Dr Reddys Laboratories Stock Price History
RDY Stock | USD 75.49 0.25 0.33% |
If you're considering investing in RDY Stock, it is important to understand the factors that can impact its stock price. As of today, the current price of Dr Reddys stands at 75.49, as last reported on the 18th of March 2024, with the highest price reaching 75.79 and the lowest price hitting 75.34 during the day. We consider Dr Reddys very steady. Dr Reddys Laboratories retains Efficiency (Sharpe Ratio) of 0.14, which denotes the company had 0.14% return per unit of price deviation over the last 3 months. Our viewpoint regarding predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Dr Reddys, which you can use to evaluate the future volatility of the firm. Please confirm Dr Reddys' Market Risk Adjusted Performance of (2.04), downside deviation of 1.16, and Standard Deviation of 1.24 to check if the risk estimate we provide is consistent with the expected return of 0.17%.
RDY Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
RDY |
Sharpe Ratio = 0.1392
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Estimated Market Risk
1.24 actual daily | 10 90% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Dr Reddys is performing at about 10% 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 Dr Reddys by adding it to a well-diversified portfolio.
Dr Reddys Stock Price History Chart
There are several ways to analyze RDY Stock price data. The simplest method is using a basic RDY candlestick price chart, which shows Dr Reddys 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 Price | February 23, 2024 | 77.59 |
Lowest Price | December 20, 2023 | 66.37 |
Dr Reddys March 18, 2024 Stock Price Synopsis
Various analyses of Dr Reddys stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell RDY Stock. It can be used to describe the percentage change in the price of Dr Reddys from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of RDY Stock.Dr Reddys Accumulation Distribution | 1,454 | |
Dr Reddys Price Daily Balance Of Power | 0.56 | |
Dr Reddys Price Action Indicator | 0.05 | |
Dr Reddys Price Rate Of Daily Change | 1.00 |
Dr Reddys March 18, 2024 Stock Price Analysis
RDY Stock Price History Data
The price series of Dr Reddys for the period between Tue, Dec 19, 2023 and Mon, Mar 18, 2024 has a statistical range of 11.22 with a coefficient of variation of 4.83. The price distribution for the period has arithmetic mean of 72.39. The median price for the last 90 days is 72.85. The company completed stock split (2:1) on 7th of September 2006. Dr Reddys Laboratories had dividends distributed to its stock-holders on 2023-07-07.Open | High | Low | Close | Volume | ||
03/18/2024 | 75.65 | 75.79 | 75.34 | 75.49 | 244,969 | |
03/15/2024 | 75.51 | 75.96 | 75.22 | 75.24 | 200,337 | |
03/14/2024 | 75.30 | 75.49 | 74.90 | 75.45 | 139,813 | |
03/13/2024 | 76.23 | 76.38 | 74.90 | 75.27 | 160,919 | |
03/12/2024 | 76.73 | 76.73 | 76.23 | 76.32 | 136,752 | |
03/11/2024 | 76.82 | 77.29 | 76.76 | 77.26 | 118,670 | |
03/08/2024 | 76.35 | 76.87 | 76.18 | 76.58 | 125,706 | |
03/07/2024 | 76.01 | 76.66 | 76.01 | 76.35 | 134,155 | |
03/06/2024 | 75.87 | 76.29 | 75.39 | 75.62 | 183,813 | |
03/05/2024 | 76.46 | 76.46 | 75.61 | 75.81 | 286,166 | |
03/04/2024 | 75.77 | 76.27 | 75.63 | 76.06 | 120,908 | |
03/01/2024 | 74.66 | 75.15 | 74.01 | 74.82 | 165,045 | |
02/29/2024 | 77.07 | 77.14 | 76.61 | 76.78 | 189,491 | |
02/28/2024 | 76.69 | 77.19 | 76.64 | 77.09 | 122,223 | |
02/27/2024 | 77.08 | 77.50 | 76.82 | 76.83 | 168,037 | |
02/26/2024 | 77.47 | 77.59 | 76.97 | 77.09 | 101,252 | |
02/23/2024 | 77.00 | 77.72 | 77.00 | 77.59 | 128,211 | |
02/22/2024 | 75.90 | 76.96 | 75.85 | 76.81 | 177,449 | |
02/21/2024 | 76.20 | 76.20 | 75.30 | 75.65 | 234,282 | |
02/20/2024 | 75.75 | 76.64 | 75.65 | 76.04 | 346,683 | |
02/16/2024 | 75.40 | 75.99 | 75.17 | 75.46 | 160,682 | |
02/15/2024 | 75.54 | 75.73 | 74.56 | 75.01 | 214,724 | |
02/14/2024 | 74.76 | 75.60 | 74.76 | 75.54 | 178,897 | |
02/13/2024 | 75.29 | 75.49 | 74.27 | 74.76 | 323,889 | |
02/12/2024 | 75.40 | 75.86 | 75.13 | 75.51 | 221,396 | |
02/09/2024 | 73.27 | 74.15 | 73.27 | 74.13 | 150,721 | |
02/08/2024 | 73.19 | 73.55 | 72.92 | 73.27 | 213,409 | |
02/07/2024 | 73.50 | 73.92 | 73.36 | 73.40 | 218,506 | |
02/06/2024 | 73.77 | 73.79 | 72.91 | 73.20 | 377,740 | |
02/05/2024 | 72.73 | 73.28 | 72.60 | 72.85 | 233,215 | |
02/02/2024 | 72.42 | 72.42 | 71.46 | 72.19 | 239,850 | |
02/01/2024 | 71.60 | 72.64 | 71.36 | 72.38 | 166,394 | |
01/31/2024 | 72.97 | 73.60 | 71.66 | 71.95 | 453,903 | |
01/30/2024 | 70.10 | 71.00 | 69.23 | 69.39 | 311,048 | |
