Banco Stock Price on August 11, 2022 Breakdown

BMA
 Stock
  

USD 14.27  0.12  0.83%   

As of today, the current price of Banco Macro is  14.27 , as last reported on the 30th of September, with the highest price reaching  14.85  and the lowest price hitting  14.20  during the day.
Banco Macro appears to be not too volatile, given 3 months investment horizon. Banco Macro SA secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Banco Macro SA, which you can use to evaluate the future volatility of the firm. Please makes use of Banco Macro's Mean Deviation of 2.64, risk adjusted performance of 0.1269, and Downside Deviation of 3.07 to double-check if our risk estimates are consistent with your expectations.
  

Banco Macro Valuation on August 11, 2022

It is possible to determine the worth of Banco Macro on a given historical date. On August 11, 2022 Banco was worth 12.61 at the beginning of the trading date compared to the closed value of 13.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banco Macro stock. Still, in general, we apply an absolute valuation method to find Banco Macro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banco Macro's related companies.
 Open High Low Close Volume
  12.97    13.11    12.48    12.51    193,500  
08/11/2022
  12.61    13.21    12.61    13.08    238,400  
  13.01    13.40    12.97    13.35    133,300  
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Open Value 12.61
13.08
Closing Value
22.45
Upside

Banco Macro Trading Date Momentum on August 11, 2022

On August 12 2022 Banco Macro SA was traded for  13.35  at the closing time. Highest Banco Macro's price during the trading hours was 13.40  and the lowest price during the day was  12.97 . The net volume was 133.3 K. The overall trading history on the 12th of August 2022 contributed to the next trading period price jump. The overall trading delta to the next next day price was 2.06% . The overall trading delta to current price is 0.15% .

Banco Macro SA Fundamentals Correlations and Trends

By evaluating Banco Macro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Banco Macro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Banco Macro Stock history

Banco Macro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Banco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banco Macro SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Banco Macro historical stock prices may prove useful in developing a viable investing in Banco Macro
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina. Banco Macro is traded on New York Stock Exchange in the United States.

Banco Macro Stock Technical Analysis

Banco Macro 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.
A focus of Banco Macro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco Macro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Banco Macro Period Price Range

Low
August 11, 2022
High

 12.61 

  

 13.08 

0.473.73%

Banco Macro September 30, 2022 Market Strength

Market strength indicators help investors to evaluate how Banco Macro 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 Macro shares will generate the highest return on investment. By undertsting and applying Banco Macro stock market strength indicators, traders can identify Banco Macro SA entry and exit signals to maximize returns

Banco Macro Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Banco stock's direction in advance. Along with the technical and fundamental analysis of Banco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Trending Equities. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Banco Macro SA price analysis, check to measure Banco Macro'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 Banco Macro is operating at the current time. Most of Banco Macro's value examination focuses on studying past and present price action to predict the probability of Banco Macro's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banco Macro's price. Additionally, you may evaluate how the addition of Banco Macro to your portfolios can decrease your overall portfolio volatility.
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Is Banco Macro's industry 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 Banco Macro. If investors know Banco 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 Banco Macro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Banco Macro SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Macro's value that differs from its market value or its book value, called intrinsic value, which is Banco Macro'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 Banco Macro's market value can be influenced by many factors that don't directly affect Banco Macro'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 Banco Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine Banco Macro value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Macro'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.