Tribhovandas Bhimji (India) Price on August 29, 2024
| TBZ Stock | 231.10 1.45 0.63% |
Below is the normalized historical share price chart for Tribhovandas Bhimji Zaveri extending back to May 09, 2012. 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 Tribhovandas Bhimji stands at 231.10, as last reported on the 27th of November, with the highest price reaching 233.35 and the lowest price hitting 226.05 during the day.
If you're considering investing in Tribhovandas Stock, it is important to understand the factors that can impact its price. Tribhovandas Bhimji appears to be very steady, given 3 months investment horizon. Tribhovandas Bhimji owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0738, which indicates the firm had a 0.0738% return per unit of risk over the last 3 months. We have found thirty technical indicators for Tribhovandas Bhimji Zaveri, which you can use to evaluate the volatility of the company. Please review Tribhovandas Bhimji's Semi Deviation of 3.47, coefficient of variation of 1176.3, and Risk Adjusted Performance of 0.0735 to confirm if our risk estimates are consistent with your expectations.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 4.8 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 70.7 M. Tribhovandas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 170.8564 | 50 Day MA 266.7626 | Beta 1.061 |
Tribhovandas |
Sharpe Ratio = 0.0738
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Estimated Market Risk
| 5.06 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Tribhovandas Bhimji is performing at about 5% 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 Tribhovandas Bhimji by adding it to a well-diversified portfolio.
Price Book 2.4946 | Enterprise Value Ebitda 13.7731 | Price Sales 0.6639 | Shares Float 13.2 M | Wall Street Target Price 120 |
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Tribhovandas Bhimji Valuation on August 29, 2024
It is possible to determine the worth of Tribhovandas Bhimji on a given historical date. On August 29, 2024 Tribhovandas was worth 205.72 at the beginning of the trading date compared to the closed value of 197.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tribhovandas Bhimji stock. Still, in general, we apply an absolute valuation method to find Tribhovandas Bhimji'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 Tribhovandas Bhimji where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tribhovandas Bhimji's related companies.
| Open | High | Low | Close | Volume | |
| 204.23 | 211.92 | 202.95 | 206.32 | 2,284,728 | |
08/29/2024 | 205.72 | 205.81 | 194.09 | 197.04 | 962,871 |
| 198.08 | 203.24 | 191.84 | 197.47 | 631,217 |
| Backtest Tribhovandas Bhimji | | | Tribhovandas Bhimji History | | | Tribhovandas Bhimji Valuation | Previous | Next |
Tribhovandas Bhimji Trading Date Momentum on August 29, 2024
| On August 30 2024 Tribhovandas Bhimji Zaveri was traded for 197.47 at the closing time. The highest price during the trading period was 203.24 and the lowest recorded bid was listed for 191.84 . The volume for the day was 631.2 K. This history from August 30, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.22% . The trading price change to the current price is 19.01% . |
Tribhovandas Bhimji Fundamentals Correlations and Trends
By evaluating Tribhovandas Bhimji'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 Tribhovandas Bhimji's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tribhovandas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tribhovandas Bhimji Stock history
Tribhovandas Bhimji 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 Tribhovandas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tribhovandas Bhimji 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 Tribhovandas Bhimji stock prices may prove useful in developing a viable investing in Tribhovandas Bhimji
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 76.7 M | 70.7 M | |
| Net Income Applicable To Common Shares | 462.2 M | 249.2 M |
Tribhovandas Bhimji Quarterly Net Working Capital |
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Tribhovandas Bhimji Stock Technical Analysis
Tribhovandas Bhimji 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
Tribhovandas Bhimji Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Tribhovandas Bhimji Zaveri 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.
Tribhovandas Bhimji November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Tribhovandas Bhimji stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tribhovandas Bhimji shares will generate the highest return on investment. By undertsting and applying Tribhovandas Bhimji stock market strength indicators, traders can identify Tribhovandas Bhimji Zaveri entry and exit signals to maximize returns
Tribhovandas Bhimji Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tribhovandas Bhimji's price direction in advance. Along with the technical and fundamental analysis of Tribhovandas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tribhovandas 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 | 0.0735 | |||
| Jensen Alpha | 0.4964 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | (0.64) |
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Complementary Tools for Tribhovandas Stock analysis
When running Tribhovandas Bhimji's price analysis, check to measure Tribhovandas Bhimji's 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 Tribhovandas Bhimji is operating at the current time. Most of Tribhovandas Bhimji's value examination focuses on studying past and present price action to predict the probability of Tribhovandas Bhimji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tribhovandas Bhimji's price. Additionally, you may evaluate how the addition of Tribhovandas Bhimji to your portfolios can decrease your overall portfolio volatility.
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