Banco Macro Sa Stock Price on May 16, 2024
| BMA Stock | USD 57.02 2.44 4.10% |
Below is the normalized historical share price chart for Banco Macro SA extending back to March 24, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Banco Macro stands at 57.02, as last reported on the 12th of June 2024, with the highest price reaching 59.68 and the lowest price hitting 56.65 during the day.
If you're considering investing in Banco Stock, it is important to understand the factors that can impact its price. Banco Macro appears to be very steady, given 3 months investment horizon. Banco Macro SA secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. By analyzing Banco Macro's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Banco Macro's Downside Deviation of 3.68, mean deviation of 3.02, and Risk Adjusted Performance of 0.1101 to double-check if our risk estimates are consistent with your expectations.
At present, Banco Macro's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 7.1 T, whereas Common Stock Shares Outstanding is forecasted to decline to about 365.1 M. . The current year's Price To Sales Ratio is expected to grow to 10.15. The current year's Price Earnings Ratio is expected to grow to 38.18. Banco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of March 2006 | 200 Day MA 35.2302 | 50 Day MA 56.7722 | Beta 1.855 |
Banco |
Sharpe Ratio = 0.1542
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Estimated Market Risk
| 3.76 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Banco Macro is performing at about 12% 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.
Price Book 2.8259 | Price Sales 0.0014 | Shares Float 221.6 M | Wall Street Target Price 53.38 | Earnings Share 14.26 |
Banco Macro Valuation on May 16, 2024
It is possible to determine the worth of Banco Macro on a given historical date. On May 16, 2024 Banco was worth 66.9 at the beginning of the trading date compared to the closed value of 65.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banco Macro stock. Still, in general, we apply an absolute valuation method to find Banco Macro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Banco Macro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banco Macro's related companies.
| Open | High | Low | Close | Volume | |
| 64.15 | 67.43 | 63.93 | 66.90 | 463,053 | |
05/16/2024 | 66.90 | 66.90 | 64.75 | 65.05 | 286,187 |
| 65.00 | 65.94 | 64.11 | 64.98 | 252,090 |
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Banco Macro Trading Date Momentum on May 16, 2024
| On May 17 2024 Banco Macro SA was traded for 64.98 at the closing time. Highest Banco Macro's price during the trading hours was 65.94 and the lowest price during the day was 64.11 . The net volume was 252.1 K. The overall trading history on the 17th of May 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.11% . The overall trading delta to current price is 9.35% . |
Banco Macro SA Fundamentals Correlations and Trends
By evaluating Banco Macro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Banco Macro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Banco Macro Stock history
Banco Macro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Banco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banco Macro SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Banco Macro stock prices may prove useful in developing a viable investing in Banco Macro
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 639.4 M | 365.1 M | |
| Net Income Applicable To Common Shares | 49.5 B | 52 B |
Banco Macro Stock Technical Analysis
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.
Price Boundaries
Banco Macro Period Price Range
Low | May 16, 2024
| High |
66.90 | 65.05 |
Banco Macro June 12, 2024 Market Strength
Market strength 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 undertsting and applying Banco Macro stock market strength indicators, traders can identify Banco Macro SA entry and exit signals to maximize returns
| Accumulation Distribution | 9197.34 | |||
| Daily Balance Of Power | (0.86) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 65.83 | |||
| Day Typical Price | 65.57 | |||
| Price Action Indicator | (1.70) | |||
| Period Momentum Indicator | (8.03) |
Banco Macro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Banco Macro's price direction in advance. Along with the technical and fundamental analysis of Banco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.6149 | |||
| Total Risk Alpha | 0.6348 | |||
| Sortino Ratio | 0.1647 | |||
| Treynor Ratio | 0.2445 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Banco Stock analysis
When running Banco Macro's 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 the 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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