Mindteck (India) Price on September 13, 2024

MINDTECK   293.95  3.50  1.18%   
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 293.95, as last reported on the 16th of December 2024, with the highest price reaching 298.05 and the lowest price hitting 289.00 during the day.
200 Day MA
261.5113
50 Day MA
276.448
Beta
0.897
 
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 -0.0503, which conveys that the firm had a -0.0503% return per unit of risk over the last 3 months. Mindteck exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mindteck's Risk Adjusted Performance of 0.01, mean deviation of 2.84, and Downside Deviation of 2.7 to check out the risk estimate we provide.
  
At present, Mindteck's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 10.6 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 = -0.0503

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Negative ReturnsMINDTECK

Estimated Market Risk

 3.56
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  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
3.8338
Book Value
70.347
Enterprise Value
B
Enterprise Value Ebitda
20.7173
Price Sales
2.3484

Mindteck Valuation on September 13, 2024

It is possible to determine the worth of Mindteck on a given historical date. On September 13, 2024 Mindteck was worth 316.0 at the beginning of the trading date compared to the closed value of 323.0. 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
  311.20    312.80    300.00    307.64    49,126  
09/13/2024
  316.00    323.00    308.00    323.00    84,236  
  339.12    339.12    332.00    339.12    147,505  
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Open Value
316.0
305.31
Downside
323.0
Closing Value
326.69
Upside

Mindteck Trading Date Momentum on September 13, 2024

On September 16 2024 Mindteck Limited was traded for  339.12  at the closing time. The highest price during the trading period was 339.12  and the lowest recorded bid was listed for  332.00 . The volume for the day was 147.5 K. This history from September 16, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 4.99% . The trading delta at closing time to the current price is 0.31% .

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 Outstanding32 M27.2 M
Net Income Applicable To Common Shares186.9 M196.3 M

Mindteck Quarterly Net Working Capital

1.82 Billion

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
December 16, 2024
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 December 16, 2024 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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