JTL Industries (India) Price on September 30, 2024
| JTLIND Stock | 96.40 1.53 1.61% |
If you're considering investing in JTL Stock, it is important to understand the factors that can impact its price. As of today, the current price of JTL Industries stands at 96.40, as last reported on the 23rd of November, with the highest price reaching 98.70 and the lowest price hitting 93.80 during the day. JTL Industries holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of volatility over the last 3 months. JTL Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JTL Industries' market risk adjusted performance of 1.49, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
At present, JTL Industries' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 8.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 86.7 M. . JTL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JTL |
Sharpe Ratio = -0.1514
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| Negative Returns | JTLIND |
Estimated Market Risk
| 6.98 actual daily | 62 62% of assets are less volatile |
Expected Return
| -1.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JTL Industries 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 JTL Industries by adding JTL Industries to a well-diversified portfolio.
Price Book 3.1925 | Enterprise Value Ebitda 22.4528 | Price Sales 1.8847 | Shares Float 130.4 M | Wall Street Target Price 143.5 |
JTL Industries Valuation on September 30, 2024
It is possible to determine the worth of JTL Industries on a given historical date. On September 30, 2024 JTL was worth 229.35 at the beginning of the trading date compared to the closed value of 234.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JTL Industries stock. Still, in general, we apply an absolute valuation method to find JTL Industries' 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 JTL Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JTL Industries' related companies.
| Open | High | Low | Close | Volume | |
| 233.60 | 233.95 | 227.60 | 229.30 | 846,137 | |
09/30/2024 | 229.35 | 236.50 | 229.35 | 234.29 | 1,887,099 |
| 236.20 | 240.00 | 233.00 | 239.22 | 2,050,553 |
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JTL Industries Trading Date Momentum on September 30, 2024
| On October 01 2024 JTL Industries was traded for 239.22 at the closing time. The highest price during the trading period was 240.00 and the lowest recorded bid was listed for 233.00 . The volume for the day was 2.1 M. This history from October 1, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 2.10% . The trading delta at closing time to the current price is 8.23% . |
JTL Industries Fundamentals Correlations and Trends
By evaluating JTL Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among JTL Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JTL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JTL Industries Stock history
JTL Industries 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 JTL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JTL 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 JTL Industries stock prices may prove useful in developing a viable investing in JTL Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 173.4 M | 86.7 M |
JTL Industries Stock Technical Analysis
JTL Industries 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
JTL Industries Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
JTL 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.
JTL Industries November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how JTL Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JTL Industries shares will generate the highest return on investment. By undertsting and applying JTL Industries stock market strength indicators, traders can identify JTL Industries entry and exit signals to maximize returns
JTL Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JTL Industries' price direction in advance. Along with the technical and fundamental analysis of JTL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JTL 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 | (0.09) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (2.02) | |||
| Treynor Ratio | 1.48 |
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Complementary Tools for JTL Stock analysis
When running JTL Industries' price analysis, check to measure JTL Industries' 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 JTL Industries is operating at the current time. Most of JTL Industries' value examination focuses on studying past and present price action to predict the probability of JTL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JTL Industries' price. Additionally, you may evaluate how the addition of JTL Industries to your portfolios can decrease your overall portfolio volatility.
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