Tracxn Technologies (India) Price on November 14, 2024
| TRACXN Stock | 72.82 2.05 2.74% |
If you're considering investing in Tracxn Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tracxn Technologies stands at 72.82, as last reported on the 28th of November, with the highest price reaching 75.90 and the lowest price hitting 72.10 during the day. Tracxn Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Tracxn Technologies Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tracxn Technologies' Coefficient Of Variation of (516.15), risk adjusted performance of (0.14), and Variance of 3.06 to confirm the risk estimate we provide.
At present, Tracxn Technologies' Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 108.7 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 106.4 M. . Tracxn Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Tracxn |
Sharpe Ratio = -0.2155
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tracxn Technologies 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 Tracxn Technologies by adding Tracxn Technologies to a well-diversified portfolio.
Price Book 11.4001 | Book Value 6.846 | Enterprise Value 7.1 B | Enterprise Value Ebitda 165.9948 | Price Sales 9.6606 |
Tracxn Technologies Valuation on November 14, 2024
It is possible to determine the worth of Tracxn Technologies on a given historical date. On November 14, 2024 Tracxn was worth 76.0 at the beginning of the trading date compared to the closed value of 75.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tracxn Technologies stock. Still, in general, we apply an absolute valuation method to find Tracxn 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 Tracxn Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tracxn Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 76.00 | 77.40 | 75.00 | 76.00 | 257,587 | |
11/14/2024 | 76.00 | 77.94 | 75.50 | 75.67 | 220,267 |
| 75.60 | 77.24 | 74.01 | 75.41 | 291,743 |
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Tracxn Technologies Trading Date Momentum on November 14, 2024
| On November 18 2024 Tracxn Technologies Limited was traded for 75.41 at the closing time. The highest price during the trading period was 77.24 and the lowest recorded bid was listed for 74.01 . The volume for the day was 291.7 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.34% . The trading price change to the current price is 1.06% . |
Tracxn Technologies Fundamentals Correlations and Trends
By evaluating Tracxn 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 Tracxn Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tracxn financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tracxn Technologies Stock history
Tracxn 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 Tracxn is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tracxn 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 Tracxn Technologies stock prices may prove useful in developing a viable investing in Tracxn Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 106.6 M | 106.4 M |
Tracxn Technologies Stock Technical Analysis
Tracxn 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.
Price Boundaries
Tracxn Technologies Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Tracxn Technologies 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.
Tracxn Technologies November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Tracxn 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 Tracxn Technologies shares will generate the highest return on investment. By undertsting and applying Tracxn Technologies stock market strength indicators, traders can identify Tracxn Technologies Limited entry and exit signals to maximize returns
Tracxn Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tracxn Technologies' price direction in advance. Along with the technical and fundamental analysis of Tracxn Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tracxn 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 | (0.14) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (1.14) |
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Complementary Tools for Tracxn Stock analysis
When running Tracxn Technologies' price analysis, check to measure Tracxn 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 Tracxn Technologies is operating at the current time. Most of Tracxn Technologies' value examination focuses on studying past and present price action to predict the probability of Tracxn Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tracxn Technologies' price. Additionally, you may evaluate how the addition of Tracxn Technologies to your portfolios can decrease your overall portfolio volatility.
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