ICICI Competitors

Stocks . Germany . 
Stock . ICICI Bank Limited
ICBA Stock  EUR 29.00  1.00  3.57%   
ICICI Bank Limited competes with THAI BEVERAGE, Stag Industrial, GREENX METALS, Harmony Gold, and China Resources; as well as few others. The company operates under Financial Services sector and is part of Banks - Regional - Asia industry. Analyzing ICICI Bank competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of ICICI Bank to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ICICI Bank Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of ICICI Bank competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
27.3229.0030.68
Details
Intrinsic
Valuation
LowRealHigh
22.5124.1931.90
Details
Naive
Forecast
LowNextHigh
26.6828.3630.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.1329.2330.33
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ICICI Bank. Your research has to be compared to or analyzed against ICICI Bank's peers to derive any actionable benefits. When done correctly, ICICI Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ICICI Bank Limited.

ICICI Bank Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ICICI Bank and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of ICICI and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ICICI Bank Limited does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
US8
+ 0.83
HAM
US8
+ 0.66
5PMA
HAM
+ 0.6
5PMA
PCHP
+ 0.54
SW6
HAM
+ 0.52
SW6
US8
+ 0.51
CHK
  
High negative correlations   
NY70
- 0.69
CHK
NY70
- 0.68
US8
NY70
- 0.64
5PMA
NY70
- 0.59
HAM
CHK
- 0.47
T6W
HAM
- 0.38
T6W

Risk-Adjusted Indicators

There is a big difference between ICICI Stock performing well and ICICI Bank Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ICICI Bank's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

