SARASWATI COMMERCIAL (India) Today

SARASWATI COMMERCIAL is selling for 1938.95 as of the 26th of September 2021. This is a 0.72 percent up since the beginning of the trading day. The stock's open price was 1925.050049. Equity ratings for SARASWATI COMMERCIAL L are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of August 2021 and ending today, the 26th of September 2021. Click here to learn more.
Valuation
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SARASWATI COMMERCIAL Stock Profile

Saraswati Commercial Limited operates as a non-banking financial institution in India. The company was incorporated in 1983 and is based in Mumbai, India. SARASWATI COMMERCIAL operates under Asset Management classification in India and is traded on Bombay Stock Exchange. It employs 9 people. more on SARASWATI COMMERCIAL
SARASWATI COMMERCIAL is not yet fully synchronised with the market data
SARASWATI COMMERCIAL L has accumulated about 392.52 M in cash with (59.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 392.16.
Legal NameSARASWATI COMMERCIAL L
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 SARASWATI COMMERCIAL's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
SARASWATI COMMERCIAL L (ZSARACOM) is traded on Bombay Stock Exchange in India and employs 9 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SARASWATI COMMERCIAL's market, we take the total number of its shares issued and multiply it by SARASWATI COMMERCIAL'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. SARASWATI COMMERCIAL operates under Financial Services sector and is part of Asset Management industry. The entity has 1000 K outstanding shares. SARASWATI COMMERCIAL L has accumulated about 392.52 M in cash with (59.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 392.16.
Check SARASWATI COMMERCIAL Probability Of Bankruptcy

SARASWATI Stock Price Odds Analysis

What are SARASWATI COMMERCIAL's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of SARASWATI COMMERCIAL jumping above the current price in 90 days from now is about 80.16%. The SARASWATI COMMERCIAL L probability density function shows the probability of SARASWATI COMMERCIAL stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SARASWATI COMMERCIAL has a beta of 0.6301. This usually means as returns on the market go up, SARASWATI COMMERCIAL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SARASWATI COMMERCIAL L will be expected to be much smaller as well. Additionally, the company has an alpha of 0.08, implying that it can generate a 0.08 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1938.95HorizonTargetOdds Up 1938.95 
19.77%90 days
 1,939 
80.16%
Based on a normal probability distribution, the odds of SARASWATI COMMERCIAL to move above the current price in 90 days from now is about 80.16 (This SARASWATI COMMERCIAL L probability density function shows the probability of SARASWATI Stock to fall within a particular range of prices over 90 days) .

SARASWATI COMMERCIAL Risk Profiles

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

SARASWATI Stock Against Markets

Picking the right benchmark for SARASWATI COMMERCIAL 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 SARASWATI COMMERCIAL 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 SARASWATI COMMERCIAL is critical whether you are bullish or bearish towards SARASWATI COMMERCIAL L 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 SARASWATI COMMERCIAL stock to make a market-neutral strategy. Peer analysis of SARASWATI COMMERCIAL could also be used in its relative valuation, which is a method of valuing SARASWATI COMMERCIAL by comparing valuation metrics with similar companies.
Check out Your Current Watchlist. Note that the SARASWATI COMMERCIAL information on this page should be used as a complementary analysis to other SARASWATI COMMERCIAL'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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Tools for SARASWATI Stock

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