Tata Consultancy (India) Today
| TCS Stock | 3,864 43.05 1.13% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Tata Consultancy is trading at 3863.70 as of the 2nd of May 2024, a 1.13 percent up since the beginning of the trading day. The stock's lowest day price was 3798.4. Tata Consultancy 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 Tata Consultancy Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of March 2024 and ending today, the 2nd of May 2024. Click here to learn more.
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Tata 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. Tata Consultancy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tata Consultancy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Tata Consultancy Services (TCS) is traded on National Stock Exchange of India in India and employs 14 people. Tata Consultancy is listed under IT Consulting & Other Services category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 13.82 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tata Consultancy's market, we take the total number of its shares issued and multiply it by Tata Consultancy'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. Tata Consultancy Services operates under IT Services sector and is part of Information Technology industry. The entity has 3.62 B outstanding shares.
Tata Consultancy Services has accumulated about 110.32 B in cash with 466.55 B of positive cash flow from operations.
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Ownership AllocationTata Consultancy maintains a total of 3.62 Billion outstanding shares. Tata Consultancy Services has 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. 72.43 % of Tata Consultancy outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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.
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Tata Stock Price Odds Analysis
What are Tata Consultancy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Tata Consultancy jumping above the current price in 90 days from now is about 88.64%. The Tata Consultancy Services probability density function shows the probability of Tata Consultancy stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Tata Consultancy has a beta of 0.1551. This usually implies as returns on the market go up, Tata Consultancy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tata Consultancy Services will be expected to be much smaller as well. Additionally, tata Consultancy Services 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 Tata Consultancy to move above the current price in 90 days from now is about 88.64 (This Tata Consultancy Services probability density function shows the probability of Tata Stock to fall within a particular range of prices over 90 days) .
Tata Consultancy Services Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tata Consultancy market risk premium is the additional return an investor will receive from holding Tata Consultancy 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 Tata Consultancy. 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 Tata Consultancy's alpha and beta are two of the key measurements used to evaluate Tata Consultancy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.0 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.72 | |||
| Risk Adjusted Performance | (0.01) |
Tata Stock Against Markets
Picking the right benchmark for Tata Consultancy 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 Tata Consultancy 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 Tata Consultancy is critical whether you are bullish or bearish towards Tata Consultancy Services at a given time. Please also check how Tata Consultancy's historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
Tata Consultancy Corporate Management
Elected by the shareholders, the Tata Consultancy's board of directors comprises two types of representatives: Tata Consultancy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tata. The board's role is to monitor Tata Consultancy's management team and ensure that shareholders' interests are well served. Tata Consultancy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tata Consultancy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ganapathy MSc | COO Director | Profile | |
| MTech MSc | Chief Officer | Profile | |
| Kedar Shirali | Head Relations | Profile | |
| Samir Seksaria | Chief Officer | Profile | |
| Milind MTech | Chief Officer | Profile | |
| Pradeep Gaitonde | Company Officer | Profile |
How to buy Tata Stock?
Before investing in Tata Consultancy, 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 Tata Consultancy. To buy Tata Consultancy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tata Consultancy. 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 Tata Consultancy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tata Consultancy Services 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 Tata Consultancy Services 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 Tata Consultancy Services, 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 Tata Consultancy Services?
The danger of trading Tata Consultancy Services 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 Tata Consultancy 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 Tata Consultancy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tata Consultancy Services 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Consultancy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Tata Stock analysis
When running Tata Consultancy's price analysis, check to measure Tata Consultancy'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 Tata Consultancy is operating at the current time. Most of Tata Consultancy's value examination focuses on studying past and present price action to predict the probability of Tata Consultancy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tata Consultancy's price. Additionally, you may evaluate how the addition of Tata Consultancy to your portfolios can decrease your overall portfolio volatility.
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