Petróleo Brasileiro Stock Forecast - Daily Balance Of Power
| PBR-A Stock | USD 16.14 0.08 0.50% |
Petróleo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Petróleo Brasileiro stock prices and determine the direction of Petrleo Brasileiro SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Petróleo Brasileiro's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Petróleo Brasileiro's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Petróleo Brasileiro's systematic risk associated with finding meaningful patterns of Petróleo Brasileiro fundamentals over time.
Check out Historical Fundamental Analysis of Petróleo Brasileiro to cross-verify your projections. Petróleo |
Open Interest Against 2024-05-17 Petróleo Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Petróleo Brasileiro's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Petróleo Brasileiro's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Petróleo Brasileiro stock based on available contracts left at the end of a trading day.
No Open InterestPlease note that to derive more accurate forecasting about market movement from the current Petróleo Brasileiro's open interest, investors have to compare it to Petróleo Brasileiro's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Petróleo Brasileiro is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Petróleo. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Petróleo Brasileiro cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Petróleo Brasileiro's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Petróleo Brasileiro's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Petrleo Brasileiro SA market sensitivity to bulls and bears. It estimates the ability of Petróleo Brasileiro buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Petróleo Brasileiro Balance of Power indicator one can determine a trend of the price direction.| Check Petróleo Brasileiro Volatility | Backtest Petróleo Brasileiro | Information Ratio |
Petróleo Brasileiro Trading Date Momentum
| On April 23 2024 Petrleo Brasileiro SA was traded for 16.14 at the closing time. The highest daily price throughout the period was 16.18 and the lowest price was 15.86 . The daily volume was 3.9 M. The net trading volume on 04/23/2024 did not cause price change. The trading delta at closing time to current closing price is 0.87% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Petróleo Brasileiro to competition |
Other Forecasting Options for Petróleo Brasileiro
For every potential investor in Petróleo, whether a beginner or expert, Petróleo Brasileiro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Petróleo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Petróleo. Basic forecasting techniques help filter out the noise by identifying Petróleo Brasileiro's price trends.Petróleo Brasileiro Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Petróleo Brasileiro stock to make a market-neutral strategy. 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 with similar companies.
| Risk & Return | Correlation |
Petróleo Brasileiro Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Petróleo Brasileiro's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Petróleo Brasileiro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Petróleo Brasileiro Market Strength Events
Market strength indicators help investors to evaluate how Petróleo Brasileiro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petróleo Brasileiro shares will generate the highest return on investment. By undertsting and applying Petróleo Brasileiro stock market strength indicators, traders can identify Petrleo Brasileiro SA entry and exit signals to maximize returns.
| Accumulation Distribution | 76534.94 | |||
| Daily Balance Of Power | 0.25 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 16.02 | |||
| Day Typical Price | 16.06 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 0.08 |
Petróleo Brasileiro Risk Indicators
The analysis of Petróleo Brasileiro's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Petróleo Brasileiro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting petróleo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.42 | |||
| Semi Deviation | 2.43 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.87 | |||
| Downside Variance | 6.59 | |||
| Semi Variance | 5.91 | |||
| Expected Short fall | (1.52) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Becoming a Better Investor with Macroaxis
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Check out Historical Fundamental Analysis of Petróleo Brasileiro to cross-verify your projections. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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