State Bank (Germany) Price on May 31, 2024
| SID Stock | EUR 89.00 5.00 5.32% |
If you're considering investing in State Stock, it is important to understand the factors that can impact its price. As of today, the current price of State Bank stands at 89.00, as last reported on the 27th of November, with the highest price reaching 89.00 and the lowest price hitting 89.00 during the day. At this point, State Bank is very steady. State Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.036, which indicates the firm had a 0.036% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for State Bank of, which you can use to evaluate the volatility of the company. Please validate State Bank's Semi Deviation of 1.45, risk adjusted performance of 0.0305, and Coefficient Of Variation of 3101.32 to confirm if the risk estimate we provide is consistent with the expected return of 0.0743%.
State Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
State |
Sharpe Ratio = 0.036
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Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average State Bank is performing at about 2% 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 State Bank by adding it to a well-diversified portfolio.
State Bank Valuation on May 31, 2024
It is possible to determine the worth of State Bank on a given historical date. On May 31, 2024 State was worth 91.5 at the beginning of the trading date compared to the closed value of 93.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of State Bank stock. Still, in general, we apply an absolute valuation method to find State 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 State Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against State Bank's related companies.
| Open | High | Low | Close | Volume | |
| 91.00 | 91.00 | 91.00 | 91.00 | 1.00 | |
05/31/2024 | 91.50 | 93.00 | 91.50 | 93.00 | 130.00 |
| 97.00 | 102.00 | 97.00 | 98.00 | 913.00 |
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State Bank Trading Date Momentum on May 31, 2024
| On June 03 2024 State Bank of was traded for 98.00 at the closing time. The highest daily price throughout the period was 102.00 and the lowest price was 97.00 . The daily volume was 913. The net trading volume on 06/03/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 5.38% . The trading price change to current closing price is 1.08% . |
State Bank Fundamentals Correlations and Trends
By evaluating State 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 State Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. State financial account trend analysis is a perfect complement when working with valuation or volatility modules.About State Bank Stock history
State 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 State is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in State 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 State Bank stock prices may prove useful in developing a viable investing in State Bank
State Bank of India provides various banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company was founded in 1806 and is headquartered in Mumbai, India. STATE BANK operates under Banks - Regional - Asia classification in Germany and is traded on Frankfurt Stock Exchange. It employs 257252 people.
State Bank Stock Technical Analysis
State 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
State Bank Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
State Bank of 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.
State Bank November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how State 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 State Bank shares will generate the highest return on investment. By undertsting and applying State Bank stock market strength indicators, traders can identify State Bank of entry and exit signals to maximize returns
State Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for State Bank's price direction in advance. Along with the technical and fundamental analysis of State Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of State 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 | 0.0305 | |||
| Jensen Alpha | 0.0751 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.24) |
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| Volume Indicators |
Complementary Tools for State Stock analysis
When running State Bank's price analysis, check to measure State 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 State Bank is operating at the current time. Most of State Bank's value examination focuses on studying past and present price action to predict the probability of State 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 State Bank's price. Additionally, you may evaluate how the addition of State Bank to your portfolios can decrease your overall portfolio volatility.
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