Petroleo Brasileiro Petrobras Stock Market Value

PBR Stock  USD 14.93  0.19  1.29%   
Petroleo Brasileiro's market value is the price at which a share of Petroleo Brasileiro trades on a public exchange. It measures the collective expectations of Petroleo Brasileiro Petrobras investors about its performance. Petroleo Brasileiro is selling at 14.93 as of the 28th of March 2024; that is 1.29 percent up since the beginning of the trading day. The stock's lowest day price was 14.65.
With this module, you can estimate the performance of a buy and hold strategy of Petroleo Brasileiro Petrobras and determine expected loss or profit from investing in Petroleo Brasileiro over a given investment horizon. Check out Petroleo Brasileiro Correlation, Petroleo Brasileiro Volatility and Petroleo Brasileiro Alpha and Beta module to complement your research on Petroleo Brasileiro.
Symbol

Petroleo Brasileiro Price To Book Ratio

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
5.569
Earnings Share
3.82
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.

Petroleo Brasileiro '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 Petroleo Brasileiro'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 Petroleo Brasileiro.
0.00
07/02/2023
No Change 0.00  0.0 
In 8 months and 28 days
03/28/2024
0.00
If you would invest  0.00  in Petroleo Brasileiro on July 2, 2023 and sell it all today you would earn a total of 0.00 from holding Petroleo Brasileiro Petrobras or generate 0.0% return on investment in Petroleo Brasileiro over 270 days. Petroleo Brasileiro is related to or competes with Western Digital, NETGEAR, Vacasa, Chart Industries, and Amkor Technology. Petrleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally More

Petroleo Brasileiro 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 Petroleo Brasileiro'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 Petroleo Brasileiro Petrobras upside and downside potential and time the market with a certain degree of confidence.

Petroleo Brasileiro Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Petroleo Brasileiro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petroleo Brasileiro's standard deviation. In reality, there are many statistical measures that can use Petroleo Brasileiro historical prices to predict the future Petroleo Brasileiro's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Petroleo Brasileiro'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.
Hype
Prediction
LowEstimatedHigh
12.6414.9017.16
Details
Intrinsic
Valuation
LowRealHigh
12.4914.7517.01
Details
Naive
Forecast
LowNextHigh
13.4415.7017.96
Details
15 Analysts
Consensus
LowTargetHigh
14.9916.4718.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Petroleo Brasileiro. Your research has to be compared to or analyzed against Petroleo Brasileiro's peers to derive any actionable benefits. When done correctly, Petroleo Brasileiro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Petroleo Brasileiro.

Petroleo Brasileiro Backtested Returns

Petroleo Brasileiro maintains Sharpe Ratio (i.e., Efficiency) of -0.0371, which implies the firm had a -0.0371% return per unit of risk over the last 3 months. Petroleo Brasileiro exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Petroleo Brasileiro's Risk Adjusted Performance of (0), coefficient of variation of (5,876), and Variance of 4.9 to confirm the risk estimate we provide. The company holds a Beta of 1.27, which implies 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, Petroleo Brasileiro will likely underperform. Petroleo Brasileiro has an expected return of -0.0842%. Please make sure to check Petroleo Brasileiro value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Petroleo Brasileiro performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.23  

Weak predictability

Petroleo Brasileiro Petrobras has weak predictability. Overlapping area represents the amount of predictability between Petroleo Brasileiro time series from 2nd of July 2023 to 14th of November 2023 and 14th of November 2023 to 28th of March 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 Petroleo Brasileiro price movement. The serial correlation of 0.23 indicates that over 23.0% of current Petroleo Brasileiro price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test0.23
Residual Average0.0
Price Variance0.97

Petroleo Brasileiro lagged returns against current returns

Autocorrelation, which is Petroleo Brasileiro 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 Petroleo Brasileiro's stock expected returns. We can calculate the autocorrelation of Petroleo Brasileiro returns to help us make a trade decision. For example, suppose you find that Petroleo Brasileiro 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  

Petroleo Brasileiro 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 Petroleo Brasileiro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Petroleo Brasileiro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Petroleo Brasileiro stock over time.
   Current vs Lagged Prices   
       Timeline  

Petroleo Brasileiro Lagged Returns

When evaluating Petroleo Brasileiro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Petroleo Brasileiro stock have on its future price. Petroleo Brasileiro 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, Petroleo Brasileiro autocorrelation shows the relationship between Petroleo Brasileiro stock current value and its past values and can show if there is a momentum factor associated with investing in Petroleo Brasileiro Petrobras.
   Regressed Prices   
       Timeline  

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When determining whether Petroleo Brasileiro is a strong investment it is important to analyze Petroleo Brasileiro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Petroleo Brasileiro's future performance. For an informed investment choice regarding Petroleo Stock, refer to the following important reports:
Check out Petroleo Brasileiro Correlation, Petroleo Brasileiro Volatility and Petroleo Brasileiro Alpha and Beta module to complement your research on Petroleo Brasileiro.
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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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Petroleo Brasileiro 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.
A focus of Petroleo Brasileiro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Petroleo Brasileiro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...