Banco De Chile Stock Technical Analysis

BCH Stock  USD 21.96  0.09  0.41%   
As of the 23rd of April, Banco De shows the Mean Deviation of 1.14, downside deviation of 1.7, and Risk Adjusted Performance of 0.0677. 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'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 break down nineteen technical drivers for Banco De Chile, which can be compared to its peers. Please confirm Banco De Chile maximum drawdown, and the relationship between the information ratio and downside variance to decide if Banco De Chile is priced correctly, providing market reflects its regular price of 21.96 per share. Given that Banco De has jensen alpha of 0.1003, we suggest you to validate Banco De Chile's prevailing market performance to make sure the company can sustain itself at a future point.

Banco De Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Banco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Banco
  
Banco De'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.

Banco De Analyst Consensus

Target PriceAdvice# of Analysts
23.36Buy9Odds
Banco De Chile current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Banco 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 Banco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Banco De Chile, talking to its executives and customers, or listening to Banco conference calls.
Banco Analyst Advice Details
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...

Banco De Chile Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Banco De Chile volatility. High ATR values indicate high volatility, and low values indicate low volatility.

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   0.03  , which may imply that Banco De Chile will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 35.73, which is the sum of squared deviations for the predicted Banco De price change compared to its average price change.

About Banco De 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 Banco De Chile 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 Banco De Chile based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Banco De Chile price pattern first instead of the macroeconomic environment surrounding Banco De Chile. By analyzing Banco De'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 Banco De'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 Banco De specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield1.63E-43.03E-44.22E-44.01E-4
Price To Sales Ratio611.14577.01392.02349.86

Banco De April 23, 2024 Technical Indicators

Most technical analysis of Banco 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 Banco from various momentum indicators to cycle indicators. When you analyze Banco 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.
When determining whether Banco De Chile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco De'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 Banco De Chile Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco De Chile Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco De Chile. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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.
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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
0.12
Dividend Share
8.077
Earnings Share
2.51
Revenue Per Share
5.4 K
Quarterly Revenue Growth
0.116
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.