Axita Cotton (India) Price on September 27, 2024
| AXITA Stock | 11.51 0.13 1.12% |
If you're considering investing in Axita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Axita Cotton stands at 11.51, as last reported on the 21st of December, with the highest price reaching 11.74 and the lowest price hitting 11.45 during the day. Axita Cotton Limited secures Sharpe Ratio (or Efficiency) of -0.46, which signifies that the company had a -0.46% return per unit of risk over the last 3 months. Axita Cotton Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axita Cotton's Standard Deviation of 1.61, risk adjusted performance of (0.25), and Mean Deviation of 0.9094 to double-check the risk estimate we provide.
At this time, Axita Cotton's Total Stockholder Equity is very stable compared to the past year. As of the 21st of December 2024, Common Stock is likely to grow to about 273.9 M, while Common Stock Shares Outstanding is likely to drop about 232.6 M. . Axita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Axita |
Sharpe Ratio = -0.4601
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| Negative Returns | AXITA |
Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.61 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.46 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Axita Cotton 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 Axita Cotton by adding Axita Cotton to a well-diversified portfolio.
Price Book 5.907 | Book Value 1.856 | Enterprise Value 3.9 B | Enterprise Value Ebitda 10.9723 | Price Sales 0.3924 |
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Axita Cotton Valuation on September 27, 2024
It is possible to determine the worth of Axita Cotton on a given historical date. On September 27, 2024 Axita was worth 16.41 at the beginning of the trading date compared to the closed value of 16.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axita Cotton stock. Still, in general, we apply an absolute valuation method to find Axita Cotton'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 Axita Cotton where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axita Cotton's related companies.
| Open | High | Low | Close | Volume | |
| 16.87 | 17.09 | 16.59 | 16.62 | 5,640,285 | |
09/27/2024 | 16.41 | 16.97 | 16.41 | 16.61 | 4,920,385 |
| 16.79 | 16.87 | 16.49 | 16.54 | 4,205,964 |
| Backtest Axita Cotton | | | Axita Cotton History | | | Axita Cotton Valuation | Previous | Next |
Axita Cotton Trading Date Momentum on September 27, 2024
| On September 30 2024 Axita Cotton Limited was traded for 16.54 at the closing time. The highest price during the trading period was 16.87 and the lowest recorded bid was listed for 16.49 . The volume for the day was 4.2 M. This history from September 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.42% . The overall trading delta to the current price is 1.75% . |
Axita Cotton Limited Fundamentals Correlations and Trends
By evaluating Axita Cotton'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 Axita Cotton's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axita Cotton Stock history
Axita Cotton 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 Axita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axita Cotton Limited 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 Axita Cotton stock prices may prove useful in developing a viable investing in Axita Cotton
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 257.4 M | 232.6 M |
Axita Cotton Quarterly Net Working Capital |
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Axita Cotton Stock Technical Analysis
Axita Cotton 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
Axita Cotton Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Axita Cotton 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.
Axita Cotton December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Axita Cotton stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axita Cotton shares will generate the highest return on investment. By undertsting and applying Axita Cotton stock market strength indicators, traders can identify Axita Cotton Limited entry and exit signals to maximize returns
Axita Cotton Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axita Cotton's price direction in advance. Along with the technical and fundamental analysis of Axita Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axita 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 | (0.25) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (5.57) |
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Other Information on Investing in Axita Stock
Axita Cotton financial ratios help investors to determine whether Axita Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axita with respect to the benefits of owning Axita Cotton security.