HDFC Bank (Sri Lanka) Market Value
| HDFCN0000 | LKR 43.40 1.40 3.33% |
| Symbol | HDFC |
Please note, there is a significant difference between HDFC Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if HDFC Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HDFC 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.
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.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in HDFC Bank on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding HDFC Bank of or generate 0.0% return on investment in HDFC Bank over 90 days. More
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 of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.34 | |||
| Information Ratio | 0.0996 | |||
| Maximum Drawdown | 42.21 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 8.7 |
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 | 0.0835 | |||
| Jensen Alpha | 0.379 | |||
| Total Risk Alpha | 1.17 | |||
| Sortino Ratio | 0.1796 | |||
| Treynor Ratio | (0.39) |
HDFC Bank Backtested Returns
HDFC Bank appears to be not too volatile, given 3 months investment horizon. HDFC Bank holds Efficiency (Sharpe) Ratio of 0.0917, which attests that the entity had a 0.0917 % return per unit of return volatility over the last 3 months. By inspecting HDFC Bank's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize HDFC Bank's Risk Adjusted Performance of 0.0835, semi deviation of 2.97, and Market Risk Adjusted Performance of (0.38) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HDFC Bank holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -1.29, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning HDFC Bank are expected to decrease by larger amounts. On the other hand, during market turmoil, HDFC Bank is expected to outperform it. Please check HDFC Bank's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether HDFC Bank's current trending patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
HDFC Bank of has poor reverse predictability. Overlapping area represents the amount of predictability between HDFC Bank time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 -0.35 indicates that nearly 35.0% of current HDFC Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 9.75 |
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 of.
Regressed Prices |
| Timeline |
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HDFC Bank financial ratios help investors to determine whether HDFC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HDFC with respect to the benefits of owning HDFC Bank security.