ICICI Total Operating Expenses from 2010 to 2024
IBN Stock | USD 31.01 0.18 0.58% |
Total Operating Expenses | First Reported 1999-06-30 | Previous Quarter 219.1 B | Current Value 507.2 B | Quarterly Volatility 282.7 B |
Check ICICI Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICICI Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21 B, Interest Expense of 778.1 B or Selling General Administrative of 319.2 B, as well as many indicators such as Price To Sales Ratio of 10.14, Dividend Yield of 0.0093 or PTB Ratio of 4.85. ICICI financial statements analysis is a perfect complement when working with ICICI Bank Valuation or Volatility modules.
ICICI | Total Operating Expenses |
Latest ICICI Bank's Total Operating Expenses Growth Pattern
Below is the plot of the Total Operating Expenses of ICICI Bank Limited over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. ICICI Bank's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICICI Bank's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses | 10 Years Trend |
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Total Operating Expenses |
Timeline |
ICICI Total Operating Expenses Regression Statistics
Arithmetic Mean | 137,969,679,986 | |
Geometric Mean | 192,761,994,283 | |
Coefficient Of Variation | 320.92 | |
Mean Deviation | 383,927,272,404 | |
Median | (44,917,517,000) | |
Standard Deviation | 442,777,701,434 | |
Sample Variance | 196052092886.8T | |
Range | 1.3T | |
R-Value | 0.57 | |
Mean Square Error | 143320875989.7T | |
R-Squared | 0.32 | |
Significance | 0.03 | |
Slope | 56,110,793,224 | |
Total Sum of Squares | 2744729300415.3T |
ICICI Total Operating Expenses History
About ICICI Bank Financial Statements
ICICI Bank investors utilize fundamental indicators, such as Total Operating Expenses, to predict how ICICI Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Operating Expenses | 361.8 B | 379.9 B |
Pair Trading with ICICI Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICICI Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICICI Bank will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ICICI Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICICI Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICICI Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICICI Bank Limited to buy it.
The correlation of ICICI Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICICI Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICICI Bank Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICICI Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ICICI Bank Correlation against competitors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Diversified Banks space 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 0.182 | Earnings Share 1.57 | Revenue Per Share 466.492 | Quarterly Revenue Growth 0.274 | Return On Assets 0.0216 |
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 if ICICI Bank is a good investment 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.