Hdfc Bank Average Assets vs Earnings before Tax Analysis

HDB -  USA Stock  

USD 57.81  1.24  2.19%

Hdfc Bank financial indicator trend analysis is much more than just examining Hdfc Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hdfc Bank is a good investment. Please check the relationship between Hdfc Bank Average Assets and its Earnings before Tax accounts. Please check Risk vs Return Analysis.

Average Assets vs Earnings before Tax

Average Assets vs Earnings before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hdfc Bank Average Assets account and Earnings before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hdfc Bank's Average Assets and Earnings before Tax is 0.86. Overlapping area represents the amount of variation of Average Assets that can explain the historical movement of Earnings before Tax in the same time period over historical financial statements of Hdfc Bank, assuming nothing else is changed. The correlation between historical values of Hdfc Bank's Average Assets and Earnings before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Assets of Hdfc Bank are associated (or correlated) with its Earnings before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earnings before Tax has no effect on the direction of Average Assets i.e., Hdfc Bank's Average Assets and Earnings before Tax go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Earnings before Tax

Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.
Most indicators from Hdfc Bank fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hdfc Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please check Risk vs Return Analysis.Hdfc Bank Issuance Purchase of Equity Shares is projected to increase significantly based on the last few years of reporting. The past year's Issuance Purchase of Equity Shares was at 20.24 Billion. The current year Issuance Repayment of Debt Securities is expected to grow to about 16.3 B, whereas Selling General and Administrative Expense is forecasted to decline to about 309.6 B.
 2019 2020 2021 2022 (projected)
Net Income260.27 B325.98 B374.87 B404.47 B
Gross Profit674.12 B782.43 B899.79 B721.24 B

Hdfc Bank fundamental ratios Correlations

Hdfc Bank Account Relationship Matchups

Hdfc Bank fundamental ratios Accounts

201720182019202020212022 (projected)
Accumulated Other Comprehensive Income(3.8 B)11.81 B52.33 B27.19 B31.26 B33.73 B
Cash and Equivalents574.15 B734.87 B611.96 B930.69 B1,070.3 B1,154.8 B
Cash and Equivalents USD8.82 B10.62 B8.12 B12.68 B14.58 B11.84 B
Total Debt1,850.11 B1,872.61 B1,911.92 B1,770.08 B2,035.59 B1,755.38 B
Total Debt USD28.42 B27.06 B25.36 B24.12 B27.73 B24.85 B
Deposit Liabilities5,457.86 B6,431.32 B7,883.75 B9,225.03 B10,608.78 B8,666.12 B
Shareholders Equity1,174.16 B1,632.58 B1,893.08 B2,159.63 B2,483.57 B2,679.64 B
Shareholders Equity USD18.04 B23.59 B25.11 B29.42 B33.84 B27.21 B
Goodwill and Intangible Assets74.94 B74.94 B74.94 B74.94 B67.44 B67.31 B
Property Plant and Equipment Net38.97 B43.19 B48.33 B53.09 B61.06 B53.96 B
Accumulated Retained Earnings Deficit462.88 B587.24 B713.34 B897.87 B1,032.55 B1,114.07 B

Hdfc Bank Investors Sentiment

The influence of Hdfc Bank's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hdfc Bank. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Hdfc Bank Implied Volatility

    
  49.94  
Hdfc Bank's implied volatility exposes the market's sentiment of Hdfc Bank stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hdfc Bank's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hdfc Bank stock will not fluctuate a lot when Hdfc Bank's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hdfc Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hdfc Bank's short interest history, or implied volatility extrapolated from Hdfc Bank options trading.

Current Sentiment - HDB

Hdfc Bank Investor Sentiment

Greater number of Macroaxis users are currently bullish on Hdfc Bank. What is your judgment towards investing in Hdfc Bank? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hdfc Bank using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Risk vs Return Analysis. Note that the Hdfc Bank information on this page should be used as a complementary analysis to other Hdfc Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Hdfc Bank Stock analysis

When running Hdfc Bank price analysis, check to measure Hdfc Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hdfc Bank is operating at the current time. Most of Hdfc Bank's value examination focuses on studying past and present price action to predict the probability of Hdfc Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hdfc Bank's price. Additionally, you may evaluate how the addition of Hdfc Bank to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Is Hdfc Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hdfc Bank. If investors know Hdfc Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hdfc Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.23
Market Capitalization
107 B
Quarterly Revenue Growth YOY
0.17
Return On Assets
0.0195
Return On Equity
0.17
The market value of Hdfc Bank is measured differently than its book value, which is the value of Hdfc Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Hdfc Bank's value that differs from its market value or its book value, called intrinsic value, which is Hdfc Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hdfc Bank's market value can be influenced by many factors that don't directly affect Hdfc Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hdfc Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine Hdfc Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hdfc Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.