Itau Unibanco Banco Stock Technical Analysis
ITUB Stock | USD 6.25 0.15 2.46% |
As of the 23rd of April, Itau Unibanco retains the Standard Deviation of 1.76, market risk adjusted performance of (0.42), and Risk Adjusted Performance of (0.01). Itau Unibanco technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to break down and analyze data for thirteen technical drivers for Itau Unibanco Banco, which can be compared to its competitors. Please check out Itau Unibanco Banco market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Itau Unibanco is priced fairly, providing market reflects its last-minute price of 6.25 per share. Given that Itau Unibanco Banco has information ratio of (0.08), we strongly advise you to confirm Itau Unibanco Banco's regular market performance to make sure the company can sustain itself at a future point.
Itau Unibanco Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Itau, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ItauItau |
Itau Unibanco Analyst Consensus
Target Price | Advice | # of Analysts | |
6.61 | Buy | 7 | Odds |
Most Itau analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Itau stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Itau Unibanco Banco, talking to its executives and customers, or listening to Itau conference calls.
Itau Unibanco 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.
Itau Unibanco Banco Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Itau Unibanco Banco volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Itau Unibanco Banco Trend Analysis
Use this graph to draw trend lines for Itau Unibanco Banco. You can use it to identify possible trend reversals for Itau Unibanco 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 Itau Unibanco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Itau Unibanco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Itau Unibanco Banco applied against its price change over selected period. The best fit line has a slop of 0.0041 , which may suggest that Itau Unibanco Banco market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.64, which is the sum of squared deviations for the predicted Itau Unibanco price change compared to its average price change.About Itau Unibanco 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 Itau Unibanco Banco 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 Itau Unibanco Banco based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Itau Unibanco Banco price pattern first instead of the macroeconomic environment surrounding Itau Unibanco Banco. By analyzing Itau Unibanco'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 Itau Unibanco'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 Itau Unibanco specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0307 | 0.0271 | 0.0313 | 0.0301 | Price To Sales Ratio | 1.68 | 1.79 | 0.96 | 0.91 |
Itau Unibanco April 23, 2024 Technical Indicators
Most technical analysis of Itau 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 Itau from various momentum indicators to cycle indicators. When you analyze Itau 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 | (0.42) | |||
Mean Deviation | 1.27 | |||
Coefficient Of Variation | (3,054) | |||
Standard Deviation | 1.76 | |||
Variance | 3.09 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.43) | |||
Maximum Drawdown | 10.78 | |||
Value At Risk | (3.12) | |||
Potential Upside | 2.08 | |||
Skewness | 0.3803 | |||
Kurtosis | 2.48 |
Itau Unibanco April 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Itau stock. With literally thousands of 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.
Accumulation Distribution | 969,162 | ||
Daily Balance Of Power | 0.71 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 6.21 | ||
Day Typical Price | 6.22 | ||
Price Action Indicator | 0.12 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itau Unibanco Banco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Itau Stock analysis
When running Itau Unibanco's price analysis, check to measure Itau Unibanco'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 Itau Unibanco is operating at the current time. Most of Itau Unibanco's value examination focuses on studying past and present price action to predict the probability of Itau Unibanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itau Unibanco's price. Additionally, you may evaluate how the addition of Itau Unibanco to your portfolios can decrease your overall portfolio volatility.
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Is Itau Unibanco'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 Itau Unibanco. If investors know Itau 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 Itau Unibanco 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 0.203 | Dividend Share 2.193 | Earnings Share 0.64 | Revenue Per Share 12.708 | Quarterly Revenue Growth 0.113 |
The market value of Itau Unibanco Banco is measured differently than its book value, which is the value of Itau that is recorded on the company's balance sheet. Investors also form their own opinion of Itau Unibanco's value that differs from its market value or its book value, called intrinsic value, which is Itau Unibanco'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 Itau Unibanco's market value can be influenced by many factors that don't directly affect Itau Unibanco'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 Itau Unibanco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itau Unibanco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itau Unibanco'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.