CANBK.NS vs. SBIN.NS
Compare and contrast key facts about Canara Bank (CANBK.NS) and State Bank of India (SBIN.NS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CANBK.NS or SBIN.NS.
Correlation
The correlation between CANBK.NS and SBIN.NS is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CANBK.NS vs. SBIN.NS - Performance Comparison
Key characteristics
CANBK.NS:
-0.61
SBIN.NS:
-0.18
CANBK.NS:
-0.68
SBIN.NS:
-0.05
CANBK.NS:
0.91
SBIN.NS:
0.99
CANBK.NS:
-0.46
SBIN.NS:
-0.24
CANBK.NS:
-1.44
SBIN.NS:
-0.49
CANBK.NS:
15.06%
SBIN.NS:
9.93%
CANBK.NS:
35.80%
SBIN.NS:
27.80%
CANBK.NS:
-91.32%
SBIN.NS:
-60.99%
CANBK.NS:
-45.01%
SBIN.NS:
-20.28%
Fundamentals
CANBK.NS:
₹792.41B
SBIN.NS:
₹6.44T
CANBK.NS:
₹18.11
SBIN.NS:
₹88.88
CANBK.NS:
4.82
SBIN.NS:
8.12
CANBK.NS:
₹889.69B
SBIN.NS:
₹4.22T
CANBK.NS:
₹1.09T
SBIN.NS:
₹4.98T
CANBK.NS:
₹107.21B
SBIN.NS:
-₹7.08B
Returns By Period
In the year-to-date period, CANBK.NS achieves a -12.77% return, which is significantly lower than SBIN.NS's -9.18% return. Over the past 10 years, CANBK.NS has underperformed SBIN.NS with an annualized return of 2.47%, while SBIN.NS has yielded a comparatively higher 10.54% annualized return.
CANBK.NS
-12.77%
-10.72%
-22.10%
-22.97%
23.19%
2.47%
SBIN.NS
-9.18%
-4.17%
-11.45%
-4.28%
18.77%
10.54%
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Risk-Adjusted Performance
CANBK.NS vs. SBIN.NS — Risk-Adjusted Performance Rank
CANBK.NS
SBIN.NS
CANBK.NS vs. SBIN.NS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Canara Bank (CANBK.NS) and State Bank of India (SBIN.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CANBK.NS vs. SBIN.NS - Dividend Comparison
CANBK.NS's dividend yield for the trailing twelve months is around 3.69%, more than SBIN.NS's 1.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CANBK.NS Canara Bank | 3.69% | 3.22% | 2.74% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.28% | 0.00% | 4.51% | 2.45% |
SBIN.NS State Bank of India | 1.90% | 1.72% | 1.76% | 1.16% | 0.87% | 0.00% | 0.00% | 0.00% | 0.84% | 1.04% | 1.56% | 0.96% |
Drawdowns
CANBK.NS vs. SBIN.NS - Drawdown Comparison
The maximum CANBK.NS drawdown since its inception was -91.32%, which is greater than SBIN.NS's maximum drawdown of -60.99%. Use the drawdown chart below to compare losses from any high point for CANBK.NS and SBIN.NS. For additional features, visit the drawdowns tool.
Volatility
CANBK.NS vs. SBIN.NS - Volatility Comparison
Canara Bank (CANBK.NS) has a higher volatility of 10.48% compared to State Bank of India (SBIN.NS) at 6.19%. This indicates that CANBK.NS's price experiences larger fluctuations and is considered to be riskier than SBIN.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CANBK.NS vs. SBIN.NS - Financials Comparison
This section allows you to compare key financial metrics between Canara Bank and State Bank of India. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities