State Bank (India) Market Value
| SBIN Stock | 844.45 28.40 3.48% |
| Symbol | State |
State 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 State 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 State Bank.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in State Bank on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding State Bank of or generate 0.0% return on investment in State Bank over 510 days. State Bank is related to or competes with MRF, JSW Holdings, Maharashtra Scooters, Nalwa Sons, Kalyani Investment, Pilani Investment, and Vardhman Holdings. State Bank is entity of India. It is traded as Stock on NSE exchange. More
State 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 State 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 State Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.58 |
State Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for State Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as State Bank's standard deviation. In reality, there are many statistical measures that can use State Bank historical prices to predict the future State Bank's volatility.| Risk Adjusted Performance | 0.0319 | |||
| Jensen Alpha | 0.0137 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1669 |
State Bank Backtested Returns
Currently, State Bank of is very steady. State Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0485, which indicates the firm had a 0.0485% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for State Bank of, which you can use to evaluate the volatility of the company. Please validate State Bank's Coefficient Of Variation of 2881.78, semi deviation of 1.58, and Risk Adjusted Performance of 0.0319 to confirm if the risk estimate we provide is consistent with the expected return of 0.0826%. State Bank has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, State Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding State Bank is expected to be smaller as well. State Bank right now has a risk of 1.7%. Please validate State Bank coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if State Bank will be following its existing price patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
State Bank of has very weak reverse predictability. Overlapping area represents the amount of predictability between State Bank time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of State Bank price movement. The serial correlation of -0.03 indicates that only 3.0% of current State Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1402.83 |
State Bank lagged returns against current returns
Autocorrelation, which is State 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 State Bank's stock expected returns. We can calculate the autocorrelation of State Bank returns to help us make a trade decision. For example, suppose you find that State 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 |
State 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 State Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if State Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in State Bank stock over time.
Current vs Lagged Prices |
| Timeline |
State Bank Lagged Returns
When evaluating State Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of State Bank stock have on its future price. State 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, State Bank autocorrelation shows the relationship between State Bank stock current value and its past values and can show if there is a momentum factor associated with investing in State Bank of.
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 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.