Mindteck (India) Price on May 16, 2024

MINDTECK   193.35  8.46  4.19%   
Below is the normalized historical share price chart for Mindteck Limited extending back to August 02, 2016. 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 Mindteck stands at 193.35, as last reported on the 28th of February, with the highest price reaching 202.40 and the lowest price hitting 192.05 during the day.
200 Day MA
273.1666
50 Day MA
249.772
Beta
0.977
 
Covid
If you're considering investing in Mindteck Stock, it is important to understand the factors that can impact its price. Mindteck Limited has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21 % return per unit of risk over the last 3 months. Mindteck exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mindteck's Standard Deviation of 3.5, risk adjusted performance of (0.09), and Mean Deviation of 2.85 to check out the risk estimate we provide.
  
The current year's Issuance Of Capital Stock is expected to grow to about 52.6 M, whereas Total Stockholder Equity is forecasted to decline to about 1.7 B. . Mindteck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.208

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Negative ReturnsMINDTECK

Estimated Market Risk

 3.1
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.64
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  actual daily
0
Most of other assets perform better
Based on monthly moving average Mindteck 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 Mindteck by adding Mindteck to a well-diversified portfolio.
Price Book
2.6321
Book Value
76.773
Enterprise Value
5.1 B
Enterprise Value Ebitda
12.9142
Price Sales
1.4768

Mindteck Valuation on May 16, 2024

It is possible to determine the worth of Mindteck on a given historical date. On May 16, 2024 Mindteck was worth 249.89 at the beginning of the trading date compared to the closed value of 261.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mindteck stock. Still, in general, we apply an absolute valuation method to find Mindteck'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 Mindteck where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mindteck's related companies.
 Open High Low Close Volume
  258.03    262.22    247.58    249.05    122,438  
05/16/2024
  249.89    266.25    249.89    261.66    223,888  
  262.18    273.86    258.43    259.43    168,527  
Backtest Mindteck  |  Mindteck History  |  Mindteck Valuation PreviousNext  
Open Value
249.89
240.60
Downside
261.66
Closing Value
259.18
Upside

Mindteck Trading Date Momentum on May 16, 2024

On May 17 2024 Mindteck Limited was traded for  259.43  at the closing time. The highest price during the trading period was 273.86  and the lowest recorded bid was listed for  258.43 . The volume for the day was 168.5 K. This history from May 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the current price is 10.67% .
JavaScript chart by amCharts 3.21.1505/16/2024May 06May 08May 10May 12May 14May 16May 18May 20May 22May 24230240250260270

Mindteck Limited Fundamentals Correlations and Trends

By evaluating Mindteck'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 Mindteck's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mindteck financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mindteck Stock history

Mindteck 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 Mindteck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mindteck Limited 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 Mindteck stock prices may prove useful in developing a viable investing in Mindteck
Last ReportedProjected for Next Year
Common Stock Shares Outstanding36.8 M27.2 M
Net Income Applicable To Common Shares186.9 M196.3 M

Mindteck Quarterly Net Working Capital

2.05 Billion

763.5M846.8M961.4M1.1B1.1B1.1B1.5B1.6B1.8B2.0B100%

Mindteck Stock Technical Analysis

Mindteck 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.
A focus of Mindteck technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mindteck trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mindteck Period Price Range

Low
February 28, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Mindteck 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.

Mindteck February 28, 2025 Market Strength

Market strength indicators help investors to evaluate how Mindteck stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mindteck shares will generate the highest return on investment. By undertsting and applying Mindteck stock market strength indicators, traders can identify Mindteck Limited entry and exit signals to maximize returns

Mindteck Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mindteck's price direction in advance. Along with the technical and fundamental analysis of Mindteck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mindteck 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.

Complementary Tools for Mindteck Stock analysis

When running Mindteck's price analysis, check to measure Mindteck'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 Mindteck is operating at the current time. Most of Mindteck's value examination focuses on studying past and present price action to predict the probability of Mindteck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mindteck's price. Additionally, you may evaluate how the addition of Mindteck to your portfolios can decrease your overall portfolio volatility.
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