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Relaxo Footwears Limited
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Let's analyze Relaxo Footwears Limited together

I guess you are interested in Relaxo Footwears Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Relaxo Footwears Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Relaxo Footwears Limited (30 sec.)










What can you expect buying and holding a share of Relaxo Footwears Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.12
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
INR74.52
Expected worth in 1 year
INR89.76
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR25.24
Return On Investment
3.1%

For what price can you sell your share?

Current Price per Share
INR826.45
Expected price per share
INR760.00 - INR861.30
How sure are you?
50%
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1. Valuation of Relaxo Footwears Limited (5 min.)




Live pricePrice per Share (EOD)

INR826.45

Intrinsic Value Per Share

INR50.52 - INR120.68

Total Value Per Share

INR125.04 - INR195.20

2. Growth of Relaxo Footwears Limited (5 min.)




Is Relaxo Footwears Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$222.6m$211.2m$11.3m5.1%

How much money is Relaxo Footwears Limited making?

Current yearPrevious yearGrowGrow %
Making money$18.5m$27.9m-$9.3m-50.6%
Net Profit Margin5.6%8.8%--

How much money comes from the company's main activities?

3. Financial Health of Relaxo Footwears Limited (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  


Richest
#159 / 387

Most Revenue
#133 / 387

Most Profit
#132 / 387

Most Efficient
#164 / 387
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What can you expect buying and holding a share of Relaxo Footwears Limited? (5 min.)

Welcome investor! Relaxo Footwears Limited's management wants to use your money to grow the business. In return you get a share of Relaxo Footwears Limited.

What can you expect buying and holding a share of Relaxo Footwears Limited?

First you should know what it really means to hold a share of Relaxo Footwears Limited. And how you can make/lose money.

Speculation

The Price per Share of Relaxo Footwears Limited is INR826.45. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Relaxo Footwears Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Relaxo Footwears Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR74.52. Based on the TTM, the Book Value Change Per Share is INR3.81 per quarter. Based on the YOY, the Book Value Change Per Share is INR7.42 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR2.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Relaxo Footwears Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.070.0%0.070.0%0.110.0%0.100.0%0.080.0%
Usd Book Value Change Per Share0.050.0%0.050.0%0.090.0%0.110.0%0.090.0%
Usd Dividend Per Share0.030.0%0.030.0%0.030.0%0.020.0%0.010.0%
Usd Total Gains Per Share0.080.0%0.080.0%0.120.0%0.130.0%0.100.0%
Usd Price Per Share10.19-10.19-12.78-9.98-7.94-
Price to Earnings Ratio136.81-136.81-113.96-100.11-104.64-
Price-to-Total Gains Ratio134.54-134.54-107.46-86.22-89.24-
Price to Book Ratio11.39-11.39-15.06-13.87-19.95-
Price-to-Total Gains Ratio134.54-134.54-107.46-86.22-89.24-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.9174
Number of shares100
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.02
Usd Book Value Change Per Share0.050.11
Usd Total Gains Per Share0.080.13
Gains per Quarter (100 shares)7.5712.56
Gains per Year (100 shares)30.2950.25
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112182084240
2243750168490
336558024126140
4487311032168190
5609114041211240
67211017049253290
78412820057295340
89614623065337390
910816526073379440
1012018329081421490

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%9.00.01.090.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Relaxo Footwears Limited

About Relaxo Footwears Limited

Relaxo Footwears Limited manufactures and sells footwear for men, women, and children worldwide. It offers footwear, which includes slippers, canvas shoes, rubber flip flops, EVA injected flip flops, PVC DIP shoes, sport shoes, sandals, and PVC DIP casuals. The company operates a portfolio of brands, such as Relaxo, Bahamas, Flite, Sparx, and Schoolmate. It sells its products through distributors and retail stores; and e-commerce platforms. The company also exports its products. Relaxo Footwears Limited was founded in 1976 and is based in New Delhi, India.

