HCL Technologies (India) Price on April 18, 2024

HCLTECH Stock   1,848  7.15  0.39%   
If you're considering investing in HCL Stock, it is important to understand the factors that can impact its price. As of today, the current price of HCL Technologies stands at 1,848, as last reported on the 2nd of December, with the highest price reaching 1,872 and the lowest price hitting 1,834 during the day. HCL Technologies is very steady at the moment. HCL Technologies holds Efficiency (Sharpe) Ratio of 0.0538, which attests that the company had a 0.0538% return per unit of risk over the last 3 months. We have found thirty technical indicators for HCL Technologies, which you can use to evaluate the volatility of the entity. Please check out HCL Technologies' downside deviation of 1.38, and Semi Deviation of 1.28 to validate if the risk estimate we provide is consistent with the expected return of 0.0699%.
  
HCL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0538

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Estimated Market Risk

 1.3
  actual daily
11
89% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average HCL Technologies is performing at about 4% of its full potential. 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 HCL Technologies by adding it to a well-diversified portfolio.

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HCL Technologies Valuation on April 18, 2024

It is possible to determine the worth of HCL Technologies on a given historical date. On April 18, 2024 HCL was worth 1436.98 at the beginning of the trading date compared to the closed value of 1427.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HCL Technologies stock. Still, in general, we apply an absolute valuation method to find HCL Technologies' 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 HCL Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HCL Technologies' related companies.
 Open High Low Close Volume
  1,446    1,461    1,427    1,437    2,446,933  
04/18/2024
  1,437    1,441    1,413    1,427    5,180,223  
  1,403    1,416    1,396    1,408    5,219,506  
Backtest HCL Technologies  |  HCL Technologies History  |  HCL Technologies Valuation   PreviousNext  
Open Value
1436.98
1427.06
Closing Value
1,441
Upside

HCL Technologies Trading Date Momentum on April 18, 2024

On April 19 2024 HCL Technologies Limited was traded for  1,408  at the closing time. The highest price during the trading period was 1,416  and the lowest recorded bid was listed for  1,396 . The volume for the day was 5.2 M. This history from April 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.32% . The trading delta at closing time to the current price is 3.54% .

HCL Technologies Fundamentals Correlations and Trends

By evaluating HCL Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HCL Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HCL financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About HCL Technologies Stock history

HCL Technologies 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 HCL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HCL Technologies 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 HCL Technologies stock prices may prove useful in developing a viable investing in HCL Technologies

HCL Technologies Stock Technical Analysis

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

HCL Technologies Period Price Range

Low
December 2, 2024
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High

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HCL Technologies 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.

HCL Technologies December 2, 2024 Market Strength

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

HCL Technologies Technical and Predictive Indicators

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

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