Axis Bank (India) Today
| AXISBANK | 1,128 15.95 1.39% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Axis Bank is selling at 1127.70 as of the 7th of May 2024; that is -1.39 percent decrease since the beginning of the trading day. The stock's open price was 1143.65. Axis Bank has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Axis Bank Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
Business Domain Banks | Category Financial Services | Classification Financials |
Axis Bank is entity of India. It is traded as Stock on NSE exchange. The company has 3.09 B outstanding shares. More on Axis Bank Limited
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Axis Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Axis Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Axis Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Axis Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Axis Bank's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| President Legal | Damini Marwah | ||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, Financials, Banks, Banks-Regional, Financial Services (View all Sectors) | ||||
Axis Bank's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Axis Bank's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Axis Bank's financial leverage. It provides some insight into what part of Axis Bank's total assets is financed by creditors.
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Axis Bank Limited (AXISBANK) is traded on National Stock Exchange of India in India and employs 11 people. Axis Bank is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 3.51 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Axis Bank's market, we take the total number of its shares issued and multiply it by Axis Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Axis Bank Limited operates under Banks sector and is part of Financials industry. The entity has 3.09 B outstanding shares.
Axis Bank generates positive cash flow from operations, but has no cash available
Check Axis Bank Probability Of Bankruptcy
Ownership AllocationAxis Bank Limited retains a total of 3.09 Billion outstanding shares. Over half of Axis Bank's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Axis Bank. Please watch out for any change in the institutional holdings of Axis Bank Limited as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Axis Ownership Details
Axis Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Axis Bank jumping above the current price in 90 days from now is nearly 4.49%. The Axis Bank Limited probability density function shows the probability of Axis Bank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Axis Bank Limited has a beta of -0.3085. This suggests as returns on the benchmark increase, returns on holding Axis Bank are expected to decrease at a much lower rate. During a bear market, however, Axis Bank Limited is likely to outperform the market. Additionally, axis Bank Limited has an alpha of 0.1345, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Axis Bank to move above the current price in 90 days from now is nearly 4.49 (This Axis Bank Limited probability density function shows the probability of Axis Stock to fall within a particular range of prices over 90 days) .
Axis Bank Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Axis Bank market risk premium is the additional return an investor will receive from holding Axis Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Axis Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Axis Bank's alpha and beta are two of the key measurements used to evaluate Axis Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.13 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.36 |
Axis Stock Against Markets
Picking the right benchmark for Axis Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Axis Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Axis Bank is critical whether you are bullish or bearish towards Axis Bank Limited at a given time. Please also check how Axis Bank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Axis Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Axis Bank Corporate Management
Elected by the shareholders, the Axis Bank's board of directors comprises two types of representatives: Axis Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Axis. The board's role is to monitor Axis Bank's management team and ensure that shareholders' interests are well served. Axis Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Axis Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rudrapriyo Ray | President | Profile | |
| Julius Samson | Corporate Head | Profile | |
| Puneet Sharma | Group CFO | Profile | |
| Charanjit Singh | Pres Exec | Profile | |
| Amitabh Chaudhry | CEO MD | Profile |
How to buy Axis Stock?
Before investing in Axis Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Axis Bank. To buy Axis Bank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Axis Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Axis Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Axis Bank Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Axis Bank Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Axis Bank Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Axis Bank Limited?
The danger of trading Axis Bank Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Axis Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Axis Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Axis Bank Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Axis Bank Limited information on this page should be used as a complementary analysis to other Axis Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Axis Stock analysis
When running Axis Bank's price analysis, check to measure Axis 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 Axis Bank is operating at the current time. Most of Axis Bank's value examination focuses on studying past and present price action to predict the probability of Axis 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 Axis Bank's price. Additionally, you may evaluate how the addition of Axis Bank to your portfolios can decrease your overall portfolio volatility.
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