Garware Hi (India) Today
| GRWRHITECH | 1,802 13.45 0.75% |
Performance5 of 100
| Odds Of DistressLess than 1
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Garware Hi is selling for under 1801.80 as of the 3rd of May 2024; that is 0.75% increase since the beginning of the trading day. The stock's last reported lowest price was 1788.35. Garware Hi has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Garware Hi Tech Films are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Garware Hi is entity of India. It is traded as Stock on NSE exchange. The company has 23.23 M outstanding shares. More on Garware Hi Tech Films
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Garware 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. Garware Hi's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Garware Hi or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman MD | Shashikant Garware | ||||
| Thematic Idea | ISP (View all Themes) | ||||
| Business Concentration | Specialty Chemicals, Basic Materials, ISP, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | ||||
Garware Hi's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Garware Hi'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 Garware Hi's financial leverage. It provides some insight into what part of Garware Hi's total assets is financed by creditors.
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Garware Hi Tech Films (GRWRHITECH) is traded on National Stock Exchange of India in India and employs 852 people. Garware Hi is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 41.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Garware Hi's market, we take the total number of its shares issued and multiply it by Garware Hi'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. Garware Hi Tech operates under Chemicals sector and is part of Materials industry. The entity has 23.23 M outstanding shares.
Garware Hi generates positive cash flow from operations, but has no cash available
Check Garware Hi Probability Of Bankruptcy
Ownership AllocationGarware Hi secures a total of 23.23 Million outstanding shares. Garware Hi retains 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. 66.36 (percent) of Garware Hi outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Garware Ownership Details
Garware Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Garware Hi jumping above the current price in 90 days from now is about 45.37%. The Garware Hi Tech Films probability density function shows the probability of Garware Hi stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Garware Hi has a beta of 0.9309. This usually indicates Garware Hi Tech Films market returns are related to returns on the market. As the market goes up or down, Garware Hi is expected to follow. Additionally, garware Hi Tech Films has an alpha of 0.1132, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Garware Hi to move above the current price in 90 days from now is about 45.37 (This Garware Hi Tech Films probability density function shows the probability of Garware Stock to fall within a particular range of prices over 90 days) .
Garware Hi Tech Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Garware Hi market risk premium is the additional return an investor will receive from holding Garware Hi 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 Garware Hi. 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 Garware Hi's alpha and beta are two of the key measurements used to evaluate Garware Hi's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.56 | |||
| Semi Deviation | 2.38 | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.42 |
Garware Stock Against Markets
Picking the right benchmark for Garware Hi 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 Garware Hi 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 Garware Hi is critical whether you are bullish or bearish towards Garware Hi Tech Films at a given time. Please also check how Garware Hi's historical prices are related to one of the top price index indicators.
| GRWRHITECH | 0.75 | |||||
| NYA | 0.70 |
| Competition | Compare Correlations |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Garware Hi 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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| All Next | Launch Module |
How to buy Garware Stock?
Before investing in Garware Hi, 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 Garware Hi. To buy Garware Hi stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Garware Hi. 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 Garware Hi stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Garware Hi Tech Films 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 Garware Hi Tech Films 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 Garware Hi Tech Films, 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 Garware Hi Tech Films?
The danger of trading Garware Hi Tech Films 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 Garware Hi 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 Garware Hi. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Garware Hi Tech 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garware Hi Tech Films. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Garware Hi Tech information on this page should be used as a complementary analysis to other Garware Hi'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 the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Garware Stock analysis
When running Garware Hi's price analysis, check to measure Garware Hi'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 Garware Hi is operating at the current time. Most of Garware Hi's value examination focuses on studying past and present price action to predict the probability of Garware Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garware Hi's price. Additionally, you may evaluate how the addition of Garware Hi to your portfolios can decrease your overall portfolio volatility.
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