Jai Balaji (India) Price on January 16, 2024

JAIBALAJI   842.90  6.65  0.80%   
If you're considering investing in Jai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jai Balaji stands at 842.90, as last reported on the 10th of January, with the highest price reaching 853.50 and the lowest price hitting 831.00 during the day. Jai Balaji Industries holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Jai Balaji Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jai Balaji's Market Risk Adjusted Performance of (1.20), standard deviation of 2.36, and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
  
Jai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1798

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Estimated Market Risk

 2.36
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jai Balaji 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 Jai Balaji by adding Jai Balaji to a well-diversified portfolio.

Jai Balaji Valuation on January 16, 2024

It is possible to determine the worth of Jai Balaji on a given historical date. On January 16, 2024 Jai was worth 1018.4 at the beginning of the trading date compared to the closed value of 1030.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jai Balaji stock. Still, in general, we apply an absolute valuation method to find Jai Balaji'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 Jai Balaji where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jai Balaji's related companies.
 Open High Low Close Volume
  945.00    987.95    945.00    987.45    267,315  
01/16/2024
  1,018    1,036    975.00    1,030    317,629  
  1,024    1,047    990.00    1,023    149,222  
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Open Value
1018.4
1030.5
Closing Value
1,025
Upside

Jai Balaji Trading Date Momentum on January 16, 2024

On January 17 2024 Jai Balaji Industries was traded for  1,023  at the closing time. The highest price during the trading period was 1,047  and the lowest recorded bid was listed for  990.00 . The volume for the day was 149.2 K. This history from January 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.76% . The trading delta at closing time to the current price is 4.32% .

Jai Balaji Industries Fundamentals Correlations and Trends

By evaluating Jai Balaji'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 Jai Balaji's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jai financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Jai Balaji Stock history

Jai Balaji 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 Jai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jai Balaji Industries 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 Jai Balaji stock prices may prove useful in developing a viable investing in Jai Balaji

Jai Balaji Stock Technical Analysis

Jai Balaji 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.
A focus of Jai Balaji technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jai Balaji trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Jai Balaji Period Price Range

Low
January 10, 2025
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High

 0.00 

     

 0.00 

Jai Balaji Industries 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.

Jai Balaji January 10, 2025 Market Strength

Market strength indicators help investors to evaluate how Jai Balaji stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jai Balaji shares will generate the highest return on investment. By undertsting and applying Jai Balaji stock market strength indicators, traders can identify Jai Balaji Industries entry and exit signals to maximize returns

Jai Balaji Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jai Balaji's price direction in advance. Along with the technical and fundamental analysis of Jai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jai 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.

Complementary Tools for Jai Stock analysis

When running Jai Balaji's price analysis, check to measure Jai Balaji'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 Jai Balaji is operating at the current time. Most of Jai Balaji's value examination focuses on studying past and present price action to predict the probability of Jai Balaji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jai Balaji's price. Additionally, you may evaluate how the addition of Jai Balaji to your portfolios can decrease your overall portfolio volatility.
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