Mirae Asset (India) Today

MANXT50ETF -  India Stock  

INR 434.46  3.89  0.90%

Mirae Asset is trading at 434.46 as of the 19th of September 2021, a 0.90% increase since the beginning of the trading day. The stock's open price was 430.57. Mirae Asset has 50 percent odds of going through some form of financial distress in the next two years but had a very solid returns during the last 90 days. Equity ratings for Mirae Asset Mutual are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of August 2021 and ending today, the 19th of September 2021. Click here to learn more.
 Market Performance
22 of 100

Mirae Asset Stock Profile

Legal NameMirae Asset Mutual
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 Mirae Asset's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Mirae Asset Mutual (MANXT50ETF) is traded on Bombay Stock Exchange in India .
Check Mirae Asset Probability Of Bankruptcy

Mirae Stock Price Odds Analysis

What are Mirae Asset's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Mirae Asset jumping above the current price in 90 days from now is near 1%. The Mirae Asset Mutual probability density function shows the probability of Mirae Asset stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Mirae Asset has a beta of 0.0841. This indicates as returns on the market go up, Mirae Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mirae Asset Mutual will be expected to be much smaller as well. Additionally, the company has an alpha of 0.353, implying that it can generate a 0.35 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 434.46HorizonTargetOdds Up 434.46 
99.30%90 days
Based on a normal probability distribution, the odds of Mirae Asset to move above the current price in 90 days from now is near 1 (This Mirae Asset Mutual probability density function shows the probability of Mirae Stock to fall within a particular range of prices over 90 days) .

Mirae Asset Mutual Risk Profiles

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

Mirae Asset Mutual Technical Analysis

The output start index for this execution was zero with a total number of output elements of fourty-eight. Mirae Asset Mutual Sinh Values Of Price Series is a hyperbolic price transformation function. View also all equity analysis or get more info about sinh values of price series math transform indicator.

Mirae Stock Against Markets

Picking the right benchmark for Mirae Asset 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 Mirae Asset 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 Mirae Asset is critical whether you are bullish or bearish towards Mirae Asset Mutual at a given time.

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Our tools can tell you how much better you can do entering a position in Mirae Asset 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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Additionally, see Stocks Correlation. Note that the Mirae Asset Mutual information on this page should be used as a complementary analysis to other Mirae Asset'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for Mirae Stock

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