Shriram Finance (India) Price on April 12, 2024
| SHRIRAMFIN | 3,020 24.05 0.79% |
Below is the normalized historical share price chart for Shriram Finance Limited extending back to July 01, 2002. 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 Shriram Finance stands at 3,020, as last reported on the 30th of November, with the highest price reaching 3,067 and the lowest price hitting 2,992 during the day.
If you're considering investing in Shriram Stock, it is important to understand the factors that can impact its price. Shriram Finance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0368, which indicates the firm had a -0.0368% return per unit of risk over the last 3 months. Shriram Finance Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shriram Finance's Coefficient Of Variation of (2,716), variance of 3.85, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide.
At this time, Shriram Finance's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 2.6 T, while Common Stock is likely to drop about 2.5 B. . Shriram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.8 K | 50 Day MA 3.2 K | Beta 1.165 |
Shriram |
Sharpe Ratio = -0.0368
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| Negative Returns | SHRIRAMFIN |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shriram Finance 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 Shriram Finance by adding Shriram Finance to a well-diversified portfolio.
Price Book 2.1673 | Price Sales 6.4984 | Shares Float 251.8 M | Dividend Share 47 | Wall Street Target Price 3.7 K |
Shriram Finance Valuation on April 12, 2024
It is possible to determine the worth of Shriram Finance on a given historical date. On April 12, 2024 Shriram was worth 2489.28 at the beginning of the trading date compared to the closed value of 2455.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shriram Finance stock. Still, in general, we apply an absolute valuation method to find Shriram Finance'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 Shriram Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shriram Finance's related companies.
| Open | High | Low | Close | Volume | |
| 2,529 | 2,535 | 2,489 | 2,497 | 700,885 | |
04/12/2024 | 2,489 | 2,489 | 2,449 | 2,455 | 828,911 |
| 2,463 | 2,463 | 2,379 | 2,385 | 950,138 |
| Backtest Shriram Finance | | | Shriram Finance History | | | Shriram Finance Valuation | Previous | Next |
Shriram Finance Trading Date Momentum on April 12, 2024
| On April 15 2024 Shriram Finance Limited was traded for 2,385 at the closing time. The highest price during the trading period was 2,463 and the lowest recorded bid was listed for 2,379 . The volume for the day was 950.1 K. This history from April 15, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.85% . The trading price change to the current price is 3.85% . |
Shriram Finance Fundamentals Correlations and Trends
By evaluating Shriram Finance'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 Shriram Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shriram financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shriram Finance Stock history
Shriram Finance 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 Shriram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shriram Finance 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 Shriram Finance stock prices may prove useful in developing a viable investing in Shriram Finance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 376.4 M | 245.2 M | |
| Net Income Applicable To Common Shares | 69.1 B | 41.2 B |
Shriram Finance Stock Technical Analysis
Shriram Finance 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
Shriram Finance Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Shriram Finance 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.
Shriram Finance November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Shriram Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shriram Finance shares will generate the highest return on investment. By undertsting and applying Shriram Finance stock market strength indicators, traders can identify Shriram Finance Limited entry and exit signals to maximize returns
Shriram Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shriram Finance's price direction in advance. Along with the technical and fundamental analysis of Shriram Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shriram 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 | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (9.91) |
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Other Information on Investing in Shriram Stock
Shriram Finance financial ratios help investors to determine whether Shriram Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shriram with respect to the benefits of owning Shriram Finance security.