ICICI Bank (Germany) Technical Analysis
ICBA Stock | EUR 29.40 0.20 0.68% |
As of the 27th of November, ICICI Bank retains the downside deviation of 2.01, and Semi Deviation of 1.38. ICICI Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out ICICI Bank Limited variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if ICICI Bank is priced more or less accurately, providing market reflects its last-minute price of 29.4 per share.
ICICI Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ICICI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ICICIICICI |
ICICI 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.
ICICI Bank Limited Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ICICI Bank Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ICICI Bank Limited Trend Analysis
Use this graph to draw trend lines for ICICI Bank Limited. You can use it to identify possible trend reversals for ICICI Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ICICI Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ICICI Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ICICI Bank Limited applied against its price change over selected period. The best fit line has a slop of 0.03 , which means ICICI Bank Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 45.15, which is the sum of squared deviations for the predicted ICICI Bank price change compared to its average price change.About ICICI Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ICICI Bank Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ICICI Bank Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ICICI Bank Limited price pattern first instead of the macroeconomic environment surrounding ICICI Bank Limited. By analyzing ICICI Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ICICI Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ICICI Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
ICICI Bank November 27, 2024 Technical Indicators
Most technical analysis of ICICI help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ICICI from various momentum indicators to cycle indicators. When you analyze ICICI charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.105 | |||
Market Risk Adjusted Performance | 0.8796 | |||
Mean Deviation | 1.33 | |||
Semi Deviation | 1.38 | |||
Downside Deviation | 2.01 | |||
Coefficient Of Variation | 768.57 | |||
Standard Deviation | 1.73 | |||
Variance | 2.98 | |||
Information Ratio | 0.0545 | |||
Jensen Alpha | 0.1848 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0469 | |||
Treynor Ratio | 0.8696 | |||
Maximum Drawdown | 7.39 | |||
Value At Risk | (2.74) | |||
Potential Upside | 3.01 | |||
Downside Variance | 4.03 | |||
Semi Variance | 1.9 | |||
Expected Short fall | (1.74) | |||
Skewness | 0.1081 | |||
Kurtosis | (0.12) |
Complementary Tools for ICICI Stock analysis
When running ICICI Bank's price analysis, check to measure ICICI 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 ICICI Bank is operating at the current time. Most of ICICI Bank's value examination focuses on studying past and present price action to predict the probability of ICICI 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 ICICI Bank's price. Additionally, you may evaluate how the addition of ICICI Bank to your portfolios can decrease your overall portfolio volatility.
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