ICICI 4 18 MAR 26 Market Value
| 45112FAJ5 | 98.83 0.00 0.00% |
| Symbol | ICICI |
Please note, there is a significant difference between ICICI's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ICICI '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 ICICI's bond 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 ICICI.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in ICICI on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding ICICI 4 18 MAR 26 or generate 0.0% return on investment in ICICI over 30 days. ICICI is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. More
ICICI 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 ICICI's bond 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 ICICI 4 18 MAR 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6237 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 3.76 | |||
| Value At Risk | (0.58) | |||
| Potential Upside | 0.8531 |
ICICI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ICICI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ICICI's standard deviation. In reality, there are many statistical measures that can use ICICI historical prices to predict the future ICICI's volatility.| Risk Adjusted Performance | 0.0429 | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.24) |
ICICI 4 18 Backtested Returns
ICICI 4 18 holds Efficiency (Sharpe) Ratio of -0.27, which attests that the bond had a -0.27% return per unit of risk over the last 3 months. ICICI 4 18 exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ICICI's semi deviation of 0.5248, and Downside Deviation of 0.6237 to validate the risk estimate we provide. The entity retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ICICI are expected to decrease at a much lower rate. During the bear market, ICICI is likely to outperform the market.
Auto-correlation | -0.91 |
Near perfect reversele predictability
ICICI 4 18 MAR 26 has near perfect reversele predictability. Overlapping area represents the amount of predictability between ICICI time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 ICICI 4 18 price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current ICICI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ICICI 4 18 lagged returns against current returns
Autocorrelation, which is ICICI bond'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 ICICI's bond expected returns. We can calculate the autocorrelation of ICICI returns to help us make a trade decision. For example, suppose you find that ICICI has exhibited high autocorrelation historically, and you observe that the bond 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 |
ICICI 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 ICICI bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ICICI bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ICICI bond over time.
Current vs Lagged Prices |
| Timeline |
ICICI Lagged Returns
When evaluating ICICI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ICICI bond have on its future price. ICICI 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, ICICI autocorrelation shows the relationship between ICICI bond current value and its past values and can show if there is a momentum factor associated with investing in ICICI 4 18 MAR 26.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in ICICI Bond
ICICI financial ratios help investors to determine whether ICICI Bond 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 ICICI with respect to the benefits of owning ICICI security.