Banco De's market value is the price at which a share of Banco De trades on a public exchange. It measures the collective expectations of Banco de Valores investors about its performance. Banco De is trading at 449.00 as of the 18th of January 2025, a 2.07% down since the beginning of the trading day. The stock's open price was 458.5. With this module, you can estimate the performance of a buy and hold strategy of Banco de Valores and determine expected loss or profit from investing in Banco De over a given investment horizon. Check out Banco De Correlation, Banco De Volatility and Banco De Alpha and Beta module to complement your research on Banco De.
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.
Banco De '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 De'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 De.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Banco De on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Banco de Valores or generate 0.0% return on investment in Banco De over 30 days. Banco De is related to or competes with Matba Rofex, Compania, American Express, Transportadora, Aluar Aluminio, and Walmart. Grupo Financiero Valores S.A. engages in financial and investment activities More
Banco De 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 De'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 de Valores 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 Banco De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco De's standard deviation. In reality, there are many statistical measures that can use Banco De historical prices to predict the future Banco De's volatility.
Banco De appears to be very steady, given 3 months investment horizon. Banco de Valores secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36% return per unit of risk over the last 3 months. By analyzing Banco De's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Banco De's Downside Deviation of 0.9023, mean deviation of 1.02, and Risk Adjusted Performance of 0.3098 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Banco De holds a performance score of 28. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Banco De are expected to decrease at a much lower rate. During the bear market, Banco De is likely to outperform the market. Please check Banco De's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Banco De's price patterns will revert.
Auto-correlation
0.20
Weak predictability
Banco de Valores has weak predictability. Overlapping area represents the amount of predictability between Banco De 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 Banco de Valores price movement. The serial correlation of 0.2 indicates that over 20.0% of current Banco De price fluctuation can be explain by its past prices.
Correlation Coefficient
0.2
Spearman Rank Test
0.03
Residual Average
0.0
Price Variance
9.34
Banco de Valores lagged returns against current returns
Autocorrelation, which is Banco De 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 De's stock expected returns. We can calculate the autocorrelation of Banco De returns to help us make a trade decision. For example, suppose you find that Banco De 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 De 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 De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco De stock over time.
Current vs Lagged Prices
Timeline
Banco De Lagged Returns
When evaluating Banco De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco De stock have on its future price. Banco De 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 De autocorrelation shows the relationship between Banco De stock current value and its past values and can show if there is a momentum factor associated with investing in Banco de Valores.
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.
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.