HDFC Mutual (India) Price on October 22, 2024
| HDFCNEXT50 | 72.62 0.90 1.25% |
If you're considering investing in HDFC Etf, it is important to understand the factors that can impact its price. As of today, the current price of HDFC Mutual stands at 72.62, as last reported on the 4th of December, with the highest price reaching 72.70 and the lowest price hitting 71.60 during the day. HDFC Mutual Fund holds Efficiency (Sharpe) Ratio of -0.0632, which attests that the entity had a -0.0632% return per unit of return volatility over the last 3 months. HDFC Mutual Fund exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HDFC Mutual's Coefficient Of Variation of (1,751), market risk adjusted performance of (0.14), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
HDFC Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
HDFC |
Sharpe Ratio = -0.0632
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HDFCNEXT50 |
Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.07 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 HDFC Mutual 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 HDFC Mutual by adding HDFC Mutual to a well-diversified portfolio.
HDFC Mutual Valuation on October 22, 2024
It is possible to determine the worth of HDFC Mutual on a given historical date. On October 22, 2024 HDFC was worth 73.41 at the beginning of the trading date compared to the closed value of 72.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HDFC Mutual etf. Still, in general, we apply an absolute valuation method to find HDFC Mutual'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 HDFC Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HDFC Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 75.94 | 75.95 | 74.00 | 74.18 | 88,786 | |
10/22/2024 | 73.41 | 74.74 | 71.85 | 72.03 | 172,059 |
| 72.79 | 72.99 | 70.50 | 71.68 | 152,456 |
| Backtest HDFC Mutual | | | HDFC Mutual History | Previous | Next |
HDFC Mutual Trading Date Momentum on October 22, 2024
| On October 23 2024 HDFC Mutual Fund was traded for 71.68 at the closing time. The highest price during the trading period was 72.99 and the lowest recorded bid was listed for 70.50 . The volume for the day was 152.5 K. This history from October 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.49% . The trading delta at closing time to the current price is 1.92% . |
Price Boundaries
HDFC Mutual Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
HDFC Mutual Fund 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.
HDFC Mutual December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how HDFC Mutual etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HDFC Mutual shares will generate the highest return on investment. By undertsting and applying HDFC Mutual etf market strength indicators, traders can identify HDFC Mutual Fund entry and exit signals to maximize returns
HDFC Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HDFC Mutual's price direction in advance. Along with the technical and fundamental analysis of HDFC Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of HDFC 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.