Sify Technologies Limited Stock Price on April 22, 2024

SIFY Stock  USD 3.45  0.10  2.82%   
Below is the normalized historical share price chart for Sify Technologies Limited extending back to October 19, 1999. 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 Sify Technologies stands at 3.45, as last reported on the 28th of November, with the highest price reaching 3.59 and the lowest price hitting 3.40 during the day.
IPO Date
19th of October 1999
200 Day MA
4.9317
50 Day MA
2.9208
Beta
1.454
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sify Stock, it is important to understand the factors that can impact its price. Sify Technologies is dangerous given 3 months investment horizon. Sify Technologies 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-nine different technical indicators, which can help you to evaluate if expected returns of 1.58% are justified by taking the suggested risk. Use Sify Technologies Coefficient Of Variation of 969.39, risk adjusted performance of 0.0885, and Semi Deviation of 6.11 to evaluate company specific risk that cannot be diversified away.
  
At this time, Sify Technologies' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 74.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 29.3 M in 2024. . At this time, Sify Technologies' Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to rise to 4.30 in 2024, whereas Price To Sales Ratio is likely to drop 0.54 in 2024. Sify Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1107

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Estimated Market Risk

 14.28
  actual daily
96
96% of assets are less volatile

Expected Return

 1.58
  actual daily
31
69% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Sify Technologies 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 Sify Technologies by adding it to a well-diversified portfolio.
Price Book
0.9003
Enterprise Value Ebitda
6.0555
Price Sales
0.0067
Shares Float
29.3 M
Wall Street Target Price
18

Related Headline

Ribbon Communications Headline on 22nd of April 2024

Filed transaction by Ribbon Communications Officer Evp, Clo Secretary. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Sify Technologies Valuation on April 22, 2024

It is possible to determine the worth of Sify Technologies on a given historical date. On April 22, 2024 Sify was worth 7.62 at the beginning of the trading date compared to the closed value of 7.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sify Technologies stock. Still, in general, we apply an absolute valuation method to find Sify Technologies' 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 Sify Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sify Technologies' related companies.
 Open High Low Close Volume
  7.50    7.62    7.32    7.38    2,992  
04/22/2024
  7.62    7.67    6.96    7.14    17,501  
  7.44    7.44    7.02    7.14    8,024  
Backtest Sify Technologies  |  Sify Technologies History  |  Sify Technologies Valuation   PreviousNext  
Open Value
7.62
7.14
Closing Value
50.47
Upside

Sify Technologies Trading Date Momentum on April 22, 2024

On April 23 2024 Sify Technologies Limited was traded for  7.14  at the closing time. The top price for the day was 7.44  and the lowest listed price was  7.02 . The trading volume for the day was 8 K. The trading history from April 23, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 4.20% .

Sify Technologies Fundamentals Correlations and Trends

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

About Sify Technologies Stock history

Sify Technologies 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 Sify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sify Technologies 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 Sify Technologies stock prices may prove useful in developing a viable investing in Sify Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding30.9 M29.3 M
Net Income Applicable To Common Shares775.1 M626.9 M

Sify Technologies Stock Technical Analysis

Sify Technologies 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 Sify Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sify Technologies 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

Sify Technologies Period Price Range

Low
November 28, 2024
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High

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Sify Technologies November 28, 2024 Market Strength

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

Sify Technologies Technical and Predictive Indicators

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

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