NMDC Stock Performance

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NMDC -- India Stock  

INR 81.20  4.10  4.81%

On a scale of 0 to 100 NMDC holds performance score of 4. The company secures a Beta (Market Risk) of -0.1762, which conveys that as returns on market increase, returns on owning NMDC are expected to decrease at a much smaller rate. During bear market, NMDC is likely to outperform the market. Although it is vital to follow to NMDC LTD price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating NMDC LTD technical indicators you can today evaluate if the expected return of 0.3442% will be sustainable into the future. Please exercises NMDC LTD Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to make a quick decision on weather NMDC LTD current price movements will revert.

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NMDC Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in NMDC LTD are ranked lower than 4 (%) of all global equities and portfolios over the last 30 days. Allthough quite weak forward indicators, NMDC disclosed solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low62.00
Target High Price163.00
Fifty Two Week High139.50
Payout Ratio36.08%
Trailing Annual Dividend Yield7.44%
Target Low Price86.00

NMDC Relative Risk vs. Return Landscape

If you would invest  7,365  in NMDC LTD on May 6, 2020 and sell it today you would earn a total of  755.00  from holding NMDC LTD or generate 10.25% return on investment over 30 days. NMDC LTD is generating 0.3442% of daily returns and assumes 5.6469% volatility on return distribution over the 30 days horizon. Simply put, 49% of equities are less volatile than NMDC and 94% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, NMDC is expected to generate 1.46 times more return on investment than the market. However, the company is 1.46 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk.

NMDC Market Risk Analysis

Sharpe Ratio = 0.061
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NMDC Stock Performance Indicators

Estimated Market Risk
 5.65
  actual daily
 
 49 %
of total potential
 
4949
Expected Return
 0.34
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
of total potential
 
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Based on monthly moving average NMDC is performing at about 4% 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 NMDC by adding it to a well-diversified portfolio.

About NMDC Performance

To evaluate NMDC LTD Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when NMDC is generating a 10% return over the last few months, but what if the market is generating 20% over the same period? In this case, it makes sense to compare NMDC's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand NMDC LTD stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents NMDC's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.
The company also explores for a range of minerals, such as copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as coal and gold. NMDC Limited was founded in 1958 and is headquartered in Hyderabad, India. NMDC operates under Steel classification in India and is traded on Bombay Stock Exchange. It employs 5887 people.

NMDC Alerts

Equity Alerts and Improvement Suggestions

NMDC LTD has very high historical volatility over the last 30 days
About 70.0% of the company outstanding shares are owned by corporate insiders

NMDC Dividends

NMDC LTD Dividends Analysis

Check NMDC LTD dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally, see Stocks Correlation. Please also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page