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Aavas Financiers Limited
Buy, Hold or Sell?

Let's analyse Aavas together

PenkeI guess you are interested in Aavas Financiers 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 Aavas Financiers 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Aavas (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR412.95
Expected worth in 1 year
INR648.38
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR235.43
Return On Investment
17.9%

For what price can you sell your share?

Current Price per Share
INR1,315.65
Expected price per share
INR0 - INR1,336
How sure are you?
50%

1. Valuation of Aavas (5 min.)




Live pricePrice per Share (EOD)

INR1,315.65

Intrinsic Value Per Share

INR-2,480.43 - INR-2,586.05

Total Value Per Share

INR-2,067.48 - INR-2,173.10

2. Growth of Aavas (5 min.)




Is Aavas growing?

Current yearPrevious yearGrowGrow %
How rich?$392.3m$336.7m$55.5m14.2%

How much money is Aavas making?

Current yearPrevious yearGrowGrow %
Making money$51.5m$42.6m$8.9m17.3%
Net Profit Margin29.7%32.0%--

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

3. Financial Health of Aavas (5 min.)




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




  Industry Rankings (Mortgage Finance)  


Richest
#30 / 53

Most Revenue
#26 / 53

Most Profit
#18 / 53

What can you expect buying and holding a share of Aavas? (5 min.)

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

What can you expect buying and holding a share of Aavas?

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

Speculation

The Price per Share of Aavas is INR1,316. 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 Aavas.
  • 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 Aavas, 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 INR412.95. Based on the TTM, the Book Value Change Per Share is INR58.86 per quarter. Based on the YOY, the Book Value Change Per Share is INR50.73 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Aavas.

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 Eps0.650.0%0.650.0%0.540.0%0.450.0%0.260.0%
Usd Book Value Change Per Share0.710.1%0.710.1%0.610.0%0.660.1%0.500.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.710.1%0.710.1%0.610.0%0.660.1%0.500.0%
Usd Price Per Share19.33-19.33-30.83-21.47-10.73-
Price to Earnings Ratio29.68-29.68-57.34-48.61-24.31-
Price-to-Total Gains Ratio27.37-27.37-50.65-37.94-37.94-
Price to Book Ratio3.90-3.90-7.26-5.72-2.86-
Price-to-Total Gains Ratio27.37-27.37-50.65-37.94-37.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share15.7878
Number of shares63
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.710.66
Usd Total Gains Per Share0.710.66
Gains per Quarter (63 shares)44.5041.45
Gains per Year (63 shares)177.99165.81
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101781680166156
203563460332322
305345240497488
407127020663654
508908800829820
60106810580995986
7012461236011611152
8014241414013261318
9016021592014921484
10017801770016581650

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 Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
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%

Fundamentals of Aavas

About Aavas Financiers Limited

Aavas Financiers Limited provides housing loans to customers belonging to low- and middle-income self-employed customers in semi-urban and rural areas in India. It offers home loans for flats, houses, and bungalows, as well as resale properties; land purchase and construction loans, including finance for self-construction of residential house; and home improvement loans, including loans for tiling or flooring, plaster, painting, etc. The company also provides home equity loans; and micro, small, and medium enterprise loans for business expansion, purchase of equipment, working capital, etc., as well as home loan balance transfer, and emergency credit line guarantee scheme products. The company was formerly known as AU Housing Finance Limited and changed its name to Aavas Financiers Limited in May 2017. Aavas Financiers Limited was incorporated in 2011 and is based in Jaipur, India.

Fundamental data was last updated by Penke on 2024-03-23 05:19:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less 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 operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Aavas Financiers Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Aavas earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Aavas to the Mortgage Finance industry mean.
  • A Net Profit Margin of 29.7% means that ₹0.30 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Aavas Financiers Limited:

  • The MRQ is 29.7%. The company is making a huge profit. +2
  • The TTM is 29.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ29.7%TTM29.7%0.0%
TTM29.7%YOY32.0%-2.3%
TTM29.7%5Y30.7%-1.0%
5Y30.7%10Y24.2%+6.5%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ29.7%51.3%-21.6%
TTM29.7%53.3%-23.6%
YOY32.0%50.6%-18.6%
5Y30.7%55.0%-24.3%
10Y24.2%47.7%-23.5%
1.1.2. Return on Assets

