HDFCLIFE -Symmetrical Triangle -Breakout-wkly
Name - HDFCLIFE
Pattern - symmetrical triangle
Timeframe - Wkly
Status - Breakout
Volume - Good
Cmp - 745
Target - 1032
SL - 664
Pattern:
A symmetrical triangle pattern is a common chart pattern in technical analysis that indicates a period of consolidation before the price breaks out.
Fundamental ratios:
Here are some key fundamental ratios for HDFC Life Insurance Company Ltd. (HDFCLIFE):
Profitability Ratios:
Return on Equity (ROE): 8.5%
Return on Capital Employed (ROCE): 0.64%
Net Profit Margin: 6%
Valuation Ratios:
Price to Earnings (P/E) Ratio: 80.5
Price to Book (P/B) Ratio: 6.5
Solvency Ratios:
Debt to Equity Ratio: 0.04
Current Ratio: 0.9
Interest Coverage Ratio: 58.91
Efficiency Ratios:
Asset Turnover Ratio: 0.1
Expense Ratio: 11.1%