Kotak Nifty (India) Price on October 31, 2024
| KOTAKMID50 | 159.55 0.00 0.00% |
If you're considering investing in Kotak Etf, it is important to understand the factors that can impact its price. As of today, the current price of Kotak Nifty stands at 159.55, as last reported on the 3rd of December, with the highest price reaching 159.55 and the lowest price hitting 159.55 during the day. Kotak Nifty appears to be very steady, given 3 months investment horizon. Kotak Nifty Midcap has Sharpe Ratio of 0.13, which conveys that the entity had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Kotak Nifty, which you can use to evaluate the volatility of the etf. Please exercise Kotak Nifty's Mean Deviation of 0.606, standard deviation of 2.5, and Risk Adjusted Performance of 0.101 to check out if our risk estimates are consistent with your expectations.
Kotak Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Kotak |
Sharpe Ratio = 0.127
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Kotak Nifty is performing at about 10% 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 Kotak Nifty by adding it to a well-diversified portfolio.
Kotak Nifty Valuation on October 31, 2024
It is possible to determine the worth of Kotak Nifty on a given historical date. On October 31, 2024 Kotak was worth 132.62 at the beginning of the trading date compared to the closed value of 132.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kotak Nifty etf. Still, in general, we apply an absolute valuation method to find Kotak Nifty'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 Kotak Nifty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kotak Nifty's related companies.
| Open | High | Low | Close | Volume | |
| 132.62 | 132.62 | 132.62 | 132.62 | 1.00 | |
10/31/2024 | 132.62 | 132.62 | 132.62 | 132.62 | 1.00 |
| 132.62 | 132.62 | 132.62 | 132.62 | 1.00 |
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Kotak Nifty Trading Date Momentum on October 31, 2024
| On November 01 2024 Kotak Nifty Midcap was traded for 132.62 at the closing time. The highest price during the trading period was 132.62 and the lowest recorded bid was listed for 132.62 . There was no trading activity during the period 1.0. Lack of trading volume on November 1, 2024 did not cause price change. The trading delta at closing time to the current price is 20.31% . |
Price Boundaries
Kotak Nifty Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Kotak Nifty Midcap 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.
Kotak Nifty December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Kotak Nifty etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kotak Nifty shares will generate the highest return on investment. By undertsting and applying Kotak Nifty etf market strength indicators, traders can identify Kotak Nifty Midcap entry and exit signals to maximize returns
Kotak Nifty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kotak Nifty's price direction in advance. Along with the technical and fundamental analysis of Kotak Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kotak 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.