HDFC Bank (Germany) Market Value
HDFC Bank's market value is the price at which a share of HDFC Bank trades on a public exchange. It measures the collective expectations of HDFC Bank Limited investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of HDFC Bank Limited and determine expected loss or profit from investing in HDFC Bank over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
| Symbol | HDFC |
HDFC 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 HDFC 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 HDFC Bank.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in HDFC Bank on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding HDFC Bank Limited or generate 0.0% return on investment in HDFC Bank over 720 days. HDFC Bank is related to or competes with Columbia Sportswear, DICKS Sporting, Penn National, Gaztransport Technigaz, PENN NATL, FRACTAL GAMING, and USWE SPORTS. HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong ... More
HDFC 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 HDFC 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 HDFC Bank Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.86 |
HDFC Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HDFC Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HDFC Bank's standard deviation. In reality, there are many statistical measures that can use HDFC Bank historical prices to predict the future HDFC Bank's volatility.| Risk Adjusted Performance | 0.0393 | |||
| Jensen Alpha | 0.0641 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4457 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HDFC Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HDFC Bank Limited Backtested Returns
We consider HDFC Bank very steady. HDFC Bank Limited holds Efficiency (Sharpe) Ratio of 0.053, which attests that the entity had a 0.053% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for HDFC Bank Limited, which you can use to evaluate the volatility of the firm. Please check out HDFC Bank's Market Risk Adjusted Performance of 0.4557, risk adjusted performance of 0.0393, and Semi Deviation of 1.52 to validate if the risk estimate we provide is consistent with the expected return of 0.0892%. HDFC Bank has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HDFC Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding HDFC Bank is expected to be smaller as well. HDFC Bank Limited at this time retains a risk of 1.69%. Please check out HDFC Bank semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if HDFC Bank will be following its current trending patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
HDFC Bank Limited has modest reverse predictability. Overlapping area represents the amount of predictability between HDFC Bank time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 to 24th of April 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 HDFC Bank Limited price movement. The serial correlation of -0.45 indicates that just about 45.0% of current HDFC Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 17.68 |
HDFC Bank Limited lagged returns against current returns
Autocorrelation, which is HDFC 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 HDFC Bank's stock expected returns. We can calculate the autocorrelation of HDFC Bank returns to help us make a trade decision. For example, suppose you find that HDFC 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 |
HDFC 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 HDFC Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HDFC Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HDFC Bank stock over time.
Current vs Lagged Prices |
| Timeline |
HDFC Bank Lagged Returns
When evaluating HDFC Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HDFC Bank stock have on its future price. HDFC 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, HDFC Bank autocorrelation shows the relationship between HDFC Bank stock current value and its past values and can show if there is a momentum factor associated with investing in HDFC Bank Limited.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HDFC Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HDFC Bank's short interest history, or implied volatility extrapolated from HDFC Bank options trading.
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Try AI Portfolio ArchitectCheck out HDFC Bank Correlation, HDFC Bank Volatility and HDFC Bank Alpha and Beta module to complement your research on HDFC Bank. Note that the HDFC Bank Limited information on this page should be used as a complementary analysis to other HDFC Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for HDFC Stock analysis
When running HDFC Bank's price analysis, check to measure HDFC 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 HDFC Bank is operating at the current time. Most of HDFC Bank's value examination focuses on studying past and present price action to predict the probability of HDFC 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 HDFC Bank's price. Additionally, you may evaluate how the addition of HDFC Bank to your portfolios can decrease your overall portfolio volatility.
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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.