Banco de Backtesting

Banco de Chile -- USA Stock  

USD 93.41  0.81  0.86%

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

Banco de 'What if' Analysis

September 17, 2017
No Change 0.00  0.0%
In 31 days
October 17, 2017
If you would invest  0.00  in Banco de on September 17, 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 Unilever N, PT Chandra, Goldman Sachs, Westpac Banking, and Nippon Telegraph. 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 

Banco de regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Banco de Chile Backtested Returns

Macroaxis considers Banco de not too risky given 1 month investment horizon. Banco de Chile secures Sharpe Ratio (or Efficiency) of 0.1927 which signifies that Banco de Chile had 0.1927% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Banco de Chile which you can use to evaluate future volatility of the firm. Please makes use of Banco de Chile Downside Deviation of 0.8775, Risk Adjusted Performance of 0.0558 and Mean Deviation of 1.12 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Banco de holds performance score of 13. The firm shows Beta (market volatility) of 1.2314 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Banco de will likely underperform.. Although it is vital to follow to Banco de Chile historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patternss. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Banco de Chile technical indicators you can presently evaluate if the expected return of 0.2895% will be sustainable into the future. Please makes use of Banco de Chile Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to make a quick decision on weather Banco de price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.16 

Very weak predictability

Banco de Chile has very weak predictability. Overlapping area represents the amount of predictability between Banco de time series from September 17, 2017 to October 2, 2017 and October 2, 2017 to October 17, 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 0.16 indicates that over 16.0% of current Banco de price fluctuation can be explain by its past prices.
Correlation Coefficient 0.16
Spearman Rank Test -0.01
Price Variance 0.85
Lagged Price Variance 3.69

Banco de Lagged Returns

 Regressed Prices 

Banco de Performance vs DOW

The median price of Banco de for the period between Sun, Sep 17, 2017 and Tue, Oct 17, 2017 is 92.97 with a coefficient of variation of 2.48. The daily time series for the period is distributed with a sample standard deviation of 2.29, arithmetic mean of 92.3, and mean deviation of 1.77. The Stock received some media coverage during the period.
Price Growth (%)  
Banco de Chile EPS Estimated At 1.38 Chegg Covered By 11 ...10/13/2017