AHMEDABAD STEELCRAFT (India) Today

AHMDSTE -  India Stock  

INR 17.70  0.20  1.14%

AHMEDABAD STEELCRAFT is trading at 17.70 as of the 21st of September 2021, a 1.14 percent up since the beginning of the trading day. The stock's lowest day price was 17.5. AHMEDABAD STEELCRAFT has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for AHMEDABAD STEELCRAFT LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of October 2019 and ending today, the 21st of September 2021. Click here to learn more.
 Market Performance
3 of 100
  Odds Of Distress
Less than 1
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

AHMEDABAD STEELCRAFT Stock Profile

Ahmedabad Steelcraft Limited trades in steel windows, door, and ventilator sections in India. Ahmedabad Steelcraft Limited was incorporated in 1972 and is based in Ahmedabad, India. Ahmedabad Steelcraft operates under Steel classification in India and is traded on Bombay Stock Exchange. more on AHMEDABAD STEELCRAFT
AHMEDABAD STEELCRAFT has very high historical volatility over the last 90 days
AHMEDABAD STEELCRAFT is unlikely to experience financial distress in the next 2 years
AHMEDABAD STEELCRAFT LTD has accumulated about 23.84 M in cash with (6.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.83.
Legal NameAHMEDABAD STEELCRAFT LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of AHMEDABAD STEELCRAFT's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
AHMEDABAD STEELCRAFT LTD (AHMDSTE) is traded on Bombay Stock Exchange in India and employs 2 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 70.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AHMEDABAD STEELCRAFT's market, we take the total number of its shares issued and multiply it by AHMEDABAD STEELCRAFT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. AHMEDABAD STEELCRAFT LTD operates under Basic Materials sector and is part of Steel industry. The entity has 4.09 M outstanding shares. AHMEDABAD STEELCRAFT LTD has accumulated about 23.84 M in cash with (6.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.83.
Check AHMEDABAD STEELCRAFT Probability Of Bankruptcy

AHMEDABAD Stock Price Odds Analysis

What are AHMEDABAD STEELCRAFT's target price odds to finish over the current price? Based on a normal probability distribution, the odds of AHMEDABAD STEELCRAFT jumping above the current price in 90 days from now is about 29.23%. The AHMEDABAD STEELCRAFT LTD probability density function shows the probability of AHMEDABAD STEELCRAFT stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AHMEDABAD STEELCRAFT LTD has a beta of -0.3718. This suggests as returns on benchmark increase, returns on holding AHMEDABAD STEELCRAFT are expected to decrease at a much lower rate. During the bear market, however, AHMEDABAD STEELCRAFT LTD is likely to outperform the market. Additionally, the company has an alpha of 0.3343, implying that it can generate a 0.33 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 17.7HorizonTargetOdds Up 17.7 
70.63%90 days
 17.70 
29.23%
Based on a normal probability distribution, the odds of AHMEDABAD STEELCRAFT to move above the current price in 90 days from now is about 29.23 (This AHMEDABAD STEELCRAFT LTD probability density function shows the probability of AHMEDABAD Stock to fall within a particular range of prices over 90 days) .

AHMEDABAD STEELCRAFT LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AHMEDABAD STEELCRAFT market risk premium is the additional return an investor will receive from holding AHMEDABAD STEELCRAFT long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AHMEDABAD STEELCRAFT. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AHMEDABAD STEELCRAFT's alpha and beta are two of the key measurements used to evaluate AHMEDABAD STEELCRAFT's performance over the market, the standard measures of volatility play an important role as well.

AHMEDABAD Stock Against Markets

Picking the right benchmark for AHMEDABAD STEELCRAFT stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AHMEDABAD STEELCRAFT stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AHMEDABAD STEELCRAFT is critical whether you are bullish or bearish towards AHMEDABAD STEELCRAFT LTD at a given time.

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Our tools can tell you how much better you can do entering a position in AHMEDABAD STEELCRAFT without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to Trending Equities. Note that the AHMEDABAD STEELCRAFT LTD information on this page should be used as a complementary analysis to other AHMEDABAD STEELCRAFT's 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 Equity Search module to search for activelly traded equities including funds and ETFs from over 30 global markets.

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