TRIDENT (India) Quote Today

TRIDENT -  India Stock  

INR 38.65  3.20  7.65%

TRIDENT is selling for under 38.65 as of the 22nd of October 2021; that is -7.65 percent down since the beginning of the trading day. The stock's last reported lowest price was 38.3. TRIDENT has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for TRIDENT LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2021 and ending today, the 22nd of October 2021. Click here to learn more.
 Market Performance
25 of 100
  Odds Of Distress
Less than 5
Trident Limited manufactures, trades in, and sells textiles, papers, and chemicals in the United States, India, and internationally. Trident Limited was founded in 1990 and is headquartered in Ludhiana, India. TRIDENT operates under Textile Manufacturing classification in India and is traded on National Stock Exchange of India. The company has 5.1 B outstanding shares. More on TRIDENT LTD
Follow Valuation Odds of Bankruptcy
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TRIDENT Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. TRIDENT's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TRIDENT or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
TRIDENT LTD appears to be risky and price may revert if volatility continues
The company has accumulated 15.62 B in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. TRIDENT LTD has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
About 80.0% of TRIDENT outstanding shares are owned by corporate insiders
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 TRIDENT's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
TRIDENT LTD (TRIDENT) is traded on National Stock Exchange of India in India and employs 16,111 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 213.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TRIDENT's market, we take the total number of its shares issued and multiply it by TRIDENT'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. TRIDENT LTD operates under Consumer Cyclical sector and is part of Textile Manufacturing industry. The entity has 5.1 B outstanding shares. TRIDENT LTD has accumulated about 1.07 B in cash with 5.05 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.
Check TRIDENT Probability Of Bankruptcy
TRIDENT LTD shows a total of five billion one hundred million outstanding shares. TRIDENT LTD has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 80.11 % of TRIDENT outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check TRIDENT Ownership Details

TRIDENT Stock Price Odds Analysis

What are TRIDENT's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of TRIDENT jumping above the current price in 90 days from now is about 1.05%. The TRIDENT LTD probability density function shows the probability of TRIDENT stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon TRIDENT has a beta of 0.6688. This usually implies as returns on the market go up, TRIDENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TRIDENT LTD will be expected to be much smaller as well. Moreover, the company has an alpha of 1.2829, implying that it can generate a 1.28 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 38.65HorizonTargetOdds Up 38.65 
98.95%90 days
Based on a normal probability distribution, the odds of TRIDENT to move above the current price in 90 days from now is about 1.05 (This TRIDENT LTD probability density function shows the probability of TRIDENT Stock to fall within a particular range of prices over 90 days) .

TRIDENT LTD Risk Profiles

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

TRIDENT Stock Against Markets

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in TRIDENT 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 TRIDENT LTD information on this page should be used as a complementary analysis to other TRIDENT'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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