Performance of SBID State Bank of India | 40% in 12m
Compare SBID with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare State Bank of India with its related Sector/Index XLF
Performance Duell SBID vs XLF
| TimeFrame | SBID | XLF |
|---|---|---|
| 1 Day | 1.55% | 0.73% |
| 1 Week | 0.92% | 1.58% |
| 1 Month | 9.81% | 7.05% |
| 3 Months | 7.77% | 7.62% |
| 6 Months | 45.5% | 22.42% |
| 12 Months | 40.0% | 33.07% |
| YTD | 28.6% | 12.95% |
| Rel. Perf. 1m | 0.24 | |
| Rel. Perf. 3m | 1.22 | |
| Rel. Perf. 6m | 1.06 | |
| Rel. Perf. 12m | 0.57 |
Is State Bank of India a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, State Bank of India is currently (May 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -17.11 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SBID as of May 2024 is 93.16. This means that SBID is currently overvalued and has a potential downside of -5.42% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SBID as of May 2024 is 93.16. This means that SBID is currently overvalued and has a potential downside of -5.42% (Sold with Premium).
Is SBID a buy, sell or hold?
State Bank of India has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 39.96%.
In compare to Financial Sector SPDR Fund, SBID made 6.89% more over the last 12 months. Due to the outperformance, it is recommend to buy SBID.
In compare to Financial Sector SPDR Fund, SBID made 6.89% more over the last 12 months. Due to the outperformance, it is recommend to buy SBID.
Values above 0%: SBID is performing better - Values below 0%: SBID is underperforming
Compare SBID with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | -0.73% | 4.04% | 27.20% | 10.61% |
| US NASDAQ 100 | QQQ | -1.27% | 3.72% | 28.02% | 2.61% |
| US Dow Jones Industrial 30 | DIA | -0.44% | 3.64% | 30.02% | 17.94% |
| German DAX 40 | DBXD | 1.32% | 4.84% | 28.50% | 23.19% |
| UK FTSE 100 | ISFU | -0.58% | 0.01% | 28.63% | 24.59% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -0.19% | 5.29% | 42.16% | 47.63% |
| Hongkong Hang Seng | HSI | -2.81% | -13.47% | 40.45% | 45.32% |
| Japan Nikkei 225 | EXX7 | 0.55% | 10.31% | 34.00% | 28.15% |
| India NIFTY 50 | INDA | -2.19% | 5.89% | 27.91% | 11.24% |
| Brasil Bovespa | EWZ | 0.48% | 4.57% | 47.32% | 27.63% |
SBID State Bank of India vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | -0.08% | 6.50% | 26.98% | 2.48% |
| Consumer Discretionary | XLY | 0.58% | 6.11% | 38.15% | 20.29% |
| Consumer Staples | XLP | 0.16% | 3.23% | 31.25% | 34.38% |
| Energy | XLE | -0.28% | 8.93% | 31.37% | 14.74% |
| Financial | XLF | -0.66% | 2.76% | 23.07% | 6.89% |
| Health Care | XLV | -0.97% | 4.13% | 30.48% | 26.46% |
| Industrial | XLI | 1.20% | 6.33% | 25.80% | 11.63% |
| Materials | XLB | 0.58% | 6.27% | 29.47% | 19.34% |
| Real Estate | XLRE | -1.59% | 1.33% | 35.85% | 29.98% |
| Technology | XLK | -2.14% | 3.29% | 29.17% | 1.65% |
| Utilities | XLU | -0.58% | -3.08% | 27.29% | 27.28% |
| Aerospace & Defense | XAR | 0.15% | 1.35% | 29.95% | 15.81% |
| Biotech | XBI | -2.53% | 2.10% | 19.98% | 33.59% |
| Homebuilder | XHB | 1.24% | 3.47% | 14.98% | -10.89% |
| Retail | XRT | -1.16% | 2.35% | 24.65% | 14.77% |
Does State Bank of India outperform its market, is SBID a Sector Leader?
Yes, over the last 12 months State Bank of India (SBID) made 39.96%, while its related Sector, the Financial Sector SPDR Fund (XLF) made 33.07%.
Over the last 3 months SBID made 7.77%, while XLF made 7.62%.
Yes, over the last 12 months State Bank of India (SBID) made 39.96%, while its related Sector, the Financial Sector SPDR Fund (XLF) made 33.07%.
Over the last 3 months SBID made 7.77%, while XLF made 7.62%.
| Period | SBID | XLF | S&P 500 |
|---|---|---|---|
| 1 Month | 9.81% | 7.05% | 5.77% |
| 3 Months | 7.77% | 7.62% | 6.32% |
| 12 Months | 39.96% | 33.07% | 29.35% |