IDFC First (India) Market Value
| IDFCFIRSTB | 54.62 1.73 3.27% |
| Symbol | IDFC |
IDFC First '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 IDFC First'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 IDFC First.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in IDFC First on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding IDFC First Bank or generate 0.0% return on investment in IDFC First over 90 days. IDFC First is related to or competes with Shyam Metalics, Dodla Dairy, Bikaji Foods, Vertoz Advertising, Nucleus Software, Rainbow Childrens, and Megastar Foods. IDFC First is entity of India. It is traded as Stock on NSE exchange. More
IDFC First 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 IDFC First'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 IDFC First Bank upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 13.3 | |||
| Value At Risk | (3.22) | |||
| Potential Upside | 2.66 |
IDFC First Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IDFC First's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDFC First's standard deviation. In reality, there are many statistical measures that can use IDFC First historical prices to predict the future IDFC First's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 2.16 |
IDFC First Bank Backtested Returns
IDFC First Bank holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12 % return per unit of return volatility over the last 3 months. IDFC First Bank exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IDFC First's Market Risk Adjusted Performance of 2.17, risk adjusted performance of (0.13), and Coefficient Of Variation of (662.62) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IDFC First are expected to decrease at a much lower rate. During the bear market, IDFC First is likely to outperform the market. At this point, IDFC First Bank has a negative expected return of -0.27%. Please make sure to check out IDFC First's information ratio, skewness, day typical price, as well as the relationship between the treynor ratio and daily balance of power , to decide if IDFC First Bank performance from the past will be repeated in the future.
Auto-correlation | 0.39 |
Below average predictability
IDFC First Bank has below average predictability. Overlapping area represents the amount of predictability between IDFC First 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 IDFC First Bank price movement. The serial correlation of 0.39 indicates that just about 39.0% of current IDFC First price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 9.37 |
IDFC First Bank lagged returns against current returns
Autocorrelation, which is IDFC First 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 IDFC First's stock expected returns. We can calculate the autocorrelation of IDFC First returns to help us make a trade decision. For example, suppose you find that IDFC First 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 |
IDFC First 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 IDFC First stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDFC First stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDFC First stock over time.
Current vs Lagged Prices |
| Timeline |
IDFC First Lagged Returns
When evaluating IDFC First's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDFC First stock have on its future price. IDFC First 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, IDFC First autocorrelation shows the relationship between IDFC First stock current value and its past values and can show if there is a momentum factor associated with investing in IDFC First Bank.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for IDFC Stock Analysis
When running IDFC First's price analysis, check to measure IDFC First'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 IDFC First is operating at the current time. Most of IDFC First's value examination focuses on studying past and present price action to predict the probability of IDFC First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDFC First's price. Additionally, you may evaluate how the addition of IDFC First to your portfolios can decrease your overall portfolio volatility.