MakeMyTrip (Germany) Price on February 21, 2024
| MY1 Stock | EUR 108.45 1.00 0.93% |
If you're considering investing in MakeMyTrip Stock, it is important to understand the factors that can impact its price. As of today, the current price of MakeMyTrip stands at 108.45, as last reported on the 3rd of December, with the highest price reaching 110.05 and the lowest price hitting 108.45 during the day. MakeMyTrip appears to be very steady, given 3 months investment horizon. MakeMyTrip Limited has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing MakeMyTrip's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise MakeMyTrip's Mean Deviation of 2.66, downside deviation of 2.96, and Risk Adjusted Performance of 0.0936 to check out if our risk estimates are consistent with your expectations.
MakeMyTrip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MakeMyTrip |
Sharpe Ratio = 0.1512
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Estimated Market Risk
| 3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average MakeMyTrip is performing at about 11% of its full potential. 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 MakeMyTrip by adding it to a well-diversified portfolio.
MakeMyTrip Valuation on February 21, 2024
It is possible to determine the worth of MakeMyTrip on a given historical date. On February 21, 2024 MakeMyTrip was worth 53.5 at the beginning of the trading date compared to the closed value of 52.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MakeMyTrip stock. Still, in general, we apply an absolute valuation method to find MakeMyTrip'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 MakeMyTrip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MakeMyTrip's related companies.
| Open | High | Low | Close | Volume | |
| 55.50 | 55.50 | 55.50 | 55.50 | 45.00 | |
02/21/2024 | 53.50 | 53.50 | 51.00 | 52.50 | 192.00 |
| 53.00 | 53.00 | 53.00 | 53.00 | 1.00 |
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MakeMyTrip Trading Date Momentum on February 21, 2024
| On February 22 2024 MakeMyTrip Limited was traded for 53.00 at the closing time. The highest daily price throughout the period was 53.00 and the lowest price was 53.00 . There was no trading activity during the period 1.0. Lack of trading volume on 02/22/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.95% . The trading delta at closing time to current closing price is 8.57% . |
MakeMyTrip Limited Fundamentals Correlations and Trends
By evaluating MakeMyTrip'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 MakeMyTrip's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MakeMyTrip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MakeMyTrip Stock history
MakeMyTrip 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 MakeMyTrip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MakeMyTrip 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 MakeMyTrip stock prices may prove useful in developing a viable investing in MakeMyTrip
MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and internationally. The company was founded in 2000 and is based in Gurgaon, India. MakeMyTrip operates under Leisure classification in Germany and traded on Frankfurt Stock Exchange. It employs 3426 people.
MakeMyTrip Stock Technical Analysis
MakeMyTrip 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
MakeMyTrip Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
MakeMyTrip Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. 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.
MakeMyTrip December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how MakeMyTrip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MakeMyTrip shares will generate the highest return on investment. By undertsting and applying MakeMyTrip stock market strength indicators, traders can identify MakeMyTrip Limited entry and exit signals to maximize returns
MakeMyTrip Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MakeMyTrip's price direction in advance. Along with the technical and fundamental analysis of MakeMyTrip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MakeMyTrip 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 | 0.0936 | |||
| Jensen Alpha | 0.329 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0943 | |||
| Treynor Ratio | 0.7002 |
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| Volume Indicators |
Complementary Tools for MakeMyTrip Stock analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.
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