Page Industries (India) Today
PAGEIND Stock | 35,183 377.70 1.06% |
Performance0 of 100
| Odds Of DistressLess than 1
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Page Industries is trading at 35183.05 as of the 29th of April 2024, a -1.06 percent down since the beginning of the trading day. The stock's lowest day price was 35150.0. Page Industries has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Page Industries Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | Category Consumer Cyclical | Classification Consumer Discretionary |
Page Industries is entity of India. It is traded as Stock on NSE exchange. The company has 11.15 M outstanding shares. More on Page Industries Limited
Moving against Page Stock
0.53 | GANGOTRI | Gangotri Textiles | PairCorr |
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Page 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. Page Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Page Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MD CEO | V Sr | ||||
Business Concentration | Apparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Apparel Manufacturing, Consumer Cyclical (View all Sectors) | ||||
Page Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Page Industries' 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 Page Industries' financial leverage. It provides some insight into what part of Page Industries' total assets is financed by creditors.
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Page Industries Limited (PAGEIND) is traded on National Stock Exchange of India in India and employs 23,853 people. Page Industries is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 392.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Page Industries's market, we take the total number of its shares issued and multiply it by Page Industries'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. Page Industries operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 11.15 M outstanding shares.
Page Industries generates negative cash flow from operations
Check Page Industries Probability Of Bankruptcy
Ownership AllocationPage Industries has a total of 11.15 Million outstanding shares. Page Industries has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Page Ownership Details
Page Stock Price Odds Analysis
What are Page Industries' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Page Industries jumping above the current price in 90 days from now is about 69.76%. The Page Industries Limited probability density function shows the probability of Page Industries stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Page Industries has a beta of 0.0742 indicating as returns on the market go up, Page Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Page Industries Limited will be expected to be much smaller as well. Additionally, page Industries 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 Page Industries to move above the current price in 90 days from now is about 69.76 (This Page Industries Limited probability density function shows the probability of Page Stock to fall within a particular range of prices over 90 days) .
Page Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Page Industries market risk premium is the additional return an investor will receive from holding Page Industries 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 Page Industries. 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 Page Industries' alpha and beta are two of the key measurements used to evaluate Page Industries' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.09 | |||
Standard Deviation | 1.52 | |||
Variance | 2.32 | |||
Risk Adjusted Performance | (0.03) |
Page Stock Against Markets
Picking the right benchmark for Page Industries 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 Page Industries 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 Page Industries is critical whether you are bullish or bearish towards Page Industries Limited at a given time. Please also check how Page Industries' 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 Page Industries 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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Page Industries Corporate Management
Elected by the shareholders, the Page Industries' board of directors comprises two types of representatives: Page Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Page. The board's role is to monitor Page Industries' management team and ensure that shareholders' interests are well served. Page Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Page Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Gagan Sehgal | Chief Officer | Profile | |
Chandrasekar | Chief Officer | Profile | |
Murugesh | Company Officer | Profile | |
M Cariappa | Chief Officer | Profile | |
Ashok Cherian | Chief IT | Profile |
How to buy Page Stock?
Before investing in Page Industries, 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 Page Industries. To buy Page Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Page Industries. 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 Page Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Page Industries 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 Page Industries 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 Page Industries 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 Page Industries Limited?
The danger of trading Page Industries 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 Page Industries 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 Page Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Page 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Page Industries 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 gross domestic product. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Page Stock analysis
When running Page Industries' price analysis, check to measure Page Industries' 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 Page Industries is operating at the current time. Most of Page Industries' value examination focuses on studying past and present price action to predict the probability of Page Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Page Industries' price. Additionally, you may evaluate how the addition of Page Industries to your portfolios can decrease your overall portfolio volatility.
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