Hi-Tech Pipes (India) Price on October 7, 2024
| HITECH Stock | 111.91 1.39 1.26% |
Below is the normalized historical share price chart for Hi Tech Pipes Limited extending back to February 25, 2016. 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 Hi-Tech Pipes stands at 111.91, as last reported on the 26th of February, with the highest price reaching 113.95 and the lowest price hitting 110.41 during the day.
If you're considering investing in Hi-Tech Stock, it is important to understand the factors that can impact its price. Hi Tech Pipes retains Efficiency (Sharpe Ratio) of -0.22, which attests that the entity had a -0.22 % return per unit of price deviation over the last 3 months. Hi-Tech Pipes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hi-Tech Pipes' Information Ratio of (0.19), coefficient of variation of (527.09), and Market Risk Adjusted Performance of 3.56 to validate the risk estimate we provide.
At present, Hi-Tech Pipes' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 14.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 130.5 M. . Hi-Tech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 157.1131 | 50 Day MA 135.6432 | Beta 1.088 |
Hi-Tech |
Sharpe Ratio = -0.2198
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| Negative Returns | HITECH |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hi-Tech Pipes 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 Hi-Tech Pipes by adding Hi-Tech Pipes to a well-diversified portfolio.
Price Book 2.9962 | Enterprise Value Ebitda 15.9889 | Price Sales 0.7533 | Shares Float 93.4 M | Wall Street Target Price 210.6667 |
Hi-Tech Pipes Main Headline on 7th of October 2024
Hi-Tech Pipes Launches QIP At Floor Price Of Rs 194.98 Per S... by news.google.com
Hi-Tech Pipes Launches QIP At Floor Price Of Rs 194.98 Per Share NDTV Profit
Hi-Tech Pipes Valuation on October 7, 2024
It is possible to determine the worth of Hi-Tech Pipes on a given historical date. On October 7, 2024 Hi-Tech was worth 189.76 at the beginning of the trading date compared to the closed value of 198.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hi-Tech Pipes stock. Still, in general, we apply an absolute valuation method to find Hi-Tech Pipes' 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 Hi-Tech Pipes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hi-Tech Pipes' related companies.
| Open | High | Low | Close | Volume | |
| 193.00 | 198.00 | 183.52 | 189.75 | 2,025,259 | |
10/07/2024 | 189.76 | 204.76 | 189.76 | 198.73 | 7,331,781 |
| 201.25 | 203.95 | 195.00 | 202.30 | 3,775,871 |
| Backtest Hi-Tech Pipes | | | Hi-Tech Pipes History | | | Hi-Tech Pipes Valuation | Previous | Next |
Hi-Tech Pipes Trading Date Momentum on October 7, 2024
| On October 08 2024 Hi Tech Pipes Limited was traded for 202.30 at the closing time. The highest price during the trading period was 203.95 and the lowest recorded bid was listed for 195.00 . The volume for the day was 3.8 M. This history from October 8, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.80% . The trading delta at closing time to the current price is 0.66% . |
Hi Tech Pipes Fundamentals Correlations and Trends
By evaluating Hi-Tech Pipes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hi-Tech Pipes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hi-Tech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hi-Tech Pipes Stock history
Hi-Tech Pipes 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 Hi-Tech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hi Tech Pipes 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 Hi-Tech Pipes stock prices may prove useful in developing a viable investing in Hi-Tech Pipes
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 188.1 M | 130.5 M | |
| Net Income Applicable To Common Shares | 325.8 M | 231.8 M |
Hi-Tech Pipes Quarterly Net Working Capital |
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Hi-Tech Pipes Stock Technical Analysis
Hi-Tech Pipes 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
Hi-Tech Pipes Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Hi Tech Pipes 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.
Hi-Tech Pipes February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Hi-Tech Pipes stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hi-Tech Pipes shares will generate the highest return on investment. By undertsting and applying Hi-Tech Pipes stock market strength indicators, traders can identify Hi Tech Pipes Limited entry and exit signals to maximize returns
Hi-Tech Pipes Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hi-Tech Pipes' price direction in advance. Along with the technical and fundamental analysis of Hi-Tech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hi-Tech 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 | (0.13) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 3.55 |
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Complementary Tools for Hi-Tech Stock analysis
When running Hi-Tech Pipes' price analysis, check to measure Hi-Tech Pipes' 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 Hi-Tech Pipes is operating at the current time. Most of Hi-Tech Pipes' value examination focuses on studying past and present price action to predict the probability of Hi-Tech Pipes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi-Tech Pipes' price. Additionally, you may evaluate how the addition of Hi-Tech Pipes to your portfolios can decrease your overall portfolio volatility.
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