Rajnandini Metal (India) Price History
RAJMET Stock | 9.08 0.04 0.44% |
Below is the normalized historical share price chart for Rajnandini Metal Limited extending back to October 23, 2018. 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 Rajnandini Metal stands at 9.08, as last reported on the 23rd of November, with the highest price reaching 9.30 and the lowest price hitting 9.00 during the day.
If you're considering investing in Rajnandini Stock, it is important to understand the factors that can impact its price. Rajnandini Metal maintains Sharpe Ratio (i.e., Efficiency) of -0.27, which implies the firm had a -0.27% return per unit of risk over the last 3 months. Rajnandini Metal exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rajnandini Metal's Coefficient Of Variation of (366.60), variance of 2.89, and Risk Adjusted Performance of (0.20) to confirm the risk estimate we provide.
At present, Rajnandini Metal's Total Stockholder Equity 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 1.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 204.6 M. . Rajnandini Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.5181 | 50 Day MA 10.1414 | Beta (0.31) |
Rajnandini |
Sharpe Ratio = -0.2722
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Negative Returns | RAJMET |
Estimated Market Risk
1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Rajnandini Metal 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 Rajnandini Metal by adding Rajnandini Metal to a well-diversified portfolio.
Price Book 4.4268 | Book Value 1.956 | Enterprise Value 3.5 B | Enterprise Value Ebitda 11.7082 | Price Sales 0.1991 |
Rajnandini Metal Stock Price History Chart
There are several ways to analyze Rajnandini Stock price data. The simplest method is using a basic Rajnandini candlestick price chart, which shows Rajnandini Metal 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 Price | August 29, 2024 | 12.32 |
Lowest Price | November 22, 2024 | 9.08 |
Rajnandini Metal November 23, 2024 Stock Price Synopsis
Various analyses of Rajnandini Metal's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Rajnandini Stock. It can be used to describe the percentage change in the price of Rajnandini Metal from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Rajnandini Stock.Rajnandini Metal Price Daily Balance Of Power | (0.13) | |
Rajnandini Metal Price Rate Of Daily Change | 1.00 | |
Rajnandini Metal Price Action Indicator | (0.09) |
Rajnandini Metal November 23, 2024 Stock Price Analysis
Rajnandini Stock Price History Data
The price series of Rajnandini Metal for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 3.47 with a coefficient of variation of 9.93. The price distribution for the period has arithmetic mean of 10.63. The median price for the last 90 days is 10.24. The company completed stock split (10:1) on 30th of November 2022. Rajnandini Metal had dividends distributed to its stock-holders on 2022-08-11.Open | High | Low | Close | Volume | ||
11/23/2024 | 9.15 | 9.30 | 9.00 | 9.08 | ||
11/22/2024 | 9.15 | 9.30 | 9.00 | 9.08 | 650,012 | |
11/21/2024 | 9.29 | 9.30 | 9.05 | 9.12 | 541,997 | |
11/20/2024 | 9.25 | 9.25 | 9.25 | 9.25 | 1.00 | |
11/19/2024 | 9.23 | 9.54 | 9.21 | 9.25 | 554,442 | |
11/18/2024 | 9.69 | 9.79 | 9.17 | 9.22 | 934,988 | |
11/14/2024 | 9.40 | 9.70 | 9.37 | 9.59 | 470,818 | |
11/13/2024 | 9.84 | 9.84 | 9.30 | 9.40 | 728,668 | |
11/12/2024 | 9.96 | 9.96 | 9.80 | 9.85 | 394,383 | |
11/11/2024 | 10.04 | 10.04 | 9.77 | 9.84 | 547,928 | |
11/08/2024 | 10.14 | 10.14 | 9.95 | 9.97 | 642,443 | |
11/07/2024 | 10.28 | 10.28 | 10.09 | 10.14 | 544,031 | |
11/06/2024 | 10.25 | 10.27 | 10.06 | 10.19 | 729,561 | |
11/05/2024 | 10.12 | 10.19 | 10.03 | 10.10 | 576,787 | |
11/04/2024 | 10.44 | 10.47 | 10.01 | 10.11 | 761,286 | |
11/01/2024 | 10.00 | 10.00 | 10.00 | 10.00 | 343,005 | |
10/31/2024 | 10.04 | 10.25 | 9.92 | 10.00 | 1,100,877 | |
10/30/2024 | 9.60 | 10.04 | 9.53 | 9.83 | 944,250 | |
10/29/2024 | 9.69 | 9.69 | 9.46 | 9.56 | 428,762 | |
10/28/2024 | 9.64 | 9.74 | 9.28 | 9.57 | 930,022 | |
10/25/2024 | 9.84 | 9.92 | 9.25 | 9.52 | 772,000 | |
