Petroleo Brasileiro Petrobras Stock Buy Hold or Sell Recommendation
| PBR Stock | USD 16.81 0.15 0.88% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Petroleo Brasileiro Petrobras is 'Cautious Hold'. Macroaxis provides Petroleo Brasileiro buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PBR positions. The advice algorithm takes into account all of Petroleo Brasileiro's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Petroleo Brasileiro's buy or sell advice are summarized below:
Real Value 16.51 | Target Price 16.47 | Hype Value 16.97 | Market Value 16.81 | Naive Value 16.27 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Petroleo Brasileiro Petrobras given historical horizon and risk tolerance towards Petroleo Brasileiro. When Macroaxis issues a 'buy' or 'sell' recommendation for Petroleo Brasileiro Petrobras, the advice is generated through an automated system that utilizes algorithms and statistical models.
Petroleo |
Execute Petroleo Brasileiro Buy or Sell Advice
The Petroleo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Petroleo Brasileiro Petrobras. Macroaxis does not own or have any residual interests in Petroleo Brasileiro Petrobras or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Petroleo Brasileiro's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Petroleo Brasileiro Trading Alerts and Improvement Suggestions
| On 27th of February 2024 Petroleo Brasileiro paid $ 0.4488 per share dividend to its current shareholders | |
| Latest headline from bnnbloomberg.ca: Brazils Fiscal Woes Ramp Up Pressure on Lulas Finance Chief |
Petroleo Brasileiro Returns Distribution Density
The distribution of Petroleo Brasileiro's historical returns is an attempt to chart the uncertainty of Petroleo Brasileiro's future price movements. The chart of the probability distribution of Petroleo Brasileiro daily returns describes the distribution of returns around its average expected value. We use Petroleo Brasileiro Petrobras price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Petroleo Brasileiro returns is essential to provide solid investment advice for Petroleo Brasileiro.
| Mean Return | 0.14 | Value At Risk | -2.01 | Potential Upside | 2.85 | Standard Deviation | 2.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Petroleo Brasileiro historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Petroleo Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Petroleo Brasileiro is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Petroleo Brasileiro Petrobras backward and forwards among themselves. Petroleo Brasileiro's institutional investor refers to the entity that pools money to purchase Petroleo Brasileiro's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Blackrock Inc | 2023-12-31 | 12.4 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 10 M | Bank Of America Corp | 2023-12-31 | 9.1 M | Mondrian Investment Partners Ltd | 2023-12-31 | 8.2 M | Itau Unibanco Holding Sa | 2023-12-31 | 8.1 M | Thornburg Investment Management Inc | 2023-12-31 | 7.6 M | Spx Equities Gestao De Recursos Ltda | 2023-12-31 | 7.6 M | Massachusetts Financial Services Company | 2023-12-31 | 7.4 M | Rwc Asset Advisors (us) Llc | 2023-12-31 | 6.8 M | Gqg Partners Llc | 2023-12-31 | 213.2 M | Goldman Sachs Group Inc | 2023-12-31 | 47.6 M |
Petroleo Brasileiro Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (281M) | 724M | (2.3B) | (1.2B) | 1.6B | 1.7B | |
| Change In Cash | (6.5B) | 4.3B | (1.2B) | (2.5B) | (570.3M) | (541.7M) | |
| Free Cash Flow | 1.7B | 23.0B | 31.5B | 40.1B | 29.2B | 30.7B | |
| Depreciation | 14.8B | 11.4B | 11.7B | 13.2B | 12.3B | 9.7B | |
| Other Non Cash Items | 18.9B | 30.4B | 15.3B | (7.9B) | 30.7B | 15.8B | |
| Dividends Paid | 1.9B | 1.4B | 13.1B | 37.7B | 19.6B | 20.6B | |
| Capital Expenditures | 23.9B | 5.9B | 6.3B | 9.6B | 12.1B | 19.8B | |
| Net Income | 10.4B | 948M | 20.0B | 36.8B | 24.9B | 26.2B | |
| End Period Cash Flow | 7.4B | 11.7B | 10.5B | 8.0B | 5.0B | 4.7B | |
| Change To Netincome | 34.5B | 52.6B | 8.4B | 101.6B | 116.8B | 122.6B | |
| Investments | (1.7B) | (5.0B) | (20M) | (432M) | (7.1B) | (6.7B) | |
| Net Borrowings | (98.6B) | (78.8B) | (25.4B) | (60.2B) | (54.2B) | (51.5B) |
Petroleo Brasileiro Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Petroleo Brasileiro or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Petroleo Brasileiro's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Petroleo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 1.13 | |
σ | Overall volatility | 2.25 | |
Ir | Information ratio | 0.02 |
Petroleo Brasileiro Volatility Alert
Petroleo Brasileiro Petrobras currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Petroleo Brasileiro's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Petroleo Brasileiro's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Petroleo Brasileiro Implied Volatility
Petroleo Brasileiro's implied volatility exposes the market's sentiment of Petroleo Brasileiro Petrobras stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Petroleo Brasileiro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Petroleo Brasileiro stock will not fluctuate a lot when Petroleo Brasileiro's options are near their expiration.
