Manaksia Steels (India) Performance
| MANAKSTEEL | 61.17 1.94 3.28% |
Manaksia Steels has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Manaksia Steels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Manaksia Steels is expected to be smaller as well. Manaksia Steels right now secures a risk of 3.08%. Please verify Manaksia Steels Limited treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Manaksia Steels Limited will be following its current price movements.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Manaksia Steels Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain technical and fundamental indicators, Manaksia Steels may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | Dark Horse Stock of the Day This Low-Price Steel Stock Hits Upper Circuit - FY24 Profits Surge by 133 Per Cent - Dalal Street Investment Journal | 09/16/2024 |
2 | Manaksia management may split businesses among family members Company Business News - Mint | 10/30/2024 |
| Begin Period Cash Flow | 114.4 M |
Manaksia |
Manaksia Steels Relative Risk vs. Return Landscape
If you would invest 5,707 in Manaksia Steels Limited on August 25, 2024 and sell it today you would earn a total of 410.00 from holding Manaksia Steels Limited or generate 7.18% return on investment over 90 days. Manaksia Steels Limited is generating 0.1539% of daily returns and assumes 3.0768% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Manaksia, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Manaksia Steels Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manaksia Steels' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Manaksia Steels Limited, and traders can use it to determine the average amount a Manaksia Steels' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.05
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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.
Manaksia Steels Fundamentals Growth
Manaksia Stock prices reflect investors' perceptions of the future prospects and financial health of Manaksia Steels, and Manaksia Steels fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Manaksia Stock performance.
| Return On Equity | 0.0961 | ||||
| Return On Asset | 0.0405 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 4.55 B | ||||
| Shares Outstanding | 65.53 M | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 0.64 X | ||||
| Revenue | 6.81 B | ||||
| Gross Profit | 1.16 B | ||||
| EBITDA | 530.03 M | ||||
| Net Income | 283.84 M | ||||
| Cash And Equivalents | 35.2 M | ||||
| Total Debt | 1.86 B | ||||
| Book Value Per Share | 45.84 X | ||||
| Cash Flow From Operations | (521.5 M) | ||||
| Earnings Per Share | 1.84 X | ||||
| Total Asset | 5.2 B | ||||
| Retained Earnings | 2.41 B | ||||
About Manaksia Steels Performance
Assessing Manaksia Steels' fundamental ratios provides investors with valuable insights into Manaksia Steels' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Manaksia Steels is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Manaksia Steels is entity of India. It is traded as Stock on NSE exchange.Things to note about Manaksia Steels performance evaluation
Checking the ongoing alerts about Manaksia Steels for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Manaksia Steels help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Manaksia Steels had very high historical volatility over the last 90 days | |
| Manaksia Steels is unlikely to experience financial distress in the next 2 years | |
| Manaksia Steels Limited has accumulated about 35.2 M in cash with (521.5 M) of positive cash flow from operations. | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Manaksia management may split businesses among family members Company Business News - Mint |
- Analyzing Manaksia Steels' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Manaksia Steels' stock is overvalued or undervalued compared to its peers.
- Examining Manaksia Steels' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Manaksia Steels' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Manaksia Steels' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Manaksia Steels' stock. These opinions can provide insight into Manaksia Steels' potential for growth and whether the stock is currently undervalued or overvalued.
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.