🥇 First rule of investing? Know when to save! Up to 55% off Investing Pro before BLACK FRIDAYCLAIM SALE

Investors Didn’t Miss the 48% Rally in Axis Bank with “This Tool”

Published 01-10-2024, 08:32 am
AXBK
-

Have you ever wondered how seasoned investors consistently stay ahead of the market? The secret often lies in understanding the intrinsic value of a stock, a powerful yet often underutilized concept in the world of investing. The intrinsic value of a stock is essentially what it’s actually worth, calculated through complex financial modeling. While this calculation typically takes weeks of painstaking manual analysis, the revolutionary platform InvestingPro+ simplifies it, delivering real-time fair value (intrinsic value) calculations with unmatched precision.

At its core, fair value serves as a guide to help investors recognize whether a stock is undervalued or overvalued, offering crucial insights into when to buy or sell. InvestingPro+ uses multiple models, aggregates them, and then derives a mean value that reflects a more realistic and error-free assessment. This first-in-class feature alone can be a game-changer for investors.

Consider this: On March 16, 2023, the fair value of Axis Bank (NS:AXBK) was INR 1,157.1, while the stock was trading at just INR 832.1. This indicated a significant upside of 39%, a glaring opportunity for those who knew where to look. Fast forward to today, just a little over a year and a half later, Axis Bank is trading at INR 1,232—a staggering 48% return. Investors who used InvestingPro+’s fair value feature had the chance to jump in early and ride this rally to substantial profits.

Now, imagine being able to spot similar opportunities regularly. Using InvestingPro+'s fair value tool alone could give you the edge to consistently beat the market. With stocks constantly fluctuating and market sentiment often clouding judgment, having a real-time fair value assessment is like holding a cheat sheet in the world of investing.

The example of Axis Bank is not an isolated case—it’s a testament to how powerful this tool can be. Missing out on such opportunities can mean leaving significant gains on the table. But with InvestingPro+, you can avoid these missed chances and position yourself for success.

Investors who are serious about maximizing their returns and outpacing the market can greatly benefit from the insight and precision InvestingPro+ offers. While others are waiting and watching, you’ll already be seizing the next big opportunity. Don’t let another rally slip by unnoticed and stay ahead of the game with InvestingPro+.

Read More: This Stock “Doubled in 6 Months”; Here’s How Investors Were Alerted in Advance

X (formerly, Twitter) - Aayush Khanna

LinkedIn - Aayush Khanna

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.