Fundamental data was last updated by Penke on 2024-06-23 13:38:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.
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1.1. Profitability of Relaxo Footwears Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Relaxo Footwears Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • A Net Profit Margin of 5.6%¬†means that¬†₹0.06 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Relaxo Footwears Limited:

  • The MRQ is 5.6%. The company is making a profit. +1
  • The TTM is 5.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY8.8%-3.2%
TTM5.6%5Y8.7%-3.2%
5Y8.7%10Y7.9%+0.9%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%5.5%+0.1%
TTM5.6%5.1%+0.5%
YOY8.8%5.8%+3.0%
5Y8.7%6.0%+2.7%
10Y7.9%6.1%+1.8%
1.1.2. Return on Assets

Shows how efficient Relaxo Footwears Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • 6.2% Return on Assets means that¬†Relaxo Footwears Limited generated¬†₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Relaxo Footwears Limited:

  • The MRQ is 6.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 6.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ6.2%TTM6.2%0.0%
TTM6.2%YOY9.8%-3.6%
TTM6.2%5Y10.5%-4.3%
5Y10.5%10Y11.1%-0.6%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ6.2%1.1%+5.1%
TTM6.2%1.0%+5.2%
YOY9.8%1.4%+8.4%
5Y10.5%1.2%+9.3%
10Y11.1%1.3%+9.8%
1.1.3. Return on Equity

Shows how efficient Relaxo Footwears Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • 8.3% Return on Equity means Relaxo Footwears Limited generated ₹0.08¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Relaxo Footwears Limited:

  • The MRQ is 8.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.3%TTM8.3%0.0%
TTM8.3%YOY13.2%-4.9%
TTM8.3%5Y14.7%-6.4%
5Y14.7%10Y19.1%-4.4%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ8.3%3.5%+4.8%
TTM8.3%3.2%+5.1%
YOY13.2%4.6%+8.6%
5Y14.7%3.7%+11.0%
10Y19.1%3.7%+15.4%
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1.2. Operating Efficiency of Relaxo Footwears Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Relaxo Footwears Limited is operating .

  • Measures how much profit Relaxo Footwears Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Relaxo Footwears Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y6.4%-6.4%
5Y6.4%10Y9.1%-2.7%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-7.6%-7.6%
5Y6.4%5.2%+1.2%
10Y9.1%6.8%+2.3%
1.2.2. Operating Ratio

Measures how efficient Relaxo Footwears Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.52 means that the operating costs are ₹0.52 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Relaxo Footwears Limited:

  • The MRQ is 0.515. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.515. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.515TTM0.5150.000
TTM0.515YOY0.494+0.021
TTM0.5155Y0.836-0.321
5Y0.83610Y1.121-0.285
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5151.231-0.716
TTM0.5151.253-0.738
YOY0.4941.242-0.748
5Y0.8361.264-0.428
10Y1.1211.363-0.242
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1.3. Liquidity of Relaxo Footwears Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Relaxo Footwears Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 2.54¬†means the company has ₹2.54 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Relaxo Footwears Limited:

  • The MRQ is 2.536. The company is able to pay all its short-term debts. +1
  • The TTM is 2.536. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.536TTM2.5360.000
TTM2.536YOY2.575-0.039
TTM2.5365Y2.200+0.336
5Y2.20010Y1.705+0.495
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5361.422+1.114
TTM2.5361.475+1.061
YOY2.5751.553+1.022
5Y2.2001.542+0.658
10Y1.7051.496+0.209
1.3.2. Quick Ratio

Measures if Relaxo Footwears Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • A Quick Ratio of 1.59¬†means the company can pay off ₹1.59 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Relaxo Footwears Limited:

