Megastar Foods (India) Price on April 4, 2024
| MEGASTAR | 222.35 4.75 2.09% |
If you're considering investing in Megastar Stock, it is important to understand the factors that can impact its price. As of today, the current price of Megastar Foods stands at 222.35, as last reported on the 27th of November, with the highest price reaching 232.15 and the lowest price hitting 218.30 during the day. Megastar Foods has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Megastar Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Megastar Foods' Risk Adjusted Performance of (0.11), standard deviation of 2.61, and Mean Deviation of 1.63 to check out the risk estimate we provide.
At present, Megastar Foods' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 10.5 M, whereas Common Stock is forecasted to decline to about 86 M. . Megastar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Megastar |
Sharpe Ratio = -0.1617
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| Negative Returns | MEGASTAR |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Megastar Foods 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 Megastar Foods by adding Megastar Foods to a well-diversified portfolio.
Price Book 2.794 | Book Value 81.434 | Enterprise Value 4.3 B | Enterprise Value Ebitda 34.3014 | Price Sales 0.9091 |
Megastar Foods Valuation on April 4, 2024
It is possible to determine the worth of Megastar Foods on a given historical date. On April 4, 2024 Megastar was worth 285.5 at the beginning of the trading date compared to the closed value of 286.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Megastar Foods stock. Still, in general, we apply an absolute valuation method to find Megastar Foods' 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 Megastar Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Megastar Foods' related companies.
| Open | High | Low | Close | Volume | |
| 290.00 | 290.00 | 282.05 | 284.05 | 6,056 | |
04/04/2024 | 285.50 | 290.95 | 285.00 | 286.15 | 28,089 |
| 290.00 | 308.95 | 285.50 | 299.35 | 16,907 |
| Backtest Megastar Foods | | | Megastar Foods History | | | Megastar Foods Valuation | Previous | Next |
Megastar Foods Trading Date Momentum on April 4, 2024
| On April 05 2024 Megastar Foods Limited was traded for 299.35 at the closing time. The highest price during the trading period was 308.95 and the lowest recorded bid was listed for 285.50 . The volume for the day was 16.9 K. This history from April 5, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 4.61% . The trading delta at closing time to the current price is 0.40% . |
Megastar Foods Fundamentals Correlations and Trends
By evaluating Megastar Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Megastar Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Megastar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Megastar Foods Stock history
Megastar Foods 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 Megastar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Megastar Foods 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 Megastar Foods stock prices may prove useful in developing a viable investing in Megastar Foods
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.2 M | 10.5 M | |
| Net Income Applicable To Common Shares | 62.7 M | 47.4 M |
Megastar Foods Quarterly Net Working Capital |
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Megastar Foods Stock Technical Analysis
Megastar Foods 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
Megastar Foods Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Megastar Foods Limited 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.
Megastar Foods November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Megastar Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Megastar Foods shares will generate the highest return on investment. By undertsting and applying Megastar Foods stock market strength indicators, traders can identify Megastar Foods Limited entry and exit signals to maximize returns
Megastar Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Megastar Foods' price direction in advance. Along with the technical and fundamental analysis of Megastar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Megastar 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 | (0.11) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (3.05) |
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Complementary Tools for Megastar Stock analysis
When running Megastar Foods' price analysis, check to measure Megastar Foods' 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 Megastar Foods is operating at the current time. Most of Megastar Foods' value examination focuses on studying past and present price action to predict the probability of Megastar Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Megastar Foods' price. Additionally, you may evaluate how the addition of Megastar Foods to your portfolios can decrease your overall portfolio volatility.
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