Laxmi Organic (India) Today
| LXCHEM Stock | 253.25 3.00 1.20% |
Performance0 of 100
| Odds Of DistressLess than 9
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Laxmi Organic is trading at 253.25 as of the 28th of April 2024, a 1.20 percent up since the beginning of the trading day. The stock's open price was 250.25. Laxmi Organic has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Laxmi Organic Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Laxmi Organic is entity of India. It is traded as Stock on NSE exchange. The company has 275.78 M outstanding shares. More on Laxmi Organic Industries
Moving together with Laxmi Stock
| 0.64 | NMDC | NMDC Limited | PairCorr |
| 0.74 | JTLIND | JTL Industries Earnings Call Tomorrow | PairCorr |
| 0.63 | MAITHANALL | Maithan Alloys | PairCorr |
| 0.67 | ISMTLTD | ISMT Limited Earnings Call This Week | PairCorr |
| 0.68 | PRAKASH | Prakash Industries | PairCorr |
Moving against Laxmi Stock
| 0.45 | MFSL | Max Financial Services | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Laxmi 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. Laxmi Organic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Laxmi Organic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Ex CEO | Satej Nabar | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Specialty Chemicals, Basic Materials, Natural Foods, Processed Foods, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | ||||
Laxmi Organic's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Laxmi Organic'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 Laxmi Organic's financial leverage. It provides some insight into what part of Laxmi Organic's total assets is financed by creditors.
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Laxmi Organic Industries (LXCHEM) is traded on National Stock Exchange of India in India and employs 874 people. Laxmi Organic 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 69.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Laxmi Organic's market, we take the total number of its shares issued and multiply it by Laxmi Organic'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. Laxmi Organic Industries operates under Chemicals sector and is part of Materials industry. The entity has 275.78 M outstanding shares.
Laxmi Organic generates positive cash flow from operations, but has no cash available
Check Laxmi Organic Probability Of Bankruptcy
Ownership AllocationLaxmi Organic Industries maintains a total of 275.78 Million outstanding shares. Laxmi Organic Industries 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. 71.13 % of Laxmi Organic Industries 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 Laxmi Ownership Details
Laxmi Stock Price Odds Analysis
What are Laxmi Organic's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Laxmi Organic jumping above the current price in 90 days from now is about 52.31%. The Laxmi Organic Industries probability density function shows the probability of Laxmi Organic stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Laxmi Organic has a beta of 0.478. This indicates as returns on the market go up, Laxmi Organic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Laxmi Organic Industries will be expected to be much smaller as well. Additionally, laxmi Organic Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Laxmi Organic to move above the current price in 90 days from now is about 52.31 (This Laxmi Organic Industries probability density function shows the probability of Laxmi Stock to fall within a particular range of prices over 90 days) .
Laxmi Organic Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Laxmi Organic market risk premium is the additional return an investor will receive from holding Laxmi Organic 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 Laxmi Organic. 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 Laxmi Organic's alpha and beta are two of the key measurements used to evaluate Laxmi Organic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.44 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.03 | |||
| Risk Adjusted Performance | (0.02) |
Laxmi Stock Against Markets
Picking the right benchmark for Laxmi Organic 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 Laxmi Organic 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 Laxmi Organic is critical whether you are bullish or bearish towards Laxmi Organic Industries at a given time. Please also check how Laxmi Organic's 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 Laxmi Organic 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 Laxmi Stock?
Before investing in Laxmi Organic, 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 Laxmi Organic. To buy Laxmi Organic stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Laxmi Organic. 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 Laxmi Organic stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Laxmi Organic Industries 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 Laxmi Organic Industries 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 Laxmi Organic Industries, 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 Laxmi Organic Industries?
The danger of trading Laxmi Organic Industries 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 Laxmi Organic 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 Laxmi Organic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Laxmi Organic Industries 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 Laxmi Organic Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Laxmi Organic Industries information on this page should be used as a complementary analysis to other Laxmi Organic'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Laxmi Stock analysis
When running Laxmi Organic's price analysis, check to measure Laxmi Organic'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 Laxmi Organic is operating at the current time. Most of Laxmi Organic's value examination focuses on studying past and present price action to predict the probability of Laxmi Organic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laxmi Organic's price. Additionally, you may evaluate how the addition of Laxmi Organic to your portfolios can decrease your overall portfolio volatility.
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