PRADIP OVERSEAS (India) Today

PRADIP OVERSEAS is trading at 1.20 as of the 27th of September 2021, a No Change since the beginning of the trading day. The stock's open price was 1.2. Equity ratings for PRADIP OVERSEAS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of August 2021 and ending today, the 27th of September 2021. Click here to learn more.
Valuation
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PRADIP OVERSEAS Stock Profile

Pradip Overseas Limited manufactures and exports home textiles, home decors, and home furnishings in India and internationally. The company was founded in 1980 and is based in Ahmedabad, India. PRADIP OVERSEAS operates under Textile Manufacturing classification in India and is traded on Bombay Stock Exchange. more on PRADIP OVERSEAS
PRADIP OVERSEAS LTD is not yet fully synchronised with the market data
PRADIP OVERSEAS LTD may become a speculative penny stock
The company reported the revenue of 380.81 M. Net Loss for the year was (310.73 M) with profit before overhead, payroll, taxes, and interest of 363.17 M.
PRADIP OVERSEAS LTD has accumulated about 1.33 M in cash with (4.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Roughly 64.0% of the company outstanding shares are owned by corporate insiders
Legal NamePRADIP OVERSEAS 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 PRADIP OVERSEAS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
PRADIP OVERSEAS LTD (PRADIP) is traded on Bombay Stock Exchange in India and employs 133 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 58.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PRADIP OVERSEAS's market, we take the total number of its shares issued and multiply it by PRADIP OVERSEAS'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. PRADIP OVERSEAS LTD operates under Consumer Cyclical sector and is part of Textile Manufacturing industry. The entity has 48.44 M outstanding shares. PRADIP OVERSEAS LTD has accumulated about 1.33 M in cash with (4.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check PRADIP OVERSEAS Probability Of Bankruptcy

PRADIP Stock Price Odds Analysis

What are PRADIP OVERSEAS's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of PRADIP OVERSEAS jumping above the current price in 90 days from now is about 6.68%. The PRADIP OVERSEAS LTD probability density function shows the probability of PRADIP OVERSEAS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PRADIP OVERSEAS LTD has a beta of -0.546 indicating as returns on benchmark increase, returns on holding PRADIP OVERSEAS are expected to decrease at a much lower rate. During the bear market, however, PRADIP OVERSEAS LTD is likely to outperform the market. Additionally, the company has an alpha of 0.3129, implying that it can generate a 0.31 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1.2HorizonTargetOdds Up 1.2 
93.27%90 days
 1.20 
6.68%
Based on a normal probability distribution, the odds of PRADIP OVERSEAS to move above the current price in 90 days from now is about 6.68 (This PRADIP OVERSEAS LTD probability density function shows the probability of PRADIP Stock to fall within a particular range of prices over 90 days) .

PRADIP OVERSEAS LTD Risk Profiles

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

PRADIP Stock Against Markets

Picking the right benchmark for PRADIP OVERSEAS 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 PRADIP OVERSEAS 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 PRADIP OVERSEAS is critical whether you are bullish or bearish towards PRADIP OVERSEAS 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 PRADIP OVERSEAS stock to make a market-neutral strategy. Peer analysis of PRADIP OVERSEAS could also be used in its relative valuation, which is a method of valuing PRADIP OVERSEAS by comparing valuation metrics with similar companies.
Please check Your Equity Center. Note that the PRADIP OVERSEAS LTD information on this page should be used as a complementary analysis to other PRADIP OVERSEAS'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Other Tools for PRADIP Stock

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