Petroleo Stock Buy Hold or Sell Recommendation

PBR Stock  USD 11.29  0.64  5.36%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Petroleo Brasileiro Petrobras is 'Strong Buy'. 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.
  
The advice is provided from Petroleo Brasileiro's buy-and-hold perspective. Please check 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. We conduct extensive research on individual companies such as Petroleo and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Petroleo Brasileiro Petrobras.

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

Execute Advice
Sell Petroleo BrasileiroBuy Petroleo Brasileiro
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Petroleo Brasileiro Petrobras has a Risk Adjusted Performance of 0.0828, Jensen Alpha of 0.1501, Total Risk Alpha of (0.57), Sortino Ratio of 0.0095 and Treynor Ratio of 0.5128
Our trade recommendations tool can cross-verify current analyst consensus on Petroleo Brasileiro and to analyze the firm potential to grow in the current economic cycle. To make sure Petroleo Brasileiro is not overpriced, please check all Petroleo Brasileiro fundamentals, including its net income, price to earnings to growth, annual yield, as well as the relationship between the current ratio and total asset . Given that Petroleo Brasileiro has a price to book of 0.87 X, we recommend you to check out Petroleo Brasileiro market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

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 stock 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 Return0.28Value At Risk-2.92
Potential Upside4.33Standard Deviation3.20
   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 originate 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.
Security TypeSharesValue
Zweigdimenna Associates LlcCommon Shares281 K3.5 M
Zweigdimenna Associates LlcCommon Shares505 K7.5 M
Zweigdimenna Associates LlcCommon SharesM10.5 M
Zweigdimenna Associates LlcCommon Shares1.2 M11.1 M
Zweigdimenna Associates LlcCommon Shares1.2 M8.5 M
Zweigdimenna Associates LlcCommon Shares1.2 M6.9 M
Zweigdimenna Associates LlcCommon Shares817.2 K3.5 M
Note, although Petroleo Brasileiro's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Petroleo Brasileiro Cash Flow Accounts

201820192020202120222023 (projected)
Capital Expenditure(14.09 B)(13.55 B)(11.9 B)(15.54 B)(17.87 B)(19.28 B)
Depreciation Amortization and Accretion13.96 B13.17 B11.91 B14.84 B17.06 B16.56 B
Net Cash Flow or Change in Cash and Cash Equivalents(3.85 B)1.31 B(8.62 B)(6.52 B)(5.87 B)(6.02 B)
Net Cash Flow Business Acquisitions and Disposals2.21 B3.09 B5.79 B10.41 B11.97 B12.92 B
Issuance Repayment of Debt Securities(11.76 B)(13.04 B)(29.01 B)(29.52 B)(26.57 B)(27.26 B)
Net Cash Flow from Financing(19.11 B)(13.67 B)(29.85 B)(32.07 B)(28.86 B)(31.14 B)
Net Cash Flow from Investing(11.3 B)(12 B)(4.5 B)(1.68 B)(1.94 B)(2.09 B)
Net Cash Flow Investment Acquisitions and Disposals577 M(2.27 B)1.65 B1.63 B1.46 B1.59 B
Net Cash Flow from Operations26.11 B27.11 B26.35 B25.6 B23.04 B23.17 B
Effect of Exchange Rate Changes on Cash450 M(125 M)(619 M)1.63 B1.88 B2.02 B

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
0.15
β
Beta against NYSE Composite0.52
σ
Overall volatility
3.51
Ir
Information ratio 0.0132

Petroleo Brasileiro Volatility Alert

Petroleo Brasileiro Petrobras shows above-average downside volatility for the selected time horizon. We advise investors to inspect Petroleo Brasileiro Petrobras further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Petroleo Brasileiro future alpha. 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 stocks 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
FundamentalsPetroleo BrasileiroPeer Average
Return On Equity0.47 %(0.31) %
Return On Asset0.19 %(0.14) %
Profit Margin0.29 %(1.27) %
Operating Margin0.48 %(5.51) %
Current Valuation104.35 B16.62 B
Shares Outstanding6.52 B571.82 M
Shares Owned by Institutions23.74 %39.21 %
Number of Shares Shorted40.95 M4.71 M
Price to Earning55.70 X28.72 X
Price to Book0.87 X9.51 X
Price to Sales0.10 X11.42 X
Revenue83.97 B9.43 B
Gross Profit219.64 B27.38 B
EBITDA44.79 B3.9 B
Net Income19.99 B570.98 M
Cash and Equivalents56.74 B2.7 B
Cash per Share15.37 X5.01 X
Total Debt277.19 B5.32 B
Debt to Equity0.68 %48.70 %
Current Ratio1.31 X2.16 X
Book Value Per Share57.11 X1.93 K
Cash Flow from Operations37.79 B971.22 M
Short Ratio1.32 X4.00 X
Earnings Per Share5.24 X3.12 X
Price to Earnings To Growth1.45 X4.89 X
Target Price14.29
Number of Employees45.53 K18.84 K
Beta1.01-0.15
Market Capitalization75.1 B19.03 B
Total Asset174.35 B29.47 B
Retained Earnings67.83 B9.33 B
Working Capital14.86 B1.48 B
Current Asset43.43 B9.34 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.

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.
 2018 2019 2022 2023 (projected)
Current Assets35.12 B25.25 B22.72 B27.43 B
Total Assets222.07 B229.74 B206.77 B208.84 B

Use Investing Ideas to Build Portfolios

In addition to having Petroleo Brasileiro in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Chemicals Makers
Chemicals Makers Theme
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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Please check 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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
0.48
Market Capitalization
75.1 B
Quarterly Revenue Growth
0.421
Return On Assets
0.1851
Return On Equity
0.4727
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 Petroleo Brasileiro value 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.