Shows how efficient Aavas is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Aavas to the Mortgage Finance industry mean.
  • 3.2% Return on Assets means that Aavas generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Aavas Financiers Limited:

  • The MRQ is 3.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.2%0.0%
TTM3.2%YOY3.2%0.0%
TTM3.2%5Y3.2%0.0%
5Y3.2%10Y2.6%+0.6%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%0.1%+3.1%
TTM3.2%0.1%+3.1%
YOY3.2%0.1%+3.1%
5Y3.2%0.2%+3.0%
10Y2.6%0.1%+2.5%
1.1.3. Return on Equity

Shows how efficient Aavas is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Aavas to the Mortgage Finance industry mean.
  • 13.1% Return on Equity means Aavas generated ₹0.13 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Aavas Financiers Limited:

  • The MRQ is 13.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.1%TTM13.1%0.0%
TTM13.1%YOY12.7%+0.5%
TTM13.1%5Y11.9%+1.3%
5Y11.9%10Y12.3%-0.5%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ13.1%5.1%+8.0%
TTM13.1%6.1%+7.0%
YOY12.7%6.9%+5.8%
5Y11.9%13.6%-1.7%
10Y12.3%12.5%-0.2%

1.2. Operating Efficiency of Aavas Financiers Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Aavas is operating .

  • Measures how much profit Aavas 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 Aavas to the Mortgage Finance industry mean.
  • An Operating Margin of 17.2% means the company generated ₹0.17  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Aavas Financiers Limited:

  • The MRQ is 17.2%. The company is operating efficient. +1
  • The TTM is 17.2%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ17.2%TTM17.2%0.0%
TTM17.2%YOY31.4%-14.3%
TTM17.2%5Y25.4%-8.2%
5Y25.4%10Y26.1%-0.7%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ17.2%21.0%-3.8%
TTM17.2%17.5%-0.3%
YOY31.4%27.7%+3.7%
5Y25.4%25.2%+0.2%
10Y26.1%26.8%-0.7%
1.2.2. Operating Ratio

Measures how efficient Aavas is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Mortgage Finance industry mean).
  • An Operation Ratio of 0.73 means that the operating costs are ₹0.73 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Aavas Financiers Limited:

  • The MRQ is 0.725. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.725. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.725TTM0.7250.000
TTM0.725YOY0.743-0.018
TTM0.7255Y0.741-0.015
5Y0.74110Y0.739+0.002
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7250.579+0.146
TTM0.7250.725+0.000
YOY0.7430.752-0.009
5Y0.7410.659+0.082
10Y0.7390.665+0.074

1.3. Liquidity of Aavas Financiers Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Aavas is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Mortgage Finance industry mean).
  • A Current Ratio of 1,496.30 means the company has ₹1,496.30 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Aavas Financiers Limited:

  • The MRQ is 1,496.303. The company is very able to pay all its short-term debts. +2
  • The TTM is 1,496.303. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ1,496.303TTM1,496.3030.000
TTM1,496.303YOY2.355+1,493.948
TTM1,496.3035Y317.087+1,179.216
5Y317.08710Y161.018+156.068
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ1,496.30314.710+1,481.593
TTM1,496.30337.702+1,458.601
YOY2.3552.525-0.170
5Y317.08738.137+278.950
10Y161.01830.991+130.027
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Aavas to the Mortgage Finance industry mean.
  • A Quick Ratio of 335.96 means the company can pay off ₹335.96 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Aavas Financiers Limited:

  • The MRQ is 335.957. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 335.957. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ335.957TTM335.9570.000
TTM335.957YOY2.581+333.376
TTM335.9575Y86.534+249.422
5Y86.53410Y46.782+39.752
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ335.9573.339+332.618
TTM335.95741.352+294.605
YOY2.5813.145-0.564
5Y86.53435.139+51.395
10Y46.78239.955+6.827

1.4. Solvency of Aavas Financiers Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Aavas assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Aavas to Mortgage Finance industry mean.
  • A Debt to Asset Ratio of 0.76 means that Aavas assets are financed with 75.6% credit (debt) and the remaining percentage (100% - 75.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Aavas Financiers Limited:

