Credicorp Stock Buy Hold or Sell Recommendation
| BAP Stock | USD 168.22 0.62 0.37% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Credicorp is 'Strong Hold'. Macroaxis provides Credicorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BAP positions. The advice algorithm takes into account all of Credicorp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Credicorp's buy or sell advice are summarized below:
Real Value 170.05 | Target Price 163.07 | Hype Value 167.49 | Market Value 168.22 | Naive Value 166.01 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Credicorp given historical horizon and risk tolerance towards Credicorp. When Macroaxis issues a 'buy' or 'sell' recommendation for Credicorp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Credicorp |
Execute Credicorp Buy or Sell Advice
The Credicorp recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Credicorp. Macroaxis does not own or have any residual interests in Credicorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Credicorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Credicorp Trading Alerts and Improvement Suggestions
| Credicorp has a poor financial position based on the latest SEC disclosures | |
| About 72.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Credicorp Ltd. Credicorps 1Q24 quiet period |
Credicorp Returns Distribution Density
The distribution of Credicorp's historical returns is an attempt to chart the uncertainty of Credicorp's future price movements. The chart of the probability distribution of Credicorp daily returns describes the distribution of returns around its average expected value. We use Credicorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Credicorp returns is essential to provide solid investment advice for Credicorp.
| Mean Return | 0.20 | Value At Risk | -1.86 | Potential Upside | 2.77 | Standard Deviation | 1.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Credicorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Credicorp Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Credicorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Credicorp backward and forwards among themselves. Credicorp's institutional investor refers to the entity that pools money to purchase Credicorp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royal Bank Of Canada | 2023-12-31 | 1.4 M | Mondrian Investment Partners Ltd | 2023-12-31 | 1.3 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 1.1 M | State Street Corporation | 2023-12-31 | 1.1 M | Bank Of Nova Scotia | 2023-12-31 | 973 K | Bank Of New York Mellon Corp | 2023-12-31 | 935.2 K | Pzena Investment Management, Llc | 2023-12-31 | 898.6 K | Aristotle Capital Management Llc | 2023-12-31 | 864.3 K | Legal & General Group Plc | 2023-12-31 | 830.2 K | Dodge & Cox | 2023-12-31 | 5.5 M | Blackrock Inc | 2023-12-31 | 4 M |
Credicorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 3.8B | 10.8B | 2.6B | (5.2B) | (200.3M) | (190.3M) | |
| Free Cash Flow | 6.4B | 12.1B | 3.3B | (2.0B) | 1.5B | 2.2B | |
| Depreciation | 639.1M | 676.9M | 690.2M | 690.6M | 259.5M | 332.4M | |
| Other Non Cash Items | 1.0B | 5.5B | 1.1B | 1.8B | (3.7B) | (3.5B) | |
| Dividends Paid | 2.2B | 2.4B | 398.8M | 1.2B | 2.0B | 2.1B | |
| Capital Expenditures | 506.7M | 633.4M | 640.0M | 896.4M | 322.4M | 372.0M | |
| Net Income | 4.4B | 334.1M | 3.7B | 4.7B | 4.9B | 5.1B | |
| End Period Cash Flow | 26.0B | 36.7B | 39.3B | 34.1B | 33.9B | 18.4B | |
| Investments | 726.2M | (1.9B) | (3.1B) | (1.1B) | (985.5M) | (1.0B) | |
| Change To Netincome | 1.1B | 4.5B | 1.8B | 2.2B | 2.5B | 1.9B |
Credicorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Credicorp or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Credicorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Credicorp stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | 1.23 | |
σ | Overall volatility | 1.45 | |
Ir | Information ratio | 0.07 |
Credicorp Volatility Alert
Credicorp has relatively low volatility with skewness of 0.39 and kurtosis of 1.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Credicorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Credicorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Credicorp Fundamentals Vs Peers
Comparing Credicorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Credicorp's direct or indirect competition across all of the common fundamentals between Credicorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Credicorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Credicorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Credicorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Credicorp to competition |
| Fundamentals | Credicorp | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0209 | -0.14 |
| Profit Margin | 0.30 % | (1.27) % |
| Operating Margin | 0.37 % | (5.51) % |
| Current Valuation | 38.5 B | 16.62 B |
| Shares Outstanding | 79.5 M | 571.82 M |
| Shares Owned By Insiders | 34.40 % | 10.09 % |
| Shares Owned By Institutions | 72.27 % | 39.21 % |
| Number Of Shares Shorted | 555.3 K | 4.71 M |
| Price To Earning | 135.58 X | 28.72 X |
| Price To Book | 1.52 X | 9.51 X |
| Price To Sales | 0.81 X | 11.42 X |
| Revenue | 16.18 B | 9.43 B |
| Gross Profit | 15.34 B | 27.38 B |
| EBITDA | (315.27 M) | 3.9 B |
| Net Income | 4.87 B | 570.98 M |
| Cash And Equivalents | 22.33 B | 2.7 B |
| Cash Per Share | 280.73 X | 5.01 X |
| Total Debt | 26.18 B | 5.32 B |
| Debt To Equity | 8.60 % | 48.70 % |
| Book Value Per Share | 408.32 X | 1.93 K |
| Cash Flow From Operations | 1.81 B | 971.22 M |
| Short Ratio | 2.29 X | 4.00 X |
| Earnings Per Share | 16.11 X | 3.12 X |
| Price To Earnings To Growth | 1.16 X | 4.89 X |
| Target Price | 176.02 | |
| Number Of Employees | 37.07 K | 18.84 K |
| Beta | 1.1 | -0.15 |
| Market Capitalization | 13.42 B | 19.03 B |
| Total Asset | 238.84 B | 29.47 B |
| Retained Earnings | 4.57 B | 9.33 B |
| Annual Yield | 0.04 % | |
| Five Year Return | 3.02 % |
Credicorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Credicorp . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Credicorp Buy or Sell Advice
When is the right time to buy or sell Credicorp? Buying financial instruments such as Credicorp Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 24.8B | 26.0B | 26.2B | 14.6B | Total Assets | 244.8B | 236.8B | 238.8B | 250.8B |
Use Investing Ideas to Build Portfolios
In addition to having Credicorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investor Favorites Theme or any other thematic opportunities.
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Check out Credicorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.Note that the Credicorp information on this page should be used as a complementary analysis to other Credicorp'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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Credicorp Stock analysis
When running Credicorp's price analysis, check to measure Credicorp'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 Credicorp is operating at the current time. Most of Credicorp's value examination focuses on studying past and present price action to predict the probability of Credicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credicorp's price. Additionally, you may evaluate how the addition of Credicorp to your portfolios can decrease your overall portfolio volatility.
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Is Credicorp'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 Credicorp. If investors know Credicorp 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 Credicorp 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 (0.16) | Earnings Share 16.11 | Revenue Per Share 203.611 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0209 |
The market value of Credicorp is measured differently than its book value, which is the value of Credicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Credicorp's value that differs from its market value or its book value, called intrinsic value, which is Credicorp'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 Credicorp's market value can be influenced by many factors that don't directly affect Credicorp'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 Credicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credicorp'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.