Can Fin (India) Price on July 4, 2024

CANFINHOME   823.95  0.95  0.12%   
Below is the normalized historical share price chart for Can Fin Homes extending back to January 17, 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 Can Fin stands at 823.95, as last reported on the 2nd of December, with the highest price reaching 829.10 and the lowest price hitting 817.60 during the day.
200 Day MA
819.2252
50 Day MA
856.09
Beta
0.763
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Can Stock, it is important to understand the factors that can impact its price. Can Fin Homes secures Sharpe Ratio (or Efficiency) of -0.0486, which signifies that the company had a -0.0486% return per unit of risk over the last 3 months. Can Fin Homes exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Can Fin's Standard Deviation of 1.84, risk adjusted performance of (0.01), and Mean Deviation of 1.46 to double-check the risk estimate we provide.
  
As of now, Can Fin's Total Stockholder Equity is increasing as compared to previous years. The Can Fin's current Liabilities And Stockholders Equity is estimated to increase to about 384.3 B, while Common Stock Shares Outstanding is projected to decrease to under 134.1 M. . Can Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0486

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Negative ReturnsCANFINHOME

Estimated Market Risk

 1.84
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Can Fin 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 Can Fin by adding Can Fin to a well-diversified portfolio.
Price Book
2.3335
Price Sales
8.5191
Shares Float
82.4 M
Dividend Share
4
Wall Street Target Price
984.2353

Can Fin Main Headline on 4th of July 2024

Investec shares Hold call for Bajaj Finance, Can Fin Homes, Buy for CreditAccess Moneycontrol

Can Fin Valuation on July 4, 2024

It is possible to determine the worth of Can Fin on a given historical date. On July 4, 2024 Can was worth 903.86 at the beginning of the trading date compared to the closed value of 886.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Can Fin stock. Still, in general, we apply an absolute valuation method to find Can Fin'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 Can Fin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Can Fin's related companies.
 Open High Low Close Volume
  888.93    905.45    876.98    897.29    1,326,007  
07/04/2024
  903.86    903.86    882.41    886.94    369,698  
  886.54    891.32    875.49    882.86    340,493  
Backtest Can Fin  |  Can Fin History  |  Can Fin Valuation   PreviousNext  
Open Value
903.86
898.33
Downside
886.94
Closing Value
909.39
Upside

Can Fin Trading Date Momentum on July 4, 2024

On July 05 2024 Can Fin Homes was traded for  882.86  at the closing time. The highest price during the trading period was 891.32  and the lowest recorded bid was listed for  875.49 . The volume for the day was 340.5 K. This history from July 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.46% . The overall trading delta to the current price is 2.92% .

Can Fin Homes Fundamentals Correlations and Trends

By evaluating Can Fin'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 Can Fin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Can financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Can Fin Stock history

Can Fin 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 Can is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Can Fin Homes 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 Can Fin stock prices may prove useful in developing a viable investing in Can Fin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding153.1 M134.1 M
Net Income Applicable To Common Shares7.1 B7.5 B

Can Fin Stock Technical Analysis

Can Fin 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.
A focus of Can Fin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Can Fin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Can Fin Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Can Fin Homes 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.

Can Fin December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Can Fin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Can Fin shares will generate the highest return on investment. By undertsting and applying Can Fin stock market strength indicators, traders can identify Can Fin Homes entry and exit signals to maximize returns

Can Fin Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Can Fin's price direction in advance. Along with the technical and fundamental analysis of Can Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Can 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.

Complementary Tools for Can Stock analysis

When running Can Fin's price analysis, check to measure Can Fin'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 Can Fin is operating at the current time. Most of Can Fin's value examination focuses on studying past and present price action to predict the probability of Can Fin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Can Fin's price. Additionally, you may evaluate how the addition of Can Fin to your portfolios can decrease your overall portfolio volatility.
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