Makemytrip Limited Stock Price on November 1, 2022
| MMYT Stock | USD 65.54 0.34 0.52% |
Below is the normalized historical share price chart for MakeMyTrip Limited extending back to August 12, 2010. 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 MakeMyTrip stands at 65.54, as last reported on the 25th of April, with the highest price reaching 67.19 and the lowest price hitting 65.26 during the day.
If you're considering investing in MakeMyTrip Stock, it is important to understand the factors that can impact its price. MakeMyTrip appears to be very steady, given 3 months investment horizon. MakeMyTrip Limited has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MakeMyTrip, which you can use to evaluate the volatility of the firm. Please exercise MakeMyTrip's Mean Deviation of 2.08, downside deviation of 3.15, and Risk Adjusted Performance of 0.1077 to check out if our risk estimates are consistent with your expectations.
Other Stockholder Equity is likely to gain to about 2.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 68.4 M in 2024. . At this time, MakeMyTrip's Price Fair Value is comparatively stable compared to the past year. MakeMyTrip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of August 2010 | 200 Day MA 46.9538 | 50 Day MA 64.2142 | Beta 1.256 |
MakeMyTrip |
Sharpe Ratio = 0.1748
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Estimated Market Risk
| 2.82 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average MakeMyTrip is performing at about 13% 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 MakeMyTrip by adding it to a well-diversified portfolio.
Price Book 7.9913 | Enterprise Value Ebitda 95.965 | Price Sales 10.278 | Shares Float 54.1 M | Wall Street Target Price 65.44 |
MakeMyTrip Valuation on November 1, 2022
It is possible to determine the worth of MakeMyTrip on a given historical date. On November 1, 2022 MakeMyTrip was worth 30.06 at the beginning of the trading date compared to the closed value of 28.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MakeMyTrip stock. Still, in general, we apply an absolute valuation method to find MakeMyTrip'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 MakeMyTrip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MakeMyTrip's related companies.
| Open | High | Low | Close | Volume | |
| 28.02 | 28.26 | 27.44 | 27.83 | 150,700 | |
11/01/2022 | 30.06 | 32.07 | 28.36 | 28.55 | 428,600 |
| 28.50 | 29.13 | 27.21 | 27.23 | 289,600 |
| Backtest MakeMyTrip | | | MakeMyTrip History | | | MakeMyTrip Valuation | Previous | Next |
MakeMyTrip Trading Date Momentum on November 1, 2022
| On November 02 2022 MakeMyTrip Limited was traded for 27.23 at the closing time. The top price for the day was 29.13 and the lowest listed price was 27.21 . The trading volume for the day was 289.6 K. The trading history from November 2, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.62% . The trading delta at closing time against the current closing price is 2.28% . |
MakeMyTrip Limited Fundamentals Correlations and Trends
By evaluating MakeMyTrip'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 MakeMyTrip's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MakeMyTrip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MakeMyTrip Stock history
MakeMyTrip 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 MakeMyTrip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MakeMyTrip 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 MakeMyTrip stock prices may prove useful in developing a viable investing in MakeMyTrip
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 127.8 M | 68.4 M | |
| Net Loss | -10.2 M | -10.7 M |
MakeMyTrip Quarterly Net Working Capital |
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MakeMyTrip Stock Technical Analysis
MakeMyTrip 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
MakeMyTrip Period Price Range
Low | November 1, 2022
| High |
30.06 | 28.55 |
MakeMyTrip April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how MakeMyTrip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MakeMyTrip shares will generate the highest return on investment. By undertsting and applying MakeMyTrip stock market strength indicators, traders can identify MakeMyTrip Limited entry and exit signals to maximize returns
| Accumulation Distribution | 49582.35 | |||
| Daily Balance Of Power | (0.41) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 30.22 | |||
| Day Typical Price | 29.66 | |||
| Price Action Indicator | (2.42) | |||
| Period Momentum Indicator | 36.99 |
MakeMyTrip Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MakeMyTrip's price direction in advance. Along with the technical and fundamental analysis of MakeMyTrip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MakeMyTrip 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 | 0.1077 | |||
| Jensen Alpha | 0.3265 | |||
| Total Risk Alpha | 0.0894 | |||
| Sortino Ratio | 0.1147 | |||
| Treynor Ratio | 0.3028 |
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| Price Transform | ||
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for MakeMyTrip Stock analysis
When running MakeMyTrip's price analysis, check to measure MakeMyTrip'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 MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.
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Is MakeMyTrip's 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 MakeMyTrip. If investors know MakeMyTrip 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 MakeMyTrip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 257.252 | Earnings Share 0.46 | Revenue Per Share 6.582 | Quarterly Revenue Growth 0.256 | Return On Assets 0.0246 |
The market value of MakeMyTrip Limited is measured differently than its book value, which is the value of MakeMyTrip that is recorded on the company's balance sheet. Investors also form their own opinion of MakeMyTrip's value that differs from its market value or its book value, called intrinsic value, which is MakeMyTrip's 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 MakeMyTrip's market value can be influenced by many factors that don't directly affect MakeMyTrip's 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 MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip's 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.