Banco Macro Stock Forecast - Daily Balance Of Power
| BMA Stock | USD 48.31 0.22 0.46% |
Banco Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Banco Macro stock prices and determine the direction of Banco Macro SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Banco Macro's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Banco Macro's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Banco Macro's systematic risk associated with finding meaningful patterns of Banco Macro fundamentals over time.
Check out Historical Fundamental Analysis of Banco Macro to cross-verify your projections. Banco |
Open Interest Against 2024-04-19 Banco Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Banco Macro's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Banco Macro's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Banco Macro stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Banco Macro's open interest, investors have to compare it to Banco Macro's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Banco Macro is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Banco. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Banco Macro cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Banco Macro's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Banco Macro's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Banco Macro SA market sensitivity to bulls and bears. It estimates the ability of Banco Macro buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Banco Macro Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.0556 | 0.1528 |
| Check Banco Macro Volatility | Backtest Banco Macro | Information Ratio |
Banco Macro Trading Date Momentum
| On April 19 2024 Banco Macro SA was traded for 48.31 at the closing time. Highest Banco Macro's price during the trading hours was 49.34 and the lowest price during the day was 47.90 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not affect price variability. The overall trading delta to current price is 0.17% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Banco Macro to competition |
Other Forecasting Options for Banco Macro
For every potential investor in Banco, whether a beginner or expert, Banco Macro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Banco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Banco. Basic forecasting techniques help filter out the noise by identifying Banco Macro's price trends.Banco Macro Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Banco Macro stock to make a market-neutral strategy. Peer analysis of Banco Macro could also be used in its relative valuation, which is a method of valuing Banco Macro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Banco Macro SA Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Banco Macro's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Banco Macro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Banco Macro Market Strength Events
Market strength indicators help investors to evaluate how Banco Macro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Banco Macro shares will generate the highest return on investment. By undertsting and applying Banco Macro stock market strength indicators, traders can identify Banco Macro SA entry and exit signals to maximize returns.
Banco Macro Risk Indicators
The analysis of Banco Macro's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Banco Macro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting banco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.64 | |||
| Semi Deviation | 2.74 | |||
| Standard Deviation | 3.46 | |||
| Variance | 12.0 | |||
| Downside Variance | 12.91 | |||
| Semi Variance | 7.53 | |||
| Expected Short fall | (2.99) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Macro 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 Macro's short interest history, or implied volatility extrapolated from Banco Macro options trading.
Pair Trading with Banco Macro
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 Macro 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 Macro will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Stock
| 0.96 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
Moving against Banco Stock
| 0.84 | EBTC | Enterprise Bancorp Earnings Call This Week | PairCorr |
| 0.74 | EGBN | Eagle Bancorp Earnings Call This Week | PairCorr |
| 0.68 | VABK | Virginia National | PairCorr |
| 0.66 | EBMT | Eagle Bancorp Montana Earnings Call This Week | PairCorr |
| 0.64 | EFSC | Enterprise Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Banco Macro 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 Macro 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 Macro - 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 Macro SA to buy it.
The correlation of Banco Macro 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 Macro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Macro SA 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 Macro 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 Historical Fundamental Analysis of Banco Macro to cross-verify your projections. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Banco Stock analysis
When running Banco Macro's price analysis, check to measure Banco Macro'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 Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro'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 Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro'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 Macro. 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 Macro 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 5.275 | Earnings Share 0.54 | Revenue Per Share 44.5 K | Quarterly Revenue Growth 1.304 | Return On Assets 0.0888 |
The market value of Banco Macro SA 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 Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro'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 Macro's market value can be influenced by many factors that don't directly affect Banco Macro'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 Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro'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.