Tamilnadu Telecommunicatio (India) Price on July 20, 2023

TNTELE Stock   9.37  0.01  0.11%   
Below is the normalized historical share price chart for Tamilnadu Telecommunication Limited extending back to May 30, 1995. 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 Tamilnadu Telecommunicatio stands at 9.37, as last reported on the 3rd of December, with the highest price reaching 9.68 and the lowest price hitting 9.25 during the day.
200 Day MA
10.7001
50 Day MA
9.9096
Beta
(0.01)
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Tamilnadu Stock, it is important to understand the factors that can impact its price. Tamilnadu Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0913, which indicates the firm had a -0.0913% return per unit of risk over the last 3 months. Tamilnadu Telecommunication Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tamilnadu Telecommunicatio's Variance of 6.02, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,138) to confirm the risk estimate we provide.
  
At present, Tamilnadu Telecommunicatio's 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 256.7 M, whereas Total Stockholder Equity is projected to grow to (1.6 B). . Tamilnadu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0913

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Estimated Market Risk

 2.46
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tamilnadu Telecommunicatio 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 Tamilnadu Telecommunicatio by adding Tamilnadu Telecommunicatio to a well-diversified portfolio.
Book Value
(35.81)
Enterprise Value
752.2 M
Enterprise Value Ebitda
(7.25)
Price Sales
4.1 K
Shares Float
13 M

Tamilnadu Telecommunicatio Main Headline on 20th of July 2023

India Data Center Market Size is Projected to Reach US 8.10 Billion by 2028, Industry CAGR 12.20 percent IMARC Gro openPR

Tamilnadu Telecommunicatio Valuation on July 20, 2023

It is possible to determine the worth of Tamilnadu Telecommunicatio on a given historical date. On July 20, 2023 Tamilnadu was worth 6.15 at the beginning of the trading date compared to the closed value of 6.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tamilnadu Telecommunicatio stock. Still, in general, we apply an absolute valuation method to find Tamilnadu Telecommunicatio'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 Tamilnadu Telecommunicatio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tamilnadu Telecommunicatio's related companies.
 Open High Low Close Volume
  6.10    6.20    6.00    6.00    3,371  
07/20/2023
  6.15    6.15    5.95    6.00    12,410  
  6.15    6.15    5.90    5.95    12,493  
Backtest Tamilnadu Telecommunicatio  |  Tamilnadu Telecommunicatio History  |  Tamilnadu Telecommunicatio Valuation   PreviousNext  
Open Value
6.15
6.0
Closing Value
13.53
Upside

Tamilnadu Telecommunicatio Trading Date Momentum on July 20, 2023

On July 21 2023 Tamilnadu Telecommunication Limited was traded for  5.95  at the closing time. The highest price during the trading period was 6.15  and the lowest recorded bid was listed for  5.90 . The volume for the day was 12.5 K. This history from July 21, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.83% . The trading price change to the current price is 1.67% .

Tamilnadu Telecommunicatio Fundamentals Correlations and Trends

By evaluating Tamilnadu Telecommunicatio'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 Tamilnadu Telecommunicatio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tamilnadu financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tamilnadu Telecommunicatio Stock history

Tamilnadu Telecommunicatio 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 Tamilnadu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tamilnadu Telecommunicatio 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 Tamilnadu Telecommunicatio stock prices may prove useful in developing a viable investing in Tamilnadu Telecommunicatio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.7 M45.8 M
Net Loss-137.6 M-144.5 M

Tamilnadu Telecommunicatio Stock Technical Analysis

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

Tamilnadu Telecommunicatio Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tamilnadu Telecommunication 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.

Tamilnadu Telecommunicatio December 3, 2024 Market Strength

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

Tamilnadu Telecommunicatio Technical and Predictive Indicators

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

Complementary Tools for Tamilnadu Stock analysis

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