Banco Stock Market Value

BMA
 Stock
  

USD 11.22  0.41  3.53%   

Banco Macro's market value is the price at which a share of Banco Macro stock trades on a public exchange. It measures the collective expectations of Banco Macro SA investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Banco Macro SA and determine expected loss or profit from investing in Banco Macro over a given investment horizon. Continue to Banco Macro Hype Analysis, Banco Macro Correlation, Banco Macro Valuation, Banco Macro Volatility, as well as analyze Banco Macro Alpha and Beta and Banco Macro Performance.
Symbol
Backtest


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.
Quarterly Earnings Growth YOY
1.48
Market Capitalization
1.5 B
Quarterly Revenue Growth YOY
0.56
Return On Assets
0.0312
Return On Equity
0.13
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.

Banco Macro '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 Macro'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 Macro.
0.00
07/15/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
07/05/2022
0.00
If you would invest  0.00  in Banco Macro on July 15, 2020 and sell it all today you would earn a total of 0.00 from holding Banco Macro SA or generate 0.0% return on investment in Banco Macro over 720 days. Banco Macro S.A. provides various banking products and services to retail and corporate customers in ArgentinaMore

Banco Macro 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 Macro'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 Macro SA upside and downside potential and time the market with a certain degree of confidence.

Banco Macro Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Macro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Macro's standard deviation. In reality, there are many statistical measures that can use Banco Macro historical prices to predict the future Banco Macro's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Banco Macro's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Banco Macro in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
8.4211.2914.16
Details
Intrinsic
Valuation
LowReal ValueHigh
8.8811.7514.62
Details
Naive
Forecast
LowNext ValueHigh
10.4913.3716.24
Details
2 Analysts
Consensus
LowTarget PriceHigh
10.0012.5015.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Banco Macro. Your research has to be compared to or analyzed against Banco Macro's peers to derive any actionable benefits. When done correctly, Banco Macro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Banco Macro SA.

Banco Macro SA Backtested Returns

Banco Macro SA secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had -0.19% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Banco Macro SA exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Banco Macro SA mean deviation of 2.2, and Risk Adjusted Performance of (0.24) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.0711, which signifies a somewhat significant risk relative to the market. Let's try to break down what Banco's beta means in this case. Banco Macro returns are very sensitive to returns on the market. As the market goes up or down, Banco Macro is expected to follow. Even though it is essential to pay attention to Banco Macro SA historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Banco Macro SA exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Banco Macro SA has an expected return of -0.56%. Please be advised to confirm Banco Macro SA maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside to decide if Banco Macro SA performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.21  

Weak reverse predictability

Banco Macro SA has weak reverse predictability. Overlapping area represents the amount of predictability between Banco Macro time series from 15th of July 2020 to 10th of July 2021 and 10th of July 2021 to 5th of July 2022. 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 Macro SA price movement. The serial correlation of -0.21 indicates that over 21.0% of current Banco Macro price fluctuation can be explain by its past prices.
Correlation Coefficient-0.21
Spearman Rank Test0.17
Residual Average0.0
Price Variance2.64

Banco Macro SA lagged returns against current returns

Autocorrelation, which is Banco Macro 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 Macro's stock expected returns. We can calculate the autocorrelation of Banco Macro returns to help us make a trade decision. For example, suppose you find that Banco Macro stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Banco Macro 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 Macro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Macro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Macro stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Banco Macro Lagged Returns

When evaluating Banco Macro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Macro stock have on its future price. Banco Macro 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 Macro autocorrelation shows the relationship between Banco Macro stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Macro SA.
 Regressed Prices 
Share
      Timeline 

Banco Macro Investors Sentiment

The influence of Banco Macro's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Banco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Banco Macro Implied Volatility

    
  70.42  
Banco Macro's implied volatility exposes the market's sentiment of Banco Macro SA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Banco Macro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Banco Macro stock will not fluctuate a lot when Banco Macro's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Banco Macro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Banco Macro's short interest history, or implied volatility extrapolated from Banco Macro options trading.

Current Sentiment - BMA

Banco Macro SA Investor Sentiment

Greater number of Macroaxis users are currently bullish on Banco Macro SA. What is your opinion about investing in Banco Macro SA? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Continue to Banco Macro Hype Analysis, Banco Macro Correlation, Banco Macro Valuation, Banco Macro Volatility, as well as analyze Banco Macro Alpha and Beta and Banco Macro Performance. Note that the Banco Macro SA information on this page should be used as a complementary analysis to other Banco Macro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Complementary Tools for Banco Stock analysis

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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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...