Banco de Backtesting

Banco de Chile -- USA Stock  

USD 81.11  3.2  3.8%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Banco de Chile and determine expected loss or profit from investing in Banco de over given investment horizon. Check also Banco de Hype Analysis, Banco de Correlation, Banco de Valuation, Banco de Volatility as well as analyze Banco de Alpha and Beta and Banco de Performance
Investment Horizon     30 Days    Login   to change
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Backtest

Banco de 'What if' Analysis

November 13, 2017
0.00
No Change 0.00  0.0%
In 30 days
December 13, 2017
0.00
If you would invest  0.00  in Banco de on November 13, 2017 and sell it all today you would earn a total of 0.00 from holding Banco de Chile or generate 0.0% return on investment in Banco de over 30 days. Banco de is related to or competes with Atacama Pacific, ICBC, Vedanta Limited, and CHINA LIFE. Banco de Chile operates through four segments Retail Wholesale Treasury and Money Market Operation and Subsidiaries

Banco de Upside/Downside Indicators

  

Banco de Market Premium Indicators

Banco de Chile lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Banco de regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Banco de Chile Backtested Returns

Macroaxis considers Banco de to be not too risky. Banco de Chile secures Sharpe Ratio (or Efficiency) of -0.131 which signifies that Banco de Chile had -0.131% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Banco de Chile exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Banco de Chile Risk Adjusted Performance of (0.068787) and Mean Deviation of 1.18 to double-check risk estimate we provide. Macroaxis gives Banco de performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0197 which signifies that as returns on market increase, Banco de returns are expected to increase less than the market. However during bear market, the loss on holding Banco de will be expected to be smaller as well.. Even though it is essential to pay attention to Banco de Chile historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Banco de Chile exposes twenty-one different technical indicators which can help you to evaluate its performance. Banco de Chile has expected return of -0.2452%. Please be advised to confirm Banco de Chile Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Banco de Chile past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.14 

Insignificant predictability

Banco de Chile has insignificant predictability. Overlapping area represents the amount of predictability between Banco de time series from November 13, 2017 to November 28, 2017 and November 28, 2017 to December 13, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banco de Chile price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Banco de price fluctuation can be explain by its past prices.
Correlation Coefficient 0.14
Spearman Rank Test 0.18
Price Variance 1.45
Lagged Price Variance 4.7

Banco de Lagged Returns

 Regressed Prices 
      Timeline 

Banco de Performance vs DOW

The median price of Banco de for the period between Mon, Nov 13, 2017 and Wed, Dec 13, 2017 is 84.18 with a coefficient of variation of 3.41. The daily time series for the period is distributed with a sample standard deviation of 2.89, arithmetic mean of 84.78, and mean deviation of 2.35. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Banco de Chile Increases Again Strong Momentum for Buyers12/11/2017