  • The MRQ is 1.589. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.589. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.589TTM1.5890.000
TTM1.589YOY1.308+0.281
TTM1.5895Y1.146+0.443
5Y1.14610Y0.740+0.406
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5890.564+1.025
TTM1.5890.571+1.018
YOY1.3080.578+0.730
5Y1.1460.604+0.542
10Y0.7400.603+0.137
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1.4. Solvency of Relaxo Footwears Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Relaxo Footwears Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Relaxo Footwears Limited to Other industry mean.
  • A Debt to Asset Ratio of 0.26¬†means that Relaxo Footwears Limited assets are¬†financed with 25.6% credit (debt) and the remaining percentage (100% - 25.6%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Relaxo Footwears Limited:

  • The MRQ is 0.256. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.256. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.256TTM0.2560.000
TTM0.256YOY0.261-0.005
TTM0.2565Y0.284-0.027
5Y0.28410Y0.390-0.106
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2560.527-0.271
TTM0.2560.525-0.269
YOY0.2610.552-0.291
5Y0.2840.561-0.277
10Y0.3900.565-0.175
1.4.2. Debt to Equity Ratio

Measures if Relaxo Footwears Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • A Debt to Equity ratio of 34.5% means that company has ₹0.34 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Relaxo Footwears Limited:

  • The MRQ is 0.345. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.345. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.345TTM0.3450.000
TTM0.345YOY0.354-0.009
TTM0.3455Y0.397-0.053
5Y0.39710Y0.712-0.314
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3451.113-0.768
TTM0.3451.105-0.760
YOY0.3541.201-0.847
5Y0.3971.327-0.930
10Y0.7121.458-0.746
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2. Market Valuation of Relaxo Footwears Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Relaxo Footwears Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Relaxo Footwears Limited to the¬†Other industry mean.
  • A PE ratio of 136.81 means the investor is paying ₹136.81¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Relaxo Footwears Limited:

  • The EOD is 133.188. Based on the earnings, the company is expensive. -2
  • The MRQ is 136.806. Based on the earnings, the company is expensive. -2
  • The TTM is 136.806. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD133.188MRQ136.806-3.618
MRQ136.806TTM136.8060.000
TTM136.806YOY113.957+22.848
TTM136.8065Y100.114+36.692
5Y100.11410Y104.644-4.530
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD133.18813.257+119.931
MRQ136.80611.733+125.073
TTM136.80611.375+125.431
YOY113.95711.340+102.617
5Y100.11412.178+87.936
10Y104.64412.710+91.934
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Relaxo Footwears Limited:

  • The EOD is 95.744. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 98.345. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 98.345. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD95.744MRQ98.345-2.601
MRQ98.345TTM98.3450.000
TTM98.345YOY-317.476+415.821
TTM98.3455Y104.229-5.884
5Y104.22910Y84.502+19.727
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD95.7445.424+90.320
MRQ98.3454.940+93.405
TTM98.3454.211+94.134
YOY-317.4761.958-319.434
5Y104.2292.653+101.576
10Y84.5023.588+80.914
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Relaxo Footwears Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 11.39 means the investor is paying ₹11.39¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Relaxo Footwears Limited:

