Zomato (India) Price on November 18, 2024

ZOMATO Stock   288.25  3.35  1.18%   
If you're considering investing in Zomato Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zomato stands at 288.25, as last reported on the 14th of December 2024, with the highest price reaching 288.95 and the lowest price hitting 278.20 during the day. At this point, Zomato is very steady. Zomato Limited shows Sharpe Ratio of 0.037, which attests that the company had a 0.037% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zomato Limited, which you can use to evaluate the volatility of the company. Please check out Zomato's Market Risk Adjusted Performance of 0.1312, downside deviation of 2.28, and Mean Deviation of 1.91 to validate if the risk estimate we provide is consistent with the expected return of 0.0852%.
  
The current year's Common Stock is expected to grow to about 9.1 B, whereas Total Stockholder Equity is forecasted to decline to about 108.4 B. . Zomato Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.037

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Estimated Market Risk

 2.31
  actual daily
20
80% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
2
98% of assets perform better
Based on monthly moving average Zomato is performing at about 2% 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 Zomato by adding it to a well-diversified portfolio.
Price Book
12.7529
Enterprise Value Ebitda
186.2553
Price Sales
17.6887
Shares Float
5.5 B
Wall Street Target Price
300.6538

Zomato Valuation on November 18, 2024

It is possible to determine the worth of Zomato on a given historical date. On November 18, 2024 Zomato was worth 274.3 at the beginning of the trading date compared to the closed value of 270.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zomato stock. Still, in general, we apply an absolute valuation method to find Zomato'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 Zomato where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zomato's related companies.
 Open High Low Close Volume
  261.50    271.00    260.70    269.66    84,962,425  
11/18/2024
  274.30    274.40    269.36    270.79    59,797,883  
  271.94    272.70    267.66    271.36    42,986,244  
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Open Value
274.3
267.38
Downside
270.79
Closing Value
281.22
Upside

Zomato Trading Date Momentum on November 18, 2024

On November 19 2024 Zomato Limited was traded for  271.36  at the closing time. The highest price during the trading period was 272.70  and the lowest recorded bid was listed for  267.66 . The volume for the day was 43 M. This history from November 19, 2024 contributed to the next trading day price jump. The trading date delta to the next closing price was 0.21% . The trading date delta to the current price is 5.47% .

Zomato Limited Fundamentals Correlations and Trends

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

About Zomato Stock history

Zomato 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 Zomato is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zomato 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 Zomato stock prices may prove useful in developing a viable investing in Zomato
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.8 B6.6 B
Net Loss-10.9 B-11.4 B

Zomato Quarterly Net Working Capital

27.05 Billion

Zomato Stock Technical Analysis

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

Zomato Period Price Range

Low
December 14, 2024
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High

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Zomato 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.

Zomato December 14, 2024 Market Strength

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

Zomato Technical and Predictive Indicators

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

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