian Paints Stock Technical Analysis
Asian Paints 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
Asian Paints Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Asian Paints 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.
Asian Paints November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Asian Paints stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asian Paints shares will generate the highest return on investment. By undertsting and applying Asian Paints stock market strength indicators, traders can identify Asian Paints Limited entry and exit signals to maximize returns
Asian Paints Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asian Paints' price direction in advance. Along with the technical and fundamental analysis of Asian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asian 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 | (0.17) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (7.90) |
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| Volume Indicators |
Complementary Tools for Asian Stock analysis
When running Asian Paints' price analysis, check to measure Asian Paints' 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 Asian Paints is operating at the current time. Most of Asian Paints' value examination focuses on studying past and present price action to predict the probability of Asian Paints' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asian Paints' price. Additionally, you may evaluate how the addition of Asian Paints to your portfolios can decrease your overall portfolio volatility.
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