Buy, Sell Or Hold Paytm, HCLTech, SBI, Axis Bank, Cochin Shipyard Ask Profit - NDTV Profit
| AXB Stock | USD 67.80 0.40 0.59% |
About 53% of Axis Bank's investor base is interested to short. The analysis of overall sentiment of trading Axis Bank Ltd stock suggests that many investors are impartial at this time. Axis Bank's investing sentiment shows overall attitude of investors towards Axis Bank Ltd.
Axis Bank stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Axis daily returns and investor perception about the current price of Axis Bank Ltd as well as its diversification or hedging effects on your existing portfolios.
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Buy, Sell Or Hold Paytm, HCLTech, SBI, Axis Bank, Cochin Shipyard Ask Profit NDTV Profit
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Axis Bank Fundamental Analysis
We analyze Axis Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axis Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axis Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Axis Bank is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Axis Bank Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Axis Bank stock to make a market-neutral strategy. Peer analysis of Axis Bank could also be used in its relative valuation, which is a method of valuing Axis Bank by comparing valuation metrics with similar companies.
Peers
Axis Bank Related Equities
| LTOD | Larsen Toubro | 0.23 |
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| MHID | Mahindra Mahindra | 0.28 |
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| RIGD | Reliance Industries | 0.33 |
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| SBID | State Bank | 0.60 |
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| TTST | Tata Steel | 1.46 |
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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.