BATA INDIA (India) Today

BATA INDIA is trading at 1784.85 as of the 20th of September 2021, a -2.87% down since the beginning of the trading day. The stock's lowest day price was 1779.8. Equity ratings for BATA INDIA LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of August 2021 and ending today, the 20th of September 2021. Click here to learn more.
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BATA INDIA Stock Profile

Bata India Limited manufactures and trades in footwear and accessories through its retail and wholesale network in India. The company was incorporated in 1931 and is based in Gurugram, India. BATA INDIA operates under Footwear Accessories classification in India and is traded on Bombay Stock Exchange. It employs 4913 people. more on BATA INDIA
BATA INDIA LTD is not yet fully synchronised with the market data
BATA INDIA LTD has very high historical volatility over the last 90 days
About 53.0% of the company shares are held by company insiders
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 BATA INDIA's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
BATA INDIA LTD (BATAINDIA) is traded on Bombay Stock Exchange in India and employs 4,913 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 223.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BATA INDIA's market, we take the total number of its shares issued and multiply it by BATA INDIA'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. BATA INDIA LTD operates under Consumer Cyclical sector and is part of Footwear & Accessories industry. The entity has 128.53 M outstanding shares. BATA INDIA LTD has accumulated about 9.61 B in cash with 5.82 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 74.76.
Check BATA INDIA Probability Of Bankruptcy

BATAINDIA Stock Price Odds Analysis

What are BATA INDIA's target price odds to finish over the current price? Based on a normal probability distribution, the odds of BATA INDIA jumping above the current price in 90 days from now is about 7.34%. The BATA INDIA LTD probability density function shows the probability of BATA INDIA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BATA INDIA has a beta of 0.0745 suggesting as returns on the market go up, BATA INDIA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding BATA INDIA LTD will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0595, implying that it can generate a 0.0595 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1784.85HorizonTargetOdds Up 1784.85 
92.61%90 days
Based on a normal probability distribution, the odds of BATA INDIA to move above the current price in 90 days from now is about 7.34 (This BATA INDIA LTD probability density function shows the probability of BATAINDIA Stock to fall within a particular range of prices over 90 days) .

BATA INDIA LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. BATA INDIA market risk premium is the additional return an investor will receive from holding BATA INDIA 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 BATA INDIA. 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 BATA INDIA's alpha and beta are two of the key measurements used to evaluate BATA INDIA's performance over the market, the standard measures of volatility play an important role as well.

BATAINDIA Stock Against Markets

Picking the right benchmark for BATA INDIA 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 BATA INDIA 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 BATA INDIA is critical whether you are bullish or bearish towards BATA INDIA LTD at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BATA INDIA stock to make a market-neutral strategy. Peer analysis of BATA INDIA could also be used in its relative valuation, which is a method of valuing BATA INDIA by comparing valuation metrics with similar companies.
Continue to Trending Equities. Note that the BATA INDIA LTD information on this page should be used as a complementary analysis to other BATA INDIA'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Tools for BATAINDIA Stock

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