Modi Rubber (India) Price on August 31, 2023
| MODIRUBBER | 128.99 2.93 2.32% |
Below is the normalized historical share price chart for Modi Rubber Limited extending back to December 02, 1994. 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 Modi Rubber stands at 128.99, as last reported on the 30th of November, with the highest price reaching 130.00 and the lowest price hitting 126.10 during the day.
If you're considering investing in Modi Stock, it is important to understand the factors that can impact its price. At this point, Modi Rubber is very steady. Modi Rubber Limited has Sharpe Ratio of 0.0092, which conveys that the firm had a 0.0092% return per unit of risk over the last 3 months. We have found thirty technical indicators for Modi Rubber, which you can use to evaluate the volatility of the firm. Please verify Modi Rubber's Risk Adjusted Performance of 0.0896, mean deviation of 2.08, and Downside Deviation of 2.45 to check out if the risk estimate we provide is consistent with the expected return of 0.0221%.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 3.6 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 20 M. Modi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 107.2789 | 50 Day MA 126.4028 | Beta (0.12) |
Modi |
Sharpe Ratio = 0.0092
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MODIRUBBER |
Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Modi Rubber 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 Modi Rubber by adding Modi Rubber to a well-diversified portfolio.
Price Book 0.4517 | Book Value 261.52 | Enterprise Value 2.5 B | Enterprise Value Ebitda 7.2374 | Price Sales 14.4857 |
Modi Rubber Valuation on August 31, 2023
It is possible to determine the worth of Modi Rubber on a given historical date. On August 31, 2023 Modi was worth 71.0 at the beginning of the trading date compared to the closed value of 72.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Modi Rubber stock. Still, in general, we apply an absolute valuation method to find Modi Rubber'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 Modi Rubber where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Modi Rubber's related companies.
| Open | High | Low | Close | Volume | |
| 70.50 | 73.45 | 70.50 | 73.00 | 2,125 | |
08/31/2023 | 71.00 | 72.95 | 71.00 | 72.50 | 1,127 |
| 72.50 | 72.50 | 70.50 | 71.85 | 3,288 |
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Modi Rubber Trading Date Momentum on August 31, 2023
| On September 01 2023 Modi Rubber Limited was traded for 71.85 at the closing time. The highest price during the trading period was 72.50 and the lowest recorded bid was listed for 70.50 . The volume for the day was 3.3 K. This history from September 1, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.90% . The trading delta at closing time to the current price is 0.69% . |
Modi Rubber Limited Fundamentals Correlations and Trends
By evaluating Modi Rubber'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 Modi Rubber's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Modi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Modi Rubber Stock history
Modi Rubber 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 Modi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Modi Rubber 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 Modi Rubber stock prices may prove useful in developing a viable investing in Modi Rubber
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25 M | 20 M | |
| Net Income Applicable To Common Shares | 318 M | 166.7 M |
Modi Rubber Quarterly Net Working Capital |
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Modi Rubber Stock Technical Analysis
Modi Rubber 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
Modi Rubber Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Modi Rubber 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.
Modi Rubber November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Modi Rubber stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Modi Rubber shares will generate the highest return on investment. By undertsting and applying Modi Rubber stock market strength indicators, traders can identify Modi Rubber Limited entry and exit signals to maximize returns
Modi Rubber Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Modi Rubber's price direction in advance. Along with the technical and fundamental analysis of Modi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Modi 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 | 0.0896 | |||
| Jensen Alpha | 0.2456 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0716 | |||
| Treynor Ratio | 0.675 |
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| Volume Indicators |
Complementary Tools for Modi Stock analysis
When running Modi Rubber's price analysis, check to measure Modi Rubber'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 Modi Rubber is operating at the current time. Most of Modi Rubber's value examination focuses on studying past and present price action to predict the probability of Modi Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modi Rubber's price. Additionally, you may evaluate how the addition of Modi Rubber to your portfolios can decrease your overall portfolio volatility.
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