NIFTY 8-13 (India) Price on December 5, 2024
NIFGS813 | 2,763 1.01 0.04% |
Below is the normalized historical share price chart for NIFTY 8-13 YR extending back to April 05, 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 NIFTY 8-13 stands at 2,763, as last reported on the 11th of December 2024, with the highest price reaching 2,764 and the lowest price hitting 2,762 during the day.
If you're considering investing in NIFTY Index, it is important to understand the factors that can impact its price. NIFTY 8-13 YR has Sharpe Ratio of 0.23, which conveys that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for NIFTY 8-13, which you can use to evaluate the volatility of the index. NIFTY Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.233
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Negative Returns | NIFGS813 |
Estimated Market Risk
0.14 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average NIFTY 8-13 is performing at about 18% 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 NIFTY 8-13 by adding it to a well-diversified portfolio.
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NIFTY 8-13 Valuation on December 5, 2024
It is possible to determine the worth of NIFTY 8-13 on a given historical date. On December 5, 2024 NIFTY was worth 2765.12 at the beginning of the trading date compared to the closed value of 2764.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIFTY 8-13 index. Still, in general, we apply an absolute valuation method to find NIFTY 8-13'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 NIFTY 8-13 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIFTY 8-13's related companies.
Open | High | Low | Close | Volume | |
2,760 | 2,774 | 2,760 | 2,764 | 1.00 | |
12/05/2024 | 2,765 | 2,766 | 2,764 | 2,764 | 1.00 |
2,766 | 2,769 | 2,754 | 2,756 | 1.00 |
Backtest NIFTY 8-13 | | | NIFTY 8-13 History | Previous | Next |
NIFTY 8-13 Trading Date Momentum on December 5, 2024
On December 06 2024 NIFTY 8-13 YR was traded for 2,756 at the closing time. The highest price during the trading period was 2,769 and the lowest recorded bid was listed for 2,754 . There was no trading activity during the period 1.0. Lack of trading volume on December 6, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.29% . The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
NIFTY 8-13 Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NIFTY 8-13 YR cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.
NIFTY 8-13 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NIFTY 8-13 index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIFTY 8-13 shares will generate the highest return on investment. By undertsting and applying NIFTY 8-13 index market strength indicators, traders can identify NIFTY 8-13 YR entry and exit signals to maximize returns
NIFTY 8-13 Technical Drivers
NIFTY 8-13 December 11, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIFTY 8-13's price direction in advance. Along with the technical and fundamental analysis of NIFTY Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIFTY 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 | 0.1558 | |||
Mean Deviation | 0.1044 | |||
Downside Deviation | 0.1324 | |||
Coefficient Of Variation | 366.1 | |||
Standard Deviation | 0.1403 | |||
Variance | 0.0197 | |||
Information Ratio | (0.61) | |||
Total Risk Alpha | 0.0061 | |||
Sortino Ratio | (0.65) | |||
Maximum Drawdown | 0.7316 | |||
Value At Risk | (0.19) | |||
Potential Upside | 0.2362 | |||
Downside Variance | 0.0175 | |||
Semi Variance | (0.03) | |||
Expected Short fall | (0.12) | |||
Skewness | (0.04) | |||
Kurtosis | 1.33 |
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