  • The MRQ is 0.756. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.756. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.756TTM0.7560.000
TTM0.756YOY0.745+0.011
TTM0.7565Y0.727+0.030
5Y0.72710Y0.774-0.047
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7560.964-0.208
TTM0.7560.948-0.192
YOY0.7450.946-0.201
5Y0.7270.947-0.220
10Y0.7740.933-0.159
1.4.2. Debt to Equity Ratio

Measures if Aavas is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Aavas to the Mortgage Finance industry mean.
  • A Debt to Equity ratio of 310.1% means that company has ₹3.10 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Aavas Financiers Limited:

  • The MRQ is 3.101. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.101. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.101TTM3.1010.000
TTM3.101YOY2.926+0.175
TTM3.1015Y2.694+0.407
5Y2.69410Y4.047-1.353
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ3.10129.828-26.727
TTM3.10127.007-23.906
YOY2.92629.454-26.528
5Y2.69425.735-23.041
10Y4.04721.065-17.018

2. Market Valuation of Aavas Financiers 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 Aavas generates.

  • Above 15 is considered overpriced but always compare Aavas to the Mortgage Finance industry mean.
  • A PE ratio of 29.68 means the investor is paying ₹29.68 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Aavas Financiers Limited:

  • The EOD is 24.246. Based on the earnings, the company is fair priced.
  • The MRQ is 29.684. Based on the earnings, the company is overpriced. -1
  • The TTM is 29.684. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD24.246MRQ29.684-5.438
MRQ29.684TTM29.6840.000
TTM29.684YOY57.336-27.652
TTM29.6845Y48.615-18.930
5Y48.61510Y24.307+24.307
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
EOD24.2462.274+21.972
MRQ29.6841.649+28.035
TTM29.6841.120+28.564
YOY57.3368.682+48.654
5Y48.61518.078+30.537
10Y24.30711.419+12.888
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -5.333. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.529. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.529. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-5.333MRQ-6.529+1.196
MRQ-6.529TTM-6.5290.000
TTM-6.529YOY-17.698+11.169
TTM-6.5295Y-11.392+4.863
5Y-11.39210Y-5.696-5.696
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
EOD-5.3332.464-7.797
MRQ-6.5291.737-8.266
TTM-6.5291.266-7.795
YOY-17.6980.132-17.830
5Y-11.3920.468-11.860
10Y-5.696-0.095-5.601
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Mortgage Finance industry mean).
  • A PB ratio of 3.90 means the investor is paying ₹3.90 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Aavas Financiers Limited:

