Petroleo Brasileiro Petrobras Stock Price on December 21, 2022
| PBR Stock | USD 16.47 0.89 5.71% |
Below is the normalized historical share price chart for Petroleo Brasileiro Petrobras extending back to August 10, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Petroleo Brasileiro stands at 16.47, as last reported on the 19th of April, with the highest price reaching 16.52 and the lowest price hitting 15.65 during the day.
If you're considering investing in Petroleo Stock, it is important to understand the factors that can impact its price. We consider Petroleo Brasileiro not too volatile. Petroleo Brasileiro maintains Sharpe Ratio (i.e., Efficiency) of 0.0463, which implies the firm had a 0.0463% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Petroleo Brasileiro, which you can use to evaluate the volatility of the company. Please check Petroleo Brasileiro's Coefficient Of Variation of (8,969), risk adjusted performance of 2.0E-4, and Variance of 4.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Petroleo Brasileiro's Total Stockholder Equity is relatively stable compared to the past year. As of 04/19/2024, Common Stock Shares Outstanding is likely to grow to about 10.4 B, while Other Stockholder Equity is likely to drop 0.95. . At this time, Petroleo Brasileiro's Price Fair Value is relatively stable compared to the past year. Petroleo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of August 2000 | 200 Day MA 15.2862 | 50 Day MA 16.054 | Beta 1.005 |
Petroleo |
Sharpe Ratio = 0.0463
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | PBR | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Petroleo Brasileiro is performing at about 3% 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 Petroleo Brasileiro by adding it to a well-diversified portfolio.
Price Book 1.3503 | Enterprise Value Ebitda 0.5564 | Price Sales 0.1995 | Shares Float 8 B | Dividend Share 6.268 |
Petroleo Brasileiro Valuation on December 21, 2022
It is possible to determine the worth of Petroleo Brasileiro on a given historical date. On December 21, 2022 Petroleo was worth 10.13 at the beginning of the trading date compared to the closed value of 8.16. 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 Petroleo Brasileiro 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 | |
| 9.74 | 10.16 | 7.91 | 7.91 | 30,559,270 | |
12/21/2022 | 10.13 | 10.30 | 8.16 | 8.16 | 22,213,850 |
| 10.50 | 10.68 | 8.31 | 8.31 | 26,426,320 |
| Backtest Petroleo Brasileiro | | | Petroleo Brasileiro History | | | Petroleo Brasileiro Valuation | Previous | Next |
Petroleo Brasileiro Trading Date Momentum on December 21, 2022
| On December 22 2022 Petroleo Brasileiro Petrobras was traded for 8.31 at the closing time. Highest Petroleo Brasileiro's price during the trading hours was 10.68 and the lowest price during the day was 8.31 . The net volume was 26.4 M. The overall trading history on the 22nd of December contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 1.84% . The trading delta at closing time to current price is 19.73% . |
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 stock prices may prove useful in developing a viable investing in Petroleo Brasileiro
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.5 B | 10.4 B | |
| Net Income Applicable To Common Shares | 216.6 B | 227.4 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.
Price Boundaries
Petroleo Brasileiro Period Price Range
Low | December 21, 2022
| High |
10.13 | 8.16 |
Petroleo Brasileiro April 19, 2024 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
| Accumulation Distribution | 4.6 M | |||
| Daily Balance Of Power | (0.92) | |||
| Rate Of Daily Change | 0.81 | |||
| Day Median Price | 9.23 | |||
| Day Typical Price | 8.87 | |||
| Price Action Indicator | (2.06) | |||
| Period Momentum Indicator | 8.31 |
Petroleo Brasileiro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petroleo Brasileiro's price 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 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 | 2.0E-4 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petroleo Brasileiro Petrobras. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Petroleo Stock analysis
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.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
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 3.57 | 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.