Banco Stock Market Value

BCH Stock  USD 21.84  0.47  2.11%   
Banco De's market value is the price at which a share of Banco De stock trades on a public exchange. It measures the collective expectations of Banco De Chile investors about the entity's future performance. With this module, you 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 a given investment horizon. Continue to Banco De Correlation, Banco De Volatility and Banco De Alpha and Beta module to complement your research on Banco De.
Symbol


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
0.221
Market Capitalization
11.1 B
Quarterly Revenue Growth
0.23
Return On Assets
0.0263
Return On Equity
0.3104
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 Banco De value 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.

Banco De 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Banco De's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Banco De.
0.00
01/06/2023
No Change 0.00  0.0 
In 30 days
02/05/2023
0.00
If you would invest  0.00  in Banco De on January 6, 2023 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 Canadian Imperial, KB Financial, Swedbank, Mitsubishi UFJ, National Bank, Itau CorpBanca, and Itau Unibanco. Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chi... More

Banco De Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Banco De's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Banco De Chile upside and downside potential and time the market with a certain degree of confidence.

Banco De Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco De's standard deviation. In reality, there are many statistical measures that can use Banco De historical prices to predict the future Banco De's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Banco De's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Banco De in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
20.5321.8623.19
Details
Intrinsic
Valuation
LowReal ValueHigh
19.6623.9825.31
Details
Naive
Forecast
LowNext ValueHigh
20.9222.2523.58
Details
3 Analysts
Consensus
LowTarget PriceHigh
21.0023.1724.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Banco De. Your research has to be compared to or analyzed against Banco De's peers to derive any actionable benefits. When done correctly, Banco De's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Banco De Chile.

Banco De Chile Backtested Returns

Banco De appears to be very steady, given 3 months investment horizon. Banco De Chile secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had 0.19% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-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 the future volatility of the firm. Please makes use of Banco De's Risk Adjusted Performance of 0.2465, mean deviation of 1.05, and Downside Deviation of 1.42 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Banco De holds a performance score of 14. The firm shows a Beta (market volatility) of 0.4449, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Banco's beta means in this case. As returns on the market increase, Banco De returns are expected to increase less than the market. However, during the bear market, the loss on holding Banco De will be expected to be smaller as well. Although it is vital to follow Banco De Chile historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. 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 0.26% will be sustainable into the future. Please makes use of Banco De Chile maximum drawdown, and the relationship between the information ratio and downside variance to make a quick decision on whether Banco De price patterns will revert.

Auto-correlation

    
  0.36  

Below average predictability

Banco De Chile has below average predictability. Overlapping area represents the amount of predictability between Banco De time series from 6th of January 2023 to 21st of January 2023 and 21st of January 2023 to 5th of February 2023. 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 0.36 indicates that just about 36.0% of current Banco De price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.34
Residual Average0.0
Price Variance0.13

Banco De Chile lagged returns against current returns

Autocorrelation, which is Banco De stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Banco De's stock expected returns. We can calculate the autocorrelation of Banco De returns to help us make a trade decision. For example, suppose you find that Banco De stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Banco De regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Banco De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco De stock over time.
   Current vs Lagged Prices   
       Timeline  

Banco De Lagged Returns

When evaluating Banco De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco De stock have on its future price. Banco De autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Banco De autocorrelation shows the relationship between Banco De stock current value and its past values and can show if there is a momentum factor associated with investing in Banco De Chile.
   Regressed Prices   
       Timeline  

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 together with Banco De

+0.86KBKB Financial Group Earnings Call This WeekPairCorr
+0.81WFWoori Financial Group Earnings Call This WeekPairCorr
+0.87SHGShinhan Financial Earnings Call This WeekPairCorr

Moving against Banco De

-0.77STELStellar Bancorp Symbol ChangePairCorr
-0.58NICNicolet Bankshares Symbol ChangePairCorr
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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Banco De Correlation, Banco De Volatility and Banco De Alpha and Beta module to complement your research on Banco De. 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Banco Stock analysis

When running Banco De Chile 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 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.
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Banco De 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 Banco De technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco De 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...