  • The EOD is 3.186. Based on the equity, the company is fair priced.
  • The MRQ is 3.901. Based on the equity, the company is fair priced.
  • The TTM is 3.901. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.186MRQ3.901-0.715
MRQ3.901TTM3.9010.000
TTM3.901YOY7.256-3.356
TTM3.9015Y5.720-1.820
5Y5.72010Y2.860+2.860
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
EOD3.1860.487+2.699
MRQ3.9010.352+3.549
TTM3.9010.310+3.591
YOY7.2560.418+6.838
5Y5.7201.656+4.064
10Y2.8600.907+1.953
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Aavas Financiers 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--58.85858.8580%50.729+16%54.831+7%41.295+43%
Book Value Per Share--412.951412.9510%354.092+17%313.524+32%182.951+126%
Current Ratio--1496.3031496.3030%2.355+63435%317.087+372%161.018+829%
Debt To Asset Ratio--0.7560.7560%0.745+1%0.727+4%0.774-2%
Debt To Equity Ratio--3.1013.1010%2.926+6%2.694+15%4.047-23%
Dividend Per Share----0%-0%-0%-0%
Eps--54.26354.2630%44.814+21%37.859+43%21.563+152%
Free Cash Flow Per Share---246.717-246.7170%-145.187-41%-168.384-32%-118.638-52%
Free Cash Flow To Equity Per Share---12.023-12.0230%59.644-120%23.554-151%19.022-163%
Gross Profit Margin--0.9750.9750%0.981-1%0.9800%0.9770%
Intrinsic Value_10Y_max---2586.049--------
Intrinsic Value_10Y_min---2480.426--------
Intrinsic Value_1Y_max---188.374--------
Intrinsic Value_1Y_min---196.360--------
Intrinsic Value_3Y_max---619.919--------
Intrinsic Value_3Y_min---638.686--------
Intrinsic Value_5Y_max---1116.490--------
Intrinsic Value_5Y_min---1130.999--------
Market Cap104120141042.400-22%127535963500.000127535963500.0000%203646898650.000-37%141664616687.600-10%70832308343.800+80%
Net Profit Margin--0.2970.2970%0.320-7%0.307-3%0.242+23%
Operating Margin--0.1720.1720%0.314-45%0.254-32%0.261-34%
Operating Ratio--0.7250.7250%0.743-2%0.741-2%0.739-2%
Pb Ratio3.186-22%3.9013.9010%7.256-46%5.720-32%2.860+36%
Pe Ratio24.246-22%29.68429.6840%57.336-48%48.615-39%24.307+22%
Price Per Share1315.650-22%1610.7501610.7500%2569.450-37%1789.140-10%894.570+80%
Price To Free Cash Flow Ratio-5.333+18%-6.529-6.5290%-17.698+171%-11.392+74%-5.696-13%
Price To Total Gains Ratio22.353-22%27.36727.3670%50.651-46%37.943-28%37.943-28%
Quick Ratio--335.957335.9570%2.581+12916%86.534+288%46.782+618%
Return On Assets--0.0320.0320%0.032-1%0.0320%0.026+22%
Return On Equity--0.1310.1310%0.127+4%0.119+11%0.123+7%
Total Gains Per Share--58.85858.8580%50.729+16%54.831+7%41.295+43%
Usd Book Value--392359200.000392359200.0000%336771636.000+17%297884061.600+32%173813383.200+126%
Usd Book Value Change Per Share--0.7060.7060%0.609+16%0.658+7%0.496+43%
Usd Book Value Per Share--4.9554.9550%4.249+17%3.762+32%2.195+126%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.6510.6510%0.538+21%0.454+43%0.259+152%
Usd Free Cash Flow---234414288.000-234414288.0000%-138084624.000-41%-159974224.800-32%-112699808.400-52%
Usd Free Cash Flow Per Share---2.961-2.9610%-1.742-41%-2.021-32%-1.424-52%
Usd Free Cash Flow To Equity Per Share---0.144-0.1440%0.716-120%0.283-151%0.228-163%
Usd Market Cap1249441692.509-22%1530431562.0001530431562.0000%2443762783.800-37%1699975400.251-10%849987700.126+80%
Usd Price Per Share15.788-22%19.32919.3290%30.833-37%21.470-10%10.735+80%
Usd Profit--51557256.00051557256.0000%42621672.000+21%35971586.400+43%20484313.200+152%
Usd Revenue--173678832.000173678832.0000%133290804.000+30%117212265.600+48%71502808.800+143%
Usd Total Gains Per Share--0.7060.7060%0.609+16%0.658+7%0.496+43%
 EOD+3 -5MRQTTM+0 -0YOY+18 -165Y+18 -1610Y+23 -11

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.246
Price to Book Ratio (EOD)Between0-13.186
Net Profit Margin (MRQ)Greater than00.297
Operating Margin (MRQ)Greater than00.172
Quick Ratio (MRQ)Greater than1335.957
Current Ratio (MRQ)Greater than11,496.303
Debt to Asset Ratio (MRQ)Less than10.756
Debt to Equity Ratio (MRQ)Less than13.101
Return on Equity (MRQ)Greater than0.150.131
Return on Assets (MRQ)Greater than0.050.032
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.479
Ma 20Greater thanMa 501,378.013
Ma 50Greater thanMa 1001,428.484
Ma 100Greater thanMa 2001,470.380
OpenGreater thanClose1,324.900
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Other Current Assets  49,310,299-49,250,84359,456-9,82549,63135,30584,936-16,862,310-16,777,374
Other Current Liabilities  15,75529,51045,265-37,7447,521-1,3636,158-280,369-274,211



Latest Balance Sheet

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

Summary
Total Assets134,096,091
Total Liabilities101,399,491
Total Stockholder Equity32,696,600
 As reported
Total Liabilities 101,399,491
Total Stockholder Equity+ 32,696,600
Total Assets = 134,096,091

