Banco Tangible Asset Value from 2010 to 2023

Stocks . USA . 
Stock . Banco Bradesco SA
BBD Stock  USD 2.37  0.00  0.00%   
Banco Bradesco Tangible Asset Value is increasing over the years with slightly volatile fluctuation. Tangible Asset Value is expected to dwindle to about 1691.3 B. During the period from 2010 to 2023 Banco Bradesco Tangible Asset Value anual values regression line had geometric mean of 1,162,840,469,425 and significance of  0.00000001. The current year Income Tax Expense is expected to grow to about 9.2 B, whereas Consolidated Income is forecasted to decline to about 24 B.
  
Check Banco Bradesco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Banco main balance sheet or income statement drivers, such as Consolidated Income of 24 B, Earning Before Interest and Taxes EBIT of 30.3 B or Gross Profit of 86.2 B, as well as many exotic indicators such as Asset Turnover of 0.0488, Book Value per Share of 16.23 or Debt to Equity Ratio of 9.13. Banco financial statements analysis is a perfect complement when working with Banco Bradesco Valuation or Volatility modules. It can also supplement Banco Bradesco's financial leverage analysis and stock options assessment as well as various Banco Bradesco Technical models . Check out the analysis of Banco Bradesco Correlation against competitors. For information on how to trade Banco Stock refer to our How to Trade Banco Stock guide.

Banco Tangible Asset Value Breakdown

Showing smoothed Tangible Asset Value of Banco Bradesco SA with missing and latest data points interpolated. The value of tangibles assets calculated as the difference between Total Assets and Goodwill and Intangible Assets.Banco Bradesco's Tangible Asset Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Banco Bradesco's overall financial position and show how it may be relating to other accounts over time.
Tangible Asset Value10 Years Trend
Up
Slightly volatile
Compare to OthersAll Fundamentals
   Tangible Asset Value   
       Timeline  

Banco Tangible Asset Value Regression Statistics

Arithmetic Mean1,216,959,157,182
Geometric Mean1,162,840,469,425
Coefficient Of Variation31.30
Mean Deviation314,743,268,351
Median1,208,174,133,000
Standard Deviation380,964,915,989
Range1,117,837,612,900
R-Value0.97
R-Squared0.94
Significance0.00000001
Slope88,292,840,038

Banco Tangible Asset Value History

20231691.3 B
20221909.8 B
20211660.7 B
20201590 B
20191363.8 B
20181289.4 B
20171208.2 B
20161176.2 B
20151019.3 B
2014922.9 B
2013830.1 B

About Banco Bradesco Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Banco Bradesco income statement, its balance sheet, and the statement of cash flows. Banco Bradesco investors use historical funamental indicators, such as Banco Bradesco's Tangible Asset Value, to determine how well the company is positioned to perform in the future. Although Banco Bradesco investors may use each financial statement separately, they are all related. The changes in Banco Bradesco's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Banco Bradesco's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Banco Bradesco Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Banco Bradesco. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Tangible Asset Value1909.8 B1691.3 B
Average Assets1886.1 B1658.4 B
Enterprise Value31.7 B36.7 B

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Our tools can tell you how much better you can do entering a position in Banco Bradesco without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Banco Bradesco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Bradesco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Bradesco will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Banco Bradesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Bradesco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Bradesco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Bradesco SA to buy it.
The correlation of Banco Bradesco is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Bradesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Bradesco SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Bradesco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Banco Bradesco Correlation against competitors. For information on how to trade Banco Stock refer to our How to Trade Banco Stock guide. Note that the Banco Bradesco SA information on this page should be used as a complementary analysis to other Banco Bradesco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Banco Bradesco SA price analysis, check to measure Banco Bradesco'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 Banco Bradesco is operating at the current time. Most of Banco Bradesco's value examination focuses on studying past and present price action to predict the probability of Banco Bradesco's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Banco Bradesco's price. Additionally, you may evaluate how the addition of Banco Bradesco to your portfolios can decrease your overall portfolio volatility.
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Is Banco Bradesco'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 Banco Bradesco. If investors know Banco 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 Banco Bradesco 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
(0.87) 
Dividend Share
0.622
Earnings Share
0.35
Revenue Per Share
8.048
Quarterly Revenue Growth
(0.37) 
The market value of Banco Bradesco SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco'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 Banco Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Banco Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine Banco Bradesco value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco'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.
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