RACE ECO (India) Today

RACE ECO is selling for 209.40 as of the 22nd of September 2021. This is a -0.76 percent decrease since the beginning of the trading day. The stock's open price was 211.0. Equity ratings for RACE ECO CHAIN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of January 2020 and ending today, the 22nd of September 2021. Click here to learn more.

RACE ECO Stock Profile

RACE ECO CHAIN is not yet fully synchronised with the market data
RACE ECO CHAIN generates negative expected return over the last 90 days
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 RACE ECO's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
RACE ECO CHAIN (RACE) is traded on Bombay Stock Exchange in India .
Check RACE ECO Probability Of Bankruptcy

RACE ECO CHAIN Risk Profiles

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

RACE ECO Stock Against Markets

Picking the right benchmark for RACE ECO 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 RACE ECO 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 RACE ECO is critical whether you are bullish or bearish towards RACE ECO CHAIN 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 RACE ECO stock to make a market-neutral strategy. Peer analysis of RACE ECO could also be used in its relative valuation, which is a method of valuing RACE ECO by comparing valuation metrics with similar companies.
Additionally, take a look at Your Equity Center. Note that the RACE ECO CHAIN information on this page should be used as a complementary analysis to other RACE ECO'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Other Tools for RACE ECO Stock

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