Evaluating the impact of Fundamental Analysis and Technical Analysis on SBI’s Performance: A Risk -Return Approach

Abstract

In today’s data-driven financial environment, investor decisions are increasingly strategic. This study evaluates the stock performance of the State Bank of India (SBI) using both fundamental and technical analysis. Fundamental analysis examines key financial indicators—EPS, ROE, Net Profit Margin, P/E Ratio, and D/E Ratio—based on SBI’s audited reports from FY 2019 to FY 2024 to assess intrinsic value and financial health. Technical analysis uses indicators like SMA, RSI, and MACD on historical price data to gauge market trends and identify entry/exit points. The integrated approach reveals that while fundamental analysis supports long-term valuation, technical analysis aids short-term trading decisions. Together, they offer a comprehensive view for investors, making this dual strategy especially valuable given SBI’s prominence in the Indian banking sector. The findings aim to guide investors and analysts in aligning strategies with their risk-return goals.