10/24/2024 | 9.45 | 9.83 | 9.30 | 9.65 | 746,901 | |
10/23/2024 | 9.28 | 9.54 | 9.26 | 9.37 | 895,252 | |
10/22/2024 | 10.00 | 10.00 | 9.40 | 9.50 | 998,993 | |
10/21/2024 | 10.08 | 10.09 | 9.80 | 9.85 | 697,979 | |
10/18/2024 | 10.07 | 10.07 | 9.85 | 10.00 | 704,337 | |
10/17/2024 | 9.80 | 10.12 | 9.80 | 10.00 | 1,561,324 | |
10/16/2024 | 10.29 | 10.29 | 9.05 | 9.80 | 3,307,216 | |
10/15/2024 | 10.50 | 10.62 | 10.16 | 10.24 | 1,430,918 | |
10/14/2024 | 10.40 | 10.54 | 10.14 | 10.46 | 1,258,126 | |
10/11/2024 | 10.23 | 10.47 | 10.23 | 10.40 | 681,490 | |
10/10/2024 | 10.36 | 10.54 | 10.26 | 10.41 | 1,296,168 | |
10/09/2024 | 10.15 | 10.74 | 10.15 | 10.39 | 2,288,674 | |
10/08/2024 | 9.86 | 10.20 | 9.60 | 10.13 | 1,697,789 | |
10/07/2024 | 10.24 | 10.30 | 9.71 | 9.86 | 1,925,373 | |
10/04/2024 | 10.10 | 10.29 | 9.98 | 10.18 | 1,347,348 | |
10/03/2024 | 9.99 | 10.44 | 9.96 | 10.22 | 2,420,843 | |
10/01/2024 | 10.00 | 10.65 | 9.90 | 9.99 | 7,883,166 | |
09/30/2024 | 10.64 | 10.70 | 9.96 | 10.00 | 8,796,257 | |
09/27/2024 | 10.60 | 10.78 | 10.51 | 10.57 | 1,717,434 | |
09/26/2024 | 10.70 | 10.90 | 10.52 | 10.58 | 2,283,665 | |
09/25/2024 | 10.75 | 11.15 | 10.65 | 10.70 | 3,239,826 | |
09/24/2024 | 10.94 | 11.06 | 10.30 | 10.73 | 2,932,565 | |
09/23/2024 | 10.91 | 11.08 | 10.80 | 10.86 | 3,091,337 | |
09/20/2024 | 11.14 | 11.30 | 10.86 | 10.91 | 2,439,772 | |
09/19/2024 | 11.39 | 11.42 | 11.00 | 11.08 | 1,603,347 | |
09/18/2024 | 11.34 | 11.75 | 11.14 | 11.25 | 5,280,833 | |
09/17/2024 | 11.45 | 11.49 | 11.22 | 11.27 | 2,511,397 | |
09/16/2024 | 11.45 | 11.63 | 11.27 | 11.33 | 3,578,091 | |
09/13/2024 | 11.50 | 11.69 | 11.28 | 11.31 | 3,750,863 | |
09/12/2024 | 12.00 | 12.19 | 11.40 | 11.46 | 2,818,514 | |
09/11/2024 | 12.03 | 12.15 | 11.70 | 11.80 | 1,226,429 | |
09/10/2024 | 12.02 | 12.27 | 11.94 | 12.03 | 1,267,036 | |
09/09/2024 | 12.20 | 12.24 | 11.89 | 12.02 | 1,233,083 | |
09/06/2024 | 11.97 | 12.48 | 11.79 | 12.02 | 2,139,295 | |
09/05/2024 | 12.04 | 12.22 | 11.89 | 11.94 | 1,442,524 | |
09/04/2024 | 12.16 | 12.27 | 12.00 | 12.04 | 914,909 | |
09/03/2024 | 12.19 | 12.30 | 12.08 | 12.16 | 905,470 | |
09/02/2024 | 12.47 | 12.47 | 12.06 | 12.15 | 1,023,686 | |
08/30/2024 | 12.48 | 12.48 | 12.22 | 12.30 | 838,141 | |
08/29/2024 | 12.49 | 12.49 | 12.26 | 12.32 | 710,991 |
About Rajnandini Metal Stock history
Rajnandini Metal 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 Rajnandini is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rajnandini Metal 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 Rajnandini Metal stock prices may prove useful in developing a viable investing in Rajnandini Metal
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 276.5 M | 204.6 M | |
Net Income Applicable To Common Shares | 157.3 M | 165.2 M |
Rajnandini Metal Quarterly Net Working Capital |
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Rajnandini Metal Stock Technical Analysis
Rajnandini Metal 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.
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Rajnandini Metal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Rajnandini Metal's price direction in advance. Along with the technical and fundamental analysis of Rajnandini Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rajnandini 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 | (0.20) | |||
Jensen Alpha | (0.47) | |||
Total Risk Alpha | (0.74) | |||
Treynor Ratio | 10.95 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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When running Rajnandini Metal's price analysis, check to measure Rajnandini Metal'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 Rajnandini Metal is operating at the current time. Most of Rajnandini Metal's value examination focuses on studying past and present price action to predict the probability of Rajnandini Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rajnandini Metal's price. Additionally, you may evaluate how the addition of Rajnandini Metal to your portfolios can decrease your overall portfolio volatility.
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