Banco De Stock Forward View - Simple Exponential Smoothing
| BCI Stock | CLP 60,600 1,001 1.62% |
Banco Stock outlook is based on your current time horizon.
The value of RSI of Banco De's stock price is about 63 suggesting that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Banco, making its price go up or down. Momentum 63
Buy Extended
Oversold | Overbought |
Using Banco De hype-based prediction, you can estimate the value of Banco de Credito from the perspective of Banco De response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Banco de Credito on the next trading day is expected to be 60,647 with a mean absolute deviation of 791.48 and the sum of the absolute errors of 48,280. Banco De after-hype prediction price | CLP 60600.0 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Banco |
Banco De Additional Predictive Modules
Most predictive techniques to examine Banco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Banco using various technical indicators. When you analyze Banco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Banco De Simple Exponential Smoothing Price Forecast For the 20th of February
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Banco de Credito on the next trading day is expected to be 60,647 with a mean absolute deviation of 791.48, mean absolute percentage error of 1,062,329, and the sum of the absolute errors of 48,280.Please note that although there have been many attempts to predict Banco Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Banco De's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Banco De Stock Forecast Pattern
| Backtest Banco De | Banco De Price Prediction | Research Analysis |
Banco De Forecasted Value
In the context of forecasting Banco De's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Banco De's downside and upside margins for the forecasting period are 60,645 and 60,648, respectively. We have considered Banco De's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Banco De stock data series using in forecasting. Note that when a statistical model is used to represent Banco De stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 131.9865 |
| Bias | Arithmetic mean of the errors | -183.2302 |
| MAD | Mean absolute deviation | 791.4797 |
| MAPE | Mean absolute percentage error | 0.013 |
| SAE | Sum of the absolute errors | 48280.2646 |
Predictive Modules for Banco De
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banco de Credito. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Banco De After-Hype Price Density Analysis
As far as predicting the price of Banco De at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Banco De or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Banco De, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Banco De Estimiated After-Hype Price Volatility
In the context of predicting Banco De's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Banco De's historical news coverage. Banco De's after-hype downside and upside margins for the prediction period are 60,598 and 60,602, respectively. We have considered Banco De's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Banco De is very steady at this time. Analysis and calculation of next after-hype price of Banco de Credito is based on 3 months time horizon.
Banco De Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Banco De is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Banco De backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Banco De, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.26 | 1.69 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In 5 to 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
60,600 | 60,600 | 0.00 |
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Banco De Hype Timeline
Banco de Credito is currently traded for 60,600on Chilean Stock Exchange of Chile. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Banco is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is currently at 0.26%. %. The volatility of related hype on Banco De is about 0.0%, with the expected price after the next announcement by competition of 60,600. About 66.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.86. Some equities with similar Price to Book (P/B) outperform the market in the long run. Banco de Credito has Price/Earnings To Growth (PEG) ratio of 0.42. The entity recorded earning per share (EPS) of 4796.61. The firm last dividend was issued on the 18th of April 2022. Banco De had 1:1 split on the 29th of August 2022. Assuming the 90 days trading horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Banco De to cross-verify your projections.Banco De Related Hype Analysis
Having access to credible news sources related to Banco De's direct competition is more important than ever and may enhance your ability to predict Banco De's future price movements. Getting to know how Banco De's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Banco De may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BSANTANDER | Banco Santander Chile | 0.00 | 0 per month | 1.10 | 0.10 | 2.50 | (1.95) | 8.42 | |
| CHILE | Banco de Chile | 0.00 | 0 per month | 1.25 | 0.05 | 2.71 | (2.32) | 8.07 | |
| ILC | Inv La Constru | 0.00 | 0 per month | 1.15 | 0.22 | 2.67 | (2.21) | 8.95 | |
| HABITAT | AFP Habitat | 0.00 | 0 per month | 0.00 | (0.05) | 2.15 | (2.19) | 6.80 | |
| NORTEGRAN | Norte Grande | 0.00 | 0 per month | 0.73 | 0.33 | 3.04 | (2.23) | 7.12 |
Other Forecasting Options for Banco De
For every potential investor in Banco, whether a beginner or expert, Banco De'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 De's price trends.Banco De 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 De stock to make a market-neutral strategy. 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 with similar companies.
| Risk & Return | Correlation |
Banco De Market Strength Events
Market strength indicators help investors to evaluate how Banco De 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 De shares will generate the highest return on investment. By undertsting and applying Banco De stock market strength indicators, traders can identify Banco de Credito entry and exit signals to maximize returns.
| Accumulation Distribution | 3993.4 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 61500.0 | |||
| Day Typical Price | 61200.0 | |||
| Market Facilitation Index | 0.013 | |||
| Price Action Indicator | (1,400) | |||
| Period Momentum Indicator | (1,001) | |||
| Relative Strength Index | 63.73 |
Banco De Risk Indicators
The analysis of Banco De'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 De'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 | 1.22 | |||
| Semi Deviation | 1.6 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.66 | |||
| Downside Variance | 3.98 | |||
| Semi Variance | 2.57 | |||
| Expected Short fall | (1.28) |
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.
Story Coverage note for Banco De
The number of cover stories for Banco De depends on current market conditions and Banco De's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Banco De is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Banco De's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Other Information on Investing in Banco Stock
Banco De financial ratios help investors to determine whether Banco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Banco with respect to the benefits of owning Banco De security.