Bovespa (Brazil) Technical Analysis Overview

BVSP -- Brazil Index  

 87,031  1,116  1.30%

Bovespa shows Downside Deviation of 1.57, Risk Adjusted Performance of 0.1042 and Mean Deviation of 1.27. Macroaxis technical analysis interface gives you tools to check existing technical drivers of Bovespa as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Bovespa which can be compared to its rivals. Please confirm Bovespa Market Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if Bovespa is priced correctly providing market reflects its regular price of 87031.45 per share.
Horizon     30 Days    Login   to change

Bovespa Trend Analysis

Use this graph to draw trend lines for Bovespa. You can use it to identify possible trend reversals for Bovespa as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bovespa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bovespa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bovespa applied against its price change over selected period. The best fit line has a slop of 108.41 % which means Bovespa will continue producing value for investors. It has 78 observation points and a regression sum of squares at 1.1611339781E8, which is the sum of squared deviations for the predicted Bovespa price change compared to its average price change.

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Bovespa Market Strength

Bovespa December 11, 2018 Daily Price Condition

See also Your Current Watchlist. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.