Axis Bank (UK) Today
| AXB Stock | USD 68.40 3.40 5.23% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Axis Bank is selling for 68.40 as of the 26th of April 2024. This is a 5.23 percent up since the beginning of the trading day. The stock's lowest day price was 65.9. 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 Ltd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of February 2024 and ending today, the 26th of April 2024. Click here to learn more.
Moving against Axis Stock
| 0.48 | 0RIH | Alphabet Class A | PairCorr |
| 0.43 | 0LCV | Taiwan Semiconductor | PairCorr |
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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.
| Business Concentration | Financials, Banks, Banks-Regional, Financial Services (View all Sectors) |
Axis Bank Ltd (AXB) is traded on London IL in UK and employs 91,898 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 41.42 B. 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 operates under Banks sector and is part of Financials industry. The entity has 614.37 M outstanding shares.
Axis Bank generates negative cash flow from operations
Check Axis Bank Probability Of Bankruptcy
Ownership AllocationAxis Bank retains a total of 614.37 Million outstanding shares. Almost 100.0 percent of Axis Bank outstanding shares are held by general public with 0.4 % by other corporate entities. 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
Proceeding from a normal probability distribution, the odds of Axis Bank jumping above the current price in 90 days from now is about 1.21%. The Axis Bank Ltd 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 has a beta of 0.425. This suggests as returns on the market go up, Axis Bank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Axis Bank Ltd will be expected to be much smaller as well. Additionally, axis Bank Ltd has an alpha of 0.0588, implying that it can generate a 0.0588 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 about 1.21 (This Axis Bank Ltd probability density function shows the probability of Axis Stock to fall within a particular range of prices over 90 days) .
Axis Bank 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 | 1.16 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 1.55 | |||
| Variance | 2.39 |
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 Ltd 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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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 | Co Head | Profile | |
| Puneet Sharma | Group CFO | Profile | |
| Damini Marwah | Pres Legal | Profile | |
| Charanjit Singh | Pres Exec | Profile | |
| Vineet Agrawal | 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 Ltd 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 Ltd 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 Ltd, 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 Ltd?
The danger of trading Axis Bank Ltd 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 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 Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Axis Bank 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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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