Lumax Auto (India) Price on September 16, 2024
| LUMAXTECH | 501.90 0.50 0.1% |
Below is the normalized historical share price chart for Lumax Auto Technologies extending back to January 16, 2007. 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 Lumax Auto stands at 501.90, as last reported on the 25th of November, with the highest price reaching 506.40 and the lowest price hitting 499.50 during the day.
If you're considering investing in Lumax Stock, it is important to understand the factors that can impact its price. Lumax Auto Technologies has Sharpe Ratio of -0.0414, which conveys that the firm had a -0.0414% return per unit of risk over the last 3 months. Lumax Auto exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lumax Auto's Risk Adjusted Performance of (0.01), standard deviation of 2.21, and Mean Deviation of 1.47 to check out the risk estimate we provide.
At present, Lumax Auto's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 486.9 M, whereas Common Stock is forecasted to decline to about 145.1 M. . Lumax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 513.124 | 50 Day MA 538.645 | Beta 1.027 |
Lumax |
Sharpe Ratio = -0.0414
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LUMAXTECH |
Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lumax Auto 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 Lumax Auto by adding Lumax Auto to a well-diversified portfolio.
Price Book 4.0957 | Enterprise Value Ebitda 8.3884 | Price Sales 1.1088 | Shares Float 29.2 M | Wall Street Target Price 651.5 |
Lumax Auto Main Headline on 16th of September 2024
Auto stock jumps 9 percent after company to acquire 60 perce... by news.google.com
Auto stock jumps 9 percent after company to acquire 60 percent stake in Greenfuel Energy Solutions Trade Brains
Lumax Auto Valuation on September 16, 2024
It is possible to determine the worth of Lumax Auto on a given historical date. On September 16, 2024 Lumax was worth 562.0 at the beginning of the trading date compared to the closed value of 570.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lumax Auto stock. Still, in general, we apply an absolute valuation method to find Lumax Auto'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 Lumax Auto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lumax Auto's related companies.
| Open | High | Low | Close | Volume | |
| 511.00 | 525.00 | 507.30 | 520.80 | 109,418 | |
09/16/2024 | 562.00 | 575.00 | 550.10 | 570.20 | 1,043,043 |
| 575.85 | 578.75 | 543.25 | 558.40 | 223,686 |
| Backtest Lumax Auto | | | Lumax Auto History | | | Lumax Auto Valuation | Previous | Next |
Lumax Auto Trading Date Momentum on September 16, 2024
| On September 17 2024 Lumax Auto Technologies was traded for 558.40 at the closing time. The highest price during the trading period was 578.75 and the lowest recorded bid was listed for 543.25 . The volume for the day was 223.7 K. This history from September 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.07% . The trading delta at closing time to the current price is 1.72% . |
Lumax Auto Technologies Fundamentals Correlations and Trends
By evaluating Lumax Auto'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 Lumax Auto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lumax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lumax Auto Stock history
Lumax Auto 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 Lumax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lumax Auto Technologies 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 Lumax Auto stock prices may prove useful in developing a viable investing in Lumax Auto
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 78.4 M | 71.6 M | |
| Net Income Applicable To Common Shares | 1.1 B | 575.9 M |
Lumax Auto Quarterly Net Working Capital |
|
Lumax Auto Stock Technical Analysis
Lumax Auto 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
Lumax Auto Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Lumax Auto Technologies 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.
Lumax Auto November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Lumax Auto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lumax Auto shares will generate the highest return on investment. By undertsting and applying Lumax Auto stock market strength indicators, traders can identify Lumax Auto Technologies entry and exit signals to maximize returns
Lumax Auto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lumax Auto's price direction in advance. Along with the technical and fundamental analysis of Lumax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lumax 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 | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 1.39 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Lumax Stock analysis
When running Lumax Auto's price analysis, check to measure Lumax Auto'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 Lumax Auto is operating at the current time. Most of Lumax Auto's value examination focuses on studying past and present price action to predict the probability of Lumax Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax Auto's price. Additionally, you may evaluate how the addition of Lumax Auto to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |