SUMMIT SECURITIES (India) Today

SUMMITSEC -  India Stock  

INR 804.45  14.40  1.76%

SUMMIT SECURITIES is selling at 804.45 as of the 3rd of August 2021; that is -1.76% down since the beginning of the trading day. The stock's lowest day price was 790.2. SUMMIT SECURITIES has about a 38 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for SUMMIT SECURITIES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of March 2020 and ending today, the 3rd of August 2021. Click here to learn more.
 Market Performance
18 of 100
  Odds Of Distress
Less than 38
Follow Valuation Odds of Bankruptcy
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SUMMIT SECURITIES Stock Profile

Summit Securities Limited, a non-banking financial company, engages in investment and financial activities. The company was incorporated on January 30, 1997 and is based in Mumbai, India. SUMMIT SECURITIES operates under Capital Markets classification in India and is traded on National Stock Exchange of India. more on SUMMIT SECURITIES
SUMMIT SECURITIES has accumulated about 71.92 M in cash with (13.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.6.
Over 76.0% of the company shares are owned by institutional investors
Legal NameSUMMIT SECURITIES
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 SUMMIT SECURITIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
SUMMIT SECURITIES (SUMMITSEC) is traded on National Stock Exchange of India in India and employs 9 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 6.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SUMMIT SECURITIES's market, we take the total number of its shares issued and multiply it by SUMMIT SECURITIES'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. SUMMIT SECURITIES operates under Financial Services sector and is part of Capital Markets industry. The entity has 10.9 M outstanding shares. SUMMIT SECURITIES has accumulated about 71.92 M in cash with (13.59 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.6.
Check SUMMIT SECURITIES Probability Of Bankruptcy
Ownership
The market capitalization of SUMMIT SECURITIES is 6.97 Billion. The majority of SUMMIT SECURITIES outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SUMMIT SECURITIES to benefit from reduced commissions. Accordingly, institutions are subject to a different set of regulations than regular investors in SUMMIT SECURITIES. Please pay attention to any change in the institutional holdings of SUMMIT SECURITIES as this could imply that something significant has changed or about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.

Ownership Allocation (%)

Check SUMMIT Ownership Details

SUMMIT Stock Price Odds Analysis

What are SUMMIT SECURITIES's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of SUMMIT SECURITIES jumping above the current price in 90 days from now is near 1%. The SUMMIT SECURITIES probability density function shows the probability of SUMMIT SECURITIES stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SUMMIT SECURITIES has a beta of -0.1427. This usually implies as returns on benchmark increase, returns on holding SUMMIT SECURITIES are expected to decrease at a much lower rate. During the bear market, however, SUMMIT SECURITIES is likely to outperform the market. Additionally, the company has an alpha of 0.1611, implying that it can generate a 0.16 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 804.45HorizonTargetOdds Up 804.45 
99.94%90 days
 804.45 
0.06%
Based on a normal probability distribution, the odds of SUMMIT SECURITIES to move above the current price in 90 days from now is near 1 (This SUMMIT SECURITIES probability density function shows the probability of SUMMIT Stock to fall within a particular range of prices over 90 days) .

SUMMIT SECURITIES Risk Profiles

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

SUMMIT Stock Against Markets

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in SUMMIT SECURITIES 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 SUMMIT SECURITIES information on this page should be used as a complementary analysis to other SUMMIT SECURITIES'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Tools for SUMMIT Stock

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