Petrleo Brasileiro Sa Stock Beta
| PBR-A Stock | USD 15.99 0.15 0.93% |
Petrleo Brasileiro SA fundamentals help investors to digest information that contributes to Petróleo Brasileiro's financial success or failures. It also enables traders to predict the movement of Petróleo Stock. The fundamental analysis module provides a way to measure Petróleo Brasileiro's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Petróleo Brasileiro stock.
Petróleo | Beta |
Petrleo Brasileiro SA Company Beta Analysis
Petróleo Brasileiro's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Petróleo Brasileiro Beta | 1.0 |
Most of Petróleo Brasileiro's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Petrleo Brasileiro SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Petróleo Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Petróleo Brasileiro is extremely important. It helps to project a fair market value of Petróleo Stock properly, considering its historical fundamentals such as Beta. Since Petróleo Brasileiro's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Petróleo Brasileiro's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Petróleo Brasileiro's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Petrleo Brasileiro SA has a Beta of 1.005. This is 40.88% lower than that of the Oil, Gas & Consumable Fuels sector and 10.27% lower than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Petróleo Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Petróleo Brasileiro's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Petróleo Brasileiro could also be used in its relative valuation, which is a method of valuing Petróleo Brasileiro by comparing valuation metrics of similar companies.Petrleo Brasileiro is currently under evaluation in beta category among related companies.
Petróleo Brasileiro Current Valuation Drivers
We derive many important indicators used in calculating different scores of Petróleo Brasileiro from analyzing Petróleo Brasileiro's financial statements. These drivers represent accounts that assess Petróleo Brasileiro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Petróleo Brasileiro's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 104.0B | 73.2B | 71.6B | 69.5B | 104.0B | 102.5B | |
| Enterprise Value | 183.7B | 137.1B | 119.9B | 115.3B | 161.4B | 120.9B |
Petróleo Brasileiro returns are very sensitive to returns on the market. As the market goes up or down, Petróleo Brasileiro is expected to follow.
Petróleo Fundamentals
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.24 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 436.61 B | ||||
| Shares Outstanding | 6.45 B | ||||
| Shares Owned By Institutions | 9.88 % | ||||
| Number Of Shares Shorted | 8.21 M | ||||
| Price To Earning | 18.99 X | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 102.5 B | ||||
| Gross Profit | 334.1 B | ||||
| EBITDA | 52.73 B | ||||
| Net Income | 24.95 B | ||||
| Cash And Equivalents | 16.05 B | ||||
| Cash Per Share | 2.46 X | ||||
| Total Debt | 62.39 B | ||||
| Debt To Equity | 142.90 % | ||||
| Current Ratio | 1.15 X | ||||
| Book Value Per Share | 29.40 X | ||||
| Cash Flow From Operations | 41.29 B | ||||
| Short Ratio | 0.90 X | ||||
| Earnings Per Share | 3.59 X | ||||
| Price To Earnings To Growth | 1.28 X | ||||
| Target Price | 17.31 | ||||
| Number Of Employees | 46.73 K | ||||
| Beta | 1.0 | ||||
| Market Capitalization | 106.39 B | ||||
| Total Asset | 216.34 B | ||||
| Retained Earnings | 32.77 B | ||||
| Working Capital | (6.87 B) | ||||
| Annual Yield | 0.12 % | ||||
| Five Year Return | 0.66 % | ||||
| Net Asset | 216.34 B | ||||
| Last Dividend Paid | 6.27 |
About Petróleo Brasileiro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Petrleo Brasileiro SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petróleo Brasileiro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petrleo Brasileiro SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Petróleo Brasileiro in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Petróleo Brasileiro's short interest history, or implied volatility extrapolated from Petróleo Brasileiro options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Petróleo Brasileiro using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Petróleo Brasileiro Piotroski F Score and Petróleo Brasileiro Altman Z Score analysis. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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