HDFC Bank (Germany) Market Value
| HDFA Stock | 59.00 0.50 0.84% |
| Symbol | HDFC |
HDFC Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to HDFC Bank's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of HDFC Bank.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in HDFC Bank on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding HDFC Bank or generate 0.0% return on investment in HDFC Bank over 30 days.
HDFC Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure HDFC Bank's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess HDFC Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Information Ratio | 0.0471 | |||
| Maximum Drawdown | 7.95 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 2.73 |
HDFC Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HDFC Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HDFC Bank's standard deviation. In reality, there are many statistical measures that can use HDFC Bank historical prices to predict the future HDFC Bank's volatility.| Risk Adjusted Performance | 0.0571 | |||
| Jensen Alpha | 0.0881 | |||
| Total Risk Alpha | 0.0585 | |||
| Sortino Ratio | 0.0468 | |||
| Treynor Ratio | 0.2521 |
HDFC Bank Backtested Returns
Currently, HDFC Bank is very steady. HDFC Bank holds Efficiency (Sharpe) Ratio of 0.0879, which attests that the entity had a 0.0879% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for HDFC Bank, which you can use to evaluate the volatility of the firm. Please check out HDFC Bank's Semi Deviation of 1.25, market risk adjusted performance of 0.2621, and Risk Adjusted Performance of 0.0571 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. HDFC Bank has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HDFC Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding HDFC Bank is expected to be smaller as well. HDFC Bank at this time retains a risk of 1.66%. Please check out HDFC Bank semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if HDFC Bank will be following its current trending patterns.
Auto-correlation | 0.65 |
Good predictability
HDFC Bank has good predictability. Overlapping area represents the amount of predictability between HDFC Bank time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HDFC Bank price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current HDFC Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
HDFC Bank lagged returns against current returns
Autocorrelation, which is HDFC Bank stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting HDFC Bank's stock expected returns. We can calculate the autocorrelation of HDFC Bank returns to help us make a trade decision. For example, suppose you find that HDFC Bank has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
HDFC Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If HDFC Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HDFC Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HDFC Bank stock over time.
Current vs Lagged Prices |
| Timeline |
HDFC Bank Lagged Returns
When evaluating HDFC Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HDFC Bank stock have on its future price. HDFC Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, HDFC Bank autocorrelation shows the relationship between HDFC Bank stock current value and its past values and can show if there is a momentum factor associated with investing in HDFC Bank.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for HDFC Stock Analysis
When running HDFC Bank's price analysis, check to measure HDFC 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 HDFC Bank is operating at the current time. Most of HDFC Bank's value examination focuses on studying past and present price action to predict the probability of HDFC Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HDFC Bank's price. Additionally, you may evaluate how the addition of HDFC Bank to your portfolios can decrease your overall portfolio volatility.