Hindustan Zinc (India) Price on August 22, 2024
| HINDZINC | 504.60 10.55 2.14% |
Below is the normalized historical share price chart for Hindustan Zinc Limited extending back to November 22, 2006. 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 Hindustan Zinc stands at 504.60, as last reported on the 2nd of December, with the highest price reaching 505.90 and the lowest price hitting 491.60 during the day.
If you're considering investing in Hindustan Stock, it is important to understand the factors that can impact its price. As of now, Hindustan Stock is very steady. Hindustan Zinc holds Efficiency (Sharpe) Ratio of 0.0286, which attests that the entity had a 0.0286% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hindustan Zinc, which you can use to evaluate the volatility of the firm. Please check out Hindustan Zinc's Downside Deviation of 2.28, risk adjusted performance of 0.0074, and Market Risk Adjusted Performance of 0.0259 to validate if the risk estimate we provide is consistent with the expected return of 0.0611%.
At this time, Hindustan Zinc's Total Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Common Stock Shares Outstanding is likely to grow to about 4.6 B, though Other Stockholder Equity is likely to grow to (37.9 B). . Hindustan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 518.3928 | 50 Day MA 512.977 | Beta 0.684 |
Hindustan |
Sharpe Ratio = 0.0286
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| Cash | Small Risk | HINDZINC | High Risk | Huge Risk |
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hindustan Zinc is performing at about 2% 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 Hindustan Zinc by adding it to a well-diversified portfolio.
Price Book 27.9803 | Enterprise Value Ebitda 13.5827 | Price Sales 6.9707 | Shares Float 297.2 M | Dividend Share 29 |
Hindustan Zinc Valuation on August 22, 2024
It is possible to determine the worth of Hindustan Zinc on a given historical date. On August 22, 2024 Hindustan was worth 494.59 at the beginning of the trading date compared to the closed value of 500.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hindustan Zinc stock. Still, in general, we apply an absolute valuation method to find Hindustan Zinc'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 Hindustan Zinc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hindustan Zinc's related companies.
| Open | High | Low | Close | Volume | |
| 497.54 | 498.45 | 490.59 | 492.62 | 7,475,230 | |
08/22/2024 | 494.59 | 501.30 | 493.87 | 500.14 | 7,868,421 |
| 498.55 | 501.10 | 494.26 | 495.46 | 4,980,038 |
| Backtest Hindustan Zinc | | | Hindustan Zinc History | | | Hindustan Zinc Valuation | Previous | Next |
Hindustan Zinc Trading Date Momentum on August 22, 2024
| On August 23 2024 Hindustan Zinc Limited was traded for 495.46 at the closing time. The highest price during the trading period was 501.10 and the lowest recorded bid was listed for 494.26 . The volume for the day was 5 M. This history from August 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.94% . The trading delta at closing time to the current price is 0.37% . |
Hindustan Zinc Fundamentals Correlations and Trends
By evaluating Hindustan Zinc'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 Hindustan Zinc's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hindustan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hindustan Zinc Stock history
Hindustan Zinc 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 Hindustan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hindustan Zinc 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 Hindustan Zinc stock prices may prove useful in developing a viable investing in Hindustan Zinc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.2 B | 4.6 B | |
| Net Income Applicable To Common Shares | 120.9 B | 92.1 B |
Hindustan Zinc Stock Technical Analysis
Hindustan Zinc 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
Hindustan Zinc Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Hindustan Zinc 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.
Hindustan Zinc December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Hindustan Zinc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hindustan Zinc shares will generate the highest return on investment. By undertsting and applying Hindustan Zinc stock market strength indicators, traders can identify Hindustan Zinc Limited entry and exit signals to maximize returns
Hindustan Zinc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hindustan Zinc's price direction in advance. Along with the technical and fundamental analysis of Hindustan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hindustan 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 | 0.0074 | |||
| Jensen Alpha | 0.051 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0159 |
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Other Information on Investing in Hindustan Stock
Hindustan Zinc financial ratios help investors to determine whether Hindustan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hindustan with respect to the benefits of owning Hindustan Zinc security.