HDFC Nifty (India) Price on November 4, 2024
| HDFCNIF100 | 26.06 0.06 0.23% |
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 Nifty stands at 26.06, as last reported on the 11th of December 2024, with the highest price reaching 26.45 and the lowest price hitting 26.00 during the day. HDFC Nifty 100 holds Efficiency (Sharpe) Ratio of -0.0275, which attests that the entity had a -0.0275% return per unit of return volatility over the last 3 months. HDFC Nifty 100 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HDFC Nifty's insignificant Risk Adjusted Performance, market risk adjusted performance of (0.08), and Coefficient Of Variation of (8,621) 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 = -0.0275
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| Negative Returns | HDFCNIF100 |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HDFC Nifty 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 Nifty by adding HDFC Nifty to a well-diversified portfolio.
HDFC Nifty Valuation on November 4, 2024
It is possible to determine the worth of HDFC Nifty on a given historical date. On November 4, 2024 HDFC was worth 26.2 at the beginning of the trading date compared to the closed value of 25.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HDFC Nifty etf. Still, in general, we apply an absolute valuation method to find HDFC Nifty'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 Nifty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HDFC Nifty's related companies.
| Open | High | Low | Close | Volume | |
| 25.61 | 25.61 | 25.61 | 25.61 | 23,103 | |
11/04/2024 | 26.20 | 26.30 | 25.09 | 25.29 | 126,828 |
| 25.00 | 25.90 | 25.00 | 25.54 | 55,496 |
| Backtest HDFC Nifty | | | HDFC Nifty History | Previous | Next |
HDFC Nifty Trading Date Momentum on November 4, 2024
| On November 05 2024 HDFC Nifty 100 was traded for 25.54 at the closing time. The highest price during the trading period was 25.90 and the lowest recorded bid was listed for 25.00 . The volume for the day was 55.5 K. This history from November 5, 2024 contributed to the next trading day price rise. The trading delta at closing time to the next closing price was 0.99% . The trading delta at closing time to the current price is 0.75% . |
Price Boundaries
HDFC Nifty Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
HDFC Nifty 100 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 Nifty December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how HDFC Nifty 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 Nifty shares will generate the highest return on investment. By undertsting and applying HDFC Nifty etf market strength indicators, traders can identify HDFC Nifty 100 entry and exit signals to maximize returns
HDFC Nifty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HDFC Nifty'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.