  • The EOD is 11.091. Based on the equity, the company is expensive. -2
  • The MRQ is 11.392. Based on the equity, the company is expensive. -2
  • The TTM is 11.392. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD11.091MRQ11.392-0.301
MRQ11.392TTM11.3920.000
TTM11.392YOY15.065-3.673
TTM11.3925Y13.870-2.478
5Y13.87010Y19.955-6.084
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD11.0911.679+9.412
MRQ11.3921.376+10.016
TTM11.3921.357+10.035
YOY15.0651.412+13.653
5Y13.8701.567+12.303
10Y19.9551.650+18.305
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Relaxo Footwears Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.8103.8100%7.418-49%8.776-57%7.452-49%
Book Value Per Share--74.51874.5180%70.709+5%60.843+22%40.490+84%
Current Ratio--2.5362.5360%2.575-1%2.200+15%1.705+49%
Debt To Asset Ratio--0.2560.2560%0.261-2%0.284-10%0.390-34%
Debt To Equity Ratio--0.3450.3450%0.354-2%0.397-13%0.712-52%
Dividend Per Share--2.5002.5000%2.495+0%1.692+48%0.985+154%
Eps--6.2056.2050%9.347-34%8.691-29%6.640-7%
Free Cash Flow Per Share--8.6328.6320%-3.355+139%6.079+42%3.803+127%
Free Cash Flow To Equity Per Share--3.0703.0700%-6.158+301%1.774+73%0.857+258%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--120.684--------
Intrinsic Value_10Y_min--50.523--------
Intrinsic Value_1Y_max--8.108--------
Intrinsic Value_1Y_min--5.883--------
Intrinsic Value_3Y_max--27.397--------
Intrinsic Value_3Y_min--17.070--------
Intrinsic Value_5Y_max--50.350--------
Intrinsic Value_5Y_min--27.507--------
Market Cap205324890900.000-3%211323969051.000211323969051.0000%265156028460.000-20%206911069905.200+2%164398357552.600+29%
Net Profit Margin--0.0560.0560%0.088-37%0.087-37%0.079-29%
Operating Margin----0%-0%0.064-100%0.091-100%
Operating Ratio--0.5150.5150%0.494+4%0.836-38%1.121-54%
Pb Ratio11.091-3%11.39211.3920%15.065-24%13.870-18%19.955-43%
Pe Ratio133.188-3%136.806136.8060%113.957+20%100.114+37%104.644+31%
Price Per Share826.450-3%848.900848.9000%1065.200-20%832.080+2%661.340+28%
Price To Free Cash Flow Ratio95.744-3%98.34598.3450%-317.476+423%104.229-6%84.502+16%
Price To Total Gains Ratio130.982-3%134.540134.5400%107.456+25%86.219+56%89.243+51%
Quick Ratio--1.5891.5890%1.308+22%1.146+39%0.740+115%
Return On Assets--0.0620.0620%0.098-37%0.105-41%0.111-44%
Return On Equity--0.0830.0830%0.132-37%0.147-44%0.191-56%
Total Gains Per Share--6.3106.3100%9.913-36%10.468-40%8.437-25%
Usd Book Value--222606000.000222606000.0000%211214400.000+5%181561200.000+23%120799794.000+84%
Usd Book Value Change Per Share--0.0460.0460%0.089-49%0.105-57%0.089-49%
Usd Book Value Per Share--0.8940.8940%0.849+5%0.730+22%0.486+84%
Usd Dividend Per Share--0.0300.0300%0.030+0%0.020+48%0.012+154%
Usd Eps--0.0740.0740%0.112-34%0.104-29%0.080-7%
Usd Free Cash Flow--25785600.00025785600.0000%-10022400.000+139%18130800.000+42%11342476.800+127%
Usd Free Cash Flow Per Share--0.1040.1040%-0.040+139%0.073+42%0.046+127%
Usd Free Cash Flow To Equity Per Share--0.0370.0370%-0.074+301%0.021+73%0.010+258%
Usd Market Cap2463898690.800-3%2535887628.6122535887628.6120%3181872341.520-20%2482932838.862+2%1972780290.631+29%
Usd Price Per Share9.917-3%10.18710.1870%12.782-20%9.985+2%7.936+28%
Usd Profit--18536400.00018536400.0000%27921600.000-34%25929600.000-29%19804593.600-6%
Usd Revenue--333932400.000333932400.0000%318392400.000+5%299946000.000+11%246052662.000+36%
Usd Total Gains Per Share--0.0760.0760%0.119-36%0.126-40%0.101-25%
 EOD+4 -4MRQTTM+0 -0YOY+17 -175Y+22 -1310Y+21 -14

