Varun Beverages (India) Price on September 30, 2024
| VBL Stock | 612.55 15.45 2.46% |
Below is the normalized historical share price chart for Varun Beverages Limited extending back to November 08, 2016. 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 Varun Beverages stands at 612.55, as last reported on the 21st of December, with the highest price reaching 633.00 and the lowest price hitting 609.15 during the day.
If you're considering investing in Varun Stock, it is important to understand the factors that can impact its price. Varun Beverages owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0316, which indicates the firm had a -0.0316% return per unit of risk over the last 3 months. Varun Beverages Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Varun Beverages' Variance of 5.54, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,265) to confirm the risk estimate we provide.
At present, Varun Beverages' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 6.8 B, whereas Liabilities And Stockholders Equity is forecasted to decline to about 80.6 B. . Varun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 608.2687 | 50 Day MA 612.627 | Beta 0.626 |
Varun |
Sharpe Ratio = -0.0316
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| Negative Returns | VBL |
Estimated Market Risk
| 2.41 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Varun Beverages 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 Varun Beverages by adding Varun Beverages to a well-diversified portfolio.
Price Book 24.1478 | Enterprise Value Ebitda 45.8804 | Price Sales 11.1847 | Shares Float 1.2 B | Dividend Share 1 |
Varun Beverages Valuation on September 30, 2024
It is possible to determine the worth of Varun Beverages on a given historical date. On September 30, 2024 Varun was worth 624.0 at the beginning of the trading date compared to the closed value of 606.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Varun Beverages stock. Still, in general, we apply an absolute valuation method to find Varun Beverages' 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 Varun Beverages where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Varun Beverages' related companies.
| Open | High | Low | Close | Volume | |
| 623.00 | 625.90 | 606.00 | 608.55 | 6,225,613 | |
09/30/2024 | 624.00 | 624.00 | 602.25 | 606.30 | 6,710,403 |
| 608.00 | 618.00 | 605.50 | 612.25 | 5,047,961 |
| Backtest Varun Beverages | | | Varun Beverages History | | | Varun Beverages Valuation | Previous | Next |
Varun Beverages Trading Date Momentum on September 30, 2024
| On October 01 2024 Varun Beverages Limited was traded for 612.25 at the closing time. The highest price during the trading period was 618.00 and the lowest recorded bid was listed for 605.50 . The volume for the day was 5 M. This history from October 1, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.98% . The trading price change to the current price is 1.21% . |
Varun Beverages Fundamentals Correlations and Trends
By evaluating Varun Beverages' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Varun Beverages' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Varun financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Varun Beverages Stock history
Varun Beverages 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 Varun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Varun Beverages 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 Varun Beverages stock prices may prove useful in developing a viable investing in Varun Beverages
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.2 B | 3.4 B | |
| Net Income Applicable To Common Shares | 17.2 B | 18.1 B |
Varun Beverages Stock Technical Analysis
Varun Beverages 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
Varun Beverages Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Varun Beverages 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.
Varun Beverages December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Varun Beverages stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Varun Beverages shares will generate the highest return on investment. By undertsting and applying Varun Beverages stock market strength indicators, traders can identify Varun Beverages Limited entry and exit signals to maximize returns
Varun Beverages Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Varun Beverages' price direction in advance. Along with the technical and fundamental analysis of Varun Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Varun 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 | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.82) |
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Complementary Tools for Varun Stock analysis
When running Varun Beverages' price analysis, check to measure Varun Beverages' 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 Varun Beverages is operating at the current time. Most of Varun Beverages' value examination focuses on studying past and present price action to predict the probability of Varun Beverages' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varun Beverages' price. Additionally, you may evaluate how the addition of Varun Beverages to your portfolios can decrease your overall portfolio volatility.
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