Petroleo Brasileiro Stock Forecast - Day Typical Price
| PBR Stock | USD 16.80 0.16 0.94% |
Petroleo Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Petroleo Brasileiro stock prices and determine the direction of Petroleo Brasileiro Petrobras's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Petroleo Brasileiro's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Petroleo 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 Petroleo Brasileiro's systematic risk associated with finding meaningful patterns of Petroleo Brasileiro fundamentals over time.
Check out Historical Fundamental Analysis of Petroleo Brasileiro to cross-verify your projections. Petroleo |
Open Interest Against 2024-04-26 Petroleo Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Petroleo 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 Petroleo Brasileiro's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Petroleo Brasileiro stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Petroleo Brasileiro's open interest, investors have to compare it to Petroleo 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 Petroleo 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 Petroleo. 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 Petroleo 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 Petroleo Brasileiro's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Petroleo Brasileiro's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 16.9 | 16.85 |
| Check Petroleo Brasileiro Volatility | Backtest Petroleo Brasileiro | Information Ratio |
Petroleo Brasileiro Trading Date Momentum
| On April 24 2024 Petroleo Brasileiro Petrobras was traded for 16.80 at the closing time. Highest Petroleo Brasileiro's price during the trading hours was 17.05 and the lowest price during the day was 16.70 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of April did not cause price change. The trading delta at closing time to current price is 0.95% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Petroleo Brasileiro to competition |
Other Forecasting Options for Petroleo Brasileiro
For every potential investor in Petroleo, whether a beginner or expert, Petroleo Brasileiro's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Petroleo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Petroleo. Basic forecasting techniques help filter out the noise by identifying Petroleo Brasileiro's price trends.Petroleo 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 Petroleo Brasileiro stock to make a market-neutral strategy. Peer analysis of Petroleo Brasileiro could also be used in its relative valuation, which is a method of valuing Petroleo Brasileiro by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Petroleo 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 Petroleo 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 Petroleo Brasileiro's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Petroleo Brasileiro Market Strength Events
Market strength indicators help investors to evaluate how Petroleo 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 Petroleo Brasileiro shares will generate the highest return on investment. By undertsting and applying Petroleo Brasileiro stock market strength indicators, traders can identify Petroleo Brasileiro Petrobras entry and exit signals to maximize returns.
Petroleo Brasileiro Risk Indicators
The analysis of Petroleo 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 Petroleo Brasileiro's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting petroleo 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 | 1.47 | |||
| Semi Deviation | 2.35 | |||
| Standard Deviation | 2.29 | |||
| Variance | 5.25 | |||
| Downside Variance | 6.62 | |||
| Semi Variance | 5.53 | |||
| Expected Short fall | (1.61) |
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.
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Check out Historical Fundamental Analysis of Petroleo Brasileiro to cross-verify your projections. Note that the Petroleo Brasileiro information on this page should be used as a complementary analysis to other Petroleo Brasileiro'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 the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Petroleo Stock analysis
When running Petroleo Brasileiro's price analysis, check to measure Petroleo 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 Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo 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 Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
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Is Petroleo Brasileiro'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 Petroleo Brasileiro. If investors know Petroleo 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 Petroleo Brasileiro 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 (0.28) | Dividend Share 6.268 | Earnings Share 3.56 | Revenue Per Share 78.634 | Quarterly Revenue Growth (0.15) |
The market value of Petroleo Brasileiro is measured differently than its book value, which is the value of Petroleo that is recorded on the company's balance sheet. Investors also form their own opinion of Petroleo Brasileiro's value that differs from its market value or its book value, called intrinsic value, which is Petroleo Brasileiro'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 Petroleo Brasileiro's market value can be influenced by many factors that don't directly affect Petroleo Brasileiro'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 Petroleo Brasileiro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petroleo Brasileiro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petroleo Brasileiro'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.