Banco de Technical Analysis

Banco de Chile -- USA Stock  

USD 84.55  2.1  2.42%

Banco de Chile shows Risk Adjusted Performance of (0.00517) and Mean Deviation of 1.15. Banco de Chile technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Banco de Chile which can be compared to its rivals. Please confirm Banco de Chile Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Banco de Chile is priced correctly providing market reflects its regular price of 84.55 per share. Given that Banco de has Jensen Alpha of (0.084051), we suggest you validate Banco de Chile prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Banco de Chile Trend Analysis

Use this graph to draw trend lines for Banco de Chile. You can use it to identify possible trend reversals for Banco de as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Banco de price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Banco de Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Banco de Chile applied against its price change over selected period. The best fit line has a slop of 0.016005 % which may imply that Banco de Chile will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 0.21, which is the sum of squared deviations for the predicted Banco de price change compared to its average price change.

Did you try this?

Run Alpha Finder Now

Alpha Finder

Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Hide  View All  NextLaunch Alpha Finder
Banco de Chile is rated second in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.62  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Banco de Chile is roughly  1.62