Jindal Saw (India) Price on October 21, 2024

JINDALSAW   308.05  4.20  1.35%   
Below is the normalized historical share price chart for Jindal Saw Limited extending back to July 01, 2002. 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 Jindal Saw stands at 308.05, as last reported on the 30th of November, with the highest price reaching 314.30 and the lowest price hitting 303.05 during the day.
200 Day MA
292.7455
50 Day MA
331.812
Beta
0.766
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Jindal Stock, it is important to understand the factors that can impact its price. Jindal Saw Limited holds Efficiency (Sharpe) Ratio of -0.0549, which attests that the entity had a -0.0549% return per unit of risk over the last 3 months. Jindal Saw Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jindal Saw's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.36), and Standard Deviation of 2.47 to validate the risk estimate we provide.
  
At this time, Jindal Saw's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 682.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 118.8 B in 2024. . Jindal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0549

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Negative ReturnsJINDALSAW

Estimated Market Risk

 2.52
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jindal Saw 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 Jindal Saw by adding Jindal Saw to a well-diversified portfolio.
Price Book
1.8219
Enterprise Value Ebitda
6.6081
Price Sales
0.9081
Shares Float
227.3 M
Wall Street Target Price
452

Jindal Saw Valuation on October 21, 2024

It is possible to determine the worth of Jindal Saw on a given historical date. On October 21, 2024 Jindal was worth 376.0 at the beginning of the trading date compared to the closed value of 343.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jindal Saw stock. Still, in general, we apply an absolute valuation method to find Jindal Saw'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 Jindal Saw where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jindal Saw's related companies.
 Open High Low Close Volume
  364.95    370.45    355.00    365.25    1,119,273  
10/21/2024
  376.00    378.15    326.85    343.60    6,326,876  
  347.65    347.65    330.20    333.00    3,082,131  
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Open Value
376.0
368.45
Downside
343.6
Closing Value
383.55
Upside

Jindal Saw Trading Date Momentum on October 21, 2024

On October 22 2024 Jindal Saw Limited was traded for  333.00  at the closing time. The highest price during the trading period was 347.65  and the lowest recorded bid was listed for  330.20 . The volume for the day was 3.1 M. This history from October 22, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.08% . The trading delta at closing time to the current price is 8.21% .

Jindal Saw Limited Fundamentals Correlations and Trends

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

About Jindal Saw Stock history

Jindal Saw 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 Jindal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jindal Saw 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 Jindal Saw stock prices may prove useful in developing a viable investing in Jindal Saw
Last ReportedProjected for Next Year
Common Stock Shares Outstanding636.7 M333.9 M
Net Income Applicable To Common Shares7.3 B7.6 B

Jindal Saw Stock Technical Analysis

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

Jindal Saw Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Jindal Saw 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.

Jindal Saw November 30, 2024 Market Strength

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

Jindal Saw Technical and Predictive Indicators

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

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