Dixon Technologies (India) Today
| DIXON Stock | 8,430 19.00 0.23% |
Performance19 of 100
| Odds Of DistressLess than 1
|
Dixon Technologies is selling at 8430.00 as of the 4th of May 2024; that is 0.23 percent up since the beginning of the trading day. The stock's open price was 8411.0. Dixon Technologies has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Dixon Technologies Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | Category Technology | Classification Consumer Discretionary |
Dixon Technologies is entity of India. It is traded as Stock on NSE exchange. The company has 59.82 M outstanding shares. More on Dixon Technologies Limited
Moving together with Dixon Stock
| 0.81 | SBIN | State Bank | PairCorr |
| 0.72 | ONGC | Oil Natural Gas | PairCorr |
| 0.89 | ICICIBANK | ICICI Bank Limited | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Dixon 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. Dixon Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Dixon Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| MD Chairman | Atul Lall | ||||
| Business Concentration | Consumer Electronics, Consumer Durables & Apparel, Consumer Discretionary, Consumer Discretionary, Household Durables, Consumer Electronics, Technology (View all Sectors) | ||||
Dixon Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Dixon Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dixon Technologies' financial leverage. It provides some insight into what part of Dixon Technologies' total assets is financed by creditors.
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Dixon Technologies Limited (DIXON) is traded on National Stock Exchange of India in India and employs 2,844 people. Dixon Technologies is listed under Consumer Electronics category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 504.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Dixon Technologies's market, we take the total number of its shares issued and multiply it by Dixon Technologies'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 those looking for more risk prefer small-cap and mid-cap equities. Dixon Technologies operates under Household Durables sector and is part of Consumer Discretionary industry. The entity has 59.82 M outstanding shares.
Dixon Technologies Limited has accumulated about 121.4 M in cash with 7.26 B of positive cash flow from operations.
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Ownership AllocationDixon Technologies holds a total of 59.82 Million outstanding shares. Dixon Technologies Limited retains significant 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's 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Dixon Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Dixon Technologies jumping above the current price in 90 days from now is roughly 2.51%. The Dixon Technologies Limited probability density function shows the probability of Dixon Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Dixon Technologies Limited has a beta of -0.7865 suggesting as returns on the benchmark increase, returns on holding Dixon Technologies are expected to decrease at a much lower rate. During a bear market, however, Dixon Technologies Limited is likely to outperform the market. Additionally, dixon Technologies Limited has an alpha of 0.6152, implying that it can generate a 0.62 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Dixon Technologies to move above the current price in 90 days from now is roughly 2.51 (This Dixon Technologies Limited probability density function shows the probability of Dixon Stock to fall within a particular range of prices over 90 days) .
Dixon Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Dixon Technologies market risk premium is the additional return an investor will receive from holding Dixon Technologies 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 Dixon Technologies. 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 Dixon Technologies' alpha and beta are two of the key measurements used to evaluate Dixon Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.51 | |||
| Semi Deviation | 1.23 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.1 |
Dixon Stock Against Markets
Picking the right benchmark for Dixon Technologies 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 Dixon Technologies 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 Dixon Technologies is critical whether you are bullish or bearish towards Dixon Technologies Limited at a given time. Please also check how Dixon Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dixon Technologies without increasing your portfolio risk or giving up the 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.Did you try this?
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Portfolio RebalancingAnalyze risk-adjusted returns against different time horizons to find asset-allocation targets |
| All Next | Launch Module |
How to buy Dixon Stock?
Before investing in Dixon Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Dixon Technologies. To buy Dixon Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Dixon Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Dixon Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Dixon Technologies Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Dixon Technologies Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Dixon Technologies Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Dixon Technologies Limited?
The danger of trading Dixon Technologies Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Dixon Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Dixon Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Dixon Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dixon Technologies Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Dixon Stock analysis
When running Dixon Technologies' price analysis, check to measure Dixon Technologies' 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 Dixon Technologies is operating at the current time. Most of Dixon Technologies' value examination focuses on studying past and present price action to predict the probability of Dixon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dixon Technologies' price. Additionally, you may evaluate how the addition of Dixon Technologies to your portfolios can decrease your overall portfolio volatility.
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