Music Broadcast (India) Price History

RADIOCITY   16.12  0.43  2.60%   
Below is the normalized historical share price chart for Music Broadcast Limited extending back to March 17, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Music Broadcast stands at 16.12, as last reported on the 29th of June, with the highest price reaching 16.70 and the lowest price hitting 16.08 during the day.
200 Day MA
17.3901
50 Day MA
16.8872
Beta
0.276
 
Covid
If you're considering investing in Music Stock, it is important to understand the factors that can impact its price. Music Broadcast has Sharpe Ratio of -0.0358, which conveys that the firm had a -0.0358% return per unit of risk over the last 3 months. Music Broadcast exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Music Broadcast's Standard Deviation of 2.36, risk adjusted performance of (0.01), and Mean Deviation of 1.77 to check out the risk estimate we provide.
  
As of now, Music Broadcast's Common Stock Shares Outstanding is increasing as compared to previous years. The Music Broadcast's current Stock Based Compensation is estimated to increase to about 1.5 M, while Total Stockholder Equity is projected to decrease to under 4.1 B. . Music Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0358

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Estimated Market Risk

 2.26
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Music Broadcast is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Music Broadcast by adding Music Broadcast to a well-diversified portfolio.
Price Book
1.1034
Enterprise Value Ebitda
12.4743
Price Sales
2.6708
Shares Float
69.7 M
Wall Street Target Price
458.89

Music Broadcast Stock Price History Chart

There are several ways to analyze Music Stock price data. The simplest method is using a basic Music candlestick price chart, which shows Music Broadcast price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 3, 202418.65
Lowest PriceJune 4, 202415.35

Music Broadcast June 29, 2024 Stock Price Synopsis

Various analyses of Music Broadcast's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Music Stock. It can be used to describe the percentage change in the price of Music Broadcast from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Music Stock.
Music Broadcast Accumulation Distribution 20,030 
Music Broadcast Price Rate Of Daily Change 0.97 
Music Broadcast Price Action Indicator(0.48)
Music Broadcast Price Daily Balance Of Power(0.69)

Music Broadcast June 29, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Music Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Music Broadcast intraday prices and daily technical indicators to check the level of noise trading in Music Stock and then apply it to test your longer-term investment strategies against Music.

Music Stock Price History Data

The price series of Music Broadcast for the period between Sun, Mar 31, 2024 and Sat, Jun 29, 2024 has a statistical range of 3.3 with a coefficient of variation of 4.47. The price distribution for the period has arithmetic mean of 16.97. The median price for the last 90 days is 16.95. The company completed stock split (5:4) on 12th of March 2020.
OpenHighLowCloseVolume
06/28/2024 16.64  16.70  16.08  16.12  539,511 
06/27/2024 16.45  16.94  16.28  16.55  534,335 
06/26/2024 16.95  16.95  16.30  16.35  490,491 
06/25/2024 17.24  17.24  16.61  16.73  526,656 
06/24/2024 16.35  17.22  16.18  17.08  1,230,320 
06/21/2024 16.45  16.82  16.20  16.48  594,229 
06/20/2024 16.50  16.51  15.80  16.23  422,622 
06/19/2024 16.40  16.70  16.20  16.32  477,923 
06/18/2024 16.67  16.90  16.45  16.56  443,660 
06/14/2024 16.81  16.91  16.57  16.63  355,499 
06/13/2024 16.94  17.05  16.62  16.78  338,906 
06/12/2024 16.59  17.06  16.38  16.89  810,301 
06/11/2024 16.35  16.60  16.06  16.34  550,912 
06/10/2024 16.25  16.50  16.05  16.17  637,253 
06/07/2024 16.35  16.35  15.85  16.05  581,791 
06/06/2024 16.00  16.20  15.65  16.00  541,882 
06/05/2024 15.45  16.10  14.90  15.90  399,735 
06/04/2024 16.20  16.20  14.30  15.35  728,923 
06/03/2024 16.30  16.60  16.00  16.05  318,686 
05/31/2024 16.50  16.50  15.70  15.85  606,708 
05/30/2024 16.30  16.40  16.00  16.10  253,822 
05/29/2024 16.45  16.45  16.20  16.30  141,565 
05/28/2024 16.45  17.00  15.75  16.45  631,552 
05/27/2024 16.75  16.90  16.25  16.35  463,274 
05/24/2024 16.65  17.10  16.50  16.55  638,233 
05/23/2024 17.75  18.20  15.55  16.60  1,621,437 
05/22/2024 17.65  17.75  17.20  17.35  740,252 
05/21/2024 17.60  17.90  17.30  17.50  641,468 
05/18/2024 17.40  17.55  17.25  17.35  124,553 
05/17/2024 17.10  17.45  17.00  17.25  317,303 
05/16/2024 17.35  17.45  17.15  17.15  316,579 
05/15/2024 17.20  17.50  17.05  17.25  551,059 
05/14/2024 17.05  17.30  16.95  17.15  394,897 
05/13/2024 17.00  17.40  16.60  17.05  649,652 
05/10/2024 16.90  17.30  16.90  17.15  501,158 
05/09/2024 17.00  17.20  16.80  16.95  854,555 
05/08/2024 16.95  17.35  16.75  17.00  578,594 
05/07/2024 17.70  17.70  16.85  16.95  1,236,992 
05/06/2024 18.70  18.85  17.30  17.55  1,511,377 
05/03/2024 17.70  19.00  17.70  18.60  2,279,411 
05/02/2024 17.90  18.15  17.75  17.85  817,255 
04/30/2024 18.65  18.75  17.50  17.90  685,616 
04/29/2024 18.30  18.85  18.15  18.60  1,420,747 
04/26/2024 18.40  18.65  17.85  18.15  1,027,863 
04/25/2024 17.70  19.40  17.50  18.30  2,440,375 
04/24/2024 17.20  18.20  17.20  17.60  1,112,609 
04/23/2024 17.15  17.30  16.95  17.15  533,094 
04/22/2024 16.90  17.35  16.90  17.05  675,011 
04/19/2024 16.55  17.20  16.30  17.00  800,445 
04/18/2024 17.00  17.20  16.55  16.70  766,175 
04/16/2024 16.30  17.00  16.15  16.85  756,254 
04/15/2024 16.05  16.75  16.00  16.35  1,494,119 
04/12/2024 17.35  17.65  16.65  16.75  1,432,042 
04/10/2024 17.70  18.20  17.50  17.60  942,940 
04/09/2024 18.10  18.35  17.50  17.70  845,199 
04/08/2024 18.45  18.60  17.90  18.05  850,325 
04/05/2024 18.40  18.80  17.90  18.45  1,112,761 
04/04/2024 18.95  19.35  18.25  18.40  1,468,417 
04/03/2024 17.85  19.40  17.85  18.65  1,499,579 
04/02/2024 17.05  18.45  17.05  17.85  1,512,183 
04/01/2024 16.25  17.25  16.25  17.20  1,276,049 

About Music Broadcast Stock history

Music Broadcast investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Music is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Music Broadcast will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Music Broadcast stock prices may prove useful in developing a viable investing in Music Broadcast
Last ReportedProjected for Next Year
Common Stock Shares Outstanding342.2 M373.2 M
Net Income Applicable To Common Shares31 M29.4 M

Music Broadcast Quarterly Net Working Capital

1.36 Billion

Music Broadcast Stock Technical Analysis

Music Broadcast technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Music Broadcast technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Music Broadcast trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Music Broadcast Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Music Broadcast's price direction in advance. Along with the technical and fundamental analysis of Music Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Music to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Music Stock analysis

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