Banco Stock Alpha and Beta Analysis

BMA
 Stock
  

USD 13.89  0.34  2.51%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Banco Macro SA. It also helps investors analyze the systematic and unsystematic risks associated with investing in Banco Macro over a specified time horizon. Remember, high Banco Macro's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Banco Macro Backtesting, Banco Macro Valuation, Banco Macro Correlation, Banco Macro Hype Analysis, Banco Macro Volatility, Banco Macro History and analyze Banco Macro Performance.
  
Please note that although Banco Macro alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Banco Macro did 0.19  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Banco Macro SA stock's relative risk over its benchmark. Banco Macro SA has a beta of 1.08  . 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.
The current year Book Value per Share is expected to grow to 4,043. The current year Enterprise Value over EBIT is expected to grow to 3.41.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

462.29 Million

Banco Macro Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Banco Macro market risk premium is the additional return an investor will receive from holding Banco Macro long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Banco Macro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Banco Macro's performance over market.
α-0.19   β1.08
90 days against DJI

Banco Macro expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Banco Macro's Buy-and-hold return. Our buy-and-hold chart shows how Banco Macro performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Banco Macro Market Price Analysis

Market price analysis 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 understating and applying Banco Macro stock market price indicators, traders can identify Banco Macro position entry and exit signals to maximize returns.

Banco Macro Return and Market Media

The median price of Banco Macro for the period between Sat, May 21, 2022 and Fri, Aug 19, 2022 is 12.8 with a coefficient of variation of 13.62. The daily time series for the period is distributed with a sample standard deviation of 1.74, arithmetic mean of 12.8, and mean deviation of 1.47. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Ontario Lottery and Gaming Corporation - MidDay lottery winn...06/07/2022
2
Banco Macro Upgraded to Strong-Buy by StockNews.com - Market...06/13/2022
3
Other06/16/2022
4
SA in search of global investment partners to boost economy ...06/21/2022
5
Other06/22/2022
6
Fresh drubbing for stocks - Port Lincoln Times06/30/2022
7
Other07/13/2022
8
Other07/18/2022
9
Signature Bank Strong Q2 Result With Robust Growth Prospects...07/26/2022
10
Upstart Stock The Bad News Is On Full Display, What To Do No...08/10/2022
11
EPS Estimate08/15/2022

About Banco Macro Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Banco or other stocks. Alpha measures the amount that position in Banco Macro SA has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
Book Value per Share2.18 K3.58 K3.75 K4.04 K
Asset Turnover0.430.230.180.21

Banco Macro Upcoming Company Events

As portrayed in its financial statements, the presentation of Banco Macro's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Banco Macro's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Banco Macro's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Banco Macro. Please utilize our Beneish M Score to check the likelihood of Banco Macro's management manipulating its earnings.
Upcoming Quarterly Report9th of March 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Banco Macro

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Continue to Banco Macro Backtesting, Banco Macro Valuation, Banco Macro Correlation, Banco Macro Hype Analysis, Banco Macro Volatility, Banco Macro History and analyze 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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...