Gujarat Raffia (India) Price on May 21, 2024
| GUJRAFFIA | 43.94 0.67 1.50% |
Below is the normalized historical share price chart for Gujarat Raffia Industries extending back to December 06, 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 Gujarat Raffia stands at 43.94, as last reported on the 30th of November, with the highest price reaching 45.44 and the lowest price hitting 42.65 during the day.
If you're considering investing in Gujarat Stock, it is important to understand the factors that can impact its price. Gujarat Raffia Industries holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Gujarat Raffia Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gujarat Raffia's Risk Adjusted Performance of (0.04), standard deviation of 2.14, and Market Risk Adjusted Performance of (0.60) to validate the risk estimate we provide.
The Gujarat Raffia's current Common Stock Shares Outstanding is estimated to increase to about 5.7 M, while Total Stockholder Equity is projected to decrease to roughly 168 M. . Gujarat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 45.572 | 50 Day MA 44.54 | Beta 0.875 |
Gujarat |
Sharpe Ratio = -0.1155
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| Negative Returns | GUJRAFFIA |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gujarat Raffia 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 Gujarat Raffia by adding Gujarat Raffia to a well-diversified portfolio.
Book Value 38.221 | Enterprise Value 245.1 M | Shares Float 3 M | Market Capitalization 237.5 M | Earnings Share 2.07 |
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Gujarat Raffia Valuation on May 21, 2024
It is possible to determine the worth of Gujarat Raffia on a given historical date. On May 21, 2024 Gujarat was worth 41.65 at the beginning of the trading date compared to the closed value of 41.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gujarat Raffia stock. Still, in general, we apply an absolute valuation method to find Gujarat Raffia'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 Gujarat Raffia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gujarat Raffia's related companies.
| Open | High | Low | Close | Volume | |
| 41.85 | 43.00 | 39.80 | 41.10 | 1,798 | |
05/21/2024 | 41.65 | 42.95 | 40.60 | 41.95 | 3,920 |
| 44.00 | 44.00 | 42.50 | 43.40 | 15,642 |
| Backtest Gujarat Raffia | | | Gujarat Raffia History | | | Gujarat Raffia Valuation | Previous | Next |
Gujarat Raffia Trading Date Momentum on May 21, 2024
| On May 22 2024 Gujarat Raffia Industries was traded for 43.40 at the closing time. The highest price during the trading period was 44.00 and the lowest recorded bid was listed for 42.50 . The volume for the day was 15.6 K. This history from May 22, 2024 contributed to the next trading day price rise. The overall trading delta to the next closing price was 3.46% . The overall trading delta to the current price is 0.00% . |
Gujarat Raffia Industries Fundamentals Correlations and Trends
By evaluating Gujarat Raffia'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 Gujarat Raffia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gujarat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gujarat Raffia Stock history
Gujarat Raffia 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 Gujarat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gujarat Raffia Industries 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 Gujarat Raffia stock prices may prove useful in developing a viable investing in Gujarat Raffia
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.4 M | 5.7 M | |
| Net Income Applicable To Common Shares | 11.8 M | 9.5 M |
Gujarat Raffia Stock Technical Analysis
Gujarat Raffia 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
Gujarat Raffia Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Gujarat Raffia Industries 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.
Gujarat Raffia November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Gujarat Raffia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gujarat Raffia shares will generate the highest return on investment. By undertsting and applying Gujarat Raffia stock market strength indicators, traders can identify Gujarat Raffia Industries entry and exit signals to maximize returns
Gujarat Raffia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gujarat Raffia's price direction in advance. Along with the technical and fundamental analysis of Gujarat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gujarat 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 | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.61) |
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Complementary Tools for Gujarat Stock analysis
When running Gujarat Raffia's price analysis, check to measure Gujarat Raffia'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 Gujarat Raffia is operating at the current time. Most of Gujarat Raffia's value examination focuses on studying past and present price action to predict the probability of Gujarat Raffia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gujarat Raffia's price. Additionally, you may evaluate how the addition of Gujarat Raffia to your portfolios can decrease your overall portfolio volatility.
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