Life Insurance (India) Price on September 3, 2024

LICI Stock   938.60  22.30  2.43%   
If you're considering investing in Life Stock, it is important to understand the factors that can impact its price. As of today, the current price of Life Insurance stands at 938.60, as last reported on the 29th of November, with the highest price reaching 952.50 and the lowest price hitting 917.25 during the day. Life Insurance has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Life Insurance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Life Insurance's Risk Adjusted Performance of (0.11), standard deviation of 1.37, and Mean Deviation of 1.06 to check out the risk estimate we provide.
  
At this time, Life Insurance's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 7.6 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 5.1 B in 2024. . Life Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1313

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsLICI

Estimated Market Risk

 1.4
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Life Insurance 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 Life Insurance by adding Life Insurance to a well-diversified portfolio.
Price Book
5.9359
Book Value
130.825
Enterprise Value
5.5 T
Price Sales
0.6867
Shares Float
221.4 M

Life Insurance Valuation on September 3, 2024

It is possible to determine the worth of Life Insurance on a given historical date. On September 3, 2024 Life was worth 1064.0 at the beginning of the trading date compared to the closed value of 1062.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Life Insurance stock. Still, in general, we apply an absolute valuation method to find Life Insurance'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 Life Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Life Insurance's related companies.
 Open High Low Close Volume
  1,066    1,070    1,056    1,059    856,534  
09/03/2024
  1,064    1,069    1,054    1,062    856,292  
  1,055    1,070    1,051    1,065    976,990  
Backtest Life Insurance  |  Life Insurance History  |  Life Insurance Valuation   PreviousNext  
Open Value
1064.0
1062.3
Closing Value
1,068
Upside

Life Insurance Trading Date Momentum on September 3, 2024

On September 04 2024 Life Insurance was traded for  1,065  at the closing time. The highest price during the trading period was 1,070  and the lowest recorded bid was listed for  1,051 . The volume for the day was 977 K. This history from September 4, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.23% . The trading delta at closing time to the current price is 2.57% .

Life Insurance Fundamentals Correlations and Trends

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

About Life Insurance Stock history

Life Insurance 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 Life is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Life Insurance 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 Life Insurance stock prices may prove useful in developing a viable investing in Life Insurance
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.7 B5.1 B
Net Income Applicable To Common Shares116.8 B122.7 B

Life Insurance Stock Technical Analysis

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

Life Insurance Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Life Insurance 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.

Life Insurance November 29, 2024 Market Strength

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

Life Insurance Technical and Predictive Indicators

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

Additional Tools for Life Stock Analysis

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