Laxmi Organic (India) Price on November 6, 2024
| LXCHEM Stock | 257.50 2.30 0.90% |
If you're considering investing in Laxmi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Laxmi Organic stands at 257.50, as last reported on the 27th of November, with the highest price reaching 259.30 and the lowest price hitting 254.15 during the day. Laxmi Organic Industries has Sharpe Ratio of -0.0823, which conveys that the firm had a -0.0823% return per unit of risk over the last 3 months. Laxmi Organic exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Laxmi Organic's Standard Deviation of 2.46, mean deviation of 1.99, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
At present, Laxmi Organic's Common Stock Shares Outstanding 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 8.2 B, whereas Total Stockholder Equity is forecasted to decline to about 10.7 B. . Laxmi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Laxmi |
Sharpe Ratio = -0.0823
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| Negative Returns | LXCHEM |
Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Laxmi Organic 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 Laxmi Organic by adding Laxmi Organic to a well-diversified portfolio.
Price Book 3.8024 | Enterprise Value Ebitda 21.5587 | Price Sales 2.3899 | Shares Float 81 M | Wall Street Target Price 260 |
Laxmi Organic Valuation on November 6, 2024
It is possible to determine the worth of Laxmi Organic on a given historical date. On November 6, 2024 Laxmi was worth 273.75 at the beginning of the trading date compared to the closed value of 280.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laxmi Organic stock. Still, in general, we apply an absolute valuation method to find Laxmi Organic'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 Laxmi Organic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laxmi Organic's related companies.
| Open | High | Low | Close | Volume | |
| 267.00 | 275.75 | 266.00 | 272.85 | 869,482 | |
11/06/2024 | 273.75 | 281.25 | 272.60 | 280.30 | 879,458 |
| 279.15 | 284.00 | 274.25 | 275.05 | 708,986 |
| Backtest Laxmi Organic | | | Laxmi Organic History | | | Laxmi Organic Valuation | Previous | Next |
Laxmi Organic Trading Date Momentum on November 6, 2024
| On November 07 2024 Laxmi Organic Industries was traded for 275.05 at the closing time. The highest price during the trading period was 284.00 and the lowest recorded bid was listed for 274.25 . The volume for the day was 709 K. This history from November 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.87% . The trading delta at closing time to the current price is 9.15% . |
Laxmi Organic Industries Fundamentals Correlations and Trends
By evaluating Laxmi Organic'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 Laxmi Organic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Laxmi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Laxmi Organic Stock history
Laxmi Organic 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 Laxmi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laxmi Organic 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 Laxmi Organic stock prices may prove useful in developing a viable investing in Laxmi Organic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 272.2 M | 283.9 M | |
| Net Income Applicable To Common Shares | 2.9 B | 3.1 B |
Laxmi Organic Quarterly Net Working Capital |
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Laxmi Organic Stock Technical Analysis
Laxmi Organic 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
Laxmi Organic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Laxmi Organic 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.
Laxmi Organic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Laxmi Organic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Laxmi Organic shares will generate the highest return on investment. By undertsting and applying Laxmi Organic stock market strength indicators, traders can identify Laxmi Organic Industries entry and exit signals to maximize returns
Laxmi Organic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Laxmi Organic's price direction in advance. Along with the technical and fundamental analysis of Laxmi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Laxmi 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 | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.63) |
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| Volume Indicators |
Complementary Tools for Laxmi Stock analysis
When running Laxmi Organic's price analysis, check to measure Laxmi Organic'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 Laxmi Organic is operating at the current time. Most of Laxmi Organic's value examination focuses on studying past and present price action to predict the probability of Laxmi Organic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laxmi Organic's price. Additionally, you may evaluate how the addition of Laxmi Organic to your portfolios can decrease your overall portfolio volatility.
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