Bodal Chemicals (India) Today
| BODALCHEM | 77.80 1.15 1.46% |
Performance0 of 100
| Odds Of DistressLess than 9
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Bodal Chemicals is trading at 77.80 as of the 2nd of May 2024. This is a -1.46% down since the beginning of the trading day. The stock's open price was 78.95. Bodal Chemicals 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 Bodal Chemicals Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of February 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Bodal Chemicals is entity of India. It is traded as Stock on NSE exchange. The company has 125.79 M outstanding shares. More on Bodal Chemicals Limited
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Bodal 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. Bodal Chemicals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bodal Chemicals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| MD Chairman | Sureshbhai Patel | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Specialty Chemicals, Basic Materials, Chemicals Makers, Synthetics, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | ||||
Bodal Chemicals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bodal Chemicals' 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 Bodal Chemicals' financial leverage. It provides some insight into what part of Bodal Chemicals' total assets is financed by creditors.
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Bodal Chemicals Limited (BODALCHEM) is traded on National Stock Exchange of India in India and employs 2,076 people. Bodal Chemicals is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bodal Chemicals's market, we take the total number of its shares issued and multiply it by Bodal Chemicals'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. Bodal Chemicals operates under Chemicals sector and is part of Materials industry. The entity has 125.79 M outstanding shares.
Bodal Chemicals generates positive cash flow from operations, but has no cash available
Check Bodal Chemicals Probability Of Bankruptcy
Ownership AllocationBodal Chemicals holds a total of 125.79 Million outstanding shares. Bodal Chemicals Limited shows 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. 60.67 percent of Bodal Chemicals outstanding shares that are owned by insiders signifies 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 secures, 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 Bodal Ownership Details
Bodal Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Bodal Chemicals jumping above the current price in 90 days from now is about 79.27%. The Bodal Chemicals Limited probability density function shows the probability of Bodal Chemicals stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Bodal Chemicals has a beta of 0.564 suggesting as returns on the market go up, Bodal Chemicals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bodal Chemicals Limited will be expected to be much smaller as well. Additionally, bodal Chemicals Limited 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 Bodal Chemicals to move above the current price in 90 days from now is about 79.27 (This Bodal Chemicals Limited probability density function shows the probability of Bodal Stock to fall within a particular range of prices over 90 days) .
Bodal Chemicals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bodal Chemicals market risk premium is the additional return an investor will receive from holding Bodal Chemicals 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 Bodal Chemicals. 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 Bodal Chemicals' alpha and beta are two of the key measurements used to evaluate Bodal Chemicals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.36 | |||
| Standard Deviation | 3.14 | |||
| Variance | 9.85 | |||
| Risk Adjusted Performance | 0.0046 |
Bodal Stock Against Markets
Picking the right benchmark for Bodal Chemicals 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 Bodal Chemicals 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 Bodal Chemicals is critical whether you are bullish or bearish towards Bodal Chemicals Limited at a given time. Please also check how Bodal Chemicals' 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 Bodal Chemicals 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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How to buy Bodal Stock?
Before investing in Bodal Chemicals, 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 Bodal Chemicals. To buy Bodal Chemicals stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bodal Chemicals. 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 Bodal Chemicals stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bodal Chemicals Limited 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 Bodal Chemicals Limited 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 Bodal Chemicals Limited, 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 Bodal Chemicals Limited?
The danger of trading Bodal Chemicals Limited 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 Bodal Chemicals 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 Bodal Chemicals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bodal Chemicals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bodal Chemicals Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Bodal Stock analysis
When running Bodal Chemicals' price analysis, check to measure Bodal Chemicals' 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 Bodal Chemicals is operating at the current time. Most of Bodal Chemicals' value examination focuses on studying past and present price action to predict the probability of Bodal Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bodal Chemicals' price. Additionally, you may evaluate how the addition of Bodal Chemicals to your portfolios can decrease your overall portfolio volatility.
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