HDFC Competitors

Stocks Brazil . 
Stock . HDFC Bank Limited
H1DB34 Stock  BRL 59.10  2.05  3.59%   
HDFC Bank Limited competes with Ita Unibanco, Deutsche Bank, Banco Bradesco, and Banco Santander; as well as few others. The company operates under Financial Services sector and is part of Banks—Regional industry. Analyzing HDFC Bank competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of HDFC Bank to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out HDFC Bank Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of HDFC Bank competition on your existing holdings.
  
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HDFC Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
57.8959.1060.31
Details
Intrinsic
Valuation
LowRealHigh
56.9258.1359.34
Details
Naive
Forecast
LowNextHigh
58.1559.3660.57
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
55.9557.3158.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HDFC Bank. Your research has to be compared to or analyzed against HDFC Bank's peers to derive any actionable benefits. When done correctly, HDFC Bank's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HDFC Bank Limited.

HDFC Bank Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between HDFC Bank and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of HDFC and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of HDFC Bank Limited does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ITSA4
+ 0.92
ITUB4
BBDC3
+ 0.67
ITUB4
DBAG34
+ 0.58
H1DB34
ITSA4
+ 0.44
BBDC3
ITSA4
+ 0.32
SANB4
SANB4
+ 0.3
ITUB4
  
High negative correlations   
ITSA4
- 0.62
H1DB34
ITUB4
- 0.5
H1DB34
DBAG34
- 0.38
ITUB4
BBDC3
- 0.37
DBAG34
ITSA4
- 0.31
DBAG34
BSLI4
- 0.29
H1DB34

Risk-Adjusted Indicators

There is a big difference between HDFC Stock performing well and HDFC Bank Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze HDFC Bank's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

