SASKEN TECHNOLOGIE (India) Today

SASKEN -  India Stock  

INR 1,421  49.40  3.60%

SASKEN TECHNOLOGIE is trading at 1421.15 as of the 23rd of September 2021, a 3.60 percent increase since the beginning of the trading day. The stock's open price was 1371.75. SASKEN TECHNOLOGIE has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for SASKEN TECHNOLOGIE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2019 and ending today, the 23rd of September 2021. Click here to learn more.
 Market Performance
13 of 100
  Odds Of Distress
Less than 38
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

SASKEN TECHNOLOGIE Stock Profile

Sasken Technologies Limited provides product engineering and digital transformation services worldwide. Sasken Technologies Limited was founded in 1989 and is headquartered in Bengaluru, India. SASKEN TECHNOLOGIE operates under SoftwareApplication classification in India and is traded on National Stock Exchange of India. It employs 1395 people. more on SASKEN TECHNOLOGIE
SASKEN TECHNOLOGIE appears to be risky and price may revert if volatility continues
About 58.0% of the company outstanding shares are owned by corporate insiders
Legal NameSASKEN TECHNOLOGIE
Thematic Classification
Currently Active Investing Idea (view all)
  Technology
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 SASKEN TECHNOLOGIE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldOvervalued
SASKEN TECHNOLOGIE (SASKEN) is traded on National Stock Exchange of India in India and employs 1,395 people. The company currently falls under 'Large-Cap' category with current market capitalization of 21.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SASKEN TECHNOLOGIE's market, we take the total number of its shares issued and multiply it by SASKEN TECHNOLOGIE'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. SASKEN TECHNOLOGIE operates under Technology sector and is part of Software—Application industry. The entity has 15.05 M outstanding shares. SASKEN TECHNOLOGIE has accumulated about 1.29 B in cash with 1.19 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 86.19.
Check SASKEN TECHNOLOGIE Probability Of Bankruptcy
Ownership
SASKEN TECHNOLOGIE maintains a total of 15.05 Million outstanding shares. SASKEN TECHNOLOGIE maintains noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check SASKEN Ownership Details

SASKEN Stock Price Odds Analysis

What are SASKEN TECHNOLOGIE's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SASKEN TECHNOLOGIE jumping above the current price in 90 days from now is about 9.48%. The SASKEN TECHNOLOGIE probability density function shows the probability of SASKEN TECHNOLOGIE stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SASKEN TECHNOLOGIE has a beta of 0.0382. This usually implies as returns on the market go up, SASKEN TECHNOLOGIE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SASKEN TECHNOLOGIE will be expected to be much smaller as well. Additionally, the company has an alpha of 0.5637, implying that it can generate a 0.56 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1421.15HorizonTargetOdds Up 1421.15 
90.46%90 days
 1,421 
9.48%
Based on a normal probability distribution, the odds of SASKEN TECHNOLOGIE to move above the current price in 90 days from now is about 9.48 (This SASKEN TECHNOLOGIE probability density function shows the probability of SASKEN Stock to fall within a particular range of prices over 90 days) .

SASKEN TECHNOLOGIE Risk Profiles

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

SASKEN Stock Against Markets

Picking the right benchmark for SASKEN TECHNOLOGIE 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 SASKEN TECHNOLOGIE 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 SASKEN TECHNOLOGIE is critical whether you are bullish or bearish towards SASKEN TECHNOLOGIE at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SASKEN TECHNOLOGIE 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, take a look at World Market Map. Note that the SASKEN TECHNOLOGIE information on this page should be used as a complementary analysis to other SASKEN TECHNOLOGIE'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Tools for SASKEN Stock

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