Raj Rayon (India) Price on November 28, 2024

RAJRILTD   24.01  0.46  1.88%   
Below is the normalized historical share price chart for Raj Rayon Industries extending back to January 04, 2007. 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 Raj Rayon stands at 24.01, as last reported on the 12th of December 2024, with the highest price reaching 24.75 and the lowest price hitting 23.98 during the day.
200 Day MA
23.0914
50 Day MA
23.339
Beta
(1.72)
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Raj Stock, it is important to understand the factors that can impact its price. Raj Rayon Industries maintains Sharpe Ratio (i.e., Efficiency) of -0.0584, which implies the firm had a -0.0584% return per unit of risk over the last 3 months. Raj Rayon Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Raj Rayon's Coefficient Of Variation of (742.52), risk adjusted performance of (0.09), and Variance of 2.32 to confirm the risk estimate we provide.
  
At this time, Raj Rayon's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 846.4 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 3 B in 2024. . Raj Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0584

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Estimated Market Risk

 1.5
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Raj Rayon 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 Raj Rayon by adding Raj Rayon to a well-diversified portfolio.
Price Book
13.2962
Book Value
1.496
Enterprise Value
14.9 B
Enterprise Value Ebitda
63.3856
Price Sales
1.6707

Raj Rayon Valuation on November 28, 2024

It is possible to determine the worth of Raj Rayon on a given historical date. On November 28, 2024 Raj was worth 21.87 at the beginning of the trading date compared to the closed value of 21.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Raj Rayon stock. Still, in general, we apply an absolute valuation method to find Raj Rayon'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 Raj Rayon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Raj Rayon's related companies.
 Open High Low Close Volume
  22.32    22.32    21.45    21.45    18,607  
11/28/2024
  21.87    21.87    21.02    21.87    41,784  
  22.02    22.30    22.02    22.30    15,240  
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Open Value
21.87
21.87
Closing Value
26.36
Upside

Raj Rayon Trading Date Momentum on November 28, 2024

On November 29 2024 Raj Rayon Industries was traded for  22.30  at the closing time. The highest price during the trading period was 22.30  and the lowest recorded bid was listed for  22.02 . The volume for the day was 15.2 K. This history from November 29, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.97% . The trading delta at closing time to the current price is 11.66% .

Raj Rayon Industries Fundamentals Correlations and Trends

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

About Raj Rayon Stock history

Raj Rayon 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 Raj is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Raj Rayon Industries 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 Raj Rayon stock prices may prove useful in developing a viable investing in Raj Rayon
Last ReportedProjected for Next Year
Common Stock Shares Outstanding806.1 M846.4 M
Net Income Applicable To Common Shares7.4 B7.7 B

Raj Rayon Stock Technical Analysis

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

Raj Rayon Period Price Range

Low
December 12, 2024
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High

 0.00 

     

 0.00 

Raj Rayon Industries 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.

Raj Rayon December 12, 2024 Market Strength

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

Raj Rayon Technical and Predictive Indicators

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

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