Sukhjit Starch (India) Price on September 2, 2024
| SUKHJITS | 268.68 5.19 1.97% |
If you're considering investing in Sukhjit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sukhjit Starch stands at 268.68, as last reported on the 2nd of December, with the highest price reaching 269.99 and the lowest price hitting 263.89 during the day. Currently, Sukhjit Starch Chemicals is very steady. Sukhjit Starch Chemicals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.045, which indicates the firm had a 0.045% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sukhjit Starch Chemicals, which you can use to evaluate the volatility of the company. Please validate Sukhjit Starch's Risk Adjusted Performance of 0.0405, coefficient of variation of 2280.94, and Semi Deviation of 2.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Sukhjit Starch's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 37.7 M in 2024, whereas Capital Stock is likely to drop slightly above 167.1 M in 2024. . Sukhjit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sukhjit |
Sharpe Ratio = 0.045
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| Cash | Small Risk | SUKHJITS | High Risk | Huge Risk |
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Sukhjit Starch is performing at about 3% 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 Sukhjit Starch by adding it to a well-diversified portfolio.
Price Book 1.5807 | Book Value 169.9 | Enterprise Value 11.1 B | Enterprise Value Ebitda 7.7595 | Price Sales 0.576 |
Sukhjit Starch Valuation on September 2, 2024
It is possible to determine the worth of Sukhjit Starch on a given historical date. On September 2, 2024 Sukhjit was worth 256.56 at the beginning of the trading date compared to the closed value of 255.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sukhjit Starch stock. Still, in general, we apply an absolute valuation method to find Sukhjit Starch'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 Sukhjit Starch where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sukhjit Starch's related companies.
| Open | High | Low | Close | Volume | |
| 258.68 | 266.65 | 255.15 | 256.55 | 21,438 | |
09/02/2024 | 256.56 | 259.18 | 254.80 | 255.63 | 7,266 |
| 256.33 | 256.95 | 255.00 | 255.15 | 3,233 |
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Sukhjit Starch Trading Date Momentum on September 2, 2024
| On September 03 2024 Sukhjit Starch Chemicals was traded for 255.15 at the closing time. The highest price during the trading period was 256.95 and the lowest recorded bid was listed for 255.00 . The volume for the day was 3.2 K. This history from September 3, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.19% . The trading price change to the current price is 15.40% . |
Sukhjit Starch Chemicals Fundamentals Correlations and Trends
By evaluating Sukhjit Starch'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 Sukhjit Starch's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sukhjit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sukhjit Starch Stock history
Sukhjit Starch 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 Sukhjit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sukhjit Starch Chemicals 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 Sukhjit Starch stock prices may prove useful in developing a viable investing in Sukhjit Starch
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 35.9 M | 37.7 M |
Sukhjit Starch Quarterly Net Working Capital |
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Sukhjit Starch Stock Technical Analysis
Sukhjit Starch 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
Sukhjit Starch Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Sukhjit Starch Chemicals 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.
Sukhjit Starch December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Sukhjit Starch stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sukhjit Starch shares will generate the highest return on investment. By undertsting and applying Sukhjit Starch stock market strength indicators, traders can identify Sukhjit Starch Chemicals entry and exit signals to maximize returns
Sukhjit Starch Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sukhjit Starch's price direction in advance. Along with the technical and fundamental analysis of Sukhjit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sukhjit 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 | 0.0405 | |||
| Jensen Alpha | 0.0547 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2832 |
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Additional Tools for Sukhjit Stock Analysis
When running Sukhjit Starch's price analysis, check to measure Sukhjit Starch'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 Sukhjit Starch is operating at the current time. Most of Sukhjit Starch's value examination focuses on studying past and present price action to predict the probability of Sukhjit Starch's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sukhjit Starch's price. Additionally, you may evaluate how the addition of Sukhjit Starch to your portfolios can decrease your overall portfolio volatility.