HDFC Bank (India) Price on September 4, 2024
| HDFCBANK | 1,798 7.50 0.42% |
Below is the normalized historical share price chart for HDFC Bank Limited extending back to January 01, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of HDFC Bank stands at 1,798, as last reported on the 29th of December, with the highest price reaching 1,806 and the lowest price hitting 1,789 during the day.
If you're considering investing in HDFC Stock, it is important to understand the factors that can impact its price. As of now, HDFC Stock is very steady. HDFC Bank Limited holds Efficiency (Sharpe) Ratio of 0.0537, which attests that the entity had a 0.0537% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for HDFC Bank Limited, which you can use to evaluate the volatility of the firm. Please check out HDFC Bank's Risk Adjusted Performance of 0.0249, market risk adjusted performance of 0.0798, and Semi Deviation of 1.17 to validate if the risk estimate we provide is consistent with the expected return of 0.0673%.
At this time, HDFC Bank's Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 42.3 T, while Common Stock Shares Outstanding is likely to drop about 5.7 B. . HDFC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.6 K | 50 Day MA 1.8 K | Beta 0.833 |
HDFC |
Sharpe Ratio = 0.0537
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| Cash | HDFCBANK | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average HDFC Bank is performing at about 4% 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 HDFC Bank by adding it to a well-diversified portfolio.
Price Book 1.9795 | Book Value 632.437 | Enterprise Value 17.8 T | Price Sales 4.9809 | Shares Float 7.6 B |
HDFC Bank Valuation on September 4, 2024
It is possible to determine the worth of HDFC Bank on a given historical date. On September 4, 2024 HDFC was worth 1639.0 at the beginning of the trading date compared to the closed value of 1641.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HDFC Bank stock. Still, in general, we apply an absolute valuation method to find HDFC Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HDFC Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HDFC Bank's related companies.
| Open | High | Low | Close | Volume | |
| 1,634 | 1,640 | 1,625 | 1,637 | 18,641,430 | |
09/04/2024 | 1,639 | 1,645 | 1,632 | 1,642 | 12,341,372 |
| 1,646 | 1,650 | 1,642 | 1,645 | 11,438,159 |
| Backtest HDFC Bank | | | HDFC Bank History | | | HDFC Bank Valuation | Previous | Next |
HDFC Bank Trading Date Momentum on September 4, 2024
| On September 05 2024 HDFC Bank Limited was traded for 1,645 at the closing time. The highest price during the trading period was 1,650 and the lowest recorded bid was listed for 1,642 . The volume for the day was 11.4 M. This history from September 5, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.22% . The trading delta at closing time to the current price is 1.53% . |
HDFC Bank Limited Fundamentals Correlations and Trends
By evaluating HDFC Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HDFC Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HDFC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HDFC Bank Stock history
HDFC Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HDFC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HDFC Bank Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HDFC Bank stock prices may prove useful in developing a viable investing in HDFC Bank
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.1 B | 5.7 B | |
| Net Income Applicable To Common Shares | 529 B | 555.4 B |
HDFC Bank Stock Technical Analysis
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.
Price Boundaries
HDFC Bank Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
HDFC Bank Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
HDFC Bank December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how HDFC Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HDFC Bank shares will generate the highest return on investment. By undertsting and applying HDFC Bank stock market strength indicators, traders can identify HDFC Bank Limited entry and exit signals to maximize returns
HDFC Bank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HDFC Bank's price direction in advance. Along with the technical and fundamental analysis of HDFC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HDFC to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | 0.016 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.001 | |||
| Treynor Ratio | 0.0698 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Bank Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.