Bannari Amman (India) Price on July 31, 2024

BASML Stock   52.21  2.10  3.87%   
Below is the normalized historical share price chart for Bannari Amman Spinning extending back to November 14, 2005. 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 Bannari Amman stands at 52.21, as last reported on the 1st of December, with the highest price reaching 52.22 and the lowest price hitting 52.00 during the day.
200 Day MA
51.2346
50 Day MA
58.1532
Beta
0.851
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bannari Stock, it is important to understand the factors that can impact its price. Bannari Amman Spinning secures Sharpe Ratio (or Efficiency) of -0.0969, which signifies that the company had a -0.0969% return per unit of risk over the last 3 months. Bannari Amman Spinning exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bannari Amman's Risk Adjusted Performance of (0.04), mean deviation of 1.8, and Standard Deviation of 2.5 to double-check the risk estimate we provide.
  
Sale Purchase Of Stock is expected to grow at the current pace this year, while Total Stockholder Equity is likely to drop about 3.1 B. . Bannari Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0969

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Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bannari Amman 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 Bannari Amman by adding Bannari Amman to a well-diversified portfolio.
Price Book
0.8676
Enterprise Value Ebitda
14.6098
Price Sales
0.374
Shares Float
25.9 M
Wall Street Target Price
275

Bannari Amman Main Headline on 31st of July 2024

Bannari Amman Spinning Mills Ltds Share Price Boosted 25 percent But Its Business Prospects Need A Lift Too Simply Wall St

Bannari Amman Valuation on July 31, 2024

It is possible to determine the worth of Bannari Amman on a given historical date. On July 31, 2024 Bannari was worth 59.8 at the beginning of the trading date compared to the closed value of 60.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bannari Amman stock. Still, in general, we apply an absolute valuation method to find Bannari Amman'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 Bannari Amman where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bannari Amman's related companies.
 Open High Low Close Volume
  56.63    62.20    55.85    59.12    4,948,340  
07/31/2024
  59.80    62.47    58.27    60.40    3,209,057  
  60.40    62.64    58.50    59.00    1,034,514  
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Open Value
59.8
60.4
Closing Value
67.34
Upside

Bannari Amman Trading Date Momentum on July 31, 2024

On August 01 2024 Bannari Amman Spinning was traded for  59.00  at the closing time. The highest price during the trading period was 62.64  and the lowest recorded bid was listed for  58.50 . The volume for the day was 1 M. This history from August 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.32% . The overall trading delta to the current price is 10.10% .

Bannari Amman Spinning Fundamentals Correlations and Trends

By evaluating Bannari Amman'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 Bannari Amman's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bannari financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bannari Amman Stock history

Bannari Amman 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 Bannari is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bannari Amman Spinning 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 Bannari Amman stock prices may prove useful in developing a viable investing in Bannari Amman
Last ReportedProjected for Next Year
Common Stock Shares Outstanding74.6 M57 M
Net Loss-266.4 M-253 M

Bannari Amman Stock Technical Analysis

Bannari Amman 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 Bannari Amman technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bannari Amman 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

Bannari Amman Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bannari Amman Spinning 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.

Bannari Amman December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Bannari Amman stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bannari Amman shares will generate the highest return on investment. By undertsting and applying Bannari Amman stock market strength indicators, traders can identify Bannari Amman Spinning entry and exit signals to maximize returns

Bannari Amman Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bannari Amman's price direction in advance. Along with the technical and fundamental analysis of Bannari Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bannari 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.

Other Information on Investing in Bannari Stock

Bannari Amman financial ratios help investors to determine whether Bannari 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 Bannari with respect to the benefits of owning Bannari Amman security.