3.2. Fundamental Score

Let's check the fundamental score of Relaxo Footwears Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15133.188
Price to Book Ratio (EOD)Between0-111.091
Net Profit Margin (MRQ)Greater than00.056
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.589
Current Ratio (MRQ)Greater than12.536
Debt to Asset Ratio (MRQ)Less than10.256
Debt to Equity Ratio (MRQ)Less than10.345
Return on Equity (MRQ)Greater than0.150.083
Return on Assets (MRQ)Greater than0.050.062
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Relaxo Footwears Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.067
Ma 20Greater thanMa 50829.868
Ma 50Greater thanMa 100825.726
Ma 100Greater thanMa 200828.477
OpenGreater thanClose826.000
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets24,947,900
Total Liabilities6,397,400
Total Stockholder Equity18,550,500
 As reported
Total Liabilities 6,397,400
Total Stockholder Equity+ 18,550,500
Total Assets = 24,947,900

Assets

Total Assets24,947,900
Total Current Assets11,936,300
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 102,700
Short-term Investments 2,005,900
Net Receivables 2,726,800
Inventory 5,722,600
Other Current Assets 1,457,300
Total Current Assets  (as reported)11,936,300
Total Current Assets  (calculated)12,015,300
+/- 79,000
Long-term Assets
Property Plant Equipment 12,072,400
Intangible Assets 319,400
Long-term Assets  (as reported)0
Long-term Assets  (calculated)12,391,800
+/- 12,391,800

Liabilities & Shareholders' Equity

Total Current Liabilities4,706,500
Long-term Liabilities0
Total Stockholder Equity18,550,500
Total Current Liabilities
Total Current Liabilities  (as reported)4,706,500
Total Current Liabilities  (calculated)0
+/- 4,706,500
Long-term Liabilities
Long term Debt Total 1,282,800
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)1,282,800
+/- 1,282,800
Total Stockholder Equity
Common Stock248,900
Retained Earnings 16,078,600
Capital Surplus 2,168,300
Other Stockholders Equity 49,900
Total Stockholder Equity (as reported)18,550,500
Total Stockholder Equity (calculated)18,545,700
+/- 4,800
Other
Cash And Equivalents637,400
Cash and Short Term Investments 2,746,000
Common Stock Shares Outstanding 248,939
Liabilities and Stockholders Equity 24,947,900
Net Working Capital 7,229,800



