Jindal Drilling (India) Price on October 21, 2024

JINDRILL   853.95  59.90  7.54%   
Below is the normalized historical share price chart for Jindal Drilling And extending back to September 23, 2004. 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 Drilling stands at 853.95, as last reported on the 30th of November, with the highest price reaching 859.85 and the lowest price hitting 795.00 during the day.
200 Day MA
668.1198
50 Day MA
668.975
Beta
0.447
 
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 Drilling appears to be very steady, given 3 months investment horizon. Jindal Drilling And 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. We have found thirty technical indicators for Jindal Drilling And, which you can use to evaluate the volatility of the firm. Please utilize Jindal Drilling's Risk Adjusted Performance of 0.1285, market risk adjusted performance of 3.56, and Downside Deviation of 2.06 to validate if our risk estimates are consistent with your expectations.
  
Other Stockholder Equity is expected to rise to about 5.6 B this year, although the value of Total Stockholder Equity will most likely fall to about 10 B. . Jindal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.18

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Estimated Market Risk

 2.65
  actual daily
23
77% of assets are more volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Jindal Drilling is performing at about 14% 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 Jindal Drilling by adding it to a well-diversified portfolio.
Price Book
1.7233
Enterprise Value Ebitda
12.2996
Price Sales
3.4161
Shares Float
6.7 M
Dividend Share
0.5

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Jindal Drilling Valuation on October 21, 2024

It is possible to determine the worth of Jindal Drilling on a given historical date. On October 21, 2024 Jindal was worth 646.7 at the beginning of the trading date compared to the closed value of 642.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jindal Drilling stock. Still, in general, we apply an absolute valuation method to find Jindal Drilling'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 Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jindal Drilling's related companies.
 Open High Low Close Volume
  616.90    664.00    610.05    639.25    394,025  
10/21/2024
  646.70    663.90    640.00    642.35    91,193  
  650.00    650.00    594.55    600.35    85,773  
Backtest Jindal Drilling  |  Jindal Drilling History  |  Jindal Drilling Valuation   PreviousNext  
Open Value
646.7
638.74
Downside
642.35
Closing Value
654.66
Upside

Jindal Drilling Trading Date Momentum on October 21, 2024

On October 22 2024 Jindal Drilling And was traded for  600.35  at the closing time. The highest price during the trading period was 650.00  and the lowest recorded bid was listed for  594.55 . The volume for the day was 85.8 K. 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 6.54% . The trading delta at closing time to the current price is 2.98% .

Jindal Drilling And Fundamentals Correlations and Trends

By evaluating Jindal Drilling'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 Drilling'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 Drilling Stock history

Jindal Drilling 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 Drilling And 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 Drilling stock prices may prove useful in developing a viable investing in Jindal Drilling
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29 M28 M
Net Income Applicable To Common Shares872 M915.6 M

Jindal Drilling Quarterly Net Working Capital

2.49 Billion

Jindal Drilling Stock Technical Analysis

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

Low
November 30, 2024
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Jindal Drilling And 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 Drilling November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Jindal Drilling 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 Drilling shares will generate the highest return on investment. By undertsting and applying Jindal Drilling stock market strength indicators, traders can identify Jindal Drilling And entry and exit signals to maximize returns

Jindal Drilling Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jindal Drilling'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.

Other Information on Investing in Jindal Stock

Jindal Drilling financial ratios help investors to determine whether Jindal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jindal with respect to the benefits of owning Jindal Drilling security.