HDFC Bank shares still a reliable long-term investment pick Check target price - ET Now
| HDFCBANK | 1,772 22.00 1.23% |
About 62% of HDFC Bank's investor base is looking to short. The analysis of overall sentiment of trading HDFC Bank Limited stock suggests that many investors are alarmed at this time. HDFC Bank's investing sentiment overview a quick insight into current market opportunities from investing in HDFC Bank Limited. Many technical investors use HDFC Bank Limited stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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HDFC Bank shares still a reliable long-term investment pick Check target price ET Now
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HDFC Bank Fundamental Analysis
We analyze HDFC Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HDFC Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HDFC Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
HDFC Bank is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
HDFC Bank Limited Potential Pair-trading
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 HDFC Bank stock to make a market-neutral strategy. Peer analysis of HDFC Bank could also be used in its relative valuation, which is a method of valuing HDFC Bank by comparing valuation metrics with similar companies.
Peers
HDFC Bank Related Equities
| AKUMS | Akums Drugs | 2.18 | ||||
| TMB | Tamilnad Mercantile | 0.52 | ||||
| CSBBANK | CSB Bank | 0.90 | ||||
| JMFINANCIL | JM Financial | 1.50 | ||||
| INDRAMEDCO | Indraprastha Medical | 2.35 | ||||
| CUB | City Union | 2.61 | ||||
| DCBBANK | DCB Bank | 2.70 | ||||
| EDELWEISS | Edelweiss Financial | 4.23 |
Check out HDFC Bank Hype Analysis, HDFC Bank Correlation and HDFC Bank Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.