Icici Bank Limited Stock Price on July 30, 2024

IBN Stock  USD 30.55  0.32  1.04%   
Below is the normalized historical share price chart for ICICI Bank Limited extending back to March 28, 2000. 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 ICICI Bank stands at 30.55, as last reported on the 30th of November, with the highest price reaching 30.69 and the lowest price hitting 30.42 during the day.
IPO Date
22nd of September 1999
200 Day MA
28.0375
50 Day MA
30.0768
Beta
0.829
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ICICI Stock, it is important to understand the factors that can impact its price. As of now, ICICI Stock is very steady. ICICI Bank Limited holds Efficiency (Sharpe) Ratio of 0.0452, which attests that the company had a 0.0452% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ICICI Bank Limited, which you can use to evaluate the volatility of the entity. Please check out ICICI Bank's semi deviation of 1.17, and Downside Deviation of 1.33 to validate if the risk estimate we provide is consistent with the expected return of 0.0667%.
  
At this time, ICICI Bank's Stock Based Compensation is very stable compared to the past year. As of the 30th of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Common Stock Shares Outstanding is likely to drop about 2.8 B. . At this time, ICICI Bank's Price Cash Flow Ratio is very stable compared to the past year. As of the 30th of November 2024, Price Sales Ratio is likely to grow to 10.14, while Price Earnings Ratio is likely to drop 16.53. ICICI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0452

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Estimated Market Risk

 1.48
  actual daily
13
87% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average ICICI Bank is performing at about 3% of its full potential. 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 ICICI Bank by adding it to a well-diversified portfolio.
Price Book
3.2489
Price Sales
0.0664
Shares Float
B
Wall Street Target Price
36.275
Earnings Share
1.57

Related Headline

OFG Bancorp Headline on 30th of July 2024

Filed transaction by OFG Bancorp Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

ICICI Bank Valuation on July 30, 2024

It is possible to determine the worth of ICICI Bank on a given historical date. On July 30, 2024 ICICI was worth 28.47 at the beginning of the trading date compared to the closed value of 28.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ICICI Bank stock. Still, in general, we apply an absolute valuation method to find ICICI 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 ICICI Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ICICI Bank's related companies.
 Open High Low Close Volume
  28.62    28.78    28.52    28.54    4,829,386  
07/30/2024
  28.47    28.77    28.47    28.63    6,613,845  
  28.86    28.97    28.72    28.86    4,114,314  
Backtest ICICI Bank  |  ICICI Bank History  |  ICICI Bank Valuation   PreviousNext  
Open Value
28.47
28.63
Closing Value
32.90
Upside

ICICI Bank Trading Date Momentum on July 30, 2024

On July 31 2024 ICICI Bank Limited was traded for  28.86  at the closing time. Highest ICICI Bank's price during the trading hours was 28.97  and the lowest price during the day was  28.72 . The net volume was 4.1 M. The overall trading history on the 31st of July contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.80% . The trading delta at closing time to current price is 2.97% .

ICICI Bank Limited Fundamentals Correlations and Trends

By evaluating ICICI 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 ICICI Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ICICI financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ICICI Bank Stock history

ICICI 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 ICICI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ICICI Bank Limited 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 ICICI Bank stock prices may prove useful in developing a viable investing in ICICI Bank
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.6 B2.8 B
Net Income Applicable To Common Shares391.4 B411 B

ICICI Bank Stock Technical Analysis

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...

Price Boundaries

ICICI Bank Period Price Range

Low
November 30, 2024
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High

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ICICI Bank Limited cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. 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.

ICICI Bank November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how ICICI 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 ICICI Bank shares will generate the highest return on investment. By undertsting and applying ICICI Bank stock market strength indicators, traders can identify ICICI Bank Limited entry and exit signals to maximize returns

ICICI Bank Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ICICI Bank's price direction in advance. Along with the technical and fundamental analysis of ICICI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ICICI 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.
When determining whether ICICI Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICICI Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icici Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icici Bank Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI Bank Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public 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.