Icici Stock Market Value

IBN
 Stock
  

USD 23.20  0.52  2.19%   

Icici Bank's market value is the price at which a share of Icici Bank stock trades on a public exchange. It measures the collective expectations of Icici Bank Limited investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Icici Bank Limited and determine expected loss or profit from investing in Icici Bank over a given investment horizon. Please see Icici Bank Correlation, Icici Bank Volatility and Icici Bank Alpha and Beta module to complement your research on Icici Bank.
Symbol


Is Icici 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 Icici Bank. If investors know Icici 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 Icici 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
0.31
Market Capitalization
81.9 B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0181
Return On Equity
0.17
The market value of Icici Bank Limited is measured differently than its book value, which is the value of Icici that is recorded on the company's balance sheet. Investors also form their own opinion of Icici Bank's value that differs from its market value or its book value, called intrinsic value, which is Icici 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 Icici Bank's market value can be influenced by many factors that don't directly affect Icici 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 Icici Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine Icici Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icici 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.

Icici Bank 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Icici Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Icici Bank.
0.00
11/01/2022
No Change 0.00  0.0 
In 31 days
12/01/2022
0.00
If you would invest  0.00  in Icici Bank on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding Icici Bank Limited or generate 0.0% return on investment in Icici Bank over 30 days. Icici Bank is related to or competes with 3M. ICICI Bank Limited provides various banking products and services in India and internationally More

Icici Bank Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Icici Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Icici Bank Limited upside and downside potential and time the market with a certain degree of confidence.

Icici Bank Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Icici Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Icici Bank's standard deviation. In reality, there are many statistical measures that can use Icici Bank historical prices to predict the future Icici Bank's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Icici Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Icici Bank in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
21.5823.2324.88
Details
Intrinsic
Valuation
LowReal ValueHigh
20.8726.2827.93
Details
Naive
Forecast
LowNext ValueHigh
22.5724.2225.87
Details
4 Analysts
Consensus
LowTarget PriceHigh
24.0025.7727.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icici Bank. Your research has to be compared to or analyzed against Icici Bank's peers to derive any actionable benefits. When done correctly, Icici Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Icici Bank Limited.

Icici Bank Limited Backtested Returns

We consider Icici Bank very steady. Icici Bank Limited holds Efficiency (Sharpe) Ratio of 0.0668, which attests that the entity had 0.0668% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Icici Bank Limited, which you can use to evaluate the future volatility of the firm. Please check out Icici Bank Market Risk Adjusted Performance of 0.232, risk adjusted performance of 0.1535, and Downside Deviation of 1.44 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
Icici Bank has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.6917, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Icici's beta means in this case. As returns on the market increase, Icici Bank returns are expected to increase less than the market. However, during the bear market, the loss on holding Icici Bank will be expected to be smaller as well. Although it is important to respect Icici Bank Limited current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Icici Bank Limited technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future. Icici Bank Limited right now retains a risk of 1.63%. Please check out Icici Bank total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power to decide if Icici Bank will be following its current trending patterns.

Auto-correlation

    
  0.45  

Average predictability

Icici Bank Limited has average predictability. Overlapping area represents the amount of predictability between Icici Bank time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Icici Bank Limited price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Icici Bank price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.7
Residual Average0.0
Price Variance0.1

Icici Bank Limited lagged returns against current returns

Autocorrelation, which is Icici Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Icici Bank's stock expected returns. We can calculate the autocorrelation of Icici Bank returns to help us make a trade decision. For example, suppose you find that Icici Bank stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Icici Bank regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Icici Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Icici Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Icici Bank stock over time.
   Current vs Lagged Prices   
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       Timeline  

Icici Bank Lagged Returns

When evaluating Icici Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Icici Bank stock have on its future price. Icici Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Icici Bank autocorrelation shows the relationship between Icici Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Icici Bank Limited.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Icici Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Icici Bank Correlation, Icici Bank Volatility and Icici Bank Alpha and Beta module to complement your research on Icici Bank. Note that the Icici Bank Limited information on this page should be used as a complementary analysis to other Icici 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Icici Bank Limited price analysis, check to measure Icici 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 Icici Bank is operating at the current time. Most of Icici Bank's value examination focuses on studying past and present price action to predict the probability of Icici Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Icici Bank's price. Additionally, you may evaluate how the addition of Icici Bank to your portfolios can decrease your overall portfolio volatility.
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Icici Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Icici Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Icici Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...