Petroleo Brasileiro Fundamentals Vs Peers
Comparing Petroleo Brasileiro's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Petroleo Brasileiro's direct or indirect competition across all of the common fundamentals between Petroleo Brasileiro and the related equities. This way, we can detect undervalued stocks with similar characteristics as Petroleo Brasileiro or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Petroleo Brasileiro's fundamental indicators could also be used in its relative valuation, which is a method of valuing Petroleo Brasileiro by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Petroleo Brasileiro to competition |
| Fundamentals | Petroleo Brasileiro | Peer Average |
| Return On Equity | 0.34 | -0.31 |
| Return On Asset | 0.13 | -0.14 |
| Profit Margin | 0.24 % | (1.27) % |
| Operating Margin | 0.38 % | (5.51) % |
| Current Valuation | 449.16 B | 16.62 B |
| Shares Outstanding | 6.45 B | 571.82 M |
| Shares Owned By Institutions | 22.17 % | 39.21 % |
| Number Of Shares Shorted | 23.85 M | 4.71 M |
| Price To Earning | 55.70 X | 28.72 X |
| Price To Book | 1.35 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 102.5 B | 9.43 B |
| Gross Profit | 334.1 B | 27.38 B |
| EBITDA | 52.73 B | 3.9 B |
| Net Income | 24.95 B | 570.98 M |
| Cash And Equivalents | 40.6 B | 2.7 B |
| Cash Per Share | 15.37 X | 5.01 X |
| Total Debt | 62.39 B | 5.32 B |
| Debt To Equity | 0.68 % | 48.70 % |
| Current Ratio | 1.31 X | 2.16 X |
| Book Value Per Share | 29.40 X | 1.93 K |
| Cash Flow From Operations | 41.29 B | 971.22 M |
| Short Ratio | 0.78 X | 4.00 X |
| Earnings Per Share | 3.56 X | 3.12 X |
| Price To Earnings To Growth | 1.45 X | 4.89 X |
| Target Price | 17.14 | |
| Number Of Employees | 46.73 K | 18.84 K |
| Beta | 1.0 | -0.15 |
| Market Capitalization | 109.47 B | 19.03 B |
| Total Asset | 216.34 B | 29.47 B |
| Retained Earnings | 32.77 B | 9.33 B |
| Working Capital | (6.87 B) | 1.48 B |
| Current Asset | 43.43 B | 9.34 B |
Petroleo Brasileiro Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Petroleo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 327593.0 | |||
| Daily Balance Of Power | (0.54) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 16.86 | |||
| Day Typical Price | 16.84 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | (0.15) | |||
| Relative Strength Index | 67.91 |
About Petroleo Brasileiro Buy or Sell Advice
When is the right time to buy or sell Petroleo Brasileiro Petrobras? Buying financial instruments such as Petroleo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 58.7B | 53.8B | 62.4B | 69.3B | Total Assets | 174.3B | 187.2B | 216.3B | 206.8B |
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Check out Petroleo Brasileiro Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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.