Banco de Backtesting

Banco de Chile -- USA Stock  

USD 102.41  0.44  0.43%

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
 Time Horizon     30 Days    Login   to change

Banco de 'What if' Analysis

January 22, 2018
No Change 0.00  0.0%
In 31 days
February 21, 2018
If you would invest  0.00  in Banco de on January 22, 2018 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 Citigroup, Bank of New York, Byline Bancorp, Canadian Imperial, and Deutsche Bank. Banco de Chile provides various banking products and services to individuals, corporate clients, large companies, and sm...

Banco de Upside/Downside Indicators


Banco de Market Premium Indicators

Banco de Chile lagged returns against current returns

 Current and Lagged Values 

Banco de regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Banco de Chile Backtested Returns

Macroaxis considers Banco de to be not too risky. Banco de Chile secures Sharpe Ratio (or Efficiency) of -0.0672 which signifies that Banco de Chile had -0.0672% 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 0.09304 and Mean Deviation of 1.19 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 0.4958 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 -0.0956%. 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(0.49) 

Modest reverse predictability

Banco de Chile has modest reverse predictability. Overlapping area represents the amount of predictability between Banco de time series from January 22, 2018 to February 6, 2018 and February 6, 2018 to February 21, 2018. 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 -0.49 indicates that about 49.0% of current Banco de price fluctuation can be explain by its past prices. Given that Banco de Chile has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Banco de for similar time interval.
Correlation Coefficient -0.49
Spearman Rank Test 0.08
Price Variance 0.82
Lagged Price Variance 1.87

Banco de Lagged Returns

 Regressed Prices 

Banco de Performance vs DOW

The median price of Banco de for the period between Mon, Jan 22, 2018 and Wed, Feb 21, 2018 is 102.53 with a coefficient of variation of 1.32. The daily time series for the period is distributed with a sample standard deviation of 1.36, arithmetic mean of 102.61, and mean deviation of 1.12. The Stock received some media coverage during the period.
Price Growth (%)  
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