Icici Bank Limited Stock Probability of Future Stock Price Finishing Under 27.91
| IBN Stock | USD 30.55 0.32 1.04% |
ICICI |
ICICI Bank Target Price Odds to finish below 27.91
The tendency of ICICI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 27.91 or more in 90 days |
| 30.55 | 90 days | 27.91 | near 1 |
Based on a normal probability distribution, the odds of ICICI Bank to drop to $ 27.91 or more in 90 days from now is near 1 (This ICICI Bank Limited probability density function shows the probability of ICICI Stock to fall within a particular range of prices over 90 days) . Probability of ICICI Bank Limited price to stay between $ 27.91 and its current price of $30.55 at the end of the 90-day period is about 78.52 .
Considering the 90-day investment horizon ICICI Bank has a beta of 0.59. This usually indicates as returns on the market go up, ICICI Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ICICI Bank Limited will be expected to be much smaller as well. Additionally ICICI Bank Limited has an alpha of 0.009, implying that it can generate a 0.009034 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). ICICI Bank Price Density |
| Price |
Predictive Modules for ICICI Bank
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ICICI Bank Limited. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.ICICI Bank Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ICICI Bank is not an exception. The market had few large corrections towards the ICICI Bank's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ICICI Bank Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ICICI Bank within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | -0.03 |
ICICI Bank Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ICICI Bank for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ICICI Bank Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ICICI Bank Limited has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from finance.yahoo.com: ICICI Lombard and Arya.ai Set a New Standard in Insurance Automation |
ICICI Bank Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ICICI Stock often depends not only on the future outlook of the current and potential ICICI Bank's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ICICI Bank's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.6 B | |
| Cash And Short Term Investments | 3.5 T |
ICICI Bank Technical Analysis
ICICI Bank's future price can be derived by breaking down and analyzing its technical indicators over time. ICICI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ICICI Bank Limited. In general, you should focus on analyzing ICICI Stock price patterns and their correlations with different microeconomic environments and drivers.
ICICI Bank Predictive Forecast Models
ICICI Bank's time-series forecasting models is one of many ICICI Bank's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ICICI Bank's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ICICI Bank Limited
Checking the ongoing alerts about ICICI Bank for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ICICI Bank Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ICICI Bank Limited has high likelihood to experience some financial distress in the next 2 years | |
| Latest headline from finance.yahoo.com: ICICI Lombard and Arya.ai Set a New Standard in Insurance Automation |
Check out ICICI Bank Backtesting, ICICI Bank Valuation, ICICI Bank Correlation, ICICI Bank Hype Analysis, ICICI Bank Volatility, ICICI Bank History as well as ICICI Bank Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.