Raj Rayon (India) Price on December 3, 2024
| RAJRILTD | 22.91 0.17 0.75% |
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 22.91, as last reported on the 4th of December, with the highest price reaching 23.00 and the lowest price hitting 22.32 during the day.
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 -0.2, which implies the firm had a -0.2% 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 Risk Adjusted Performance of (0.07), variance of 2.42, and Coefficient Of Variation of (966.12) 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.
200 Day MA 23.162 | 50 Day MA 23.4596 | Beta (1.72) |
Raj |
Sharpe Ratio = -0.1972
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RAJRILTD |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 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 12.5929 | Book Value 1.496 | Enterprise Value 14.1 B | Enterprise Value Ebitda 59.8573 | Price Sales 1.6449 |
Raj Rayon Valuation on December 3, 2024
It is possible to determine the worth of Raj Rayon on a given historical date. On December 3, 2024 Raj was worth 22.81 at the beginning of the trading date compared to the closed value of 22.91. 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 | |
| 22.74 | 22.74 | 22.74 | 22.74 | 29,340 | |
12/03/2024 | 22.81 | 23.00 | 22.32 | 22.91 | 18,734 |
| 22.81 | 23.00 | 22.32 | 22.91 | 0.00 |
| Backtest Raj Rayon | | | Raj Rayon History | | | Raj Rayon Valuation | Previous | Next |
Raj Rayon Trading Date Momentum on December 3, 2024
| On December 04 2024 Raj Rayon Industries was traded for 22.91 at the closing time. The highest price during the trading period was 23.00 and the lowest recorded bid was listed for 22.32 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not cause price change. The trading delta at closing time to the current price is 0.44% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 806.1 M | 846.4 M | |
| Net Income Applicable To Common Shares | 7.4 B | 7.7 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.
Price Boundaries
Raj Rayon Period Price Range
Low | December 4, 2024
| 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 4, 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.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (10.17) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.