HDFC Bank Competitive Analysis

The better you understand HDFC Bank competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, HDFC Bank's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across HDFC Bank's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
H1DB34 ITUB4 DBAG34 BBDC3 SANB4 S1IV34 ITSA4 BSLI4
 3.59 
 59.10 
HDFC
 1.41 
 31.45 
Ita
 1.49 
 88.10 
Deutsche
 0.78 
 11.48 
Banco
 0.28 
 14.40 
Banco
 0.00 
 120.07 
SVB
 2.41 
 9.70 
Itasa
 0.1 
 10.46 
BRB
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Very steady
Relatively risky
Market Performance
(90 Days Performance)
Modest
Very Weak
Good
Very Weak
Very Weak
Very Weak
Very Weak
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Low
Below Average
Below Average
Low
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Hold
Strong Buy
Sell
Strong Sell
Strong Hold
Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
2.16 X
N/A
Net Asset
21.11 T
2.32 T
1.32 T
1.8 T
931.21 B
211.48 B
85.98 B
N/A
Profit Margin
0.41 %
0.57 %
0.21 %
0.25 %
0.26 %
0.27 %
1.65 %
16.75 %
EBITDA
N/A
114.14 B
N/A
93.54 B
53.82 B
N/A
12.88 B
N/A
Operating Margin
0.55 %
0.54 %
0.22 %
0.27 %
0.34 %
0.40 %
0.16 %
31.08 %
Price To Book
2.53 X
1.37 X
0.29 X
0.82 X
0.98 X
1.15 X
1.10 X
2.70 X
Current Valuation
N/A
489.01 B
N/A
265.57 B
268.68 B
N/A
99.15 B
10.3 B
Retained Earnings
N/A
32.44 B
N/A
45.01 B
1.8 B
N/A
12.22 B
439 M
Current Asset
N/A
542.76 B
N/A
344.4 B
173.54 B
N/A
5.26 B
1.91 B
Five Year Return
N/A
2.73 %
N/A
1.49 %
5.70 %
N/A
4.38 %
N/A
Beta
0.74
0.49
1.43
0.59
0.69
1.55
0.62
1.39
Number Of Employees
166.89 K
55
84.93 K
75.59 K
52.6 K
8.55 K
20
3.54 K
Shares Outstanding
5.58 B
4.84 B
2.04 B
5.33 B
3.66 B
236.69 M
6.38 B
92.14 M
Cash Flow From Operations
(2.36 T)
129.97 B
(37.58 B)
41.77 B
6.81 B
1.81 B
1.38 B
(1.76 B)
Annual Yield
0.01 %
0.03 %
0.02 %
0.02 %
0.06 %
N/A
0.01 %
N/A
Total Debt
1.55 T
275.73 B
148.19 B
344.63 B
98.68 B
2.57 B
7.98 B
7.59 B
Return On Equity
0.17
0.58
0.0806
0.14
0.16
0.0978
0.22
26.28
Z Score
N/A
N/A
N/A
N/A
0.6
22.2
6.0
0.6
Return On Asset
0.0201
0.0452
0.0043
0.0122
0.0127
0.0076
0.0098
1.83
Book Value Per Share
235.90 X
16.82 X
34.61 X
15.14 X
11.04 X
208.85 X
7.30 X
5.45 X
Current Liabilities
N/A
635.27 B
N/A
702.65 B
370.44 B
N/A
3.16 B
10.71 B
Total Asset
21.11 T
2.32 T
1.32 T
1.8 T
931.21 B
211.48 B
85.98 B
13.97 B
Target Price
N/A
32.58
N/A
N/A
18.2
N/A
11.2
N/A
Last Dividend Paid
N/A
N/A
0.3
N/A
1.29
N/A
0.48
1.14
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
0.13 %
N/A
Shares Owned By Institutions
N/A
43.62 %
N/A
11.58 %
N/A
N/A
30.38 %
N/A
Market Capitalization
599.16 B
239.08 B
133.94 B
129.08 B
106.66 B
97.63 B
85.76 B
8.57 B
Price To Earning
13.17 X
13.82 X
25.16 X
9.55 X
10.29 X
4.70 X
10.73 X
11.89 X
Price To Earnings To Growth
N/A
0.50 X
0.12 X
0.80 X
N/A
N/A
10.25 X
N/A
Price To Sales
0.59 X
1.86 X
4.48 X
1.46 X
2.42 X
12.62 X
9.16 X
2.56 X
Net Income
380.53 B
29.7 B
2.45 B
20.98 B
15.56 B
1.83 B
13.24 B
561.14 M
Earnings Per Share
4.33 X
3.01 X
8.81 X
1.87 X
1.92 X
31.81 X
1.45 X
1.24 X
Shares Owned By Insiders
N/A
N/A
N/A
71.39 %
88.95 %
N/A
20.49 %
83.68 %
Revenue
1.02 T
138.6 B
25.31 B
109 B
48.72 B
5.92 B
23.08 B
3.35 B
Working Capital
N/A
(92.51 B)
N/A
(358.25 B)
(196.9 B)
N/A
2.1 B
(8.8 B)
Cash And Equivalents
1.02 T
366.77 B
600.75 B
406.32 B
122.02 B
8.08 B
3.73 B
2.26 B
Cash Per Share
91.69 X
37.42 X
291.19 X
41.85 X
16.34 X
143.22 X
0.77 X
6.23 X
Gross Profit
911.86 B
115.57 B