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
6,568,192
8,412,291
10,086,800
10,703,400
12,498,300
16,114,300
18,410,800
21,758,000
23,825,900
24,947,900
24,947,90023,825,90021,758,00018,410,80016,114,30012,498,30010,703,40010,086,8008,412,2916,568,192
   > Total Current Assets 
2,535,935
3,552,249
4,247,000
4,467,300
5,617,400
7,269,800
7,912,000
10,798,900
11,869,600
11,936,300
11,936,30011,869,60010,798,9007,912,0007,269,8005,617,4004,467,3004,247,0003,552,2492,535,935
       Cash And Cash Equivalents 
56,642
44,886
23,700
36,500
31,200
18,800
15,400
63,400
71,000
102,700
102,70071,00063,40015,40018,80031,20036,50023,70044,88656,642
       Short-term Investments 
0
0
0
0
5,000
13,800
0
3,379,800
1,694,100
2,005,900
2,005,9001,694,1003,379,800013,8005,0000000
       Net Receivables 
707,043
849,532
1,086,900
1,231,800
1,734,500
2,225,700
1,720,800
1,815,300
2,514,800
2,726,800
2,726,8002,514,8001,815,3001,720,8002,225,7001,734,5001,231,8001,086,900849,532707,043
       Inventory 
1,639,993
2,486,840
2,945,200
3,013,200
3,223,100
3,966,600
4,568,500
4,309,900
6,817,000
5,722,600
5,722,6006,817,0004,309,9004,568,5003,966,6003,223,1003,013,2002,945,2002,486,8401,639,993
       Other Current Assets 
90,176
122,864
88,400
61,100
21,000
30,800
50,400
13,500
54,000
1,457,300
1,457,30054,00013,50050,40030,80021,00061,10088,400122,86490,176
   > Long-term Assets 
0
0
0
6,228,600
6,880,900
8,844,500
10,498,800
0
0
0
00010,498,8008,844,5006,880,9006,228,600000
       Property Plant Equipment 
3,837,263
4,681,932
4,902,900
5,417,100
6,062,500
8,106,200
9,838,400
10,169,600
11,038,400
12,072,400
12,072,40011,038,40010,169,6009,838,4008,106,2006,062,5005,417,1004,902,9004,681,9323,837,263
       Long Term Investments 
601
601
5,000
7,000
0
0
0
0
0
0
0000007,0005,000601601
       Intangible Assets 
63,299
56,230
681,600
617,300
561,900
489,200
427,700
391,300
323,800
319,400
319,400323,800391,300427,700489,200561,900617,300681,60056,23063,299
       Long-term Assets Other 
0
0
0
0
167,000
0
0
0
0
0
00000167,0000000
> Total Liabilities 
3,802,574
4,734,114
5,190,400
4,639,700
4,886,200
5,063,600
5,686,800
6,033,900
6,224,700
6,397,400
6,397,4006,224,7006,033,9005,686,8005,063,6004,886,2004,639,7005,190,4004,734,1143,802,574
   > Total Current Liabilities 
2,311,749
2,946,201
3,700,500
3,598,700
4,148,600
4,629,100
4,133,000
4,490,900
4,610,200
4,706,500
4,706,5004,610,2004,490,9004,133,0004,629,1004,148,6003,598,7003,700,5002,946,2012,311,749
       Short-term Debt 
1,983,526
2,393,871
896,100
608,900
860,900
869,200
191,600
0
200,000
0
0200,0000191,600869,200860,900608,900896,1002,393,8711,983,526
       Short Long Term Debt 
1,983,526
2,393,871
2,363,900
1,738,800
1,209,400
1,120,000
191,600
0
0
0
000191,6001,120,0001,209,4001,738,8002,363,9002,393,8711,983,526
       Accounts payable 
586,861
925,828
1,223,700
1,257,000
1,749,000
1,718,200
1,837,900
0
0
0
0001,837,9001,718,2001,749,0001,257,0001,223,700925,828586,861
       Other Current Liabilities 
128,985
310,215
196,400
104,200
230,800
410,800
198,200
0
0
0
000198,200410,800230,800104,200196,400310,215128,985
   > Long-term Liabilities 
0
0
0
1,154,700
740,400
434,500
1,553,800
0
0
0
0001,553,800434,500740,4001,154,700000
       Long term Debt Total 
0
0
1,198,600
709,400
392,600
0
1,197,800
1,152,300
1,227,800
1,282,800
1,282,8001,227,8001,152,3001,197,8000392,600709,4001,198,60000
       Capital Lease Obligations 
0
0
0
0
0
0
1,473,900
0
0
0
0001,473,900000000
       Long-term Liabilities Other 
0
0
0
100,600
0
0
0
0
0
0
000000100,600000
> Total Stockholder Equity
2,765,618
3,678,177
4,896,400
6,063,700
7,612,100
11,050,700
12,724,000
15,724,100
17,601,200
18,550,500
18,550,50017,601,20015,724,10012,724,00011,050,7007,612,1006,063,7004,896,4003,678,1772,765,618
   Common Stock
60,006
60,006
120,000
120,100
120,300
124,000
248,200
248,400
248,900
248,900
248,900248,900248,400248,200124,000120,300120,100120,00060,00660,006
   Retained Earnings 
2,693,682
3,606,241
4,740,000
5,875,700
7,338,400
8,913,100
10,527,600
13,430,600
15,136,300
16,078,600
16,078,60015,136,30013,430,60010,527,6008,913,1007,338,4005,875,7004,740,0003,606,2412,693,682
   Capital Surplus 
0
0
8,400
36,300
105,400
1,937,600
1,865,300
1,944,500
2,162,000
2,168,300
2,168,3002,162,0001,944,5001,865,3001,937,600105,40036,3008,40000
   Treasury Stock0000000000
   Other Stockholders Equity 
4,536
4,536
0
31,600
48,000
76,000
82,900
27,200
30,300
49,900
49,90030,30027,20082,90076,00048,00031,60004,5364,536



