IDBI Bank (India) Price on June 25, 2024
| IDBI Stock | 81.99 0.18 0.22% |
Below is the normalized historical share price chart for IDBI Bank Limited extending back to January 01, 1996. 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 IDBI Bank stands at 81.99, as last reported on the 1st of December, with the highest price reaching 83.44 and the lowest price hitting 81.01 during the day.
If you're considering investing in IDBI Stock, it is important to understand the factors that can impact its price. IDBI Bank Limited retains Efficiency (Sharpe Ratio) of -0.087, which attests that the entity had a -0.087% return per unit of return volatility over the last 3 months. IDBI Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDBI Bank's Coefficient Of Variation of (1,070), market risk adjusted performance of (0.34), and Standard Deviation of 2.27 to validate the risk estimate we provide.
At this time, IDBI Bank's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 112.9 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 6.7 B in 2024. . IDBI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 86.8591 | 50 Day MA 82.491 | Beta 0.904 |
IDBI |
Sharpe Ratio = -0.087
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| Negative Returns | IDBI |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IDBI 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 IDBI Bank by adding IDBI Bank to a well-diversified portfolio.
Price Book 1.6123 | Price Sales 5.7527 | Shares Float 559.2 M | Dividend Share 1.5 | Wall Street Target Price 42 |
IDBI Bank Valuation on June 25, 2024
It is possible to determine the worth of IDBI Bank on a given historical date. On June 25, 2024 IDBI was worth 84.98 at the beginning of the trading date compared to the closed value of 83.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IDBI Bank stock. Still, in general, we apply an absolute valuation method to find IDBI 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 IDBI Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IDBI Bank's related companies.
| Open | High | Low | Close | Volume | |
| 83.80 | 84.98 | 83.26 | 84.25 | 4,357,154 | |
06/25/2024 | 84.98 | 85.17 | 83.42 | 83.56 | 4,203,406 |
| 83.56 | 84.69 | 82.98 | 83.20 | 4,263,849 |
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IDBI Bank Trading Date Momentum on June 25, 2024
| On June 26 2024 IDBI Bank Limited was traded for 83.20 at the closing time. The highest price during the trading period was 84.69 and the lowest recorded bid was listed for 82.98 . The volume for the day was 4.3 M. This history from June 26, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.43% . The trading delta at closing time to the current price is 1.04% . |
IDBI Bank Limited Fundamentals Correlations and Trends
By evaluating IDBI 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 IDBI Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IDBI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IDBI Bank Stock history
IDBI 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 IDBI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IDBI 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 IDBI Bank stock prices may prove useful in developing a viable investing in IDBI Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.7 B | 6.7 B | |
| Net Income Applicable To Common Shares | 33.4 B | 35 B |
IDBI Bank Stock Technical Analysis
IDBI 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
IDBI Bank Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
IDBI Bank Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
IDBI Bank December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how IDBI 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 IDBI Bank shares will generate the highest return on investment. By undertsting and applying IDBI Bank stock market strength indicators, traders can identify IDBI Bank Limited entry and exit signals to maximize returns
IDBI Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IDBI Bank's price direction in advance. Along with the technical and fundamental analysis of IDBI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IDBI 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 | (0.06) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.35) |
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Additional Tools for IDBI Stock Analysis
When running IDBI Bank's price analysis, check to measure IDBI 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 IDBI Bank is operating at the current time. Most of IDBI Bank's value examination focuses on studying past and present price action to predict the probability of IDBI 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 IDBI Bank's price. Additionally, you may evaluate how the addition of IDBI Bank to your portfolios can decrease your overall portfolio volatility.