Shriram Finance (India) Price on December 12, 2024
| SHRIRAMFIN | 520.30 3.60 0.70% |
If you're considering investing in Shriram Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shriram Finance stands at 520.30, as last reported on the 22nd of January, with the highest price reaching 530.75 and the lowest price hitting 513.45 during the day. Shriram Finance is somewhat reliable given 3 months investment horizon. Shriram Finance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 14.45% are justified by taking the suggested risk. Use Shriram Finance Semi Deviation of 12.64, coefficient of variation of 892.28, and Risk Adjusted Performance of 0.1045 to evaluate company specific risk that cannot be diversified away.
Shriram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shriram |
Sharpe Ratio = 0.1121
| Best Portfolio | Best Equity | SHRIRAMFIN | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 128.94 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Shriram Finance is performing at about 8% 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 Shriram Finance by adding it to a well-diversified portfolio.
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Shriram Finance Valuation on December 12, 2024
It is possible to determine the worth of Shriram Finance on a given historical date. On December 12, 2024 Shriram was worth 647.9 at the beginning of the trading date compared to the closed value of 649.62. 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 | |
| 639.10 | 653.52 | 635.60 | 649.65 | 7,350,105 | |
12/12/2024 | 647.90 | 653.00 | 644.31 | 649.62 | 5,108,345 |
| 648.41 | 650.93 | 623.52 | 632.51 | 6,003,130 |
| Backtest Shriram Finance | | | Shriram Finance History | | | Shriram Finance Valuation | Previous | Next |
Shriram Finance Trading Date Momentum on December 12, 2024
| On December 13 2024 Shriram Finance Limited was traded for 632.51 at the closing time. The highest price during the trading period was 650.93 and the lowest recorded bid was listed for 623.52 . The volume for the day was 6 M. This history from December 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.63% . The trading price change to the current price is 10.53% . |
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
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 | January 22, 2025
| 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 January 22, 2025 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 | 0.1045 | |||
| Jensen Alpha | 14.41 | |||
| Total Risk Alpha | 10.39 | |||
| Sortino Ratio | 0.8461 | |||
| Treynor Ratio | 13.67 |
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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.