Banco De Chile Stock Beta
BCH Stock | USD 22.27 0.37 1.69% |
Banco De Chile fundamentals help investors to digest information that contributes to Banco De's financial success or failures. It also enables traders to predict the movement of Banco Stock. The fundamental analysis module provides a way to measure Banco De's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Banco De stock.
Banco | Beta |
Banco Beta Analysis
Banco De's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Banco De Beta | 0.16 |
Most of Banco De's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Banco De Chile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Banco Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Banco De is extremely important. It helps to project a fair market value of Banco Stock properly, considering its historical fundamentals such as Beta. Since Banco De's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Banco De's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Banco De's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Banco De Chile has a Beta of 0.162. This is 80.24% lower than that of the Banks sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Banco Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Banco De's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Banco De could also be used in its relative valuation, which is a method of valuing Banco De by comparing valuation metrics of similar companies.Banco De is currently under evaluation in beta category among related companies.
Banco De Institutional Holders
Institutional Holdings refers to the ownership stake in Banco De that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Banco De's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Banco De's value.Shares | Jpmorgan Chase & Co | 2023-12-31 | 98.7 K | Northern Trust Corp | 2023-12-31 | 94.5 K | Brandywine Global Investment Mgmt Llc | 2023-12-31 | 92.9 K | Itau Unibanco Holding Sa | 2023-12-31 | 91.3 K | Aqr Capital Management Llc | 2023-12-31 | 85.6 K | Goldman Sachs Group Inc | 2023-12-31 | 84.2 K | State Of New Jersey Common Pension Fd D | 2023-12-31 | 82.3 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 73.1 K | Guggenheim Capital Llc | 2023-12-31 | 72.5 K | Renaissance Technologies Corp | 2023-12-31 | 1.3 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 747.7 K |
As returns on the market increase, Banco De's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco De is expected to be smaller as well.
Banco Fundamentals
Return On Equity | 0.25 | ||||
Return On Asset | 0.0224 | ||||
Profit Margin | 0.47 % | ||||
Operating Margin | 0.57 % | ||||
Current Valuation | 10.61 T | ||||
Shares Outstanding | 505.08 M | ||||
Shares Owned By Institutions | 1.31 % | ||||
Number Of Shares Shorted | 613.64 K | ||||
Price To Earning | 10.27 X | ||||
Price To Book | 2.07 X | ||||
Price To Sales | 0 X | ||||
Revenue | 5.24 T | ||||
Gross Profit | 2.64 T | ||||
EBITDA | 106.74 B | ||||
Net Income | 1.24 T | ||||
Cash And Equivalents | 7.51 B | ||||
Cash Per Share | 14.86 X | ||||
Total Debt | 16.36 T | ||||
Debt To Equity | 10.64 % | ||||
Book Value Per Share | 10.00 X | ||||
Cash Flow From Operations | (26.21 B) | ||||
Short Ratio | 4.00 X | ||||
Earnings Per Share | 2.51 X | ||||
Price To Earnings To Growth | 1.86 X | ||||
Target Price | 23.51 | ||||
Beta | 0.16 | ||||
Market Capitalization | 11.07 B | ||||
Total Asset | 55.84 T | ||||
Retained Earnings | 2.69 T | ||||
Z Score | 0.17 | ||||
Annual Yield | 0.08 % | ||||
Five Year Return | 4.13 % | ||||
Net Asset | 55.84 T | ||||
Last Dividend Paid | 8.08 |
About Banco De Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Banco De Chile's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Banco De using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Banco De Chile based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile. Banco DE is traded on New York Stock Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco De in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco De's short interest history, or implied volatility extrapolated from Banco De options trading.
Pair Trading with Banco De
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco De position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco De will appreciate offsetting losses from the drop in the long position's value.Moving against Banco Stock
0.47 | MGYR | Magyar Bancorp Fiscal Quarter End 31st of March 2024 | PairCorr |
0.44 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
The ability to find closely correlated positions to Banco De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco De when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco De - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco De Chile to buy it.
The correlation of Banco De is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco De moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco De Chile moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco De can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Banco De Piotroski F Score and Banco De Altman Z Score analysis. Note that the Banco De Chile information on this page should be used as a complementary analysis to other Banco De's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Banco Stock analysis
When running Banco De's price analysis, check to measure Banco De's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Banco De is operating at the current time. Most of Banco De's value examination focuses on studying past and present price action to predict the probability of Banco De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco De's price. Additionally, you may evaluate how the addition of Banco De to your portfolios can decrease your overall portfolio volatility.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is Banco De's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco De. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco De listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.113 | Dividend Share 8.077 | Earnings Share 2.51 | Revenue Per Share 5.2 K | Quarterly Revenue Growth 0.079 |
The market value of Banco De Chile is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco De's value that differs from its market value or its book value, called intrinsic value, which is Banco De's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco De's market value can be influenced by many factors that don't directly affect Banco De's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco De's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco De is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco De's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.