Manaksia Steels (India) Price History

MANAKSTEEL   61.17  1.94  3.28%   
Below is the normalized historical share price chart for Manaksia Steels Limited extending back to March 30, 2015. 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 Manaksia Steels stands at 61.17, as last reported on the 23rd of November, with the highest price reaching 61.96 and the lowest price hitting 59.73 during the day.
200 Day MA
61.0337
50 Day MA
65.9464
Beta
0.919
 
Yuan Drop
 
Covid
If you're considering investing in Manaksia Stock, it is important to understand the factors that can impact its price. Currently, Manaksia Steels Limited is very steady. Manaksia Steels has Sharpe Ratio of 0.05, which conveys that the firm had a 0.05% return per unit of risk over the last 3 months. We have found thirty technical indicators for Manaksia Steels, which you can use to evaluate the volatility of the firm. Please verify Manaksia Steels' Risk Adjusted Performance of 0.067, mean deviation of 2.13, and Downside Deviation of 2.29 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
  
Total Stockholder Equity is likely to drop to about 2.1 B in 2024. Common Stock Shares Outstanding is likely to drop to about 63.1 M in 2024. Manaksia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.05

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Good Returns
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Small ReturnsMANAKSTEEL
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Estimated Market Risk

 3.08
  actual daily
27
73% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Manaksia Steels is performing at about 3% 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 Manaksia Steels by adding it to a well-diversified portfolio.
Price Book
1.2951
Book Value
45.845
Enterprise Value
4.6 B
Enterprise Value Ebitda
14.015
Price Sales
0.6383

Manaksia Steels Stock Price History Chart

There are several ways to analyze Manaksia Stock price data. The simplest method is using a basic Manaksia candlestick price chart, which shows Manaksia Steels price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 14, 202473.97
Lowest PriceSeptember 9, 202453.32

Manaksia Steels November 23, 2024 Stock Price Synopsis

Various analyses of Manaksia Steels' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Manaksia Stock. It can be used to describe the percentage change in the price of Manaksia Steels from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Manaksia Stock.
Manaksia Steels Price Daily Balance Of Power 0.87 
Manaksia Steels Price Rate Of Daily Change 1.03 
Manaksia Steels Price Action Indicator 1.30 

Manaksia Steels November 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Manaksia Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Manaksia Steels intraday prices and daily technical indicators to check the level of noise trading in Manaksia Stock and then apply it to test your longer-term investment strategies against Manaksia.

Manaksia Stock Price History Data

The price series of Manaksia Steels for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 20.65 with a coefficient of variation of 9.15. The daily prices for the period are spread out with arithmetic mean of 63.24. The median price for the last 90 days is 65.99.
OpenHighLowCloseVolume
11/23/2024
 61.30  61.96  59.73  61.17 
11/22/2024 61.30  61.96  59.73  61.17  51,054 
11/21/2024 62.97  63.17  58.01  59.23  66,416 
11/20/2024 61.74  61.74  61.74  61.74  1.00 
11/19/2024 63.00  63.90  61.00  61.74  51,903 
11/18/2024 63.00  63.50  61.11  62.04  50,495 
11/14/2024 59.34  63.00  59.10  62.08  75,785 
11/13/2024 62.00  62.30  59.00  59.34  103,841 
11/12/2024 64.00  64.09  61.52  61.83  79,602 
11/11/2024 63.45  64.99  62.50  63.53  97,781 
11/08/2024 68.35  68.35  62.80  64.41  97,613 
11/07/2024 68.77  69.59  67.51  68.02  53,933 
11/06/2024 66.50  69.02  65.94  68.77  246,112 
11/05/2024 65.80  67.58  64.71  66.37  52,485 
11/04/2024 66.95  66.95  65.24  65.99  35,895 
11/01/2024 67.44  67.44  67.44  67.44  56,966 
10/31/2024 68.90  70.90  67.05  67.44  130,345 
10/30/2024 68.19  68.50  67.13  67.51  43,459 
10/29/2024 67.49  68.69  66.25  67.86  73,950 
10/28/2024 67.50  74.45  65.53  67.27  616,878 
10/25/2024 65.75  69.00  62.23  67.76  245,679 
10/24/2024 66.10  66.85  64.71  65.74  49,974 
10/23/2024 64.00  67.50  62.89  66.48  89,648 
10/22/2024 66.97  67.79  63.41  63.94  88,268 
10/21/2024 68.20  69.38  66.06  66.97  91,768 
10/18/2024 70.70  70.80  67.40  69.28  112,714 
10/17/2024 70.75  72.40  69.33  69.75  105,716 
10/16/2024 70.91  75.18  70.50  71.04  276,469 
10/15/2024 73.50  77.14  70.95  71.15  404,188 
10/14/2024 68.80  74.51  67.35  73.97  716,828 
10/11/2024 66.41  73.49  66.41  67.74  271,864 
10/10/2024 65.80  69.03  65.05  67.66  98,293 
10/09/2024 67.00  69.78  66.01  66.64  119,299 
10/08/2024 66.00  67.75  65.00  66.81  90,606 
10/07/2024 67.00  70.00  64.50  65.09  342,820 
10/04/2024 69.15  70.29  66.20  67.08  151,412 
10/03/2024 69.35  72.00  67.20  68.12  163,540 
10/01/2024 70.00  70.80  67.51  68.68  129,161 
09/30/2024 67.80  70.02  66.79  68.97  282,934 
09/27/2024 66.10  69.34  65.91  66.69  331,525 
09/26/2024 66.05  68.50  65.66  66.04  119,810 
09/25/2024 68.00  68.75  66.17  66.95  125,133 
09/24/2024 68.10  68.75  67.20  67.67  90,007 
09/23/2024 68.70  69.76  67.05  67.93  126,583 
09/20/2024 66.20  68.89  66.10  67.76  230,706 
09/19/2024 68.80  68.80  65.28  65.86  252,222 
09/18/2024 66.70  72.09  65.22  68.72  889,981 
09/17/2024 67.95  68.66  66.00  68.66  1,078,065 
09/16/2024 62.42  62.42  62.42  62.42  141,224 
09/13/2024 54.14  59.27  53.50  56.75  168,330 
09/12/2024 53.95  54.95  52.94  53.89  55,655 
09/11/2024 54.16  56.36  53.15  53.82  90,933 
09/10/2024 53.40  55.26  53.26  54.19  53,693 
09/09/2024 53.61  54.66  53.00  53.32  41,250 
09/06/2024 55.09  55.10  53.46  53.56  44,438 
09/05/2024 55.00  55.51  53.82  54.59  52,496 
09/04/2024 54.50  55.46  53.96  54.06  36,688 
09/03/2024 55.94  55.99  53.15  54.00  54,094 
09/02/2024 55.71  56.99  55.01  55.47  60,125 
08/30/2024 56.90  57.70  55.51  55.71  29,211 
08/29/2024 56.95  59.08  56.00  56.65  80,055 

About Manaksia Steels Stock history

Manaksia Steels 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 Manaksia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Manaksia Steels 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 Manaksia Steels stock prices may prove useful in developing a viable investing in Manaksia Steels
Last ReportedProjected for Next Year
Common Stock Shares Outstanding65.6 M63.1 M
Net Income Applicable To Common Shares140.1 M165.8 M

Manaksia Steels Quarterly Net Working Capital

1.65 Billion

Manaksia Steels Stock Technical Analysis

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

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Manaksia Steels Technical and Predictive Indicators

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

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