Bajaj Finance (India) Price on September 11, 2024
| BAJFINANCE | 6,576 66.50 1.02% |
Below is the normalized historical share price chart for Bajaj Finance Limited extending back to February 09, 1995. 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 Bajaj Finance stands at 6,576, as last reported on the 2nd of December, with the highest price reaching 6,609 and the lowest price hitting 6,510 during the day.
If you're considering investing in Bajaj Stock, it is important to understand the factors that can impact its price. Bajaj Finance Limited secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Bajaj Finance Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bajaj Finance's Standard Deviation of 1.66, mean deviation of 1.26, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
At present, Bajaj Finance'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 3.9 T, whereas Common Stock Shares Outstanding is forecasted to decline to about 514 M. . Bajaj Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.9 K | 50 Day MA 7 K | Beta 1.048 |
Bajaj |
Sharpe Ratio = -0.1041
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Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bajaj Finance 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 Bajaj Finance by adding Bajaj Finance to a well-diversified portfolio.
Price Book 4.6855 | Enterprise Value Ebitda 20.097 | Price Sales 11.8662 | Shares Float 258.7 M | Dividend Share 36 |
Bajaj Finance Valuation on September 11, 2024
It is possible to determine the worth of Bajaj Finance on a given historical date. On September 11, 2024 Bajaj was worth 7250.0 at the beginning of the trading date compared to the closed value of 7345.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bajaj Finance stock. Still, in general, we apply an absolute valuation method to find Bajaj Finance'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 Bajaj Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bajaj Finance's related companies.
| Open | High | Low | Close | Volume | |
| 7,370 | 7,370 | 7,193 | 7,242 | 1,308,786 | |
09/11/2024 | 7,250 | 7,432 | 7,206 | 7,346 | 1,104,722 |
| 7,420 | 7,440 | 7,297 | 7,428 | 1,446,445 |
| Backtest Bajaj Finance | | | Bajaj Finance History | | | Bajaj Finance Valuation | Previous | Next |
Bajaj Finance Trading Date Momentum on September 11, 2024
| On September 12 2024 Bajaj Finance Limited was traded for 7,428 at the closing time. The highest price during the trading period was 7,440 and the lowest recorded bid was listed for 7,297 . The volume for the day was 1.4 M. This history from September 12, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.13% . The overall trading delta to the current price is 3.81% . |
Bajaj Finance Limited Fundamentals Correlations and Trends
By evaluating Bajaj Finance'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 Bajaj Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bajaj financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bajaj Finance Stock history
Bajaj Finance 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 Bajaj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bajaj Finance 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 Bajaj Finance stock prices may prove useful in developing a viable investing in Bajaj Finance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 612.4 M | 514 M | |
| Net Income Applicable To Common Shares | 132.3 B | 139 B |
Bajaj Finance Stock Technical Analysis
Bajaj Finance 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
Bajaj Finance Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Bajaj Finance 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.
Bajaj Finance December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bajaj Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bajaj Finance shares will generate the highest return on investment. By undertsting and applying Bajaj Finance stock market strength indicators, traders can identify Bajaj Finance Limited entry and exit signals to maximize returns
Bajaj Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bajaj Finance's price direction in advance. Along with the technical and fundamental analysis of Bajaj Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bajaj 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 | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.15) |
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| Volume Indicators |
Complementary Tools for Bajaj Stock analysis
When running Bajaj Finance's price analysis, check to measure Bajaj Finance'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 Bajaj Finance is operating at the current time. Most of Bajaj Finance's value examination focuses on studying past and present price action to predict the probability of Bajaj Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bajaj Finance's price. Additionally, you may evaluate how the addition of Bajaj Finance to your portfolios can decrease your overall portfolio volatility.
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