Banco Do (Brazil) Technical Analysis
| BRSR6 Preferred Stock | BRL 12.74 0.37 2.82% |
As of the 16th of April 2024, Banco Do shows the Mean Deviation of 1.27, standard deviation of 1.83, and Risk Adjusted Performance of (0.01). Banco do Estado technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Banco do Estado, which can be compared to its peers. Please confirm Banco do Estado treynor ratio, as well as the relationship between the value at risk and skewness to decide if Banco do Estado is priced correctly, providing market reflects its regular price of 12.74 per share.
Banco Do Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Banco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BancoBanco |
Banco Do technical preferred 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, preferred stock market cycles, or different charting patterns.
Banco do Estado Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Banco do Estado volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Banco do Estado Trend Analysis
Use this graph to draw trend lines for Banco do Estado. You can use it to identify possible trend reversals for Banco Do 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 Banco Do price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Banco Do Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Banco do Estado applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Banco do Estado market price will keep on failing further. It has 122 observation points and a regression sum of squares at 14.51, which is the sum of squared deviations for the predicted Banco Do price change compared to its average price change.About Banco Do Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Banco do Estado on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Banco do Estado based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Banco do Estado price pattern first instead of the macroeconomic environment surrounding Banco do Estado. By analyzing Banco Do's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Banco Do's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Banco Do specific price patterns or momentum indicators. Please read more on our technical analysis page.
Banco Do April 16, 2024 Technical Indicators
Most technical analysis of Banco help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Banco from various momentum indicators to cycle indicators. When you analyze Banco charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | (3,156) | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 11.49 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 2.54 | |||
| Skewness | 0.9216 | |||
| Kurtosis | 5.23 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco do Estado. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Banco do Estado information on this page should be used as a complementary analysis to other Banco Do'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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Banco Preferred Stock analysis
When running Banco Do's price analysis, check to measure Banco Do'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 Do is operating at the current time. Most of Banco Do's value examination focuses on studying past and present price action to predict the probability of Banco Do'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 Do's price. Additionally, you may evaluate how the addition of Banco Do to your portfolios can decrease your overall portfolio volatility.
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