ROUTE MOBILE (India) Price on December 17, 2024
ROUTE Stock | 1,428 3.95 0.28% |
Below is the normalized historical share price chart for ROUTE MOBILE LIMITED extending back to September 21, 2020. 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 ROUTE MOBILE stands at 1,428, as last reported on the 18th of December 2024, with the highest price reaching 1,451 and the lowest price hitting 1,425 during the day.
If you're considering investing in ROUTE Stock, it is important to understand the factors that can impact its price. ROUTE MOBILE LIMITED maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of standard deviation over the last 3 months. ROUTE MOBILE LIMITED exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ROUTE MOBILE's Coefficient Of Variation of (564.79), market risk adjusted performance of (1.89), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
At this time, ROUTE MOBILE's Total Stockholder Equity is very stable compared to the past year. As of the 18th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 36.5 B, while Common Stock Shares Outstanding is likely to drop about 60.1 M. . ROUTE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.6 K | 50 Day MA 1.5 K | Beta 0.294 |
ROUTE |
Sharpe Ratio = -0.123
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Estimated Market Risk
1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ROUTE MOBILE 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 ROUTE MOBILE by adding ROUTE MOBILE to a well-diversified portfolio.
Price Book 3.8197 | Enterprise Value Ebitda 13.3979 | Price Sales 2.1089 | Shares Float 16.7 M | Dividend Share 11 |
ROUTE MOBILE Valuation on December 17, 2024
It is possible to determine the worth of ROUTE MOBILE on a given historical date. On December 17, 2024 ROUTE was worth 1450.0 at the beginning of the trading date compared to the closed value of 1427.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ROUTE MOBILE stock. Still, in general, we apply an absolute valuation method to find ROUTE MOBILE'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 ROUTE MOBILE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ROUTE MOBILE's related companies.
Open | High | Low | Close | Volume | |
1,429 | 1,439 | 1,422 | 1,432 | 165,274 | |
12/17/2024 | 1,450 | 1,451 | 1,425 | 1,428 | 32,229 |
Backtest ROUTE MOBILE | | | ROUTE MOBILE History | | | ROUTE MOBILE Valuation | Previous |
ROUTE MOBILE Trading Date Momentum on December 17, 2024
On December 17 2024 ROUTE MOBILE LIMITED was traded for 1,428 at the closing time. The highest price during the trading period was 1,451 and the lowest recorded bid was listed for 1,425 . The volume for the day was 32.2 K. This history from December 17, 2024 did not cause price change. The trading delta at closing time to the current price is 1.57% . |
ROUTE MOBILE LIMITED Fundamentals Correlations and Trends
By evaluating ROUTE MOBILE'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 ROUTE MOBILE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ROUTE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ROUTE MOBILE Stock history
ROUTE MOBILE 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 ROUTE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ROUTE MOBILE 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 ROUTE MOBILE stock prices may prove useful in developing a viable investing in ROUTE MOBILE
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 62.8 M | 60.1 M | |
Net Income Applicable To Common Shares | 1.9 B | 960.4 M |
ROUTE MOBILE Quarterly Net Working Capital |
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ROUTE MOBILE Stock Technical Analysis
ROUTE MOBILE 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
ROUTE MOBILE Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
ROUTE MOBILE 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.
ROUTE MOBILE December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how ROUTE MOBILE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ROUTE MOBILE shares will generate the highest return on investment. By undertsting and applying ROUTE MOBILE stock market strength indicators, traders can identify ROUTE MOBILE LIMITED entry and exit signals to maximize returns
ROUTE MOBILE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ROUTE MOBILE's price direction in advance. Along with the technical and fundamental analysis of ROUTE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ROUTE 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 | (0.12) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (1.90) |
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Other Information on Investing in ROUTE Stock
ROUTE MOBILE financial ratios help investors to determine whether ROUTE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ROUTE with respect to the benefits of owning ROUTE MOBILE security.