Bharat Road (India) Price on November 12, 2024
| BRNL Stock | 44.88 0.17 0.38% |
Below is the normalized historical share price chart for Bharat Road Network extending back to September 18, 2017. 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 Bharat Road stands at 44.88, as last reported on the 1st of December, with the highest price reaching 46.50 and the lowest price hitting 44.39 during the day.
If you're considering investing in Bharat Stock, it is important to understand the factors that can impact its price. Bharat Road Network secures Sharpe Ratio (or Efficiency) of -0.0603, which signifies that the company had a -0.0603% return per unit of standard deviation over the last 3 months. Bharat Road Network exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bharat Road's mean deviation of 1.68, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Total Stockholder Equity is likely to drop to about 1.8 B in 2024. Common Stock Shares Outstanding is likely to drop to about 91.1 M in 2024. Bharat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 53.7869 | 50 Day MA 45.642 | Beta 0.158 |
Bharat |
Sharpe Ratio = -0.0603
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| Negative Returns | BRNL |
Estimated Market Risk
| 2.24 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bharat Road 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 Bharat Road by adding Bharat Road to a well-diversified portfolio.
Price Book 2.2576 | Book Value 22.644 | Enterprise Value 12.4 B | Enterprise Value Ebitda 7.5002 | Price Sales 0.9811 |
Bharat Road Valuation on November 12, 2024
It is possible to determine the worth of Bharat Road on a given historical date. On November 12, 2024 Bharat was worth 46.69 at the beginning of the trading date compared to the closed value of 45.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bharat Road stock. Still, in general, we apply an absolute valuation method to find Bharat Road'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 Bharat Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bharat Road's related companies.
| Open | High | Low | Close | Volume | |
| 46.93 | 46.93 | 45.50 | 45.64 | 45,377 | |
11/12/2024 | 46.69 | 46.69 | 45.23 | 45.41 | 23,778 |
| 44.28 | 45.60 | 43.66 | 43.97 | 34,910 |
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Bharat Road Trading Date Momentum on November 12, 2024
| On November 13 2024 Bharat Road Network was traded for 43.97 at the closing time. The highest price during the trading period was 45.60 and the lowest recorded bid was listed for 43.66 . The volume for the day was 34.9 K. This history from November 13, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.17% . The overall trading delta to the current price is 7.29% . |
Bharat Road Network Fundamentals Correlations and Trends
By evaluating Bharat Road'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 Bharat Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bharat financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bharat Road Stock history
Bharat Road 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 Bharat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bharat Road Network 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 Bharat Road stock prices may prove useful in developing a viable investing in Bharat Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 96.5 M | 91.1 M | |
| Net Loss | -1.9 B | -1.8 B |
Bharat Road Stock Technical Analysis
Bharat Road 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
Bharat Road Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Bharat Road Network 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.
Bharat Road December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Bharat Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bharat Road shares will generate the highest return on investment. By undertsting and applying Bharat Road stock market strength indicators, traders can identify Bharat Road Network entry and exit signals to maximize returns
Bharat Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bharat Road's price direction in advance. Along with the technical and fundamental analysis of Bharat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bharat 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 | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.49) |
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Additional Tools for Bharat Stock Analysis
When running Bharat Road's price analysis, check to measure Bharat Road'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 Bharat Road is operating at the current time. Most of Bharat Road's value examination focuses on studying past and present price action to predict the probability of Bharat Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bharat Road's price. Additionally, you may evaluate how the addition of Bharat Road to your portfolios can decrease your overall portfolio volatility.