Mindteck (India) Price on November 28, 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.
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 Downside Deviation of 2.7, mean deviation of 2.84, and Risk Adjusted Performance of 0.01 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.
200 Day MA 261.5113 | 50 Day MA 276.448 | Beta 0.897 |
Mindteck |
Sharpe Ratio = -0.0503
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MINDTECK |
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 8 B | Enterprise Value Ebitda 20.7173 | Price Sales 2.3484 |
Mindteck Valuation on November 28, 2024
It is possible to determine the worth of Mindteck on a given historical date. On November 28, 2024 Mindteck was worth 328.0 at the beginning of the trading date compared to the closed value of 307.15. 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 | |
| 308.10 | 328.00 | 305.00 | 323.30 | 236,595 | |
11/28/2024 | 328.00 | 330.10 | 307.15 | 307.15 | 102,334 |
| 295.50 | 301.00 | 291.80 | 291.80 | 66,521 |
| Backtest Mindteck | | | Mindteck History | | | Mindteck Valuation | Previous | Next |
Mindteck Trading Date Momentum on November 28, 2024
| On November 29 2024 Mindteck Limited was traded for 291.80 at the closing time. The highest price during the trading period was 301.00 and the lowest recorded bid was listed for 291.80 . The volume for the day was 66.5 K. This history from November 29, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.00% . The trading delta at closing time to the current price is 3.00% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32 M | 27.2 M | |
| Net Income Applicable To Common Shares | 186.9 M | 196.3 M |
Mindteck Quarterly Net Working Capital |
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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.
Price Boundaries
Mindteck Period Price Range
Low | December 16, 2024
| 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.
| Risk Adjusted Performance | 0.01 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 1.0E-4 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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