GM Breweries (India) Price on November 21, 2024

GMBREW Stock   825.65  19.65  2.44%   
If you're considering investing in GMBREW Stock, it is important to understand the factors that can impact its price. As of today, the current price of GM Breweries stands at 825.65, as last reported on the 3rd of December, with the highest price reaching 830.00 and the lowest price hitting 800.00 during the day. GM Breweries Limited retains Efficiency (Sharpe Ratio) of -0.0044, which attests that the entity had a -0.0044% return per unit of price deviation over the last 3 months. GM Breweries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GM Breweries' Coefficient Of Variation of (22,489), market risk adjusted performance of (0.05), and Information Ratio of (0.05) to validate the risk estimate we provide.
  
GMBREW Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0044

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Estimated Market Risk

 3.01
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average GM Breweries 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 GM Breweries by adding GM Breweries to a well-diversified portfolio.

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GM Breweries Valuation on November 21, 2024

It is possible to determine the worth of GM Breweries on a given historical date. On November 21, 2024 GMBREW was worth 757.55 at the beginning of the trading date compared to the closed value of 758.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GM Breweries stock. Still, in general, we apply an absolute valuation method to find GM Breweries' 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 GM Breweries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GM Breweries' related companies.
 Open High Low Close Volume
  758.95    758.95    758.95    758.95    1.00  
11/21/2024
  757.55    764.70    740.20    758.35    23,273  
  761.05    784.90    755.00    772.75    30,731  
Backtest GM Breweries  |  GM Breweries History  |  GM Breweries Valuation   PreviousNext  
Open Value
757.55
748.52
Downside
758.35
Closing Value
766.58
Upside

GM Breweries Trading Date Momentum on November 21, 2024

On November 22 2024 GM Breweries Limited was traded for  772.75  at the closing time. The highest price during the trading period was 784.90  and the lowest recorded bid was listed for  755.00 . The volume for the day was 30.7 K. This history from November 22, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.90% . The overall trading delta to the current price is 5.84% .

GM Breweries Limited Fundamentals Correlations and Trends

By evaluating GM Breweries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GM Breweries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GMBREW financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About GM Breweries Stock history

GM Breweries 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 GMBREW is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GM Breweries 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 GM Breweries stock prices may prove useful in developing a viable investing in GM Breweries

GM Breweries Stock Technical Analysis

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

GM Breweries Period Price Range

Low
December 3, 2024
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High

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GM Breweries 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.

GM Breweries December 3, 2024 Market Strength

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

GM Breweries Technical and Predictive Indicators

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

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