Banco Stock Performance

BMA
 Stock
  

USD 11.63  0.43  3.84%   

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 -0.55%. 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.
  
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Banco Performance
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Over the last 90 days Banco Macro SA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's primary indicators remain somewhat strong which may send shares a bit higher in August 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0617
Payout Ratio
0.15
Forward Annual Dividend Rate
0.72
Dividend Date
2022-06-30
Ex Dividend Date
2022-06-03

Banco Price Channel

Fifty Two Week Low11.03
Target High Price63.00
Fifty Two Week High21.20
Target Low Price13.00

Banco Macro Relative Risk vs. Return Landscape

If you would invest  1,688  in Banco Macro SA on April 4, 2022 and sell it today you would lose (525.00)  from holding Banco Macro SA or give up 31.1% of portfolio value over 90 days. Banco Macro SA is generating negative expected returns assuming volatility of 2.8382% on return distribution over 90 days investment horizon. In other words, 24% of stocks are less volatile than Banco, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Banco Macro is expected to under-perform the market. In addition to that, the company is 1.97 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of volatility.

Banco Macro Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Macro's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Banco Macro SA, and traders can use it to determine the average amount a Banco Macro's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1936

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Negative ReturnsBMA
Estimated Market Risk
 2.84
  actual daily
 
 24 %
of total potential
 
2424
Expected Return
 -0.55
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.19
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Banco Macro is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Banco Macro by adding it to a well-diversified portfolio.

About Banco Macro Performance

To evaluate Banco Macro SA Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Banco Macro generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Banco Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Banco Macro SA stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Banco's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash27.1 B24.4 B
Return on Average Assets 0.021  0.0269 
Return on Average Equity 0.1  0.15 
Return on Invested Capital 0.024  0.0246 
Return on Sales 0.13  0.13 
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 operates under Banks - Regional classification in the United States and is traded on New York Stock Exchange. It employs 7982 people.

Things to note about Banco Macro SA

Checking the ongoing alerts about Banco Macro for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Banco Macro SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Banco Macro Alerts

Equity Alerts and Improvement Suggestions

Banco Macro SA generated a negative expected return over the last 90 days
Latest headline from www.portlincolntimes.com.au: Fresh drubbing for stocks - Port Lincoln Times
Continue to Trending Equities. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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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
743.6 M
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.