LAGNAM SPINTEX is trading at 42.80 as of the 28th of July 2021, a 10.03 percent increase since the beginning of the trading day. The stock's open price was 38.9. Equity ratings for LAGNAM SPINTEX LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2021 and ending today, the 28th of July 2021. Click here to learn more.


LAGNAM SPINTEX LTD is not yet fully synchronised with the market data
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 LAGNAM SPINTEX's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
LAGNAM SPINTEX LTD (LAGNAM-SM) is traded on National Stock Exchange of India in India .
Check LAGNAM SPINTEX Probability Of Bankruptcy

LAGNAM Stock Price Odds Analysis

What are LAGNAM SPINTEX's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of LAGNAM SPINTEX jumping above the current price in 90 days from now is near 1%. The LAGNAM SPINTEX LTD probability density function shows the probability of LAGNAM SPINTEX stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon LAGNAM SPINTEX has a beta of 0.9822. This indicates LAGNAM SPINTEX LTD market returns are sensitive to returns on the market. As the market goes up or down, LAGNAM SPINTEX is expected to follow. In addition to that, the company has an alpha of 2.6444, implying that it can generate a 2.64 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 42.8HorizonTargetOdds Up 42.8 
99.76%90 days
Based on a normal probability distribution, the odds of LAGNAM SPINTEX to move above the current price in 90 days from now is near 1 (This LAGNAM SPINTEX LTD probability density function shows the probability of LAGNAM Stock to fall within a particular range of prices over 90 days) .


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

LAGNAM Stock Against Markets

Picking the right benchmark for LAGNAM SPINTEX 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 LAGNAM SPINTEX 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 LAGNAM SPINTEX is critical whether you are bullish or bearish towards LAGNAM SPINTEX 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 LAGNAM SPINTEX stock to make a market-neutral strategy. Peer analysis of LAGNAM SPINTEX could also be used in its relative valuation, which is a method of valuing LAGNAM SPINTEX by comparing valuation metrics with similar companies.
Additionally, see Stocks Correlation. Note that the LAGNAM SPINTEX LTD information on this page should be used as a complementary analysis to other LAGNAM SPINTEX'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Other Tools for LAGNAM Stock

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