Kanoria Chemicals (India) Price on May 27, 2024
| KANORICHEM | 109.34 0.94 0.85% |
Below is the normalized historical share price chart for Kanoria Chemicals Industries 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 Kanoria Chemicals stands at 109.34, as last reported on the 23rd of November, with the highest price reaching 111.51 and the lowest price hitting 108.00 during the day.
If you're considering investing in Kanoria Stock, it is important to understand the factors that can impact its price. Kanoria Chemicals has Sharpe Ratio of -0.0243, which conveys that the firm had a -0.0243% return per unit of risk over the last 3 months. Kanoria Chemicals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kanoria Chemicals' insignificant Risk Adjusted Performance, standard deviation of 4.06, and Mean Deviation of 2.85 to check out the risk estimate we provide.
As of November 23, 2024, Total Stockholder Equity is expected to decline to about 5.1 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 41.7 M. Kanoria Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 125.0717 | 50 Day MA 136.847 | Beta 0.625 |
Kanoria |
Sharpe Ratio = -0.0243
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| Negative Returns | KANORICHEM |
Estimated Market Risk
| 4.09 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kanoria Chemicals 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 Kanoria Chemicals by adding Kanoria Chemicals to a well-diversified portfolio.
Price Book 0.8445 | Book Value 130.435 | Enterprise Value 10.1 B | Enterprise Value Ebitda 18.7043 | Price Sales 0.3294 |
Kanoria Chemicals Valuation on May 27, 2024
It is possible to determine the worth of Kanoria Chemicals on a given historical date. On May 27, 2024 Kanoria was worth 115.65 at the beginning of the trading date compared to the closed value of 117.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kanoria Chemicals stock. Still, in general, we apply an absolute valuation method to find Kanoria Chemicals' 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 Kanoria Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kanoria Chemicals' related companies.
| Open | High | Low | Close | Volume | |
| 120.05 | 121.40 | 117.20 | 117.85 | 25,600 | |
05/27/2024 | 115.65 | 119.30 | 115.65 | 117.85 | 30,750 |
| 117.25 | 122.00 | 115.20 | 118.25 | 49,592 |
| Backtest Kanoria Chemicals | | | Kanoria Chemicals History | | | Kanoria Chemicals Valuation | Previous | Next |
Kanoria Chemicals Trading Date Momentum on May 27, 2024
| On May 28 2024 Kanoria Chemicals Industries was traded for 118.25 at the closing time. The highest price during the trading period was 122.00 and the lowest recorded bid was listed for 115.20 . The volume for the day was 49.6 K. This history from May 28, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 0.34% . The trading delta at closing time to the current price is 6.66% . |
Kanoria Chemicals Fundamentals Correlations and Trends
By evaluating Kanoria Chemicals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Kanoria Chemicals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kanoria financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kanoria Chemicals Stock history
Kanoria Chemicals 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 Kanoria is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kanoria Chemicals 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 Kanoria Chemicals stock prices may prove useful in developing a viable investing in Kanoria Chemicals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.7 M | 41.7 M | |
| Net Loss | -78.9 M | -75 M |
Kanoria Chemicals Quarterly Net Working Capital |
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Kanoria Chemicals Stock Technical Analysis
Kanoria Chemicals 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
Kanoria Chemicals Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Kanoria Chemicals 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.
Kanoria Chemicals November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Kanoria Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kanoria Chemicals shares will generate the highest return on investment. By undertsting and applying Kanoria Chemicals stock market strength indicators, traders can identify Kanoria Chemicals Industries entry and exit signals to maximize returns
Kanoria Chemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kanoria Chemicals' price direction in advance. Along with the technical and fundamental analysis of Kanoria Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kanoria 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) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.15) |
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| Volume Indicators |
Complementary Tools for Kanoria Stock analysis
When running Kanoria Chemicals' price analysis, check to measure Kanoria Chemicals' 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 Kanoria Chemicals is operating at the current time. Most of Kanoria Chemicals' value examination focuses on studying past and present price action to predict the probability of Kanoria Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kanoria Chemicals' price. Additionally, you may evaluate how the addition of Kanoria Chemicals to your portfolios can decrease your overall portfolio volatility.
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