01/29/2024 | 70.73 | 70.73 | 69.56 | 70.04 | 213,903 | |
01/26/2024 | 69.73 | 69.73 | 69.44 | 69.54 | 156,170 | |
01/25/2024 | 69.77 | 70.00 | 69.18 | 69.47 | 188,747 | |
01/24/2024 | 71.00 | 72.16 | 70.28 | 70.34 | 309,342 | |
01/23/2024 | 67.60 | 68.22 | 67.60 | 68.21 | 181,856 | |
01/22/2024 | 67.80 | 67.99 | 67.35 | 67.36 | 100,310 | |
01/19/2024 | 68.19 | 68.19 | 67.69 | 67.89 | 99,924 | |
01/18/2024 | 67.85 | 68.17 | 67.71 | 68.15 | 125,936 | |
01/17/2024 | 68.25 | 68.25 | 67.19 | 67.37 | 175,945 | |
01/16/2024 | 69.33 | 69.48 | 68.80 | 68.93 | 108,170 | |
01/12/2024 | 68.24 | 69.64 | 67.80 | 69.38 | 379,804 | |
01/11/2024 | 68.42 | 68.60 | 68.05 | 68.14 | 188,278 | |
01/10/2024 | 69.54 | 70.00 | 69.29 | 69.83 | 112,423 | |
01/09/2024 | 69.66 | 69.66 | 69.13 | 69.38 | 141,206 | |
01/08/2024 | 70.10 | 70.10 | 69.31 | 69.86 | 182,764 | |
01/05/2024 | 70.31 | 70.85 | 70.27 | 70.53 | 159,246 | |
01/04/2024 | 70.44 | 70.99 | 70.22 | 70.22 | 147,490 | |
01/03/2024 | 70.70 | 71.06 | 70.45 | 70.51 | 156,663 | |
01/02/2024 | 70.17 | 71.13 | 70.10 | 70.83 | 165,308 | |
12/29/2023 | 69.53 | 69.81 | 69.22 | 69.58 | 78,670 | |
12/28/2023 | 69.70 | 69.99 | 69.51 | 69.76 | 185,278 | |
12/27/2023 | 67.89 | 68.19 | 67.79 | 68.17 | 271,889 | |
12/26/2023 | 67.41 | 67.53 | 67.05 | 67.28 | 147,700 | |
12/22/2023 | 67.61 | 67.83 | 67.11 | 67.33 | 241,697 | |
12/21/2023 | 66.77 | 67.15 | 66.58 | 66.81 | 239,904 | |
12/20/2023 | 67.75 | 67.75 | 66.32 | 66.37 | 215,000 | |
12/19/2023 | 67.49 | 68.41 | 67.49 | 68.18 | 178,080 |
About Dr Reddys Stock history
Dr Reddys 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 RDY is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Dr Reddys Laboratories 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 Dr Reddys stock prices may prove useful in developing a viable investing in Dr Reddys
Reddys Laboratories Limited, together with its subsidiaries, operates as an integrated pharmaceutical company worldwide. Reddys Laboratories Limited was incorporated in 1984 and is headquartered in Hyderabad, India. Dr Reddys operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on New York Stock Exchange. It employs 24795 people.
Dr Reddys Stock Technical Analysis
Dr Reddys 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.
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Dr Reddys Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for RDY stock's direction in advance. Along with the technical and fundamental analysis of RDY Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of RDY 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 stock 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 | 0.0929 | |||
Jensen Alpha | 0.1724 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.0243 | |||
Treynor Ratio | (2.05) |
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Overlap Studies | ||
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Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dr Reddys Laboratories. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Dr Reddys Laboratories information on this page should be used as a complementary analysis to other Dr Reddys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Dr Reddys' price analysis, check to measure Dr Reddys' 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 Dr Reddys is operating at the current time. Most of Dr Reddys' value examination focuses on studying past and present price action to predict the probability of Dr Reddys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dr Reddys' price. Additionally, you may evaluate how the addition of Dr Reddys to your portfolios can decrease your overall portfolio volatility.
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Is Dr Reddys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dr Reddys. If investors know RDY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dr Reddys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Dr Reddys Laboratories is measured differently than its book value, which is the value of RDY that is recorded on the company's balance sheet. Investors also form their own opinion of Dr Reddys' value that differs from its market value or its book value, called intrinsic value, which is Dr Reddys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dr Reddys' market value can be influenced by many factors that don't directly affect Dr Reddys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dr Reddys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dr Reddys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dr Reddys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.