Persistent Systems (India) Price on April 24, 2023

PERSISTENT   6,345  110.35  1.77%   
Below is the normalized historical share price chart for Persistent Systems Limited extending back to April 06, 2010. 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 Persistent Systems stands at 6,345, as last reported on the 11th of December 2024, with the highest price reaching 6,383 and the lowest price hitting 6,201 during the day.
200 Day MA
4.6 K
50 Day MA
5.7 K
Beta
0.695
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Persistent Stock, it is important to understand the factors that can impact its price. Persistent Systems appears to be very steady, given 3 months investment horizon. Persistent Systems maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Persistent Systems, which you can use to evaluate the volatility of the company. Please evaluate Persistent Systems' Risk Adjusted Performance of 0.1088, coefficient of variation of 707.71, and Semi Deviation of 1.62 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Persistent Systems' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 77.4 B in 2024, whereas Capital Stock is likely to drop slightly above 615.8 M in 2024. . Persistent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1426

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Estimated Market Risk

 2.25
  actual daily
20
80% of assets are more volatile

Expected Return

 0.32
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Persistent Systems 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 Persistent Systems by adding it to a well-diversified portfolio.
Price Book
17.1699
Enterprise Value Ebitda
47.5889
Price Sales
9.0414
Shares Float
99 M
Dividend Share
10

Persistent Systems Valuation on April 24, 2023

It is possible to determine the worth of Persistent Systems on a given historical date. On April 24, 2023 Persistent was worth 2151.79 at the beginning of the trading date compared to the closed value of 2215.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Persistent Systems stock. Still, in general, we apply an absolute valuation method to find Persistent Systems' 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 Persistent Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Persistent Systems' related companies.
 Open High Low Close Volume
  2,132    2,156    2,095    2,148    486,708  
04/24/2023
  2,152    2,216    2,149    2,216    1,438,434  
  2,179    2,230    2,164    2,213    1,529,942  
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Open Value
2151.79
2215.73
Closing Value
2,159
Upside

Persistent Systems Trading Date Momentum on April 24, 2023

On April 25 2023 Persistent Systems Limited was traded for  2,213  at the closing time. The highest price during the trading period was 2,230  and the lowest recorded bid was listed for  2,164 . The volume for the day was 1.5 M. This history from April 25, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.14% . The trading delta at closing time to the current price is 4.85% .

Persistent Systems Fundamentals Correlations and Trends

By evaluating Persistent Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Persistent Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Persistent financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Persistent Systems Stock history

Persistent Systems 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 Persistent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Persistent Systems 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 Persistent Systems stock prices may prove useful in developing a viable investing in Persistent Systems
Last ReportedProjected for Next Year
Common Stock Shares Outstanding153.9 M120.2 M
Net Income Applicable To Common Shares10.6 B11.1 B

Persistent Systems Quarterly Net Working Capital

19.39 Billion

Persistent Systems Stock Technical Analysis

Persistent Systems 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.
A focus of Persistent Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Persistent Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Persistent Systems Period Price Range

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December 11, 2024
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Persistent Systems 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.

Persistent Systems December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Persistent Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Persistent Systems shares will generate the highest return on investment. By undertsting and applying Persistent Systems stock market strength indicators, traders can identify Persistent Systems Limited entry and exit signals to maximize returns

Persistent Systems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Persistent Systems' price direction in advance. Along with the technical and fundamental analysis of Persistent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Persistent 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.

Additional Tools for Persistent Stock Analysis

When running Persistent Systems' price analysis, check to measure Persistent Systems' 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 Persistent Systems is operating at the current time. Most of Persistent Systems' value examination focuses on studying past and present price action to predict the probability of Persistent Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Persistent Systems' price. Additionally, you may evaluate how the addition of Persistent Systems to your portfolios can decrease your overall portfolio volatility.