Sarthak Metals (India) Price on November 28, 2023
| SMLT Stock | 161.53 5.84 3.75% |
If you're considering investing in Sarthak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sarthak Metals stands at 161.53, as last reported on the 29th of November, with the highest price reaching 163.53 and the lowest price hitting 156.50 during the day. Sarthak Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0155, which indicates the firm had a -0.0155% return per unit of risk over the last 3 months. Sarthak Metals Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sarthak Metals' Variance of 13.9, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,479) to confirm the risk estimate we provide.
Total Stockholder Equity is likely to gain to about 1.2 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 15.1 M in 2024. . Sarthak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sarthak |
Sharpe Ratio = -0.0155
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| Negative Returns | SMLT |
Estimated Market Risk
| 3.82 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sarthak Metals 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 Sarthak Metals by adding Sarthak Metals to a well-diversified portfolio.
Price Book 1.8021 | Book Value 87.301 | Enterprise Value 1.8 B | Enterprise Value Ebitda 15.9038 | Price Sales 0.9312 |
Sarthak Metals Valuation on November 28, 2023
It is possible to determine the worth of Sarthak Metals on a given historical date. On November 28, 2023 Sarthak was worth 226.99 at the beginning of the trading date compared to the closed value of 230.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sarthak Metals stock. Still, in general, we apply an absolute valuation method to find Sarthak Metals' 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 Sarthak Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sarthak Metals' related companies.
| Open | High | Low | Close | Volume | |
| 221.66 | 241.53 | 215.54 | 227.09 | 76,312 | |
11/28/2023 | 226.99 | 233.51 | 219.12 | 230.82 | 23,093 |
| 230.82 | 233.01 | 217.08 | 224.90 | 59,561 |
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Sarthak Metals Trading Date Momentum on November 28, 2023
| On November 29 2023 Sarthak Metals Limited was traded for 224.90 at the closing time. The highest price during the trading period was 233.01 and the lowest recorded bid was listed for 217.08 . The volume for the day was 59.6 K. This history from November 29, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 2.56% . The trading price change to the current price is 8.28% . |
Sarthak Metals Fundamentals Correlations and Trends
By evaluating Sarthak Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sarthak Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sarthak financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sarthak Metals Stock history
Sarthak Metals 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 Sarthak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sarthak Metals 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 Sarthak Metals stock prices may prove useful in developing a viable investing in Sarthak Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.7 M | 15.1 M | |
| Net Income Applicable To Common Shares | 342.3 M | 359.4 M |
Sarthak Metals Quarterly Net Working Capital |
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Sarthak Metals Stock Technical Analysis
Sarthak Metals 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
Sarthak Metals Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sarthak Metals 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.
Sarthak Metals November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sarthak Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sarthak Metals shares will generate the highest return on investment. By undertsting and applying Sarthak Metals stock market strength indicators, traders can identify Sarthak Metals Limited entry and exit signals to maximize returns
Sarthak Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sarthak Metals' price direction in advance. Along with the technical and fundamental analysis of Sarthak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sarthak 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 | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.81) |
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| Volume Indicators |
Additional Tools for Sarthak Stock Analysis
When running Sarthak Metals' price analysis, check to measure Sarthak Metals' 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 Sarthak Metals is operating at the current time. Most of Sarthak Metals' value examination focuses on studying past and present price action to predict the probability of Sarthak Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sarthak Metals' price. Additionally, you may evaluate how the addition of Sarthak Metals to your portfolios can decrease your overall portfolio volatility.