Tribhovandas Bhimji (India) Price on December 18, 2024

TBZ Stock   247.74  0.94  0.38%   
Below is the normalized historical share price chart for Tribhovandas Bhimji Zaveri extending back to May 09, 2012. 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 Tribhovandas Bhimji stands at 247.74, as last reported on the 25th of December, with the highest price reaching 252.59 and the lowest price hitting 244.10 during the day.
200 Day MA
184.667
50 Day MA
258.9896
Beta
1.061
 
Yuan Drop
 
Covid
If you're considering investing in Tribhovandas Stock, it is important to understand the factors that can impact its price. Tribhovandas Bhimji owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0388, which indicates the firm had a -0.0388% return per unit of risk over the last 3 months. Tribhovandas Bhimji Zaveri exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tribhovandas Bhimji's Variance of 13.35, coefficient of variation of (5,858), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
The current year's Other Stockholder Equity is expected to grow to about 1.7 B, whereas Total Stockholder Equity is forecasted to decline to about 4.8 B. . Tribhovandas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0388

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Estimated Market Risk

 3.6
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tribhovandas Bhimji 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 Tribhovandas Bhimji by adding Tribhovandas Bhimji to a well-diversified portfolio.
Price Book
2.6641
Enterprise Value Ebitda
14.4383
Price Sales
0.7112
Shares Float
13.2 M
Wall Street Target Price
120

Tribhovandas Bhimji Valuation on December 18, 2024

It is possible to determine the worth of Tribhovandas Bhimji on a given historical date. On December 18, 2024 Tribhovandas was worth 271.5 at the beginning of the trading date compared to the closed value of 265.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tribhovandas Bhimji stock. Still, in general, we apply an absolute valuation method to find Tribhovandas Bhimji'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 Tribhovandas Bhimji where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tribhovandas Bhimji's related companies.
 Open High Low Close Volume
  279.00    282.45    268.00    270.66    228,053  
12/18/2024
  271.50    275.00    264.17    265.72    157,841  
  256.00    265.38    256.00    259.88    168,969  
Backtest Tribhovandas Bhimji  |  Tribhovandas Bhimji History  |  Tribhovandas Bhimji Valuation   PreviousNext  
Open Value
271.5
260.69
Downside
265.72
Closing Value
282.31
Upside

Tribhovandas Bhimji Trading Date Momentum on December 18, 2024

On December 19 2024 Tribhovandas Bhimji Zaveri was traded for  259.88  at the closing time. The highest price during the trading period was 265.38  and the lowest recorded bid was listed for  256.00 . The volume for the day was 169 K. This history from December 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.20% . The trading price change to the current price is 6.67% .

Tribhovandas Bhimji Fundamentals Correlations and Trends

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

About Tribhovandas Bhimji Stock history

Tribhovandas Bhimji 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 Tribhovandas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tribhovandas Bhimji 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 Tribhovandas Bhimji stock prices may prove useful in developing a viable investing in Tribhovandas Bhimji
Last ReportedProjected for Next Year
Common Stock Shares Outstanding76.7 M70.7 M
Net Income Applicable To Common Shares462.2 M249.2 M

Tribhovandas Bhimji Quarterly Net Working Capital

5.11 Billion

Tribhovandas Bhimji Stock Technical Analysis

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

Tribhovandas Bhimji Period Price Range

Low
December 25, 2024
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High

 0.00 

     

 0.00 

Tribhovandas Bhimji Zaveri 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.

Tribhovandas Bhimji December 25, 2024 Market Strength

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

Tribhovandas Bhimji Technical and Predictive Indicators

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

Complementary Tools for Tribhovandas Stock analysis

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