Hdfc Bank Limited Stock Alpha and Beta Analysis
| HDB Stock | USD 66.91 2.41 3.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HDFC Bank Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in HDFC Bank over a specified time horizon. Remember, high HDFC Bank's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to HDFC Bank's market risk premium analysis include:
Beta 0.58 | Alpha 0.0388 | Risk 1.5 | Sharpe Ratio 0.11 | Expected Return 0.16 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
HDFC |
HDFC Bank Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HDFC Bank market risk premium is the additional return an investor will receive from holding HDFC Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HDFC Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate HDFC Bank's performance over market.| α | 0.04 | β | 0.58 |
HDFC Bank expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of HDFC Bank's Buy-and-hold return. Our buy-and-hold chart shows how HDFC Bank performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.HDFC Bank Market Price Analysis
Market price analysis indicators help investors to evaluate how HDFC 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 HDFC Bank shares will generate the highest return on investment. By understating and applying HDFC Bank stock market price indicators, traders can identify HDFC Bank position entry and exit signals to maximize returns.
HDFC Bank Return and Market Media
The median price of HDFC Bank for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 62.48 with a coefficient of variation of 2.72. The daily time series for the period is distributed with a sample standard deviation of 1.7, arithmetic mean of 62.58, and mean deviation of 1.43. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | NTPCs Renewable-Energy Arm Files for 1.2 Billion India IPO | 09/19/2024 |
2 | HDFC Bank Limited Among the Best Indian Stocks for the Next 10 Years | 10/09/2024 |
3 | HDFC Bank Ltd Stock Price Up 4.68 percent on Oct 21 | 10/21/2024 |
4 | BTO priority access scheme for singles to be rolled out in two phases in 2025 | 11/06/2024 |
5 | Trumps US election win prompts calls for Indian firms to be cautious on forex risks | 11/07/2024 |
6 | Chinas Stimulus Woes May Be A Boon For Indias Equity Bulls | 11/11/2024 |
7 | HDFC Bank Ltd Trading Down 3.28 percent on Nov 12 | 11/12/2024 |
8 | No Clarity on RBI Governors Term Weighs on Rate-Cut Hopes | 11/14/2024 |
9 | LMR Partners LLP Acquires New Stake in Launch One Acquisition Corp | 11/15/2024 |
10 | India stocks higher at close of trade Nifty 50 up 0.07 | 11/19/2024 |
11 | Bears May Double Down on Bets Against Adani Group Stocks After US Bribery Charges | 11/21/2024 |
About HDFC Bank Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including HDFC or other stocks. Alpha measures the amount that position in HDFC Bank Limited has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003219 | 0.007044 | 0.008067 | 0.00847 | Price To Sales Ratio | 10.95 | 10.13 | 4.55 | 4.33 |
HDFC Bank Upcoming Company Events
As portrayed in its financial statements, the presentation of HDFC Bank's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HDFC Bank's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of HDFC Bank's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of HDFC Bank. Please utilize our Beneish M Score to check the likelihood of HDFC Bank's management manipulating its earnings.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 15th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 15th of April 2024 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Build Portfolio with HDFC Bank
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Align your risk with return expectations
Check out HDFC Bank Backtesting, HDFC Bank Valuation, HDFC Bank Correlation, HDFC Bank Hype Analysis, HDFC Bank Volatility, HDFC Bank History and analyze HDFC Bank Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
HDFC 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.