SBIN.NS vs. CANBK.NS
Compare and contrast key facts about State Bank of India (SBIN.NS) and Canara Bank (CANBK.NS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SBIN.NS or CANBK.NS.
Correlation
The correlation between SBIN.NS and CANBK.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
SBIN.NS vs. CANBK.NS - Performance Comparison
Key characteristics
SBIN.NS:
-0.10
CANBK.NS:
-0.58
SBIN.NS:
0.06
CANBK.NS:
-0.63
SBIN.NS:
1.01
CANBK.NS:
0.92
SBIN.NS:
-0.13
CANBK.NS:
-0.45
SBIN.NS:
-0.28
CANBK.NS:
-1.43
SBIN.NS:
9.61%
CANBK.NS:
14.56%
SBIN.NS:
27.88%
CANBK.NS:
35.78%
SBIN.NS:
-60.99%
CANBK.NS:
-91.32%
SBIN.NS:
-19.65%
CANBK.NS:
-46.42%
Fundamentals
SBIN.NS:
₹6.49T
CANBK.NS:
₹776.63B
SBIN.NS:
₹88.25
CANBK.NS:
₹18.11
SBIN.NS:
8.18
CANBK.NS:
4.73
SBIN.NS:
₹4.22T
CANBK.NS:
₹889.69B
SBIN.NS:
₹4.98T
CANBK.NS:
₹1.09T
SBIN.NS:
-₹7.08B
CANBK.NS:
₹107.21B
Returns By Period
In the year-to-date period, SBIN.NS achieves a -8.46% return, which is significantly higher than CANBK.NS's -15.01% return. Over the past 10 years, SBIN.NS has outperformed CANBK.NS with an annualized return of 10.41%, while CANBK.NS has yielded a comparatively lower 2.03% annualized return.
SBIN.NS
-8.46%
-4.76%
-10.57%
-2.30%
19.58%
10.41%
CANBK.NS
-15.01%
-13.07%
-22.58%
-25.41%
22.46%
2.03%
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Risk-Adjusted Performance
SBIN.NS vs. CANBK.NS — Risk-Adjusted Performance Rank
SBIN.NS
CANBK.NS
SBIN.NS vs. CANBK.NS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Bank of India (SBIN.NS) and Canara Bank (CANBK.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
SBIN.NS vs. CANBK.NS - Dividend Comparison
SBIN.NS's dividend yield for the trailing twelve months is around 1.88%, less than CANBK.NS's 3.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBIN.NS State Bank of India | 1.88% | 1.72% | 1.76% | 1.16% | 0.87% | 0.00% | 0.00% | 0.00% | 0.84% | 1.04% | 1.56% | 0.96% |
CANBK.NS Canara Bank | 3.78% | 3.22% | 2.74% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.28% | 0.00% | 4.51% | 2.45% |
Drawdowns
SBIN.NS vs. CANBK.NS - Drawdown Comparison
The maximum SBIN.NS drawdown since its inception was -60.99%, smaller than the maximum CANBK.NS drawdown of -91.32%. Use the drawdown chart below to compare losses from any high point for SBIN.NS and CANBK.NS. For additional features, visit the drawdowns tool.
Volatility
SBIN.NS vs. CANBK.NS - Volatility Comparison
The current volatility for State Bank of India (SBIN.NS) is 6.29%, while Canara Bank (CANBK.NS) has a volatility of 9.40%. This indicates that SBIN.NS experiences smaller price fluctuations and is considered to be less risky than CANBK.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SBIN.NS vs. CANBK.NS - Financials Comparison
This section allows you to compare key financial metrics between State Bank of India and Canara Bank. 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