Tamilnad Mercantile (India) Price History

TMB Stock   473.35  1.05  0.22%   
If you're considering investing in Tamilnad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tamilnad Mercantile stands at 473.35, as last reported on the 1st of December, with the highest price reaching 479.00 and the lowest price hitting 464.85 during the day. At this point, Tamilnad Mercantile is very steady. Tamilnad Mercantile Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0473, which indicates the firm had a 0.0473% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tamilnad Mercantile Bank, which you can use to evaluate the volatility of the company. Please validate Tamilnad Mercantile's Semi Deviation of 1.23, coefficient of variation of 2412.75, and Risk Adjusted Performance of 0.0364 to confirm if the risk estimate we provide is consistent with the expected return of 0.0694%.
  
At present, Tamilnad Mercantile's Capital Stock is projected to increase significantly based on the last few years of reporting. . Tamilnad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0473

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Tamilnad Mercantile 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 Tamilnad Mercantile by adding it to a well-diversified portfolio.
Price Book
0.8891
Book Value
532.486
Enterprise Value
62.5 B
Price Sales
2.6096
Shares Float
108.2 M

Tamilnad Mercantile Stock Price History Chart

There are several ways to analyze Tamilnad Stock price data. The simplest method is using a basic Tamilnad candlestick price chart, which shows Tamilnad Mercantile price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 17, 2024484.53
Lowest PriceOctober 25, 2024424.55

Tamilnad Mercantile December 1, 2024 Stock Price Synopsis

Various analyses of Tamilnad Mercantile's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tamilnad Stock. It can be used to describe the percentage change in the price of Tamilnad Mercantile from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tamilnad Stock.
Tamilnad Mercantile Price Rate Of Daily Change 1.00 
Tamilnad Mercantile Price Daily Balance Of Power 0.07 
Tamilnad Mercantile Price Action Indicator 1.95 

Tamilnad Mercantile December 1, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Tamilnad Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Tamilnad Mercantile intraday prices and daily technical indicators to check the level of noise trading in Tamilnad Stock and then apply it to test your longer-term investment strategies against Tamilnad.

Tamilnad Stock Price History Data

The price series of Tamilnad Mercantile for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 59.98 with a coefficient of variation of 3.4. The price distribution for the period has arithmetic mean of 454.28. The median price for the last 90 days is 450.9. The company had dividends distributed to its stock-holders on 2024-09-20.
OpenHighLowCloseVolume
12/01/2024
 479.00  479.00  464.85  473.35 
11/29/2024 479.00  479.00  464.85  473.35  118,731 
11/28/2024 457.60  477.05  455.35  472.30  292,303 
11/27/2024 448.30  461.60  446.75  459.45  229,978 
11/26/2024 447.90  450.55  442.55  448.85  70,917 
11/25/2024 444.40  450.05  441.15  443.45  185,829 
11/22/2024 446.70  449.60  441.85  443.65  79,211 
11/21/2024 447.30  447.85  440.05  444.95  96,148 
11/20/2024 447.30  447.30  447.30  447.30  1.00 
11/19/2024 439.10  449.50  439.10  447.30  135,234 
11/18/2024 441.45  444.95  435.00  438.85  81,418 
11/14/2024 435.00  441.00  435.00  439.30  97,762 
11/13/2024 440.00  441.40  433.45  435.05  81,673 
11/12/2024 444.00  447.80  438.00  440.15  54,942 
11/11/2024 441.00  444.00  438.15  442.05  103,559 
11/08/2024 444.50  446.35  439.10  440.25  59,659 
11/07/2024 444.05  450.90  440.90  443.45  133,683 
11/06/2024 447.00  447.00  436.00  439.75  154,061 
11/05/2024 443.00  444.80  438.95  443.20  56,674 
11/04/2024 451.00  451.50  441.15  442.80  115,756 
11/01/2024 450.20  450.20  450.20  450.20  57,567 
10/31/2024 445.00  457.95  443.80  450.20  183,037 
10/30/2024 444.20  447.80  443.00  443.95  57,798 
10/29/2024 439.50  453.00  439.50  444.20  189,557 
10/28/2024 424.70  443.00  424.00  431.65  121,523 
10/25/2024 428.50  433.95  418.10  424.55  164,404 
10/24/2024 430.10  433.65  427.00  427.85  57,220 
10/23/2024 433.90  434.70  427.20  429.40  75,433 
10/22/2024 438.90  439.85  431.40  431.80  98,197 
10/21/2024 443.00  445.85  436.00  437.50  87,895 
10/18/2024 442.20  443.70  439.00  442.10  60,692 
10/17/2024 445.00  445.00  439.85  441.35  91,867 
10/16/2024 450.00  451.60  438.45  441.80  213,667 
10/15/2024 452.40  456.00  448.05  448.65  45,028 
10/14/2024 453.95  455.00  450.05  452.30  59,021 
10/11/2024 453.00  455.45  450.50  451.95  60,911 
10/10/2024 450.90  453.75  449.85  452.70  49,249 
10/09/2024 450.10  456.75  446.45  448.60  83,291 
10/08/2024 444.00  455.00  440.55  448.50  168,845 
10/07/2024 457.00  459.00  442.50  444.95  161,008 
10/04/2024 464.00  464.00  455.25  456.80  84,442 
10/03/2024 470.90  471.80  459.95  461.00  113,393 
10/01/2024 471.00  472.60  464.00  470.90  138,492 
09/30/2024 457.00  474.10  450.90  470.70  430,820 
09/27/2024 478.00  479.70  446.00  450.90  669,348 
09/26/2024 479.80  480.60  475.00  477.20  68,171 
09/25/2024 482.75  482.75  475.00  478.25  103,889 
09/24/2024 480.90  486.95  478.85  480.35  72,714 
09/23/2024 484.00  485.95  478.30  480.90  126,715 
09/20/2024 479.80  489.40  477.55  480.85  136,866 
09/19/2024 488.79  488.79  474.10  478.85  206,298 
09/18/2024 484.38  487.66  476.35  482.13  224,076 
09/17/2024 470.18  486.44  469.25  484.53  470,318 
09/16/2024 473.85  473.85  467.44  469.25  85,428 
09/13/2024 468.22  469.99  464.40  467.44  73,751 
09/12/2024 473.91  473.91  462.89  464.65  93,759 
09/11/2024 476.50  477.83  467.25  469.01  89,911 
09/10/2024 472.09  475.47  468.51  474.88  224,107 
09/09/2024 479.00  479.00  464.60  467.88  225,177 
09/06/2024 464.26  477.73  462.74  472.73  366,098 
09/05/2024 460.34  467.10  457.50  462.69  116,511 

About Tamilnad Mercantile Stock history

Tamilnad Mercantile 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 Tamilnad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tamilnad Mercantile Bank 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 Tamilnad Mercantile stock prices may prove useful in developing a viable investing in Tamilnad Mercantile
Last ReportedProjected for Next Year
Common Stock Shares Outstanding158.4 M159.7 M

Tamilnad Mercantile Stock Technical Analysis

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

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Tamilnad Mercantile Technical and Predictive Indicators

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

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