Meghmani Organics (India) Price on October 4, 2024
| MOL Stock | 95.78 0.78 0.82% |
If you're considering investing in Meghmani Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meghmani Organics stands at 95.78, as last reported on the 26th of November, with the highest price reaching 96.89 and the lowest price hitting 94.05 during the day. Meghmani Organics has Sharpe Ratio of -0.0336, which conveys that the firm had a -0.0336% return per unit of risk over the last 3 months. Meghmani Organics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meghmani Organics' Risk Adjusted Performance of (0.01), mean deviation of 1.99, and Standard Deviation of 2.63 to check out the risk estimate we provide.
As of November 26, 2024, Common Stock Shares Outstanding is expected to decline to about 279.1 M. In addition to that, Total Stockholder Equity is expected to decline to about 11 B. Meghmani Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meghmani |
Sharpe Ratio = -0.0336
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| Negative Returns | MOL |
Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meghmani Organics 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 Meghmani Organics by adding Meghmani Organics to a well-diversified portfolio.
Price Book 1.6114 | Book Value 58.238 | Enterprise Value 31.1 B | Enterprise Value Ebitda 51.3526 | Price Sales 1.4077 |
Meghmani Organics Valuation on October 4, 2024
It is possible to determine the worth of Meghmani Organics on a given historical date. On October 4, 2024 Meghmani was worth 100.1 at the beginning of the trading date compared to the closed value of 98.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meghmani Organics stock. Still, in general, we apply an absolute valuation method to find Meghmani Organics' 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 Meghmani Organics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meghmani Organics' related companies.
| Open | High | Low | Close | Volume | |
| 103.95 | 105.43 | 100.00 | 100.43 | 1,797,703 | |
10/04/2024 | 100.10 | 101.63 | 97.80 | 98.56 | 1,207,262 |
| 100.00 | 100.01 | 92.30 | 92.87 | 1,726,903 |
| Backtest Meghmani Organics | | | Meghmani Organics History | | | Meghmani Organics Valuation | Previous | Next |
Meghmani Organics Trading Date Momentum on October 4, 2024
| On October 07 2024 Meghmani Organics Limited was traded for 92.87 at the closing time. The highest price during the trading period was 100.01 and the lowest recorded bid was listed for 92.30 . The volume for the day was 1.7 M. This history from October 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 5.77% . The trading delta at closing time to the current price is 7.22% . |
Meghmani Organics Fundamentals Correlations and Trends
By evaluating Meghmani Organics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Meghmani Organics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meghmani financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meghmani Organics Stock history
Meghmani Organics 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 Meghmani is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meghmani Organics 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 Meghmani Organics stock prices may prove useful in developing a viable investing in Meghmani Organics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 292.5 M | 279.1 M | |
| Net Income Applicable To Common Shares | 723.9 M | 1.2 B |
Meghmani Organics Quarterly Net Working Capital |
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Meghmani Organics Stock Technical Analysis
Meghmani Organics 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
Meghmani Organics Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Meghmani Organics 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.
Meghmani Organics November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Meghmani Organics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meghmani Organics shares will generate the highest return on investment. By undertsting and applying Meghmani Organics stock market strength indicators, traders can identify Meghmani Organics Limited entry and exit signals to maximize returns
Meghmani Organics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meghmani Organics' price direction in advance. Along with the technical and fundamental analysis of Meghmani Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meghmani 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 | (0.08) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.89) |
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| Volume Indicators |
Complementary Tools for Meghmani Stock analysis
When running Meghmani Organics' price analysis, check to measure Meghmani Organics' 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 Meghmani Organics is operating at the current time. Most of Meghmani Organics' value examination focuses on studying past and present price action to predict the probability of Meghmani Organics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meghmani Organics' price. Additionally, you may evaluate how the addition of Meghmani Organics to your portfolios can decrease your overall portfolio volatility.
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