Shyam Metalics (India) Price on November 12, 2024
| SHYAMMETL | 813.05 11.10 1.38% |
If you're considering investing in Shyam Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shyam Metalics stands at 813.05, as last reported on the 23rd of November, with the highest price reaching 815.95 and the lowest price hitting 794.95 during the day. At this point, Shyam Metalics is very steady. Shyam Metalics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.003, which indicates the firm had a 0.003% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shyam Metalics and, which you can use to evaluate the volatility of the company. Please validate Shyam Metalics' Semi Deviation of 2.16, risk adjusted performance of 0.0423, and Coefficient Of Variation of 2144.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.0067%.
At present, Shyam Metalics' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 151.5 B, whereas Capital Stock is forecasted to decline to about 2.7 B. . Shyam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shyam |
Sharpe Ratio = 0.003
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Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shyam Metalics 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 Shyam Metalics by adding Shyam Metalics to a well-diversified portfolio.
Price Book 2.1866 | Enterprise Value Ebitda 11.5713 | Price Sales 1.595 | Shares Float 69.8 M | Dividend Share 2.7 |
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Shyam Metalics Valuation on November 12, 2024
It is possible to determine the worth of Shyam Metalics on a given historical date. On November 12, 2024 Shyam was worth 803.25 at the beginning of the trading date compared to the closed value of 810.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shyam Metalics stock. Still, in general, we apply an absolute valuation method to find Shyam Metalics' 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 Shyam Metalics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shyam Metalics' related companies.
| Open | High | Low | Close | Volume | |
| 814.85 | 816.35 | 790.15 | 800.85 | 417,716 | |
11/12/2024 | 803.25 | 827.75 | 799.95 | 810.15 | 419,757 |
| 796.00 | 811.25 | 778.65 | 796.25 | 433,815 |
| Backtest Shyam Metalics | | | Shyam Metalics History | | | Shyam Metalics Valuation | Previous | Next |
Shyam Metalics Trading Date Momentum on November 12, 2024
| On November 13 2024 Shyam Metalics and was traded for 796.25 at the closing time. The highest price during the trading period was 811.25 and the lowest recorded bid was listed for 778.65 . The volume for the day was 433.8 K. This history from November 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.72% . The trading price change to the current price is 1.25% . |
Shyam Metalics Fundamentals Correlations and Trends
By evaluating Shyam Metalics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shyam Metalics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shyam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shyam Metalics Stock history
Shyam Metalics 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 Shyam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shyam Metalics 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 Shyam Metalics stock prices may prove useful in developing a viable investing in Shyam Metalics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 260.8 M | 264.3 M | |
| Net Income Applicable To Common Shares | 19.8 B | 20.8 B |
Shyam Metalics Quarterly Net Working Capital |
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Shyam Metalics Stock Technical Analysis
Shyam Metalics 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
Shyam Metalics Period Price Range
Low | November 23, 2024
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0.00 | 0.00 |
Shyam Metalics and 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.
Shyam Metalics November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shyam Metalics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shyam Metalics shares will generate the highest return on investment. By undertsting and applying Shyam Metalics stock market strength indicators, traders can identify Shyam Metalics and entry and exit signals to maximize returns
Shyam Metalics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shyam Metalics' price direction in advance. Along with the technical and fundamental analysis of Shyam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shyam 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 | 0.0423 | |||
| Jensen Alpha | 0.0758 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.4273 |
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Complementary Tools for Shyam Stock analysis
When running Shyam Metalics' price analysis, check to measure Shyam Metalics' 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 Shyam Metalics is operating at the current time. Most of Shyam Metalics' value examination focuses on studying past and present price action to predict the probability of Shyam Metalics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shyam Metalics' price. Additionally, you may evaluate how the addition of Shyam Metalics to your portfolios can decrease your overall portfolio volatility.
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