Credicorp's market value is the price at which a share of Credicorp trades on a public exchange. It measures the collective expectations of Credicorp investors about its performance. Credicorp is trading at 3640.00 as of the 18th of January 2025; that is No Change since the beginning of the trading day. The stock's open price was 3640.0. With this module, you can estimate the performance of a buy and hold strategy of Credicorp and determine expected loss or profit from investing in Credicorp over a given investment horizon. Check out Credicorp Correlation, Credicorp Volatility and Credicorp Alpha and Beta module to complement your research on Credicorp. For more information on how to buy Credicorp Stock please use our How to Invest in Credicorp guide.
Please note, there is a significant difference between Credicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credicorp'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.
Credicorp '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 Credicorp'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 Credicorp.
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12/19/2024
No Change 0.00
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In 31 days
01/18/2025
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If you would invest 0.00 in Credicorp on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Credicorp or generate 0.0% return on investment in Credicorp over 30 days. Credicorp is related to or competes with CMR SAB, Emerson Electric, American Express, Tesla, Xiaomi, and Amazon. Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and pro... More
Credicorp 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 Credicorp'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 Credicorp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Credicorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Credicorp's standard deviation. In reality, there are many statistical measures that can use Credicorp historical prices to predict the future Credicorp's volatility.
At this stage we consider Credicorp Stock to be very steady. Credicorp secures Sharpe Ratio (or Efficiency) of 0.0905, which signifies that the company had a 0.0905% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for Credicorp, which you can use to evaluate the volatility of the firm. Please confirm Credicorp's mean deviation of 0.4901, and Risk Adjusted Performance of 0.0787 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Credicorp has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Credicorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Credicorp is expected to be smaller as well. Credicorp right now shows a risk of 2.14%. Please confirm Credicorp standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if Credicorp will be following its price patterns.
Auto-correlation
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No correlation between past and present
Credicorp has no correlation between past and present. Overlapping area represents the amount of predictability between Credicorp time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Credicorp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Credicorp price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
0.45
Residual Average
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Price Variance
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Credicorp lagged returns against current returns
Autocorrelation, which is Credicorp 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 Credicorp's stock expected returns. We can calculate the autocorrelation of Credicorp returns to help us make a trade decision. For example, suppose you find that Credicorp 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 price movement to match the lagging time series.
Current and Lagged Values
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Credicorp 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 Credicorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Credicorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Credicorp stock over time.
Current vs Lagged Prices
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Credicorp Lagged Returns
When evaluating Credicorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Credicorp stock have on its future price. Credicorp 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, Credicorp autocorrelation shows the relationship between Credicorp stock current value and its past values and can show if there is a momentum factor associated with investing in Credicorp.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Credicorp's price analysis, check to measure Credicorp'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 Credicorp is operating at the current time. Most of Credicorp's value examination focuses on studying past and present price action to predict the probability of Credicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credicorp's price. Additionally, you may evaluate how the addition of Credicorp to your portfolios can decrease your overall portfolio volatility.