25.98 B
85.21 B
47.56 B
5.79 B
2.87 B
3.4 B
Day Typical Price
59.1
31.53
88.1
11.51
14.39
120.07
9.75
10.46
Accumulation Distribution
N/A
0.0148
1.0E-4
0.0146
0.0186
N/A
0.0253
N/A
Market Facilitation Index
N/A
0.47
0.01
0.17
0.27
N/A
0.25
N/A
Daily Balance Of Power
9.2 T
(0.96)
129.0
(0.53)
(0.15)
0.0
(0.96)
(9,223,372,036,855)
Period Momentum Indicator
2.05
(0.45)
1.29
(0.09)
(0.04)
N/A
(0.24)
(0.01)
Rate Of Daily Change
1.04
0.99
1.01
0.99
1.0
1.0
0.98
1.0
Day Median Price
59.1
31.57
88.1
11.52
14.39
120.07
9.78
10.46
Price Action Indicator
1.03
(0.34)
0.64
(0.09)
(0.01)
N/A
(0.20)
(0.01)
Relative Strength Index
61.27
41.37
60.38
37.89
44.36
N/A
40.73
48.41
Coefficient Of Variation
825.36
(913.45)
429.03
(804.31)
(2,735)
N/A
(861.52)
4881.18
Mean Deviation
0.7994
0.8615
1.31
0.7491
0.988
N/A
0.8026
3.57
Jensen Alpha
0.1368
(0.14)
0.4362
(0.13)
(0.06)
N/A
(0.13)
0.1747
Total Risk Alpha
0.1346
(0.14)
0.4329
(0.14)
(0.06)
N/A
(0.13)
0.1586
Sortino Ratio
0.1193
N/A
0.1931
N/A
N/A
N/A
N/A
0.0333
Downside Variance
1.29
N/A
5.08
N/A
N/A
N/A
N/A
27.38
Standard Deviation
1.21
1.14
1.92
0.9919
1.33
N/A
1.03
9.05
Kurtosis
2.98
0.5447
8.48
0.3222
0.6914
N/A
(0.32)
38.58
Potential Upside
2.19
1.5
2.71
1.5
2.51
N/A
1.53
6.79
Treynor Ratio
11.03
(0.42)
1.92
(5.13)
1.18
N/A
(0.69)
0.3094
Maximum Drawdown
6.35
5.43
15.95
4.91
6.62
N/A
4.2
78.47
Variance
1.47
1.3
3.67
0.9838
1.76
N/A
1.06
81.84
Market Risk Adjusted Performance
11.04
(0.41)
1.93
(5.12)
1.19
N/A
(0.68)
0.3194
Risk Adjusted Performance
0.0797
(0.06)
0.1506
(0.07)
(0.02)
N/A
(0.07)
0.022
Skewness
0.9198
(0.44)
(0.86)
0.074
0.2296
N/A
(0.26)
5.34
Semi Deviation
0.7359
N/A
1.62
N/A
N/A
N/A
N/A
4.23
Information Ratio
0.112
(0.12)
0.2273
(0.14)
(0.04)
N/A
(0.13)
0.0193
Value At Risk
(1.64)
(2.07)
(1.78)
(1.89)
(2.14)
N/A
(1.96)
(7.52)
Expected Short fall
(1.29)
N/A
(1.59)
N/A
N/A
N/A
N/A
(7.54)
Downside Deviation
1.14
N/A
2.25
N/A
N/A
N/A
N/A
5.23
Semi Variance
0.5415
N/A
2.63
N/A
N/A
N/A
N/A
17.88

HDFC Bank Competition Performance Charts

Five steps to successful analysis of HDFC Bank Competition

HDFC Bank's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by HDFC Bank Limited in relation to its competition. HDFC Bank's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of HDFC Bank in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact HDFC Bank's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to HDFC Bank Limited, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your HDFC Bank position

In addition to having HDFC Bank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Large & Mid Caps ETFs Thematic Idea Now

Large & Mid Caps ETFs
Large & Mid Caps ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large & Mid Caps ETFs theme has 27 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large & Mid Caps ETFs Theme or any other thematic opportunities.
View All  Next Launch

Additional Information and Resources on Investing in HDFC Stock

When determining whether HDFC Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HDFC Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hdfc Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hdfc Bank Limited Stock:
How To Invest In HDFC
Details
Is HDFC Stock a good investment?
Details
What is HDFC Bank's Net Worth?
Details
Largest Diversified Banks Companies
View
Largest Banks - Regional Companies
View
Check out HDFC Bank Correlation with its peers.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY