Bank of Maharashtra (India) Price on October 5, 2023
| MAHABANK | 54.28 1.34 2.53% |
Below is the normalized historical share price chart for Bank of Maharashtra extending back to April 12, 2004. 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 Bank of Maharashtra stands at 54.28, as last reported on the 26th of November, with the highest price reaching 55.65 and the lowest price hitting 54.05 during the day.
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of Maharashtra secures Sharpe Ratio (or Efficiency) of -0.0859, which signifies that the company had a -0.0859% return per unit of risk over the last 3 months. Bank of Maharashtra exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bank of Maharashtra's Mean Deviation of 1.68, standard deviation of 2.35, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
At this time, Bank of Maharashtra's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 3.2 T, while Common Stock Shares Outstanding is likely to drop about 4.1 B. . Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 61.6238 | 50 Day MA 54.9788 | Beta 0.894 |
Bank |
Sharpe Ratio = -0.0859
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| Negative Returns | MAHABANK |
Estimated Market Risk
| 2.38 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
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bank of Maharashtra 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 Bank of Maharashtra by adding Bank of Maharashtra to a well-diversified portfolio.
Price Book 1.7789 | Book Value 32.289 | Enterprise Value 323.7 B | Price Sales 4.1857 | Shares Float 1.4 B |
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Bank of Maharashtra Valuation on October 5, 2023
It is possible to determine the worth of Bank of Maharashtra on a given historical date. On October 5, 2023 Bank was worth 48.31 at the beginning of the trading date compared to the closed value of 47.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Maharashtra stock. Still, in general, we apply an absolute valuation method to find Bank of Maharashtra'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 Bank of Maharashtra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Maharashtra's related companies.
| Open | High | Low | Close | Volume | |
| 48.70 | 50.76 | 46.99 | 47.77 | 151,559,655 | |
10/05/2023 | 48.31 | 48.61 | 46.60 | 47.72 | 49,674,472 |
| 47.87 | 48.21 | 46.89 | 47.48 | 35,996,505 |
| Backtest Bank of Maharashtra | | | Bank of Maharashtra History | | | Bank of Maharashtra Valuation | Previous | Next |
Bank of Maharashtra Trading Date Momentum on October 5, 2023
| On October 06 2023 Bank of Maharashtra was traded for 47.48 at the closing time. The highest price during the trading period was 48.21 and the lowest recorded bid was listed for 46.89 . The volume for the day was 36 M. This history from October 6, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.50% . The overall trading delta to the current price is 3.48% . |
Bank of Maharashtra Fundamentals Correlations and Trends
By evaluating Bank of Maharashtra'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 Bank of Maharashtra's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of Maharashtra Stock history
Bank of Maharashtra 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Maharashtra 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 Bank of Maharashtra stock prices may prove useful in developing a viable investing in Bank of Maharashtra
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7 B | 4.1 B | |
| Net Income Applicable To Common Shares | 30 B | 31.5 B |
Bank of Maharashtra Stock Technical Analysis
Bank of Maharashtra 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
Bank of Maharashtra Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Bank of Maharashtra 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.
Bank of Maharashtra November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of Maharashtra stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Maharashtra shares will generate the highest return on investment. By undertsting and applying Bank of Maharashtra stock market strength indicators, traders can identify Bank of Maharashtra entry and exit signals to maximize returns
Bank of Maharashtra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of Maharashtra's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.56 |
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Other Information on Investing in Bank Stock
Bank of Maharashtra financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of Maharashtra security.