ICICI Bank Limited

10-Year Study

ICICIBANK.NSE · Private Sector Bank · IN · EQUITY

Executive Summary: ICICI Bank Limited has compounded at 20.7% annually over the last 10 years, with a maximum drawdown of 39.9% and an annualized volatility of 41.9%.

1Y CAGR
-6.8%
3Y CAGR
+13.6%
5Y CAGR
+16.3%
10Y CAGR
+20.7%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
39.9%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.78
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.03
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
26.1%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +50.0%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -0.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
90%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.91.8-12.511.6————————0.2%
2025-2.3-3.912.05.81.30.02.5-4.9-3.6-0.23.2-3.35.6%
20243.22.33.95.2-2.67.01.32.03.61.50.6-1.429.7%
2023-6.62.82.64.63.4-1.56.8-3.2-0.7-3.82.16.612.8%
20226.6-5.8-1.71.81.3-6.115.89.0-2.95.44.9-6.521.1%
20210.411.3-2.63.210.4-4.88.55.4-2.514.4-10.93.638.7%
2020-2.5-5.4-34.917.4-12.75.9-1.313.8-10.110.720.613.0-0.7%
20191.2-3.914.41.74.03.2-2.6-3.55.96.810.75.150.0%
201812.4-11.2-11.12.10.6-3.610.513.1-10.816.20.01.415.2%
20175.32.80.20.617.2-1.54.3-1.5-7.28.52.52.136.4%
2016———0.13.20.39.3-1.9-2.39.8-4.1-3.910.1%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 41.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 81.1% of variance. Idiosyncratic stock-specific factors contribute 9.7%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110012.676370736071
2016-05-0110338.051236994283
2016-06-0110373.995469773463
2016-07-0111337.865230811343
2016-08-0111126.546560902138
2016-09-0110874.258681054385
2016-10-0111939.474848872824
2016-11-0111452.149282835655
2016-12-0111010.106994189453
2017-01-0111598.778207488265
2017-02-0111917.909828243151
2017-03-0111939.474848872824
2017-04-0112010.63189771346
2017-05-0114078.533800376706
2017-06-0113872.53404144801
2017-07-0114467.787245687434
2017-08-0114250.24583728568
2017-09-0113224.687190234956
2017-10-0114348.26023457438
2017-11-0114704.45789754986
2017-12-0115012.84080658175
2018-01-0116875.103721802196
2018-02-0114976.982399440263
2018-03-0113308.357313244362
2018-04-0113588.057749869002
2018-05-0113664.550419106336
2018-06-0113167.311612155614
2018-07-0114546.678475666798
2018-08-0116453.444642349757
2018-09-0114674.10752159939
2018-10-0117048.957602059025
2018-11-0117056.160879474297
2018-12-0117296.28582337433
2019-01-0117502.79445997787
2019-02-0116816.034416536426
2019-03-0119236.5057603054
2019-04-0119570.280905793148
2019-05-0120348.2895520046
2019-06-0120991.829930954413
2019-07-0120441.33365749601
2019-08-0119721.601378800264
2019-09-0120879.4317644027
2019-10-0122292.414935210378
2019-11-0124677.87701398783
2019-12-0125944.029987629714
2020-01-0125306.14042942744
2020-02-0123938.892449766747
2020-03-0115586.15454736508
2020-04-0118301.395183085453
2020-05-0115980.925138093831
2020-06-0116919.705710724003
2020-07-0116695.840547813652
2020-08-0118997.0567882421
2020-09-0117078.57428273502
2020-10-0118900.772575047875
2020-11-0122788.283570033604
2020-12-0125758.680029034887
2021-01-0125852.55656726007
2021-02-0128777.217835114367
2021-03-0128023.784183003347
2021-04-0128909.60805861724
2021-05-0131906.4843851645
2021-06-0130373.14936569917
2021-07-0132953.50855586668
2021-08-0134718.27202762461
2021-09-0133839.51167794514
2021-10-0138725.80372101989
2021-11-0134491.336889249
2021-12-0135737.05728496747
2022-01-0138086.04574628012
2022-02-0135860.17530152331
2022-03-0135261.458691019274
2022-04-0135889.14942919495
2022-05-0136350.250326042486
2022-06-0134146.11123655832
2022-07-0139524.896612386125
2022-08-0143099.068077883196
2022-09-0141870.16646907782
2022-10-0144138.53959246797
2022-11-0146285.477793223865
2022-12-0143271.5031768018
2023-01-0140408.11078099887
2023-02-0141522.86581070403
2023-03-0142610.90704103658
2023-04-0144573.266954418
2023-05-0146103.32389023463
2023-06-0145396.58242310687
2023-07-0148490.70147572247
2023-08-0146952.958208458935
2023-09-0146617.49389289827
2023-10-0144827.52654537605
2023-11-0145787.40047738802
2023-12-0148806.591469736704
2024-01-0150351.692956274725
2024-02-0151529.49413229863
2024-03-0153542.29217796531
2024-04-0156338.65247216952
2024-05-0154901.296339293505
2024-06-0158748.12598201049
2024-07-0159497.424813133664
2024-08-0160715.96050775055
2024-09-0162879.45318283618
2024-10-0163830.297953954774
2024-11-0164218.04755180849
2024-12-0163306.71599286326
2025-01-0161881.68229490768
2025-02-0159476.158283438635
2025-03-0166601.33892551922
2025-04-0170486.2356563903
2025-05-0171414.85994205327
2025-06-0171414.85994205327
2025-07-0173173.31029256745
2025-08-0169576.66010518275
2025-09-0167097.82125162793
2025-10-0166963.42893625806
2025-11-0169128.67761908135
2025-12-0166843.96572473408
2026-01-0167446.25207415123
2026-02-0168635.89566913959
2026-03-0160024.67676963541
2026-04-0166973.38167215533
Annual Return Matrix
YearAnnual Return
20170.3635508550920281
20180.15209946246758999
20190.49997694606600196
2020-0.007144223880530598
20210.3873792152658859
20220.2108300588869032
20230.12791532270832473
20240.29709357048868257
20250.05587479426779307
20260.0019360902067686592
Total Factor Risk
0.41884348590274184
VTI.US Exposure
0.032104431049275746
VEA.US Exposure
0.016497378267188192
VWO.US Exposure
-0.005309605457034867
QQQ.US Exposure
0.018574203973618766
VTV.US Exposure
-0.0020525151165176575
IJR.US Exposure
-0.005318574404871124
QUAL.US Exposure
-0.0201948664179862
SHV.US Exposure
0.8114774633496116
TLT.US Exposure
-0.00514661740327409
LQD.US Exposure
0.014073908625770263
HYG.US Exposure
0.03591077898688223
GLD.US Exposure
0.0026120647024738108
USO.US Exposure
0.0036992329079310027
VNQ.US Exposure
0.006400779857564808
BTC-USD.CC Exposure
-0.0008644466371587071
CPER.US Exposure
-0.00040103348162179845
VIX.INDX Exposure
-0.001003218832395978
UUP.US Exposure
0.0017369821866896975
TIP.US Exposure
-0.00023553686615426734
Idiosyncratic Exposure
0.0974391907100084
Value Score
42.9
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
41.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →17.7x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$10.0T
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+1.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-2.5%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
8.9% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is ICICI Bank Limited a high-risk investment?

ICICI Bank Limited (ICICIBANK.NSE) has an annualized volatility of 41.9% and experienced a maximum drawdown of 39.9% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of ICICIBANK.NSE?

Over the past 10 years, ICICIBANK.NSE has generated a Compound Annual Growth Rate (CAGR) of 20.7%. It has had a positive return in 90% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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