Lakshmi Finance (India) Price on September 27, 2024
| LFIC Stock | 229.25 4.10 1.76% |
Below is the normalized historical share price chart for Lakshmi Finance Industrial extending back to June 30, 2010. 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 Lakshmi Finance stands at 229.25, as last reported on the 29th of November, with the highest price reaching 239.00 and the lowest price hitting 228.50 during the day.
If you're considering investing in Lakshmi Stock, it is important to understand the factors that can impact its price. Currently, Lakshmi Finance Industrial is very steady. Lakshmi Finance Indu has Sharpe Ratio of 0.027, which conveys that the firm had a 0.027% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lakshmi Finance, which you can use to evaluate the volatility of the firm. Please verify Lakshmi Finance's Risk Adjusted Performance of 0.0216, mean deviation of 2.73, and Downside Deviation of 2.97 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Total Stockholder Equity is likely to drop to about 344.5 M in 2024. Common Stock is likely to drop to about 30.5 M in 2024. Lakshmi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 218.764 | 50 Day MA 261.3088 | Beta 0.632 |
Lakshmi |
Sharpe Ratio = 0.027
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| Cash | Small Risk | Average Risk | LFIC | Huge Risk |
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Estimated Market Risk
| 4.58 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Lakshmi Finance is performing at about 2% 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 Lakshmi Finance by adding it to a well-diversified portfolio.
Price Book 1.1016 | Book Value 188.38 | Enterprise Value 642.2 M | Enterprise Value Ebitda 3.7525 | Price Sales 3.9165 |
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Lakshmi Finance Valuation on September 27, 2024
It is possible to determine the worth of Lakshmi Finance on a given historical date. On September 27, 2024 Lakshmi was worth 245.51 at the beginning of the trading date compared to the closed value of 260.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lakshmi Finance stock. Still, in general, we apply an absolute valuation method to find Lakshmi 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 Lakshmi Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lakshmi Finance's related companies.
| Open | High | Low | Close | Volume | |
| 243.30 | 249.00 | 240.00 | 240.44 | 6,834 | |
09/27/2024 | 245.51 | 270.00 | 236.98 | 260.45 | 64,553 |
| 286.30 | 312.54 | 280.20 | 312.54 | 720,739 |
| Backtest Lakshmi Finance | | | Lakshmi Finance History | | | Lakshmi Finance Valuation | Previous | Next |
Lakshmi Finance Trading Date Momentum on September 27, 2024
| On September 30 2024 Lakshmi Finance Industrial was traded for 312.54 at the closing time. The highest price during the trading period was 312.54 and the lowest recorded bid was listed for 280.20 . The volume for the day was 720.7 K. This history from September 30, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 20.00% . The trading delta at closing time to the current price is 26.70% . |
Lakshmi Finance Indu Fundamentals Correlations and Trends
By evaluating Lakshmi 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 Lakshmi Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lakshmi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lakshmi Finance Stock history
Lakshmi 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 Lakshmi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lakshmi Finance Indu 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 Lakshmi Finance stock prices may prove useful in developing a viable investing in Lakshmi Finance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.7 M | 2.4 M | |
| Net Income Applicable To Common Shares | 5 M | 4.7 M |
Lakshmi Finance Quarterly Net Working Capital |
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Lakshmi Finance Stock Technical Analysis
Lakshmi 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
Lakshmi Finance Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Lakshmi Finance Industrial 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.
Lakshmi Finance November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Lakshmi 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 Lakshmi Finance shares will generate the highest return on investment. By undertsting and applying Lakshmi Finance stock market strength indicators, traders can identify Lakshmi Finance Industrial entry and exit signals to maximize returns
Lakshmi Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lakshmi Finance's price direction in advance. Along with the technical and fundamental analysis of Lakshmi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lakshmi 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 | 0.0216 | |||
| Jensen Alpha | 0.102 | |||
| Total Risk Alpha | (0.60) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.22) |
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Additional Tools for Lakshmi Stock Analysis
When running Lakshmi Finance's price analysis, check to measure Lakshmi 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 Lakshmi Finance is operating at the current time. Most of Lakshmi Finance's value examination focuses on studying past and present price action to predict the probability of Lakshmi 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 Lakshmi Finance's price. Additionally, you may evaluate how the addition of Lakshmi Finance to your portfolios can decrease your overall portfolio volatility.