NIIT (India) Price on October 10, 2024
| NIITLTD Stock | 221.62 2.75 1.23% |
Below is the normalized historical share price chart for NIIT Limited extending back to January 01, 2002. 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 NIIT stands at 221.62, as last reported on the 29th of November, with the highest price reaching 227.00 and the lowest price hitting 217.70 during the day.
If you're considering investing in NIIT Stock, it is important to understand the factors that can impact its price. NIIT appears to be very steady, given 3 months investment horizon. NIIT Limited has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of volatility over the last 3 months. By evaluating NIIT's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise NIIT's risk adjusted performance of 0.0896, and Mean Deviation of 2.9 to check out if our risk estimates are consistent with your expectations.
At present, NIIT's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 326.2 M, whereas Other Stockholder Equity is forecasted to decline to about 263.4 M. . NIIT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 132.8198 | 50 Day MA 174.7672 | Beta 0.189 |
NIIT |
Sharpe Ratio = 0.1312
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| Small Returns | NIITLTD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average NIIT is performing at about 10% 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 NIIT by adding it to a well-diversified portfolio.
Price Book 2.8998 | Enterprise Value Ebitda 29.1842 | Price Sales 9.0011 | Shares Float 65.8 M | Dividend Share 0.75 |
NIIT Valuation on October 10, 2024
It is possible to determine the worth of NIIT on a given historical date. On October 10, 2024 NIIT was worth 162.79 at the beginning of the trading date compared to the closed value of 170.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIIT stock. Still, in general, we apply an absolute valuation method to find NIIT'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 NIIT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIIT's related companies.
| Open | High | Low | Close | Volume | |
| 162.78 | 166.50 | 160.00 | 160.86 | 726,759 | |
10/10/2024 | 162.79 | 177.75 | 162.02 | 170.22 | 4,561,732 |
| 170.70 | 171.75 | 166.00 | 167.62 | 1,300,266 |
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NIIT Trading Date Momentum on October 10, 2024
| On October 11 2024 NIIT Limited was traded for 167.62 at the closing time. The highest price during the trading period was 171.75 and the lowest recorded bid was listed for 166.00 . The volume for the day was 1.3 M. This history from October 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.53% . The trading delta at closing time to the current price is 0.37% . |
NIIT Limited Fundamentals Correlations and Trends
By evaluating NIIT'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 NIIT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NIIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NIIT Stock history
NIIT 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 NIIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NIIT 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 NIIT stock prices may prove useful in developing a viable investing in NIIT
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 136.5 M | 160.7 M | |
| Net Income Applicable To Common Shares | 36.5 M | 34.7 M |
NIIT Quarterly Net Working Capital |
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NIIT Stock Technical Analysis
NIIT 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
NIIT Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
NIIT 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.
NIIT November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how NIIT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIIT shares will generate the highest return on investment. By undertsting and applying NIIT stock market strength indicators, traders can identify NIIT Limited entry and exit signals to maximize returns
NIIT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIIT's price direction in advance. Along with the technical and fundamental analysis of NIIT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIIT 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 | 0.0896 | |||
| Jensen Alpha | 0.1704 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.108 | |||
| Treynor Ratio | 0.191 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NIIT Stock analysis
When running NIIT's price analysis, check to measure NIIT'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 NIIT is operating at the current time. Most of NIIT's value examination focuses on studying past and present price action to predict the probability of NIIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIIT's price. Additionally, you may evaluate how the addition of NIIT to your portfolios can decrease your overall portfolio volatility.
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