Equity Valuation Index - July 12, 2024

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The Equity Valuation Index (EVI) for the date July 12, 2024, is 115.5. It is calculated by assigning equal weights to various financial ratios and factors, including Price-to-Earnings (PE), Price-to-Book (PB), G-Sec*PE, and Market Cap to GDP ratio.

Interpretation of EVI Value

  • 115.5 indicates that the market is moderately valued.
  • Investors should consider this value while making investment decisions, keeping in mind the current market conditions and economic outlook

  • 50 - 80: Aggressively Invest in Equities 
  • 80 - 100: Invest in Equities 
  • 100 - 120: Neutral 
  • 120 - 130: Incremental Money to Debt 
  • 130 - 180: Book Partial Profits 

The bands represent different investment recommendations based on the EVI value:

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