Bancolombia Sa Adr Stock Technical Analysis

CIB Stock  USD 34.98  0.11  0.31%   
As of the 28th of March, Bancolombia shows the Risk Adjusted Performance of 0.1153, mean deviation of 1.22, and Downside Deviation of 1.16. Bancolombia SA ADR 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's future prices. Put another way, 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 were able to collect and analyze data for nineteen technical drivers for Bancolombia SA ADR, which can be compared to its rivals. Please confirm Bancolombia SA ADR maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Bancolombia SA ADR is priced correctly, providing market reflects its regular price of 34.98 per share. Given that Bancolombia has jensen alpha of 0.1969, we suggest you to validate Bancolombia SA ADR's prevailing market performance to make sure the company can sustain itself at a future point.

Bancolombia Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bancolombia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Bancolombia
  
Bancolombia's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Bancolombia Analyst Consensus

Target PriceAdvice# of Analysts
33.2Buy11Odds
Bancolombia SA ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bancolombia analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bancolombia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bancolombia SA ADR, talking to its executives and customers, or listening to Bancolombia conference calls.
Bancolombia Analyst Advice Details
Bancolombia technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bancolombia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bancolombia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Bancolombia SA ADR Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Bancolombia SA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bancolombia SA ADR Trend Analysis

Use this graph to draw trend lines for Bancolombia SA ADR. You can use it to identify possible trend reversals for Bancolombia 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 Bancolombia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bancolombia Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bancolombia SA ADR applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that Bancolombia SA ADR will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 50.99, which is the sum of squared deviations for the predicted Bancolombia price change compared to its average price change.

About Bancolombia Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bancolombia SA ADR on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bancolombia SA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bancolombia SA ADR price pattern first instead of the macroeconomic environment surrounding Bancolombia SA ADR. By analyzing Bancolombia's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bancolombia's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bancolombia specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01510.06960.080.0404
Price To Sales Ratio1.781.372.431.79

Bancolombia March 28, 2024 Technical Indicators

Most technical analysis of Bancolombia help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bancolombia from various momentum indicators to cycle indicators. When you analyze Bancolombia charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Bancolombia March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Bancolombia stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Bancolombia Stock analysis

When running Bancolombia's price analysis, check to measure Bancolombia'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 Bancolombia is operating at the current time. Most of Bancolombia's value examination focuses on studying past and present price action to predict the probability of Bancolombia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancolombia's price. Additionally, you may evaluate how the addition of Bancolombia to your portfolios can decrease your overall portfolio volatility.
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Is Bancolombia'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 Bancolombia. If investors know Bancolombia 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 Bancolombia 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
(0.12)
Earnings Share
6.44
Revenue Per Share
21.9 K
Quarterly Revenue Growth
0.046
Return On Assets
0.0179
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia'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 Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia'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 Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia'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.