Braskem SA (Brazil) Price on December 6, 2023
| BRKM5 Preferred Stock | BRL 19.81 0.62 3.23% |
If you're considering investing in Braskem Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Braskem SA stands at 19.81, as last reported on the 21st of May, with the highest price reaching 20.55 and the lowest price hitting 19.67 during the day. We consider Braskem SA not too volatile. Braskem SA secures Sharpe Ratio (or Efficiency) of 0.0138, which signifies that the company had a 0.0138% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Braskem SA, which you can use to evaluate the volatility of the firm. Please confirm Braskem SA's risk adjusted performance of 0.0456, and Mean Deviation of 2.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.0503%.
Braskem Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Braskem |
Sharpe Ratio = 0.0138
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| Negative Returns | BRKM5 |
Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Braskem SA is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Braskem SA by adding it to a well-diversified portfolio.
Braskem SA Valuation on December 6, 2023
It is possible to determine the worth of Braskem SA on a given historical date. On December 6, 2023 Braskem was worth 17.49 at the beginning of the trading date compared to the closed value of 17.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Braskem SA preferred stock. Still, in general, we apply an absolute valuation method to find Braskem SA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Braskem SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Braskem SA's related companies.
| Open | High | Low | Close | Volume | |
| 17.83 | 18.35 | 17.35 | 17.44 | 7,183,100 | |
12/06/2023 | 17.49 | 17.85 | 17.32 | 17.41 | 6,260,000 |
| 17.41 | 17.70 | 17.13 | 17.68 | 5,065,400 |
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Braskem SA Trading Date Momentum on December 6, 2023
| On December 07 2023 Braskem SA was traded for 17.68 at the closing time. The highest price during the trading period was 17.70 and the lowest recorded bid was listed for 17.13 . The volume for the day was 5.1 M. This history from December 7, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.55% . The overall trading delta to the current price is 0.46% . |
Braskem SA Fundamentals Correlations and Trends
By evaluating Braskem SA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Braskem SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Braskem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Braskem SA Preferred Stock history
Braskem SA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Braskem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Braskem SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Braskem SA stock prices may prove useful in developing a viable investing in Braskem SA
Braskem S.A., together with its subsidiaries, produces and sells thermoplastic resins. Braskem S.A. was founded in 1972 and is based in Camacari, Brazil. BRASKEM PNA is traded on Sao Paolo Stock Exchange in Brazil.
Braskem SA Preferred Stock Technical Analysis
Braskem SA technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Braskem SA Period Price Range
Low | December 6, 2023
| High |
17.49 | 17.41 |
Braskem SA May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Braskem SA preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Braskem SA shares will generate the highest return on investment. By undertsting and applying Braskem SA preferred stock market strength indicators, traders can identify Braskem SA entry and exit signals to maximize returns
| Accumulation Distribution | 185871.0 | |||
| Daily Balance Of Power | (0.15) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.59 | |||
| Day Typical Price | 17.53 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | 2.4 |
Braskem SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Braskem SA's price direction in advance. Along with the technical and fundamental analysis of Braskem Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Braskem to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0456 | |||
| Jensen Alpha | 0.2833 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0489 | |||
| Treynor Ratio | (0.33) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Braskem SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Braskem SA information on this page should be used as a complementary analysis to other Braskem SA'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Braskem Preferred Stock analysis
When running Braskem SA's price analysis, check to measure Braskem SA'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 Braskem SA is operating at the current time. Most of Braskem SA's value examination focuses on studying past and present price action to predict the probability of Braskem SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Braskem SA's price. Additionally, you may evaluate how the addition of Braskem SA to your portfolios can decrease your overall portfolio volatility.
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