Axis Bank (UK) Price on September 27, 2024
| AXB Stock | USD 67.00 0.20 0.30% |
Below is the normalized historical share price chart for Axis Bank Ltd extending back to March 16, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Axis Bank stands at 67.00, as last reported on the 1st of December, with the highest price reaching 67.20 and the lowest price hitting 66.60 during the day.
If you're considering investing in Axis Stock, it is important to understand the factors that can impact its price. Axis Bank secures Sharpe Ratio (or Efficiency) of -0.0511, which signifies that the company had a -0.0511% return per unit of risk over the last 3 months. Axis Bank Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Axis Bank's Mean Deviation of 1.03, risk adjusted performance of (0.02), and Standard Deviation of 1.38 to double-check the risk estimate we provide.
At this time, Axis Bank's Common Stock Shares Outstanding is quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 1.6 T this year, although the value of Common Stock will most likely fall to about 6.3 B. . At this time, Axis Bank's Price Book Value Ratio is quite stable compared to the past year. Price To Operating Cash Flows Ratio is expected to rise to 6.97 this year, although the value of Price Earnings Ratio will most likely fall to 11.68. Axis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 69.4975 | 50 Day MA 69.528 | Beta 0.9313 |
Axis |
Sharpe Ratio = -0.0511
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| Negative Returns | AXB |
Estimated Market Risk
| 1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Axis Bank is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Axis Bank by adding Axis Bank to a well-diversified portfolio.
Price Book 2.0315 | Book Value 2.2 K | Enterprise Value 1.4 T | Price Sales 0.0727 | Shares Float 539.2 M |
Axis Bank Valuation on September 27, 2024
It is possible to determine the worth of Axis Bank on a given historical date. On September 27, 2024 Axis was worth 75.6 at the beginning of the trading date compared to the closed value of 75.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Axis Bank stock. Still, in general, we apply an absolute valuation method to find Axis Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Axis Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Axis Bank's related companies.
| Open | High | Low | Close | Volume | |
| 75.20 | 76.20 | 75.20 | 76.00 | 12,059 | |
09/27/2024 | 75.60 | 76.00 | 75.00 | 75.40 | 33,816 |
| 74.00 | 74.00 | 72.60 | 72.60 | 32,322 |
| Backtest Axis Bank | | | Axis Bank History | | | Axis Bank Valuation | Previous | Next |
Axis Bank Trading Date Momentum on September 27, 2024
| On September 30 2024 Axis Bank Ltd was traded for 72.60 at the closing time. The maximum traded price for the trading interval was 74.00 and the lowest daily price was 72.60 . The daily volume was recorded at 32.3 K. The volume of trading on 30th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.71% . The overall trading delta to the closing price today is 10.34% . |
Axis Bank Fundamentals Correlations and Trends
By evaluating Axis Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Axis Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Axis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Axis Bank Stock history
Axis Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Axis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Axis Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Axis Bank stock prices may prove useful in developing a viable investing in Axis Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 3.2 B | |
| Net Income Applicable To Common Shares | 124.4 B | 72.4 B |
Axis Bank Stock Technical Analysis
Axis 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.
Price Boundaries
Axis Bank Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Axis Bank Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on London IL. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Axis Bank December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Axis Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Axis Bank shares will generate the highest return on investment. By undertsting and applying Axis Bank stock market strength indicators, traders can identify Axis Bank Ltd entry and exit signals to maximize returns
Axis Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Axis Bank's price direction in advance. Along with the technical and fundamental analysis of Axis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Axis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (8.32) |
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Other Information on Investing in Axis Stock
Axis Bank financial ratios help investors to determine whether Axis Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Axis with respect to the benefits of owning Axis Bank security.