Petroleo Stock Price on May 6, 2021

PBR Stock  USD 9.77  0.22  2.20%   
As of today, the current price of Petroleo Brasileiro is  9.77 , as last reported on the 21st of March, with the highest price reaching  10.01  and the lowest price hitting  9.76  during the day.
Petroleo Brasileiro maintains Sharpe Ratio (i.e., Efficiency) of -0.0176, which implies the firm had -0.0176% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Petroleo Brasileiro exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Petroleo Brasileiro risk adjusted performance of 0.0037, and Coefficient Of Variation of (29,867) to confirm the risk estimate we provide.
  
As of 03/21/2023, Net Income Common Stock is likely to grow to about 24.7 B. As of 03/21/2023, Price to Book Value is likely to grow to 1.28. Also, Price to Earnings Ratio is likely to grow to 4.48. Petroleo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Updates

Shares Float
4.1 B
Net Income Applicable To Common Shares
188.3 B
Shares Outstanding
6.5 B
Shares Short Prior Month
31.3 M
Dividend Share
11.156

Petroleo Brasileiro Main Headline on 6th of May 2021

Petroleo Brasileiro dividend paid on 6th of May 2021

Petroleo Brasileiro Valuation on May 6, 2021

It is possible to determine the worth of Petroleo Brasileiro on a given historical date. On May 6, 2021 Petroleo was worth 8.73 at the beginning of the trading date compared to the closed value of 4.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petroleo Brasileiro stock. Still, in general, we apply an absolute valuation method to find Petroleo Brasileiro'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petroleo Brasileiro's related companies.
 Open High Low Close Volume
  8.48    8.73    8.42    4.50    28,189,676  
05/06/2021
  8.73    8.78    8.66    4.54    33,589,793  
  8.79    9.10    8.74    4.70    31,156,260  
Backtest Petroleo Brasileiro  |  Petroleo Brasileiro History  |  Petroleo Brasileiro Valuation   PreviousNext  
Open Value 8.73
4.54
Closing Value
17.11
Upside

Petroleo Brasileiro Trading Date Momentum on May 6, 2021

On May 07 2021 Petroleo Brasileiro Petrobras was traded for  4.70  at the closing time. Highest Petroleo Brasileiro's price during the trading hours was 9.10  and the lowest price during the day was  8.74 . The net volume was 31.2 M. The overall trading history on the 7th of May contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 3.52% . The trading delta at closing time to current price is 112.33% .

Petroleo Brasileiro Fundamentals Correlations and Trends

By evaluating Petroleo Brasileiro'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 Petroleo Brasileiro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Petroleo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Petroleo Brasileiro Stock history

Petroleo Brasileiro 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 Petroleo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petroleo Brasileiro 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 Petroleo Brasileiro historical stock prices may prove useful in developing a viable investing in Petroleo Brasileiro
Last ReportedProjected for 2023
Weighted Average Shares11.7 B11.7 B

Petroleo Brasileiro Stock Technical Analysis

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...

Price Boundaries

Petroleo Brasileiro Period Price Range

Low
May 6, 2021
High

 8.73 

  

 4.54 

-4.19-48%

Petroleo Brasileiro March 21, 2023 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Petroleo stock's direction in advance. Along with the technical and fundamental analysis of Petroleo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petroleo 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 stock 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.
Please check Your Equity Center. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Petroleo Stock analysis

When running Petroleo Brasileiro 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 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.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Global Correlations
Find global opportunities by holding instruments from different markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
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
0.376
Dividend Share
11.156
Earnings Share
5.62
Revenue Per Share
98.32
Quarterly Revenue Growth
0.24
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.