Hi-Tech Gears (India) Price on October 13, 2023
| HITECHGEAR | 620.60 24.10 3.74% |
Below is the normalized historical share price chart for The Hi Tech Gears extending back to May 15, 2003. 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 Gears stands at 620.60, as last reported on the 1st of March, with the highest price reaching 637.45 and the lowest price hitting 612.50 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 Gears holds Efficiency (Sharpe) Ratio of -0.21, which attests that the entity had a -0.21 % return per unit of risk over the last 3 months. Hi-Tech Gears exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hi-Tech Gears' Market Risk Adjusted Performance of (4.05), standard deviation of 2.24, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
At this time, Hi-Tech Gears' Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. . Hi-Tech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 874.9145 | 50 Day MA 747.322 | Beta 1.466 |
Hi-Tech |
Sharpe Ratio = -0.2082
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HITECHGEAR |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hi-Tech Gears 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 Gears by adding Hi-Tech Gears to a well-diversified portfolio.
Price Book 2.4762 | Book Value 261.009 | Enterprise Value 14.3 B | Enterprise Value Ebitda 9.6382 | Price Sales 1.1751 |
Hi-Tech Gears Valuation on October 13, 2023
It is possible to determine the worth of Hi-Tech Gears on a given historical date. On October 13, 2023 Hi-Tech was worth 372.04 at the beginning of the trading date compared to the closed value of 368.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hi-Tech Gears stock. Still, in general, we apply an absolute valuation method to find Hi-Tech Gears' 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 Gears where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hi-Tech Gears' related companies.
| Open | High | Low | Close | Volume | |
| 373.63 | 373.63 | 363.64 | 367.22 | 4,655 | |
10/13/2023 | 372.04 | 372.14 | 364.39 | 368.96 | 5,326 |
| 371.84 | 393.72 | 370.90 | 390.24 | 38,662 |
| Backtest Hi-Tech Gears | | | Hi-Tech Gears History | | | Hi-Tech Gears Valuation | Previous | Next |
Hi-Tech Gears Trading Date Momentum on October 13, 2023
| On October 16 2023 The Hi Tech Gears was traded for 390.24 at the closing time. The highest price during the trading period was 393.72 and the lowest recorded bid was listed for 370.90 . The volume for the day was 38.7 K. This history from October 16, 2023 contributed to the next trading day price rise. The trading delta at closing time to the next closing price was 5.77% . The trading price change to the current price is 8.41% . |
Hi-Tech Gears Fundamentals Correlations and Trends
By evaluating Hi-Tech Gears' 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 Gears' 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 Gears Stock history
Hi-Tech Gears 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 Gears 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 Gears stock prices may prove useful in developing a viable investing in Hi-Tech Gears
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.9 M | 15.9 M | |
| Net Income Applicable To Common Shares | 208 M | 163.6 M |
Hi-Tech Gears Quarterly Net Working Capital |
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Hi-Tech Gears Stock Technical Analysis
Hi-Tech Gears 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 Gears Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
The Hi Tech Gears 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 Gears March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Hi-Tech Gears 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 Gears shares will generate the highest return on investment. By undertsting and applying Hi-Tech Gears stock market strength indicators, traders can identify The Hi Tech Gears entry and exit signals to maximize returns
Hi-Tech Gears Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hi-Tech Gears' 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 | (0.11) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (4.06) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Complementary Tools for Hi-Tech Stock analysis
When running Hi-Tech Gears' price analysis, check to measure Hi-Tech Gears' 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 Gears is operating at the current time. Most of Hi-Tech Gears' value examination focuses on studying past and present price action to predict the probability of Hi-Tech Gears' 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 Gears' price. Additionally, you may evaluate how the addition of Hi-Tech Gears to your portfolios can decrease your overall portfolio volatility.
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