ICICI Bank (Germany) Price on November 25, 2024
ICBA Stock | EUR 29.00 0.40 1.36% |
If you're considering investing in ICICI Stock, it is important to understand the factors that can impact its price. As of today, the current price of ICICI Bank stands at 29.00, as last reported on the 28th of November, with the highest price reaching 29.40 and the lowest price hitting 29.00 during the day. At this point, ICICI Bank is very steady. ICICI Bank Limited holds Efficiency (Sharpe) Ratio of 0.0989, which attests that the company had a 0.0989% return per unit of risk over the last 3 months. We have found thirty 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 1.38, and Downside Deviation of 2.01 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
ICICI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ICICI |
Sharpe Ratio = 0.0989
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Estimated Market Risk
1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average ICICI Bank is performing at about 7% 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.
ICICI Bank Valuation on November 25, 2024
It is possible to determine the worth of ICICI Bank on a given historical date. On November 25, 2024 ICICI was worth 29.4 at the beginning of the trading date compared to the closed value of 29.4. 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 | |
28.40 | 29.40 | 28.40 | 29.20 | 1,000.00 | |
11/25/2024 | 29.40 | 29.40 | 29.40 | 29.40 | 1,000.00 |
29.60 | 29.60 | 29.40 | 29.40 | 1,000.00 |
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ICICI Bank Trading Date Momentum on November 25, 2024
On November 26 2024 ICICI Bank Limited was traded for 29.40 at the closing time. The maximum traded price for the trading interval was 29.60 and the lowest daily price was 29.40 . The daily volume was recorded at 1000. The volume of trading on 26th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
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
ICICI Bank Limited provides banking and financial services in India and internationally. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India. ICICI BANK operates under Banks - Regional - Asia classification in Germany and is traded on Frankfurt Stock Exchange.
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.
Price Boundaries
ICICI Bank Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
ICICI Bank Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 28, 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.
Risk Adjusted Performance | 0.105 | |||
Jensen Alpha | 0.1848 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0469 | |||
Treynor Ratio | 0.8696 |
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Volume Indicators |
Complementary Tools for ICICI Stock analysis
When running ICICI Bank's 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 the 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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