Dhanuka Agritech (India) Price on July 31, 2023

DHANUKA Stock   1,510  77.75  4.90%   
Below is the normalized historical share price chart for Dhanuka Agritech Limited extending back to June 29, 2011. 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 Dhanuka Agritech stands at 1,510, as last reported on the 22nd of December, with the highest price reaching 1,610 and the lowest price hitting 1,500 during the day.
200 Day MA
1.5 K
50 Day MA
1.5 K
Beta
0.828
 
Yuan Drop
 
Covid
If you're considering investing in Dhanuka Stock, it is important to understand the factors that can impact its price. At this point, Dhanuka Agritech is very steady. Dhanuka Agritech secures Sharpe Ratio (or Efficiency) of 0.0186, which denotes the company had a 0.0186% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Dhanuka Agritech Limited, which you can use to evaluate the volatility of the firm. Please confirm Dhanuka Agritech's Coefficient Of Variation of (13,243), mean deviation of 1.65, and Standard Deviation of 2.28 to check if the risk estimate we provide is consistent with the expected return of 0.0412%.
  
At present, Dhanuka Agritech'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 16.6 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 38.4 M. . Dhanuka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0186

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Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Dhanuka Agritech is performing at about 1% 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 Dhanuka Agritech by adding it to a well-diversified portfolio.
Price Book
5.3536
Enterprise Value Ebitda
16.4669
Price Sales
3.5505
Shares Float
17.4 M
Dividend Share
6

Dhanuka Agritech Valuation on July 31, 2023

It is possible to determine the worth of Dhanuka Agritech on a given historical date. On July 31, 2023 Dhanuka was worth 743.61 at the beginning of the trading date compared to the closed value of 747.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Dhanuka Agritech stock. Still, in general, we apply an absolute valuation method to find Dhanuka Agritech'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 Dhanuka Agritech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Dhanuka Agritech's related companies.
 Open High Low Close Volume
  758.79    758.84    737.48    742.62    28,418  
07/31/2023
  743.61    759.53    743.61    747.27    26,599  
  751.02    754.49    739.80    748.80    21,823  
Backtest Dhanuka Agritech  |  Dhanuka Agritech History  |  Dhanuka Agritech Valuation   PreviousNext  
Open Value
743.61
736.98
Downside
747.27
Closing Value
750.24
Upside

Dhanuka Agritech Trading Date Momentum on July 31, 2023

On August 01 2023 Dhanuka Agritech Limited was traded for  748.80  at the closing time. The highest price during the trading period was 754.49  and the lowest recorded bid was listed for  739.80 . The volume for the day was 21.8 K. This history from August 1, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.20% . The overall trading delta to the current price is 0.75% .

Dhanuka Agritech Fundamentals Correlations and Trends

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

About Dhanuka Agritech Stock history

Dhanuka Agritech 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 Dhanuka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dhanuka Agritech 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 Dhanuka Agritech stock prices may prove useful in developing a viable investing in Dhanuka Agritech
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.6 M38.4 M
Net Income Applicable To Common Shares2.7 B1.6 B

Dhanuka Agritech Quarterly Net Working Capital

7.48 Billion

Dhanuka Agritech Stock Technical Analysis

Dhanuka Agritech 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 Dhanuka Agritech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Dhanuka Agritech 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

Dhanuka Agritech Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Dhanuka Agritech 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.

Dhanuka Agritech December 22, 2024 Market Strength

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

Dhanuka Agritech Technical and Predictive Indicators

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

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