ICICI Bank Competitive Analysis

The better you understand ICICI Bank competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ICICI Bank's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ICICI Bank's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
ICBA T6W SW6 5PMA HAM CHK US8 NY70 PCHP
 3.57 
 29.00 
ICICI
 2.63 
 0.37 
THAI
 0.31 
 31.81 
Stag
 4.65 
 0.45 
GREENX
 3.11 
 8.30 
Harmony
 0.71 
 2.84 
China
 1.26 
 8.05 
MCEWEN
 0.93 
 54.50 
MOLSON
 0.42 
 2.41 
SERI
Market Volatility
(90 Days Market Risk)
Very steady
Abnormally volatile
Very steady
Out of control
Slightly risky
Risky
Slightly risky
Very steady
Very risky
Market Performance
(90 Days Performance)
Modest
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Very Weak
Modest
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Quite High
Low
Low
Below Average
Unknown
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
1.38
0.68
N/A
0.74
Net Asset
17.53 T
507.79 B
6.18 B
N/A
46.81 B
51.05 B
N/A
N/A
Profit Margin
0.28
N/A
N/A
N/A
-0.0247
0.12
N/A
0.0463
EBITDA
N/A
53.93 B
535.29 M
N/A
(340 M)
6.22 B
N/A
1.66 B
Operating Margin
0.31
N/A
N/A
N/A
0.099
0.1
N/A
0.0916
Current Valuation
1.1 T
16.34 B
8.06 B
N/A
2.12 B
20.1 B
N/A
N/A
Price To Book
3.24
2.08
1.64
N/A
1.26
5.74
N/A
N/A
Five Year Return
1.28
N/A
N/A
N/A
N/A
1.37
N/A
N/A
Beta
0.76
N/A
N/A
N/A
0.82
0.61
N/A
0.88
Number Of Employees
130.54 K
N/A
N/A
N/A
9
25 K
430
16.6 K
Shares Outstanding
3.49 B
N/A
N/A
N/A
618.03 M
3.24 B
N/A
2.56 M
Cash Flow From Operations
(733.14 B)
45.01 B
387.93 M
N/A
6.92 B
5 B
N/A
1.38 B
Annual Yield
0.0067
0.38
0.052
N/A
0.0132
0.0113
N/A
0.0187
Total Debt
1.62 T
153.06 B
2.32 B
N/A
3.18 B
200 M
N/A
8.54 B
Return On Equity
0.17
N/A
N/A
N/A
-0.033
0.16
N/A
0.0361
Z Score
N/A
N/A
1.2
N/A
N/A
76.8
N/A
0.6
Return On Asset
0.0187
N/A
N/A
N/A
0.0552
0.0413
N/A
0.0225
Book Value Per Share
586.39
N/A
N/A
N/A
48.73
8.44
N/A
60.78
Total Asset
17.53 T
507.79 B
6.18 B
N/A
46.81 B
51.05 B
N/A
N/A
Target Price
24.23
N/A
N/A
N/A
3.32
N/A
N/A
N/A
Last Dividend Paid
N/A
0.0147
N/A
N/A
0.62
0.54
N/A
1.48
Debt To Equity
N/A
N/A
N/A
N/A
23.2
0.009
N/A
0.64
Shares Owned By Institutions
19.63
N/A
N/A
N/A
33.97
21.39
N/A
0.18
Market Capitalization
67.6 B
10.86 B
6.9 B
N/A
1.81 B
25.65 B
N/A
10.52 B
Price To Earning
31.06
N/A
N/A
N/A
N/A
82.51
N/A
N/A
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
1.73
N/A
N/A
Price To Sales
0.0662
1.57
8.78
N/A
0.044
0.61
N/A
N/A
Net Income
251.1 B
30.11 B
178.33 M
N/A
(1.05 B)
4.59 B
N/A
(554.3 M)
Earnings Per Share
1.05
N/A
N/A
N/A
-0.09
0.17
N/A
2.09
Shares Owned By Insiders
0.18
N/A
N/A
N/A
N/A
51.95
N/A
0.14
Revenue
1.16 T
272.36 B
657.35 M
N/A
42.65 B
33.39 B
N/A
10.69 B
Cash And Equivalents
4.86 B
N/A
N/A
N/A
52.12 M
4.54 B
N/A
1.31 B
Cash Per Share
1.52
N/A
N/A
N/A
0.12
1.4
N/A
6.03
Gross Profit
989.36 B
N/A
N/A
N/A
9.05 B
13.07 B
N/A
4.05 B
Day Typical Price
28.73
0.37
31.81
0.44
8.2
2.84
7.97
54.5
2.41
Accumulation Distribution
0.97
N/A
N/A
0.0444
0.0361
N/A
0.0311
N/A
N/A
Market Facilitation Index
0.0229
N/A
N/A
0.02
0.3
N/A
0.25
N/A
N/A
Daily Balance Of Power
1.25
(9,223,372,036,855)
(9,223,372,036,855)
1.0
0.8333
9.2 T
0.4
9.2 T
9.2 T
Period Momentum Indicator
1.0
(0.01)
(0.10)
0.02
0.25
0.02
0.1
0.5
0.01
Rate Of Daily Change
1.04
0.97
1.0
1.05
1.03
1.01
1.01
1.01
1.0
Day Median Price
28.6
0.37
31.81
0.44
8.15
2.84
7.93
54.5
2.41
Price Action Indicator
0.9
(0.01)
(0.05)
0.02
0.28
0.01
0.18
0.25
0.005
Relative Strength Index
47.98
58.01
42.31
52.25
46.9
39.55
48.61
43.59
43.92
Coefficient Of Variation
1649.66
7870.72
(1,488)
1643.04
(2,920)
(817.36)
15502.3
1528.34
(2,543)
Mean Deviation
1.23
1.84
1.09
3.31
2.6
2.59
2.46
0.9792
3.04
Jensen Alpha
0.0947
0.0316
(0.11)
0.2423
(0.12)
(0.44)
0.0225
0.1073
(0.19)
Total Risk Alpha
0.0548
(0.03)
(0.14)
0.1688
(0.20)
(0.54)
(0.06)
0.0644
(0.28)
Sortino Ratio
0.0416
0.0016
N/A
0.0557
N/A
N/A
(0)
0.0303
N/A
Downside Variance
3.18
11.18
N/A
20.48
N/A
N/A
12.89
7.76
N/A
Standard Deviation
1.68
2.59
1.47
4.6
3.36
3.68
3.48
1.71
4.4
Kurtosis
1.05
0.7909
1.96
2.08
0.3327
2.69
2.53
3.26
2.55
Potential Upside
3.01
2.94
2.34
8.7
6.41
5.49
5.3
3.6
10.62
Treynor Ratio
(0.54)
(0.05)
1.79
0.1721
0.2822
0.4347
(0.02)
(0.34)
(0.33)
Maximum Drawdown
9.37
14.13
7.89
24.82
16.53
17.89
20.89
10.52
26.24
Variance
2.81
6.72
2.17
21.13
11.31
13.57
12.1
2.93
19.34
Market Risk Adjusted Performance
(0.53)
(0.04)
1.8
0.1821
0.2922
0.4447
(0.01)
(0.33)
(0.32)
Risk Adjusted Performance
0.0536
0.0171
(0.05)
0.0568
(0.02)
(0.09)
0.0128
0.0575
(0.02)
Skewness
0.3734
0.3301
0.8989
0.9859
0.3678
0.2142
0.1031
0.2086
0.6041
Semi Deviation
1.3
2.08
N/A
3.27
N/A
N/A
3.26
1.3
N/A
Information Ratio
0.0442
0.0021
(0.09)
0.0549
(0.04)
(0.13)
(0)
0.0494
(0.05)
Value At Risk
(2.16)
(2.86)
(2.37)
(6.25)
(5.38)
(5.52)
(4.62)
(3.31)
(7.28)
Expected Short fall
(1.79)
(3.23)
N/A
(5.24)
N/A
N/A
(2.73)
(1.91)
N/A
Downside Deviation
1.78
3.34
N/A
4.53
N/A
N/A
3.59
2.79
N/A
Semi Variance
1.68
4.34
N/A
10.67
N/A
N/A
10.65
1.7
N/A

ICICI Bank Competition Performance Charts

Five steps to successful analysis of ICICI Bank Competition

ICICI Bank's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ICICI Bank Limited in relation to its competition. ICICI Bank's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of ICICI Bank in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ICICI Bank's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ICICI Bank Limited, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your ICICI Bank position

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Additional Information and Resources on Investing in ICICI Stock

When determining whether ICICI Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICICI Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icici Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icici Bank Limited Stock:
How To Invest In ICICI
Details
Is ICICI Stock a good investment?
Details
What is ICICI Bank's Net Worth?
Details
Largest Diversified Banks Companies
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Largest Banks - Regional Companies
View
Check out ICICI Bank Correlation with its peers.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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