Manaksia Coated (India) Today
| MANAKCOAT | 48.60 2.25 4.42% |
Performance10 of 100
| Odds Of DistressLess than 2
|
Manaksia Coated is selling at 48.60 as of the 30th of April 2024; that is -4.42% down since the beginning of the trading day. The stock's open price was 50.85. Manaksia Coated has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Manaksia Coated Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Manaksia Coated is entity of India. It is traded as Stock on NSE exchange. The company has 74.27 M outstanding shares. More on Manaksia Coated Metals
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Manaksia 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. Manaksia Coated's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Manaksia Coated or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Industrial Machinery & Supplies & Components, Metal Fabrication, Industrials, Aluminum, Heavy Metals, Copper, Industrials, Machinery, Metal Fabrication, Industrials (View all Sectors) | ||||
Manaksia Coated's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Manaksia Coated's 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 Manaksia Coated's financial leverage. It provides some insight into what part of Manaksia Coated's total assets is financed by creditors.
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Manaksia Coated Metals (MANAKCOAT) is traded on National Stock Exchange of India in India and employs 309 people. Manaksia Coated is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Manaksia Coated's market, we take the total number of its shares issued and multiply it by Manaksia Coated'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. Manaksia Coated Metals operates under Machinery sector and is part of Industrials industry. The entity has 74.27 M outstanding shares.
Manaksia Coated Metals has accumulated about 3.99 M in cash with 81.35 M of positive cash flow from operations.
Check Manaksia Coated Probability Of Bankruptcy
Ownership AllocationManaksia Coated Metals maintains a total of 74.27 Million outstanding shares. Manaksia Coated Metals secures 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's outstanding shares. 64.72 % of Manaksia Coated Metals outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Manaksia Ownership Details
Manaksia Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Manaksia Coated jumping above the current price in 90 days from now is near 1%. The Manaksia Coated Metals probability density function shows the probability of Manaksia Coated stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.2136. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Manaksia Coated will likely underperform. Additionally, manaksia Coated Metals has an alpha of 0.7646, implying that it can generate a 0.76 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Manaksia Coated to move above the current price in 90 days from now is near 1 (This Manaksia Coated Metals probability density function shows the probability of Manaksia Stock to fall within a particular range of prices over 90 days) .
Manaksia Coated Metals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Manaksia Coated market risk premium is the additional return an investor will receive from holding Manaksia Coated 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 Manaksia Coated. 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 Manaksia Coated's alpha and beta are two of the key measurements used to evaluate Manaksia Coated's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.97 | |||
| Semi Deviation | 3.81 | |||
| Standard Deviation | 4.98 | |||
| Variance | 24.76 |
Manaksia Stock Against Markets
Picking the right benchmark for Manaksia Coated 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 Manaksia Coated 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 Manaksia Coated is critical whether you are bullish or bearish towards Manaksia Coated Metals at a given time. Please also check how Manaksia Coated's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Manaksia Coated 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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Manaksia Coated Corporate Management
Elected by the shareholders, the Manaksia Coated's board of directors comprises two types of representatives: Manaksia Coated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Manaksia. The board's role is to monitor Manaksia Coated's management team and ensure that shareholders' interests are well served. Manaksia Coated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Manaksia Coated's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rajendra Lodhi | Chief Officer | Profile | |
| Arup Bhadhuri | Sr Bus | Profile | |
| Mahendra Bang | Chief Officer | Profile | |
| Rajeev Agrawal | Vice Marketing | Profile |
How to buy Manaksia Stock?
Before investing in Manaksia Coated, 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 Manaksia Coated. To buy Manaksia Coated stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Manaksia Coated. 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 Manaksia Coated stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Manaksia Coated Metals 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 Manaksia Coated Metals 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 Manaksia Coated Metals, 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 Manaksia Coated Metals?
The danger of trading Manaksia Coated Metals 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 Manaksia Coated 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 Manaksia Coated. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Manaksia Coated Metals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manaksia Coated Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Manaksia Stock analysis
When running Manaksia Coated's price analysis, check to measure Manaksia Coated'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 Manaksia Coated is operating at the current time. Most of Manaksia Coated's value examination focuses on studying past and present price action to predict the probability of Manaksia Coated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manaksia Coated's price. Additionally, you may evaluate how the addition of Manaksia Coated to your portfolios can decrease your overall portfolio volatility.
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