MakeMyTrip Stock Performance

The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. Let's try to break down what MakeMyTrip's beta means in this case. the returns on MARKET and MakeMyTrip are completely uncorrelated. Although it is important to respect MakeMyTrip Limited price patterns, it is better to be realistic regarding the information on the equity's 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 analyzing MakeMyTrip Limited technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. MakeMyTrip Limited right now secures a risk of 0.0%. Please verify MakeMyTrip Limited coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if MakeMyTrip Limited will be following its current price movements.
MakeMyTrip Performance
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Over the last 90 days MakeMyTrip Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, MakeMyTrip is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Quick Ratio2.51
Fifty Two Week Low20.06
Target High Price44.00
Fifty Two Week High34.68
Target Low Price36.00

MakeMyTrip Relative Risk vs. Return Landscape

If you would invest  0.00  in MakeMyTrip Limited on September 1, 2022 and sell it today you would earn a total of  0.00  from holding MakeMyTrip Limited or generate 0.0% return on investment over 90 days. MakeMyTrip Limited is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than MakeMyTrip, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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MakeMyTrip Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for MakeMyTrip's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MakeMyTrip Limited, and traders can use it to determine the average amount a MakeMyTrip's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0

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Based on monthly moving average MakeMyTrip is performing at about 0% 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.

About MakeMyTrip Performance

To evaluate MakeMyTrip Limited Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when MakeMyTrip generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare MakeMyTrip Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand MakeMyTrip Limited market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents MakeMyTrip'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.
MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India. Makemytrip operates under Travel Services classification in the United States and is traded on NASDAQ Exchange. It employs 3338 people.

Things to note about MakeMyTrip Limited

Checking the ongoing alerts about MakeMyTrip for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MakeMyTrip Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

MakeMyTrip Alerts

Equity Alerts and Improvement Suggestions

MakeMyTrip Limited is not yet fully synchronised with the market data
MakeMyTrip Limited has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 413.82 M. Net Loss for the year was (31.23 M) with profit before overhead, payroll, taxes, and interest of 128.25 M.
About 70.0% of the company shares are owned by institutional investors
Additionally, see Correlation Analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Other Tools for MakeMyTrip Stock

When running MakeMyTrip Limited 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 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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