Posted On: December 23, 2024
#NDTV (NSE) Stock Report | 23 Dec 2024
About NDTV:
New Delhi Television Ltd is in the business of television media and currently operates three channels including a dual channel namely NDTV 24×7, NDTV India and NDTV Profit. The subsidiaries of the company include NDTV Convergence Ltd and NDTV Worldwide Ltd offers consultancy for setting up of local television news channels in emerging markets across the world. The company also has associates and joint venture engaged into different e-commerce businesses on various platforms such as www.Gadgets360.com and www.mojarto.com.
Forecast and Trend of the Stock:
Forecasting in investment involves historical data and analysis to make predictions about future market trends, asset prices, and economic conditions. Investors utilize this tool to assess risks and opportunities, allocate their capital wisely, and determine the most suitable investment strategies. Additionally, forecasting helps investors adjust their portfolios to align with their financial goals and risk tolerance.
#xCalData predicts that #NDTV will continue its bearish phase over the next five days and trend within the range of 155 to 168.
Price History of the Stock:
In comparison to the previous month, the price of the stock has experienced a decline of 3.26% indicating a bearish.
Historical stock prices can reveal patterns and trends that help investors make informed decisions. Studying past performance can provide valuable insights into potential future movements.
Historical Doubling Period:
The NDTV Stock has doubled twice since 11 Dec 2015 and took an average of 3.4 years to double.
The historical doubling period, within the realm of finance, serves as a metric to gauge the duration it took for an investment, whether it’s a stock or any other asset, to increase in value twofold over a specified historical timeframe. It provides valuable insight into the growth rate and performance of an investment during that specific period.
Seasonality:
The stock has not shown seasonality trend in the past.
Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past.
Seasonality in the stock market is a fascinating phenomenon that has intrigued investors and analysts for generations. It involves the recurring patterns and trends in stock prices at specific times of the year. Understanding stock market seasonality can offer valuable insights for investors, guiding them in making informed decisions and optimizing their investment strategies. In this blog, we’ll explore what seasonality means in the context of the stock market and provide real-world examples to illustrate its significance.
Technical Indicators:
Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely Normalized ATR indicate Bullish view.
Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days.
Technical indicators are essential tools used in technical analysis to help traders and investors make informed decisions in the financial markets. These indicators are typically derived from price, volume, or open interest data and are used to forecast future price movements or trends. They offer valuable insights into market behavior and can assist in entry and exit points for trading strategies.
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