Banco Weighted Average Shares from 2010 to 2024

BCH Stock  USD 22.05  0.21  0.96%   
Check Banco De financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Banco main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.9 B, Interest Expense of 607.9 B or Selling General Administrative of 501.3 B, as well as many exotic indicators such as Price To Sales Ratio of 350, Dividend Yield of 4.0E-4 or PTB Ratio of 243. Banco financial statements analysis is a perfect complement when working with Banco De Valuation or Volatility modules.
  
This module can also supplement various Banco De Technical models . Check out the analysis of Banco De Correlation against competitors.

About Banco De Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Banco De income statement, its balance sheet, and the statement of cash flows. Banco De investors use historical funamental indicators, such as Banco De's Weighted Average Shares, to determine how well the company is positioned to perform in the future. Although Banco De investors may use each financial statement separately, they are all related. The changes in Banco De's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Banco De's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Banco De Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Banco De. Please read more on our technical analysis and fundamental analysis pages.
Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile. Banco DE is traded on New York Stock Exchange in the United States.

Pair Trading with Banco De

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco De position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco De will appreciate offsetting losses from the drop in the long position's value.

Moving together with Banco Stock

  0.8DB Deutsche Bank AG Earnings Call This WeekPairCorr

Moving against Banco Stock

  0.73EBTC Enterprise Bancorp Earnings Call This WeekPairCorr
  0.67EBMT Eagle Bancorp Montana Earnings Call This WeekPairCorr
  0.66EGBN Eagle Bancorp Earnings Call This WeekPairCorr
  0.61EFSC Enterprise Financial Earnings Call This WeekPairCorr
  0.6VABK Virginia NationalPairCorr
The ability to find closely correlated positions to Banco De could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco De when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco De - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco De Chile to buy it.
The correlation of Banco De is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco De moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco De Chile moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco De can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Banco De Chile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Banco De's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Banco De Chile Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Banco De Chile Stock:
Check out the analysis of Banco De Correlation against competitors.
Note that the Banco De Chile information on this page should be used as a complementary analysis to other Banco De'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 the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Banco Stock analysis

When running Banco De's price analysis, check to measure Banco De'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 De is operating at the current time. Most of Banco De's value examination focuses on studying past and present price action to predict the probability of Banco De's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco De's price. Additionally, you may evaluate how the addition of Banco De to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Stocks Directory
Find actively traded stocks across global markets
Is Banco De'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 De. 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 De 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
0.113
Dividend Share
8.077
Earnings Share
2.56
Revenue Per Share
5.2 K
Quarterly Revenue Growth
0.079
The market value of Banco De Chile 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 De's value that differs from its market value or its book value, called intrinsic value, which is Banco De'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 De's market value can be influenced by many factors that don't directly affect Banco De'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 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.