Electrosteel Castings (India) Price on October 3, 2024
| ELECTCAST | 141.71 5.47 3.72% |
Below is the normalized historical share price chart for Electrosteel Castings 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 Electrosteel Castings stands at 141.71, as last reported on the 23rd of December, with the highest price reaching 149.59 and the lowest price hitting 141.01 during the day.
If you're considering investing in Electrosteel Stock, it is important to understand the factors that can impact its price. Electrosteel Castings secures Sharpe Ratio (or Efficiency) of -0.2, which denotes the company had a -0.2% return per unit of risk over the last 3 months. Electrosteel Castings Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Electrosteel Castings' Standard Deviation of 3.1, variance of 9.59, and Mean Deviation of 2.21 to check the risk estimate we provide.
The current year's Total Stockholder Equity is expected to grow to about 53.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 405.2 M. . Electrosteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 186.0647 | 50 Day MA 193.8542 | Beta 0.566 |
Electrosteel |
Sharpe Ratio = -0.1992
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| Negative Returns | ELECTCAST |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.62 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Electrosteel Castings 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 Electrosteel Castings by adding Electrosteel Castings to a well-diversified portfolio.
Price Book 1.6111 | Enterprise Value Ebitda 7.1353 | Price Sales 1.1468 | Shares Float 320.1 M | Dividend Share 0.9 |
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Electrosteel Castings Valuation on October 3, 2024
It is possible to determine the worth of Electrosteel Castings on a given historical date. On October 3, 2024 Electrosteel was worth 210.0 at the beginning of the trading date compared to the closed value of 205.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Electrosteel Castings stock. Still, in general, we apply an absolute valuation method to find Electrosteel Castings' 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 Electrosteel Castings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Electrosteel Castings' related companies.
| Open | High | Low | Close | Volume | |
| 212.60 | 216.00 | 212.29 | 212.77 | 707,134 | |
10/03/2024 | 210.00 | 211.48 | 203.87 | 205.55 | 1,684,901 |
| 205.95 | 206.59 | 197.01 | 199.32 | 1,537,023 |
| Backtest Electrosteel Castings | | | Electrosteel Castings History | | | Electrosteel Castings Valuation | Previous | Next |
Electrosteel Castings Trading Date Momentum on October 3, 2024
| On October 04 2024 Electrosteel Castings Limited was traded for 199.32 at the closing time. The highest price during the trading period was 206.59 and the lowest recorded bid was listed for 197.01 . The volume for the day was 1.5 M. This history from October 4, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.03% . The overall trading delta to the current price is 1.24% . |
Electrosteel Castings Fundamentals Correlations and Trends
By evaluating Electrosteel Castings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Electrosteel Castings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Electrosteel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Electrosteel Castings Stock history
Electrosteel Castings 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 Electrosteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Electrosteel Castings 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 Electrosteel Castings stock prices may prove useful in developing a viable investing in Electrosteel Castings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 601.5 M | 405.2 M | |
| Net Income Applicable To Common Shares | 3.6 B | 3.8 B |
Electrosteel Castings Quarterly Net Working Capital |
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Electrosteel Castings Stock Technical Analysis
Electrosteel Castings 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
Electrosteel Castings Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Electrosteel Castings 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.
Electrosteel Castings December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Electrosteel Castings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Electrosteel Castings shares will generate the highest return on investment. By undertsting and applying Electrosteel Castings stock market strength indicators, traders can identify Electrosteel Castings Limited entry and exit signals to maximize returns
Electrosteel Castings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Electrosteel Castings' price direction in advance. Along with the technical and fundamental analysis of Electrosteel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Electrosteel 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 | (0.15) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (2.42) |
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Complementary Tools for Electrosteel Stock analysis
When running Electrosteel Castings' price analysis, check to measure Electrosteel Castings' 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 Electrosteel Castings is operating at the current time. Most of Electrosteel Castings' value examination focuses on studying past and present price action to predict the probability of Electrosteel Castings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electrosteel Castings' price. Additionally, you may evaluate how the addition of Electrosteel Castings to your portfolios can decrease your overall portfolio volatility.
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