Petrleo Brasileiro Sa Stock Technical Analysis
PBR-A Stock | USD 15.99 0.15 0.93% |
As of the 24th of April, Petróleo Brasileiro holds the Semi Deviation of 2.46, risk adjusted performance of 0.0408, and Coefficient Of Variation of 1857.12. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Petróleo Brasileiro, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Petróleo Brasileiro, which can be compared to its competitors. Please check Petróleo Brasileiro treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Petróleo Brasileiro is priced some-what accurately, providing market reflects its current price of 15.99 per share. Given that Petróleo Brasileiro has jensen alpha of 0.0169, we recommend you to check out Petróleo Brasileiro's recent market performance to make sure the company can sustain itself at a future point.
Petróleo Brasileiro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Petróleo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PetróleoPetróleo |
Petróleo Brasileiro Analyst Consensus
Target Price | Advice | # of Analysts | |
15.96 | Buy | 10 | Odds |
Most Petróleo 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 Petróleo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Petróleo Brasileiro, talking to its executives and customers, or listening to Petróleo conference calls.
Petróleo Brasileiro 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.
Petróleo Brasileiro Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Petróleo Brasileiro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Petróleo Brasileiro Trend Analysis
Use this graph to draw trend lines for Petrleo Brasileiro SA. You can use it to identify possible trend reversals for Petróleo Brasileiro 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 Petróleo Brasileiro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Petróleo Brasileiro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Petrleo Brasileiro SA applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Petrleo Brasileiro SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 42.29, which is the sum of squared deviations for the predicted Petróleo Brasileiro price change compared to its average price change.About Petróleo Brasileiro 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 Petrleo Brasileiro SA 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 Petrleo Brasileiro SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Petróleo Brasileiro price pattern first instead of the macroeconomic environment surrounding Petróleo Brasileiro. By analyzing Petróleo Brasileiro'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 Petróleo Brasileiro'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 Petróleo Brasileiro specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2023 | 2024 (projected) | Dividend Yield | 0.18 | 0.19 | 0.2 | Price To Sales Ratio | 0.85 | 1.01 | 1.23 |
Petróleo Brasileiro April 24, 2024 Technical Indicators
Most technical analysis of Petróleo 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 Petróleo from various momentum indicators to cycle indicators. When you analyze Petróleo 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 | 0.0408 | |||
Market Risk Adjusted Performance | 0.111 | |||
Mean Deviation | 1.41 | |||
Semi Deviation | 2.46 | |||
Downside Deviation | 2.61 | |||
Coefficient Of Variation | 1857.12 | |||
Standard Deviation | 2.21 | |||
Variance | 4.87 | |||
Information Ratio | 0.0106 | |||
Jensen Alpha | 0.0169 | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | 0.009 | |||
Treynor Ratio | 0.101 | |||
Maximum Drawdown | 15.6 | |||
Value At Risk | (2.20) | |||
Potential Upside | 3.01 | |||
Downside Variance | 6.8 | |||
Semi Variance | 6.06 | |||
Expected Short fall | (1.49) | |||
Skewness | (2.37) | |||
Kurtosis | 11.47 |
Petróleo Brasileiro April 24, 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 Petróleo 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 | 50,910 | ||
Daily Balance Of Power | (0.54) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 16.09 | ||
Day Typical Price | 16.06 | ||
Price Action Indicator | (0.17) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Petróleo Stock analysis
When running Petróleo Brasileiro's price analysis, check to measure Petróleo Brasileiro'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 Petróleo Brasileiro is operating at the current time. Most of Petróleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petróleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petróleo Brasileiro's price. Additionally, you may evaluate how the addition of Petróleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
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