Tourism Finance (India) Today
Tourism Finance is trading at 171.30 as of the 6th of May 2024, a -5.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 171.3. Equity ratings for Tourism Finance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of November 2023 and ending today, the 6th of May 2024. Click here to learn more.
Valuation
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Tourism 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. Tourism Finance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tourism Finance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Senior President | Rajiv Singh |
| Business Concentration | Financials, Consumer Finance, Credit Services (View all Sectors) |
Tourism Finance (TFCILTD) is traded on National Stock Exchange of India in India and employs 35 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tourism Finance's market, we take the total number of its shares issued and multiply it by Tourism Finance'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. Tourism Finance has 90.37 M outstanding shares.
Tourism Finance has accumulated about 1.63 B in cash with (1.37 B) of positive cash flow from operations.
Check Tourism Finance Probability Of Bankruptcy
Tourism Stock Against Markets
Picking the right benchmark for Tourism Finance 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 Tourism Finance 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 Tourism Finance is critical whether you are bullish or bearish towards Tourism Finance at a given time. Please also check how Tourism Finance's historical prices are related to one of the top price index indicators.
Tourism Finance Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tourism Finance stock to make a market-neutral strategy. Peer analysis of Tourism Finance could also be used in its relative valuation, which is a method of valuing Tourism Finance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Tourism Stock?
Before investing in Tourism Finance, 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 Tourism Finance. To buy Tourism Finance stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tourism Finance. 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 Tourism Finance stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tourism Finance 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 Tourism Finance 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 Tourism Finance, 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 Tourism Finance?
The danger of trading Tourism Finance 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 Tourism Finance 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 Tourism Finance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tourism Finance 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. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Tourism Stock analysis
When running Tourism Finance's price analysis, check to measure Tourism Finance'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 Tourism Finance is operating at the current time. Most of Tourism Finance's value examination focuses on studying past and present price action to predict the probability of Tourism Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tourism Finance's price. Additionally, you may evaluate how the addition of Tourism Finance to your portfolios can decrease your overall portfolio volatility.
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