Hitech (India) Price on November 11, 2024
| HITECHCORP | 186.86 3.12 1.64% |
Below is the normalized historical share price chart for Hitech Limited extending back to December 20, 2007. 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 Hitech stands at 186.86, as last reported on the 26th of February, with the highest price reaching 190.01 and the lowest price hitting 182.50 during the day.
If you're considering investing in Hitech Stock, it is important to understand the factors that can impact its price. Hitech Limited holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1 % return per unit of risk over the last 3 months. Hitech Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hitech's Market Risk Adjusted Performance of 1.97, standard deviation of 3.0, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
At present, Hitech's Common Stock is projected to increase significantly based on the last few years of reporting. . Hitech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 239.1981 | 50 Day MA 219.7328 | Beta 0.997 |
Hitech |
Sharpe Ratio = -0.1029
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| Negative Returns | HITECHCORP |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hitech 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 Hitech by adding Hitech to a well-diversified portfolio.
Price Book 1.2157 | Book Value 156.366 | Enterprise Value 4.1 B | Enterprise Value Ebitda 5.899 | Price Sales 0.5827 |
Hitech Valuation on November 11, 2024
It is possible to determine the worth of Hitech on a given historical date. On November 11, 2024 Hitech was worth 265.35 at the beginning of the trading date compared to the closed value of 263.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hitech stock. Still, in general, we apply an absolute valuation method to find Hitech'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 Hitech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hitech's related companies.
| Open | High | Low | Close | Volume | |
| 275.00 | 278.95 | 265.80 | 268.00 | 19,286 | |
11/11/2024 | 265.35 | 268.00 | 261.00 | 263.95 | 13,106 |
| 269.50 | 269.75 | 252.10 | 254.35 | 17,274 |
| Backtest Hitech | | | Hitech History | | | Hitech Valuation | Previous | Next |
Hitech Trading Date Momentum on November 11, 2024
| On November 12 2024 Hitech Limited was traded for 254.35 at the closing time. The highest price during the trading period was 269.75 and the lowest recorded bid was listed for 252.10 . The volume for the day was 17.3 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.64% . The trading delta at closing time to the current price is 10.99% . |
Hitech Limited Fundamentals Correlations and Trends
By evaluating Hitech'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 Hitech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hitech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hitech Stock history
Hitech 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 Hitech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hitech Limited 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 Hitech stock prices may prove useful in developing a viable investing in Hitech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.8 M | 16.8 M | |
| Net Income Applicable To Common Shares | 325.8 M | 342.1 M |
Hitech Stock Technical Analysis
Hitech 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
Hitech Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Hitech 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.
Hitech February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Hitech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hitech shares will generate the highest return on investment. By undertsting and applying Hitech stock market strength indicators, traders can identify Hitech Limited entry and exit signals to maximize returns
Hitech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hitech's price direction in advance. Along with the technical and fundamental analysis of Hitech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hitech 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 | (0.06) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.96 |
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| Volume Indicators |
Complementary Tools for Hitech Stock analysis
When running Hitech's price analysis, check to measure Hitech's 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 Hitech is operating at the current time. Most of Hitech's value examination focuses on studying past and present price action to predict the probability of Hitech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitech's price. Additionally, you may evaluate how the addition of Hitech to your portfolios can decrease your overall portfolio volatility.
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