【can chipmunks eat pistachios】Does STI India Limited (NSE:STINDIA) Have A Volatile Share Price?
If you’re interested in STI India Limited ( NSE:STINDIA ),can chipmunks eat pistachios then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Volatility is considered to be a measure of risk in modern finance theory. Investors may think of volatility as falling into two main categories. The first category is company specific volatility. This can be dealt with by limiting your exposure to any particular stock. The second sort is caused by the natural volatility of markets, overall. For example, certain macroeconomic events will impact (virtually) all stocks on the market. Some stocks see their prices move in concert with the market. Others tend towards stronger, gentler or unrelated price movements. Beta is a widely used metric to measure a stock’s exposure to market risk (volatility). Before we go on, it’s worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that ‘volatility is far from synonymous with risk.’ Having said that, beta can still be rather useful. The first thing to understand about beta is that the beta of the overall market is one. A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one. Check out our latest analysis for STI India What does STINDIA’s beta value mean to investors? As it happens, STI India has a five year beta of 0.99. This is fairly close to 1, so the stock has historically shown a somewhat similar level of volatility as the market. Using history as a guide, we might surmise that the share price is likely to be influenced by market voltility going forward but it probably won’t be particularly sensitive to it. Share price volatility is well worth considering, but most long term investors consider the history of revenue and earnings growth to be more important. Take a look at how STI India fares in that regard, below. NSEI:STINDIA Income Statement Export January 2nd 19 Could STINDIA’s size cause it to be more volatile? STI India is a rather small company. It has a market capitalisation of ₹389m, which means it is probably under the radar of most investors. It doesn’t take much money to really move the share price of a company as small as this one. That makes it somewhat unusual that it has a beta value so close to the overall market. What this means for you: STI India has a beta value quite close to that of the overall market. That doesn’t tell us much on its own, so it is probably worth considering whether the company is growing, if you’re looking for stocks that will go up more than the overall market. This article aims to educate investors about beta values, but it’s well worth looking at important company-specific fundamentals such as STI India’s financial health and performance track record. I highly recommend you dive deeper by considering the following: Story continues Financial Health : Are STINDIA’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here . Past Track Record : Has STINDIA been consistently performing well irrespective of the ups and downs in the market? Go into more detail in the past performance analysis and take a look at the free visual representations of STINDIA’s historicals for more clarity. Other High-Performing Stocks : Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here . To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements. The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at . View comments
相关推荐
-
ZoomInfo IPO: What You Need To Know
-
How Does Ensign Group's (NASDAQ:ENSG) P/E Compare To Its Industry, After The Share Price Drop?
-
GE Aviation Furloughs Half Its Engine Manufacturing Workforce Amid Coronavirus Pandemic
-
ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against GFL Environmental Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm
-
Insider Buying: The Viad Corp (NYSE:VVI) CEO, President & Director Just Bought US$220k Worth Of Shares
-
Buy Ferrari Stock After Scuderia-Velas NFT deal?
- 最近发表
-
- Amazon's (AMZN) Latest ML Services Boost Its AWS Portfolio
- Coronavirus waivers sent to ‘The Bachelor’ live studio audience members
- Notification of Major Holdings
- Is It Too Late To Consider Buying KBC Group NV (EBR:KBC)?
- Clarivate Analytics Plc (CCC) Q1 Earnings and Revenues Miss Estimates
- European Stocks Seen Higher; U.S. Election in Spotlight
- SailPoint (SAIL) to Report Q3 Earnings: What's in the Offing?
- Wall Street falls as coronavirus shreds U.S. payrolls
- Does The Equitable Group Inc. (TSE:EQB) Share Price Fall With The Market?
- AppFolio (APPF) Q4 Earnings and Revenues Top Estimates
- 随机阅读
-
- Blockchain Could Make Dismantling Nuclear Warheads More Secure: UK Report
- Spotify Rolls Out Standalone Streaming On Apple Watch App: TechCrunch
- Mixed Near-Term Outlook for Agriculture Operations Industry
- Romios Completes 2020 Field Work in the Golden Triangle, Identifies Strong Alteration Zones at Recent Copper-Gold Discoveries on its TREK SOUTH and ANDREI EAST Porphyry Targets
- AUD/USD Weekly Price Forecast – Australian Dollar Rallies Significantly For The Week
- NEWSMAKER-So near yet so far for Malaysia's Anwar
- Insider Buying: The Domino's Pizza Group plc (LON:DOM) CEO & Director Just Bought UK£201k Worth Of Shares
- Technical Enzymes Market 2028 - Global Insights on Trends, Regulatory Landscape, Value Chain Analysis, Key Stakeholders, Growth Drivers and Future Outlook: Adroit Market Research
- California ballot initiative on gig workers could be among costliest in state's history
- DCP Midstream to Participate in Investor Conferences
- With EPS Growth And More, Anchorstone Holdings (HKG:1592) Is Interesting
- The Zacks Analyst Blog Highlights: Telenav, Forestar, Alpine Income Property Trust, Innovative Industrial Properties and MDU Resources
- Storms that slammed Central America in 2020 just a preview, climate change experts say
- TREASURIES-U.S. 10-year yield stays below 1% as coronavirus fears persist
- Energy Fuels Inc.'s (TSE:EFR) Intrinsic Value Is Potentially 96% Above Its Share Price
- Is Microsoft Corporation (MSFT) A Good Stock To Buy?
- HqO Launches Suite of Features to Facilitate Return to Work
- A2Z Technologies Lists on Frankfurt Stock Exchange
- ReSPECT Glioblastoma Clinical Trial Data to be Presented at 2020 Society for Neuro-Oncology Annual Meeting
- SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the Firm
- 搜索
-
- 友情链接
-
- Puerto Rico governor says seeking Title III bankruptcy for island
- Takeda's third-quarter profit rises 28 percent on strong sales of main drugs
- RBI deputy governor clarifies spreading mark-to-market losses lapsed on March 31
- Wiseway Group Limited (ASX:WWG) Is Employing Capital Very Effectively
- Jason Bateman says he nearly 'ran over' Michael Jackson with his bicycle as a kid
- Saudi PIF entertainment company plans to build leisure complex in Riyadh
- 12 Financial Mistakes Your Company Is Probably Making
- Star Wars Force Awakens premiere: Kathleen Kennedy's emotional speech
- Watch Liam Gallagher Perform Oasis’ ‘Roll It Over’ for the First Time at Tour-Opening Gig
- What Investors Should Know About Cpl Resources plc’s (ISE:DQ5) Financial Strength