Bancolombia Sa Adr Stock Market Value
| CIB Stock | USD 32.76 0.71 2.12% |
| Symbol | Bancolombia |
Bancolombia SA ADR Price To Book Ratio
Is Diversified Banks space 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 Bancolombia. If investors know Bancolombia 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 Bancolombia 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 0.006 | Earnings Share 5.71 | Revenue Per Share 22.5 K | Quarterly Revenue Growth 0.056 | Return On Assets 0.0177 |
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia'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 Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia'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 Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia'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.
Bancolombia '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 Bancolombia'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 Bancolombia.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Bancolombia on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Bancolombia SA ADR or generate 0.0% return on investment in Bancolombia over 360 days. Bancolombia is related to or competes with Banco De, Banco Bradesco, Banco Santander, Intercorp Financial, Credicorp, Banco Santander, and CrossFirst Bankshares. Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and G... More
Bancolombia 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 Bancolombia'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 Bancolombia SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.05 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 2.87 |
Bancolombia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bancolombia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bancolombia's standard deviation. In reality, there are many statistical measures that can use Bancolombia historical prices to predict the future Bancolombia's volatility.| Risk Adjusted Performance | 0.0208 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.047 |
Bancolombia SA ADR Backtested Returns
At this point, Bancolombia is very steady. Bancolombia SA ADR secures Sharpe Ratio (or Efficiency) of 0.0141, which signifies that the company had a 0.0141% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bancolombia SA ADR, which you can use to evaluate the volatility of the firm. Please confirm Bancolombia's Downside Deviation of 1.59, risk adjusted performance of 0.0208, and Mean Deviation of 1.2 to double-check if the risk estimate we provide is consistent with the expected return of 0.0218%. Bancolombia has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bancolombia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bancolombia is expected to be smaller as well. Bancolombia SA ADR right now shows a risk of 1.54%. Please confirm Bancolombia SA ADR maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to decide if Bancolombia SA ADR will be following its price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Bancolombia SA ADR has weak reverse predictability. Overlapping area represents the amount of predictability between Bancolombia time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Bancolombia SA ADR price movement. The serial correlation of -0.25 indicates that over 25.0% of current Bancolombia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Bancolombia SA ADR lagged returns against current returns
Autocorrelation, which is Bancolombia 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 Bancolombia's stock expected returns. We can calculate the autocorrelation of Bancolombia returns to help us make a trade decision. For example, suppose you find that Bancolombia 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 |
Bancolombia 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 Bancolombia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bancolombia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bancolombia stock over time.
Current vs Lagged Prices |
| Timeline |
Bancolombia Lagged Returns
When evaluating Bancolombia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bancolombia stock have on its future price. Bancolombia 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, Bancolombia autocorrelation shows the relationship between Bancolombia stock current value and its past values and can show if there is a momentum factor associated with investing in Bancolombia SA ADR.
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 determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia'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 Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:Check out Bancolombia Correlation, Bancolombia Volatility and Bancolombia Alpha and Beta module to complement your research on Bancolombia. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Bancolombia 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.