Assets

Total Assets134,096,091
Total Current Assets128,846,632
Long-term Assets5,249,459
Total Current Assets
Cash And Cash Equivalents 1,776,477
Short-term Investments 12,151,864
Net Receivables 2,849,033
Total Current Assets  (as reported)128,846,632
Total Current Assets  (calculated)16,777,374
+/- 112,069,258
Long-term Assets
Property Plant Equipment 742,054
Intangible Assets 245,289
Other Assets 244,218
Long-term Assets  (as reported)5,249,459
Long-term Assets  (calculated)1,231,561
+/- 4,017,898

Liabilities & Shareholders' Equity

Total Current Liabilities86,110
Long-term Liabilities101,313,381
Total Stockholder Equity32,696,600
Total Current Liabilities
Short-term Debt 274,211
Short Long Term Debt 274,211
Accounts payable 86,110
Other Current Liabilities -274,211
Total Current Liabilities  (as reported)86,110
Total Current Liabilities  (calculated)360,321
+/- 274,211
Long-term Liabilities
Long term Debt Total 85,016,569
Capital Lease Obligations 465,879
Other Liabilities 2,440,595
Long-term Liabilities  (as reported)101,313,381
Long-term Liabilities  (calculated)87,923,043
+/- 13,390,338
Total Stockholder Equity
Common Stock790,569
Retained Earnings 14,382,948
Accumulated Other Comprehensive Income 3,926,762
Capital Surplus 13,596,989
Total Stockholder Equity (as reported)32,696,600
Total Stockholder Equity (calculated)32,697,268
+/- 668
Other
Capital Stock790,569
Cash And Equivalents1,510,000
Cash and Short Term Investments 13,928,341
Common Stock Shares Outstanding 79,178
Liabilities and Stockholders Equity 134,096,091
Net Debt 97,096,309
Net Invested Capital 131,103,507
Net Tangible Assets 32,451,311
Net Working Capital 128,760,522
Property Plant and Equipment Gross 742,054
Short Long Term Debt Total 98,872,786



