IDBI Bank (India) Market Value
| IDBI Stock | 79.20 1.40 1.80% |
| Symbol | IDBI |
IDBI Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IDBI Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IDBI Bank.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in IDBI Bank on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding IDBI Bank Limited or generate 0.0% return on investment in IDBI Bank over 150 days. IDBI Bank is related to or competes with FCS Software, LLOYDS METALS, Industrial Investment, Man Infraconstructio, Lakshmi Finance, Hindustan Construction, and Manaksia Coated. IDBI Bank is entity of India. It is traded as Stock on NSE exchange. More
IDBI Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IDBI Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess IDBI Bank Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.58 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 22.9 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 5.5 |
IDBI Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDBI Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDBI Bank's standard deviation. In reality, there are many statistical measures that can use IDBI Bank historical prices to predict the future IDBI Bank's volatility.| Risk Adjusted Performance | 0.0108 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0034 |
IDBI Bank Limited Backtested Returns
IDBI Bank Limited retains Efficiency (Sharpe Ratio) of close to zero, which attests that the entity had a close to zero % return per unit of return volatility over the last 3 months. IDBI Bank exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDBI Bank's Semi Deviation of 2.5, downside deviation of 2.58, and Market Risk Adjusted Performance of 0.0134 to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.98, which attests to possible diversification benefits within a given portfolio. IDBI Bank returns are very sensitive to returns on the market. As the market goes up or down, IDBI Bank is expected to follow. At this point, IDBI Bank Limited has a negative expected return of -0.0037%. Please make sure to check out IDBI Bank's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if IDBI Bank Limited performance from the past will be repeated in the future.
Auto-correlation | 0.48 |
Average predictability
IDBI Bank Limited has average predictability. Overlapping area represents the amount of predictability between IDBI Bank time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IDBI Bank Limited price movement. The serial correlation of 0.48 indicates that about 48.0% of current IDBI Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 17.12 |
IDBI Bank Limited lagged returns against current returns
Autocorrelation, which is IDBI Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IDBI Bank's stock expected returns. We can calculate the autocorrelation of IDBI Bank returns to help us make a trade decision. For example, suppose you find that IDBI Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IDBI Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IDBI Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDBI Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDBI Bank stock over time.
Current vs Lagged Prices |
| Timeline |
IDBI Bank Lagged Returns
When evaluating IDBI Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDBI Bank stock have on its future price. IDBI Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IDBI Bank autocorrelation shows the relationship between IDBI Bank stock current value and its past values and can show if there is a momentum factor associated with investing in IDBI Bank Limited.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.