Godrej Agrovet (India) Price on September 16, 2024

GODREJAGRO   750.55  1.00  0.13%   
Below is the normalized historical share price chart for Godrej Agrovet Limited extending back to October 16, 2017. 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 Godrej Agrovet stands at 750.55, as last reported on the 1st of December, with the highest price reaching 763.00 and the lowest price hitting 739.75 during the day.
200 Day MA
671.334
50 Day MA
745.658
Beta
0.429
 
Covid
If you're considering investing in Godrej Stock, it is important to understand the factors that can impact its price. Godrej Agrovet holds Efficiency (Sharpe) Ratio of -0.0638, which attests that the entity had a -0.0638% return per unit of risk over the last 3 months. Godrej Agrovet exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Godrej Agrovet's Standard Deviation of 1.8, market risk adjusted performance of (0.80), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
  
At present, Godrej Agrovet's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 2.9 B, whereas Total Stockholder Equity is forecasted to decline to about 16 B. . Godrej Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0638

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Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Godrej Agrovet 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 Godrej Agrovet by adding Godrej Agrovet to a well-diversified portfolio.
Price Book
6.0891
Enterprise Value Ebitda
19.2119
Price Sales
1.5572
Shares Float
46.6 M
Wall Street Target Price
797.6667

Godrej Agrovet Valuation on September 16, 2024

It is possible to determine the worth of Godrej Agrovet on a given historical date. On September 16, 2024 Godrej was worth 800.05 at the beginning of the trading date compared to the closed value of 804.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Godrej Agrovet stock. Still, in general, we apply an absolute valuation method to find Godrej Agrovet'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 Godrej Agrovet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Godrej Agrovet's related companies.
 Open High Low Close Volume
  785.00    835.00    782.00    795.45    4,566,203  
09/16/2024
  800.05    821.00    798.25    804.75    1,056,392  
  810.00    844.00    799.00    832.00    598,109  
Backtest Godrej Agrovet  |  Godrej Agrovet History  |  Godrej Agrovet Valuation   PreviousNext  
Open Value
800.05
794.82
Downside
804.75
Closing Value
805.29
Upside

Godrej Agrovet Trading Date Momentum on September 16, 2024

On September 17 2024 Godrej Agrovet Limited was traded for  832.00  at the closing time. The highest price during the trading period was 844.00  and the lowest recorded bid was listed for  799.00 . The volume for the day was 598.1 K. This history from September 17, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.39% . The overall trading delta to the current price is 3.35% .

Godrej Agrovet Fundamentals Correlations and Trends

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

About Godrej Agrovet Stock history

Godrej Agrovet 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 Godrej is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Godrej Agrovet 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 Godrej Agrovet stock prices may prove useful in developing a viable investing in Godrej Agrovet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding192.3 M210.3 M
Net Income Applicable To Common Shares3.5 B2.9 B

Godrej Agrovet Stock Technical Analysis

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

Godrej Agrovet Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Godrej Agrovet 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.

Godrej Agrovet December 1, 2024 Market Strength

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

Godrej Agrovet Technical and Predictive Indicators

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

Complementary Tools for Godrej Stock analysis

When running Godrej Agrovet's price analysis, check to measure Godrej Agrovet'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 Godrej Agrovet is operating at the current time. Most of Godrej Agrovet's value examination focuses on studying past and present price action to predict the probability of Godrej Agrovet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godrej Agrovet's price. Additionally, you may evaluate how the addition of Godrej Agrovet to your portfolios can decrease your overall portfolio volatility.
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