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 
4,179,220
8,523,830
17,107,790
25,697,832
38,174,010
56,269,001
76,580,237
89,592,579
110,174,807
134,096,091
134,096,091110,174,80789,592,57976,580,23756,269,00138,174,01025,697,83217,107,7908,523,8304,179,220
   > Total Current Assets 
275,750
570,660
3,029,770
25,594,788
7,201,940
56,031,098
21,988,999
25,498,741
32,032,341
128,846,632
128,846,63232,032,34125,498,74121,988,99956,031,0987,201,94025,594,7883,029,770570,660275,750
       Cash And Cash Equivalents 
23,350
106,210
2,349,000
2,686,013
3,629,870
1,596,622
3,505,939
220,981
478,106
1,776,477
1,776,477478,106220,9813,505,9391,596,6223,629,8702,686,0132,349,000106,21023,350
       Short-term Investments 
0
5,000
0
0
1,952,670
5,124,177
9,176,834
12,144,042
16,119,188
12,151,864
12,151,86416,119,18812,144,0429,176,8345,124,1771,952,670005,0000
       Net Receivables 
0
0
14,688,980
21,556,611
34,420,698
49,014,258
1,814,136
2,100,649
2,391,294
2,849,033
2,849,0332,391,2942,100,6491,814,13649,014,25834,420,69821,556,61114,688,98000
       Other Current Assets 
252,400
459,450
680,770
22,908,775
1,619,400
49,310,299
59,456
49,631
84,936
-16,777,374
-16,777,37484,93649,63159,45649,310,2991,619,40022,908,775680,770459,450252,400
   > Long-term Assets 
3,903,470
7,953,170
14,078,020
103,044
30,972,070
237,902
54,591,238
64,093,838
78,142,567
5,249,459
5,249,45978,142,56764,093,83854,591,238237,90230,972,070103,04414,078,0207,953,1703,903,470
       Property Plant Equipment 
53,450
53,820
56,210
86,924
154,540
192,296
560,616
548,078
624,735
742,054
742,054624,735548,078560,616192,296154,54086,92456,21053,82053,450
       Long Term Investments 
0
0
0
7,796
95,570
1,634,894
0
0
0
0
00001,634,89495,5707,796000
       Intangible Assets 
720
460
220
16,120
30,040
36,820
45,474
38,610
57,893
245,289
245,28957,89338,61045,47436,82030,04016,120220460720
       Long-term Assets Other 
3,849,300
7,898,890
14,021,590
103,044
32,647,250
8,786
3,590
17,816
8,599
126,252
126,2528,59917,8163,5908,78632,647,250103,04414,021,5907,898,8903,849,300
> Total Liabilities 
3,625,100
7,509,420
15,069,610
19,562,545
27,189,880
37,898,800
55,601,085
65,584,476
82,110,504
101,399,491
101,399,49182,110,50465,584,47655,601,08537,898,80027,189,88019,562,54515,069,6107,509,4203,625,100
   > Total Current Liabilities 
1,179,330
2,474,430
3,195,210
1,175,599
4,596,740
684,142
8,100,578
11,802,418
13,601,312
86,110
86,11013,601,31211,802,4188,100,578684,1424,596,7401,175,5993,195,2102,474,4301,179,330
       Short-term Debt 
1,121,010
2,103,660
2,804,020
1,087,698
3,633,010
573,363
6,582,534
10,128,103
11,996,613
274,211
274,21111,996,61310,128,1036,582,534573,3633,633,0101,087,6982,804,0202,103,6601,121,010
       Short Long Term Debt 
0
0
1,376,485
1,087,698
3,633,010
573,363
6,492,579
10,039,525
11,886,368
274,211
274,21111,886,36810,039,5256,492,579573,3633,633,0101,087,6981,376,48500
       Accounts payable 
0
0
0
75,895
91,391
95,024
173,864
28,540
37,030
86,110
86,11037,03028,540173,86495,02491,39175,895000
       Other Current Liabilities 
58,320
370,770
391,190
10,353
963,730
15,755
45,265
7,521
6,158
-274,211
-274,2116,1587,52145,26515,755963,73010,353391,190370,77058,320
   > Long-term Liabilities 
2,445,770
5,034,990
11,874,400
18,386,946
22,593,140
37,214,658
47,500,507
53,782,058
68,509,192
101,313,381
101,313,38168,509,19253,782,05847,500,50737,214,65822,593,14018,386,94611,874,4005,034,9902,445,770
       Long term Debt Total 
0
0
0
18,657,383
27,375,602
36,532,510
47,238,308
53,648,222
80,119,798
85,016,569
85,016,56980,119,79853,648,22247,238,30836,532,51027,375,60218,657,383000
       Other Liabilities 
0
1
217,893
200,025
462,403
832,251
855,331
1,236,427
1,115,165
2,440,595
2,440,5951,115,1651,236,427855,331832,251462,403200,025217,89310
> Total Stockholder Equity
554,130
1,014,410
2,038,180
6,135,287
10,984,130
18,370,201
20,979,152
24,008,103
28,064,303
32,696,600
32,696,60028,064,30324,008,10320,979,15218,370,20110,984,1306,135,2872,038,1801,014,410554,130
   Common Stock
299,170
329,170
383,830
581,636
691,730
781,079
783,227
785,046
789,365
790,569
790,569789,365785,046783,227781,079691,730581,636383,830329,170299,170
   Retained Earnings 
55,620
198,410
448,720
1,340,423
1,618,560
3,479,874
5,471,868
7,788,745
10,846,750
14,382,948
14,382,94810,846,7507,788,7455,471,8683,479,8741,618,5601,340,423448,720198,41055,620
   Accumulated Other Comprehensive Income 
-4,490
-14,370
-26,940
-52,411
-101,450
-182,886
-267,640
2,093,983
2,939,467
3,926,762
3,926,7622,939,4672,093,983-267,640-182,886-101,450-52,411-26,940-14,370-4,490
   Capital Surplus 
0
0
0
3,913,415
8,323,986
13,200,433
13,274,648
13,340,377
13,492,780
13,596,989
13,596,98913,492,78013,340,37713,274,64813,200,4338,323,9863,913,415000
   Treasury Stock0000000000
   Other Stockholders Equity 
203,830
501,200
1,232,570
4,265,639
8,775,290
14,292,134
-7,587,575
13,340,329
13,488,721
13,596,321
13,596,32113,488,72113,340,329-7,587,57514,292,1348,775,2904,265,6391,232,570501,200203,830



