Braskem Sa Class Stock Market Value
| BAK Stock | USD 7.01 0.11 1.54% |
| Symbol | Braskem |
Braskem SA Class Price To Book Ratio
Is Commodity Chemicals space 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 Braskem SA. If investors know Braskem 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 Braskem SA 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 (0.95) | Earnings Share (2.94) | Revenue Per Share 173.286 | Quarterly Revenue Growth (0.08) | Return On Assets (0.01) |
The market value of Braskem SA Class is measured differently than its book value, which is the value of Braskem that is recorded on the company's balance sheet. Investors also form their own opinion of Braskem SA's value that differs from its market value or its book value, called intrinsic value, which is Braskem SA'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 Braskem SA's market value can be influenced by many factors that don't directly affect Braskem SA'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 Braskem SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Braskem SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Braskem SA'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.
Braskem SA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Braskem SA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Braskem SA.
| 04/06/2024 |
| 06/05/2024 |
If you would invest 0.00 in Braskem SA on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Braskem SA Class or generate 0.0% return on investment in Braskem SA over 60 days. Braskem SA is related to or competes with Valhi, Huntsman, Lsb Industries, Westlake Chemical, Tronox Holdings, AdvanSix, and Methanex. Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins More
Braskem SA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Braskem SA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Braskem SA Class upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 31.64 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 4.76 |
Braskem SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Braskem SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Braskem SA's standard deviation. In reality, there are many statistical measures that can use Braskem SA historical prices to predict the future Braskem SA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Braskem SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Braskem SA Class Backtested Returns
Braskem SA Class secures Sharpe Ratio (or Efficiency) of -0.0503, which signifies that the company had a -0.0503% return per unit of standard deviation over the last 3 months. Braskem SA Class exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Braskem SA's risk adjusted performance of (0.04), and Mean Deviation of 2.33 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.53, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Braskem SA will likely underperform. At this point, Braskem SA Class has a negative expected return of -0.19%. Please make sure to confirm Braskem SA's maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Braskem SA Class performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Braskem SA Class has modest predictability. Overlapping area represents the amount of predictability between Braskem SA time series from 6th of April 2024 to 6th of May 2024 and 6th of May 2024 to 5th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Braskem SA Class price movement. The serial correlation of 0.53 indicates that about 53.0% of current Braskem SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Braskem SA Class lagged returns against current returns
Autocorrelation, which is Braskem SA stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Braskem SA's stock expected returns. We can calculate the autocorrelation of Braskem SA returns to help us make a trade decision. For example, suppose you find that Braskem SA has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Braskem SA regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Braskem SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Braskem SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Braskem SA stock over time.
Current vs Lagged Prices |
| Timeline |
Braskem SA Lagged Returns
When evaluating Braskem SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Braskem SA stock have on its future price. Braskem SA autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Braskem SA autocorrelation shows the relationship between Braskem SA stock current value and its past values and can show if there is a momentum factor associated with investing in Braskem SA Class.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Braskem Stock
When determining whether Braskem SA Class is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Braskem Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Braskem Sa Class Stock. Highlighted below are key reports to facilitate an investment decision about Braskem Sa Class Stock:Check out Braskem SA Correlation, Braskem SA Volatility and Braskem SA Alpha and Beta module to complement your research on Braskem SA. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Braskem SA 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.