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue27,827,700
Cost of Revenue-14,335,300
Gross Profit13,492,40013,492,400
 
Operating Income (+$)
Gross Profit13,492,400
Operating Expense-0
Operating Income2,140,80013,492,400
 
Operating Expense (+$)
Research Development0
Selling General Administrative10,008,300
Selling And Marketing Expenses0
Operating Expense010,008,300
 
Net Interest Income (+$)
Interest Income32,200
Interest Expense-0
Other Finance Cost-32,200
Net Interest Income0
 
Pretax Income (+$)
Operating Income2,140,800
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,100,1002,140,800
EBIT - interestExpense = 0
1,544,700
1,544,700
Interest Expense0
Earnings Before Interest and Taxes (EBIT)02,100,100
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax2,100,100
Tax Provision-555,400
Net Income From Continuing Ops01,544,700
Net Income1,544,700
Net Income Applicable To Common Shares1,544,700
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Relaxo Footwears Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Relaxo Footwears Limited. The general trend of Relaxo Footwears Limited is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Relaxo Footwears Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Relaxo Footwears Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 839.95 < 845.10 < 861.30.

The bearish price targets are: 810.00 > 762.50 > 760.00.

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Relaxo Footwears Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Relaxo Footwears Limited. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Relaxo Footwears Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Relaxo Footwears Limited. The current macd is 1.42194558.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Relaxo Footwears Limited price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Relaxo Footwears Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Relaxo Footwears Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Relaxo Footwears Limited Daily Moving Average Convergence/Divergence (MACD) ChartRelaxo Footwears Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Relaxo Footwears Limited. The current adx is 12.68.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Relaxo Footwears Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Relaxo Footwears Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Relaxo Footwears Limited. The current sar is 818.00.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Relaxo Footwears Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Relaxo Footwears Limited. The current rsi is 49.07. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Relaxo Footwears Limited Daily Relative Strength Index (RSI) ChartRelaxo Footwears Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Relaxo Footwears Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Relaxo Footwears Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Relaxo Footwears Limited Daily Stochastic Oscillator ChartRelaxo Footwears Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Relaxo Footwears Limited. The current cci is -96.97565594.

Relaxo Footwears Limited Daily Commodity Channel Index (CCI) ChartRelaxo Footwears Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Relaxo Footwears Limited. The current cmo is -6.17371699.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Relaxo Footwears Limited Daily Chande Momentum Oscillator (CMO) ChartRelaxo Footwears Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Relaxo Footwears Limited. The current willr is -63.56589147.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Relaxo Footwears Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Relaxo Footwears Limited Daily Williams %R ChartRelaxo Footwears Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Relaxo Footwears Limited.

Relaxo Footwears Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Relaxo Footwears Limited. The current atr is 15.05.

Relaxo Footwears Limited Daily Average True Range (ATR) ChartRelaxo Footwears Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Relaxo Footwears Limited. The current obv is -620,073.

Relaxo Footwears Limited Daily On-Balance Volume (OBV) ChartRelaxo Footwears Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Relaxo Footwears Limited. The current mfi is 52.48.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Relaxo Footwears Limited Daily Money Flow Index (MFI) ChartRelaxo Footwears Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Relaxo Footwears Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-06-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Relaxo Footwears Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Relaxo Footwears Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.067
Ma 20Greater thanMa 50829.868
Ma 50Greater thanMa 100825.726
Ma 100Greater thanMa 200828.477
OpenGreater thanClose826.000
Total1/5 (20.0%)
Penke

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