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 (+$)
totalRevenue14,473,236
Cost of Revenue-9,001,980
Gross Profit5,471,2565,471,256
 
Operating Income (+$)
Gross Profit5,471,256
Operating Expense-1,495,635
Operating Income2,485,4423,975,621
 
Operating Expense (+$)
Research Development0
Selling General Administrative214,718
Selling And Marketing Expenses108,529
Operating Expense1,495,635323,247
 
Net Interest Income (+$)
Interest Income5,910,475
Interest Expense-39,068
Other Finance Cost-5,011,286
Net Interest Income860,121
 
Pretax Income (+$)
Operating Income2,485,442
Net Interest Income860,121
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,484,239-2,998,797
EBIT - interestExpense = 2,446,374
5,484,239
4,335,506
Interest Expense39,068
Earnings Before Interest and Taxes (EBIT)2,485,4425,523,307
Earnings Before Interest and Taxes (EBITDA)2,772,647
 
After tax Income (+$)
Income Before Tax5,484,239
Tax Provision-1,187,801
Net Income From Continuing Ops4,296,4384,296,438
Net Income4,296,438
Net Income Applicable To Common Shares4,296,438
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,497,615
Total Other Income/Expenses Net5,484,239-860,121
 

Technical Analysis of Aavas
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 Aavas. The general trend of Aavas is BEARISH with 100.0% 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 Aavas'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 (-100.0%) Bearish trend (100.0%)
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 Aavas Financiers Limited.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1,321 < 1,322 < 1,336.

The bearish price targets are: .

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Aavas Financiers 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 Aavas Financiers Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower 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 below 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

Aavas Financiers 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 Aavas Financiers Limited. The current macd is -31.21341589.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Aavas price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Aavas. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Aavas price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -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
Aavas Financiers Limited Daily Moving Average Convergence/Divergence (MACD) ChartAavas Financiers 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 Aavas Financiers Limited. The current adx is 32.96.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Aavas shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Aavas Financiers 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 Aavas Financiers Limited. The current sar is 1,384.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Aavas Financiers Limited Daily Parabolic SAR Chart

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 Aavas Financiers Limited. The current rsi is 34.48. 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
Aavas Financiers Limited Daily Relative Strength Index (RSI) ChartAavas Financiers 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 Aavas Financiers Limited. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Aavas price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Aavas Financiers Limited Daily Stochastic Oscillator ChartAavas Financiers 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 Aavas Financiers Limited. The current cci is -123.49829703.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Aavas Financiers Limited Daily Commodity Channel Index (CCI) ChartAavas Financiers 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 Aavas Financiers Limited. The current cmo is -38.46329512.

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
Aavas Financiers Limited Daily Chande Momentum Oscillator (CMO) ChartAavas Financiers 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 Aavas Financiers Limited. The current willr is -93.4962406.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Aavas Financiers Limited Daily Williams %R ChartAavas Financiers Limited Daily Williams %R Chart

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 Aavas Financiers Limited.

Aavas Financiers 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 Aavas Financiers Limited. The current atr is 37.53.

Aavas Financiers Limited Daily Average True Range (ATR) ChartAavas Financiers Limited Daily Average True Range (ATR) Chart

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 Aavas Financiers Limited. The current obv is -9,404,400.

Aavas Financiers Limited Daily On-Balance Volume (OBV) ChartAavas Financiers 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 Aavas Financiers Limited. The current mfi is 31.08.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Aavas Financiers Limited Daily Money Flow Index (MFI) ChartAavas Financiers Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Aavas Financiers 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
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-26DMI 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
2023-12-27DMI 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.
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-17MACD 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH 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
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01DMI 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.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-22DMI 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
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01DMI 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
2024-03-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH 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

6.3. Candlestick Patterns

Aavas Financiers Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.479
Ma 20Greater thanMa 501,378.013
Ma 50Greater thanMa 1001,428.484
Ma 100Greater thanMa 2001,470.380
OpenGreater thanClose1,324.900
Total1/5 (20.0%)
Penke

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