STATE BK (India) Today

STATE BK is selling at 525.10 as of the 8th of December 2021; that is -0.09 percent decrease since the beginning of the trading day. The stock's lowest day price was 521.5. Equity ratings for STATE BK OF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2019 and ending today, the 8th of December 2021. Click here to learn more.
Valuation
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STATE BK Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. STATE BK's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding STATE BK or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
STATE BK is not yet fully synchronised with the market data
STATE BK OF has accumulated about 1580 B in cash with (3510 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 176.93.
Roughly 57.0% of the company outstanding shares are owned by corporate insiders
Legal NameSTATE BK OF
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 STATE BK's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
STATE BK OF (SBIN) is traded on National Stock Exchange of India in India and employs 245,652 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 4490 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate STATE BK's market, we take the total number of its shares issued and multiply it by STATE BK'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. STATE BK operates under Financial Services sector and is part of Banks—Regional industry. The entity has 8.92 B outstanding shares. STATE BK OF has accumulated about 1580 B in cash with (3510 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 176.93.
Check STATE BK Probability Of Bankruptcy

STATE Stock Price Odds Analysis

What are STATE BK's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of STATE BK jumping above the current price in 90 days from now is about 1.8%. The STATE BK OF probability density function shows the probability of STATE BK stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon STATE BK OF has a beta of -0.113. This usually implies as returns on benchmark increase, returns on holding STATE BK are expected to decrease at a much lower rate. During the bear market, however, STATE BK OF is likely to outperform the market. Additionally, the company has an alpha of 0.3349, implying that it can generate a 0.33 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 525.1HorizonTargetOdds Up 525.1 
98.18%90 days
 525.10 
1.80%
Based on a normal probability distribution, the odds of STATE BK to move above the current price in 90 days from now is about 1.8 (This STATE BK OF probability density function shows the probability of STATE Stock to fall within a particular range of prices over 90 days) .

STATE BK Risk Profiles

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

STATE Stock Against Markets

Picking the right benchmark for STATE BK 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 STATE BK 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 STATE BK is critical whether you are bullish or bearish towards STATE BK OF at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with STATE BK stock to make a market-neutral strategy. Peer analysis of STATE BK could also be used in its relative valuation, which is a method of valuing STATE BK by comparing valuation metrics with similar companies.
Additionally, take a look at World Market Map. Note that the STATE BK information on this page should be used as a complementary analysis to other STATE BK'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Tools for STATE Stock

When running STATE BK price analysis, check to measure STATE BK'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 STATE BK is operating at the current time. Most of STATE BK's value examination focuses on studying past and present price action to predict the probability of STATE BK's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move STATE BK's price. Additionally, you may evaluate how the addition of STATE BK to your portfolios can decrease your overall portfolio volatility.
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