Banco Hipotecario (Argentina) Market Value
| BHIP Stock | ARS 484.50 33.00 7.31% |
| Symbol | Banco |
Banco Hipotecario '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 Hipotecario'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 Hipotecario.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Banco Hipotecario on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Banco Hipotecario SA or generate 0.0% return on investment in Banco Hipotecario over 30 days. Banco Hipotecario is related to or competes with Telecom Argentina, Agrometal SAI, Harmony Gold, and Compania. Banco Hipotecario S.A. provides banking and related financial services to individuals, small and medium enterprises, and... More
Banco Hipotecario 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 Hipotecario'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 Hipotecario SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.1122 | |||
| Maximum Drawdown | 10.85 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 4.29 |
Banco Hipotecario Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Hipotecario's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Hipotecario's standard deviation. In reality, there are many statistical measures that can use Banco Hipotecario historical prices to predict the future Banco Hipotecario's volatility.| Risk Adjusted Performance | 0.1329 | |||
| Jensen Alpha | 0.5102 | |||
| Total Risk Alpha | 0.008 | |||
| Sortino Ratio | 0.145 | |||
| Treynor Ratio | (0.43) |
Banco Hipotecario Backtested Returns
Banco Hipotecario appears to be very steady, given 3 months investment horizon. Banco Hipotecario secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Banco Hipotecario SA, which you can use to evaluate the volatility of the firm. Please makes use of Banco Hipotecario's Risk Adjusted Performance of 0.1329, mean deviation of 1.98, and Downside Deviation of 1.92 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banco Hipotecario holds a performance score of 11. The firm shows a Beta (market volatility) of -0.93, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Banco Hipotecario are expected to decrease slowly. On the other hand, during market turmoil, Banco Hipotecario is expected to outperform it slightly. Please check Banco Hipotecario's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Banco Hipotecario's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Banco Hipotecario SA has average predictability. Overlapping area represents the amount of predictability between Banco Hipotecario time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. 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 Hipotecario price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Banco Hipotecario price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 391.65 |
Banco Hipotecario lagged returns against current returns
Autocorrelation, which is Banco Hipotecario 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 Hipotecario's stock expected returns. We can calculate the autocorrelation of Banco Hipotecario returns to help us make a trade decision. For example, suppose you find that Banco Hipotecario 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 |
| Timeline |
Banco Hipotecario 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 Hipotecario stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Hipotecario stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Hipotecario stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Hipotecario Lagged Returns
When evaluating Banco Hipotecario's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Hipotecario stock have on its future price. Banco Hipotecario 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 Hipotecario autocorrelation shows the relationship between Banco Hipotecario stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Hipotecario SA.
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.Other Information on Investing in Banco Stock
Banco Hipotecario 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 Hipotecario security.