Banco De Stock Forecast - Simple Regression

BCH Stock  USD 27.64  0.46  1.64%   
The Simple Regression forecasted value of Banco De Chile on the next trading day is expected to be 28.56 with a mean absolute deviation of 0.53 and the sum of the absolute errors of 32.23. Banco Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Banco De's historical fundamentals, such as revenue growth or operating cash flow patterns.
The Banco De's current Asset Turnover is estimated to increase to 0.06, while Payables Turnover is projected to decrease to (6.81). . The Banco De's current Common Stock Shares Outstanding is estimated to increase to about 513.4 M. The Banco De's current Net Income Applicable To Common Shares is estimated to increase to about 1.3 T.

Open Interest Against 2025-10-17 Banco Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Banco De's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Banco De's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Banco De stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Banco De's open interest, investors have to compare it to Banco De's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Banco De is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Banco. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Simple Regression model is a single variable regression model that attempts to put a straight line through Banco De price points. This line is defined by its gradient or slope, and the point at which it intercepts the x-axis. Mathematically, assuming the independent variable is X and the dependent variable is Y, then this line can be represented as: Y = intercept + slope * X.

Banco De Simple Regression Price Forecast For the 28th of July

Given 90 days horizon, the Simple Regression forecasted value of Banco De Chile on the next trading day is expected to be 28.56 with a mean absolute deviation of 0.53, mean absolute percentage error of 0.45, and the sum of the absolute errors of 32.23.
Please note that although there have been many attempts to predict Banco Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Banco De's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Banco De Stock Forecast Pattern

Backtest Banco DeBanco De Price PredictionBuy or Sell Advice 

Banco De Forecasted Value

In the context of forecasting Banco De's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Banco De's downside and upside margins for the forecasting period are 27.37 and 29.75, respectively. We have considered Banco De's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
27.64
28.56
Expected Value
29.75
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Regression forecasting method's relative quality and the estimations of the prediction error of Banco De stock data series using in forecasting. Note that when a statistical model is used to represent Banco De stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria117.3187
BiasArithmetic mean of the errors None
MADMean absolute deviation0.5283
MAPEMean absolute percentage error0.0177
SAESum of the absolute errors32.2274
In general, regression methods applied to historical equity returns or prices series is an area of active research. In recent decades, new methods have been developed for robust regression of price series such as Banco De Chile historical returns. These new methods are regression involving correlated responses such as growth curves and different regression methods accommodating various types of missing data.

Predictive Modules for Banco De

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banco De Chile. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Banco De'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.
Hype
Prediction
LowEstimatedHigh
26.4527.6428.83
Details
Intrinsic
Valuation
LowRealHigh
27.0028.1929.38
Details
Bollinger
Band Projection (param)
LowMiddleHigh
27.5329.3831.22
Details
11 Analysts
Consensus
LowTargetHigh
25.2327.7330.78
Details

Other Forecasting Options for Banco De

For every potential investor in Banco, whether a beginner or expert, Banco De's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Banco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Banco. Basic forecasting techniques help filter out the noise by identifying Banco De's price trends.

Banco De Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Banco De stock to make a market-neutral strategy. Peer analysis of Banco De could also be used in its relative valuation, which is a method of valuing Banco De by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Banco De Chile Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Banco De's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Banco De's current price.

Banco De Market Strength Events

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

Banco De Risk Indicators

The analysis of Banco De's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Banco De's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting banco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

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 Historical Fundamental Analysis of Banco De to cross-verify your projections.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Diversified Banks space 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
(0.06)
Dividend Share
9.854
Earnings Share
2.66
Revenue Per Share
5.3 K
Quarterly Revenue Growth
(0.01)
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.