ICICI Stock Performance

IP
ICICIMCAP -- India Stock  

INR 51.33  0.01  0.0195%

On a scale of 0 to 100 ICICI Prudential holds performance score of 12. The corporation retains a Market Volatility (i.e. Beta) of -0.0227, which attests that as returns on market increase, returns on owning ICICI Prudential are expected to decrease at a much smaller rate. During bear market, ICICI Prudential is likely to outperform the market. Although it is vital to follow to ICICI Prudential Midcap current price history, it is good to be conservative about what you can actually do with the information regarding equity current price movements. The approach towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting ICICI Prudential Midcap technical indicators you can right now evaluate if the expected return of 0.427% will be sustainable into the future. Please utilizes ICICI Prudential Treynor Ratio, and the relationship between Variance and Potential Upside to make a quick decision on weather ICICI Prudential Midcap current trending patterns will revert.

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ICICI Prudential Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in ICICI Prudential Midcap are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, ICICI Prudential sustained solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low52.60
Fifty Two Week High61.12

ICICI Prudential Relative Risk vs. Return Landscape

If you would invest  4,795  in ICICI Prudential Midcap on May 5, 2020 and sell it today you would earn a total of  338.00  from holding ICICI Prudential Midcap or generate 7.05% return on investment over 30 days. ICICI Prudential Midcap is generating 0.427% of daily returns and assumes 2.3367% volatility on return distribution over the 30 days horizon. Simply put, 20% of equities are less volatile than ICICI Prudential and 93% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, ICICI Prudential is expected to generate 0.59 times more return on investment than the market. However, the company is 1.7 times less risky than the market. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of risk.

ICICI Prudential Market Risk Analysis

Sharpe Ratio = 0.1827
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ICICI Prudential Stock Performance Indicators

Estimated Market Risk
 2.34
  actual daily
 
 20 %
of total potential
 
2020
Expected Return
 0.43
  actual daily
 
 7 %
of total potential
 
77
Risk-Adjusted Return
 0.18
  actual daily
 
 12 %
of total potential
 
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Based on monthly moving average ICICI Prudential is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ICICI Prudential by adding it to a well-diversified portfolio.

About ICICI Prudential Performance

To evaluate ICICI Prudential Midcap Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when ICICI Prudential is generating a 10% return over the last few months, but what if the market is generating 20% over the same period? In this case, it makes sense to compare ICICI's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ICICI Prudential Midcap stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents ICICI's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.

ICICI Prudential Alerts

Equity Alerts and Improvement Suggestions

ICICI Prudential is not yet fully synchronised with the market data
Please see Risk vs Return Analysis. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page