Jash Engineering (India) Price on October 16, 2024

JASH Stock   597.95  5.75  0.95%   
Below is the normalized historical share price chart for Jash Engineering Limited extending back to October 12, 2017. 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 Jash Engineering stands at 597.95, as last reported on the 15th of December 2024, with the highest price reaching 610.95 and the lowest price hitting 588.15 during the day.
200 Day MA
446.2942
50 Day MA
526.3914
Beta
0.33
 
Covid
If you're considering investing in Jash Stock, it is important to understand the factors that can impact its price. Jash Engineering appears to be very steady, given 3 months investment horizon. Jash Engineering 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. By evaluating Jash Engineering's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Jash Engineering's Risk Adjusted Performance of 0.1681, market risk adjusted performance of 2.57, and Downside Deviation of 2.33 to validate if our risk estimates are consistent with your expectations.
  
At this time, Jash Engineering's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 12.8 M in 2024, whereas Common Stock is likely to drop slightly above 120.6 M in 2024. . Jash Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2141

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Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Jash Engineering is performing at about 16% 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 Jash Engineering by adding it to a well-diversified portfolio.
Price Book
10.6516
Book Value
56.755
Enterprise Value
37.5 B
Enterprise Value Ebitda
35.1932
Price Sales
6.6095

Jash Engineering Valuation on October 16, 2024

It is possible to determine the worth of Jash Engineering on a given historical date. On October 16, 2024 Jash was worth 493.85 at the beginning of the trading date compared to the closed value of 511.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jash Engineering stock. Still, in general, we apply an absolute valuation method to find Jash Engineering'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 Jash Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jash Engineering's related companies.
 Open High Low Close Volume
  489.89    499.98    471.75    492.30    358,165  
10/16/2024
  493.85    519.80    493.85    511.13    542,830  
  514.60    520.05    500.00    518.69    303,945  
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Open Value
493.85
484.49
Downside
511.13
Closing Value
503.21
Upside

Jash Engineering Trading Date Momentum on October 16, 2024

On October 17 2024 Jash Engineering Limited was traded for  518.69  at the closing time. The highest price during the trading period was 520.05  and the lowest recorded bid was listed for  500.00 . The volume for the day was 303.9 K. This history from October 17, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.48% . The trading delta at closing time to the current price is 6.27% .

Jash Engineering Fundamentals Correlations and Trends

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

About Jash Engineering Stock history

Jash Engineering 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 Jash is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jash Engineering 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 Jash Engineering stock prices may prove useful in developing a viable investing in Jash Engineering
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.2 M12.8 M
Net Income Applicable To Common Shares594.6 M624.3 M

Jash Engineering Quarterly Net Working Capital

2.09 Billion

Jash Engineering Stock Technical Analysis

Jash Engineering 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 Jash Engineering technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jash Engineering 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

Jash Engineering Period Price Range

Low
December 15, 2024
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High

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Jash Engineering 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.

Jash Engineering December 15, 2024 Market Strength

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

Jash Engineering Technical and Predictive Indicators

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

Additional Tools for Jash Stock Analysis

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