ICICI BANK (India) Today

ICICIBANK -  India Stock  

INR 720.00  5.90  0.83%

ICICI BANK is trading at 720.00 as of the 19th of September 2021, a 0.83 percent increase since the beginning of the trading day. The stock's open price was 714.1. ICICI BANK has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for ICICI BANK LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of August 2021 and ending today, the 19th of September 2021. Click here to learn more.
 Market Performance
13 of 100
  Odds Of Distress
Less than 30
Follow Valuation Odds of Bankruptcy
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ICICI BANK Stock Profile

ICICI Bank Limited provides various banking products and financial services in India and internationally. ICICI Bank Limited was founded in 1955 and is headquartered in Mumbai, India. ICICI BANK operates under BanksRegional classification in India and is traded on Bombay Stock Exchange. more on ICICI BANK
ICICI BANK LTD has accumulated about 1080 B in cash with (268.76 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 167.24.
Legal NameICICI BANK LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ICICI BANK's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
ICICI BANK LTD (ICICIBANK) is traded on Bombay Stock Exchange in India and employs 112,360 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 4690 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ICICI BANK's market, we take the total number of its shares issued and multiply it by ICICI BANK's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. ICICI BANK LTD operates under Financial Services sector and is part of Banks—Regional industry. The entity has 6.9 B outstanding shares. ICICI BANK LTD has accumulated about 1080 B in cash with (268.76 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 167.24.
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Ownership
ICICI BANK LTD has a total of six billion nine hundred million outstanding shares. Over half of ICICI BANK LTD outstanding shares are owned by outside corporations. These outside corporations are typically referred to corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Thereupon, these institutions are subject to different rules and regulation than regular investors in ICICI BANK LTD. Please watch out for any change in the institutional holdings of ICICI BANK as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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ICICI Stock Price Odds Analysis

What are ICICI BANK's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ICICI BANK jumping above the current price in 90 days from now is about 6.47%. The ICICI BANK LTD probability density function shows the probability of ICICI BANK stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ICICI BANK LTD has a beta of -0.1234. This usually indicates as returns on benchmark increase, returns on holding ICICI BANK are expected to decrease at a much lower rate. During the bear market, however, ICICI BANK LTD is likely to outperform the market. Additionally, the company has an alpha of 0.2515, implying that it can generate a 0.25 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 720.0HorizonTargetOdds Up 720.0 
93.46%90 days
 720.00 
6.47%
Based on a normal probability distribution, the odds of ICICI BANK to move above the current price in 90 days from now is about 6.47 (This ICICI BANK LTD probability density function shows the probability of ICICI Stock to fall within a particular range of prices over 90 days) .

ICICI BANK LTD Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ICICI BANK market risk premium is the additional return an investor will receive from holding ICICI 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 ICICI 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. Although ICICI BANK's alpha and beta are two of the key measurements used to evaluate ICICI BANK's performance over the market, the standard measures of volatility play an important role as well.

ICICI Stock Against Markets

Picking the right benchmark for ICICI BANK stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ICICI BANK stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ICICI BANK is critical whether you are bullish or bearish towards ICICI BANK LTD at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ICICI BANK without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Probability Of Bankruptcy

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Please see Risk vs Return Analysis. Note that the ICICI BANK LTD information on this page should be used as a complementary analysis to other ICICI 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 Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.

Other Tools for ICICI Stock

When running ICICI BANK LTD 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 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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