Petrleo Brasileiro (Brazil) Price on December 27, 2019
PETR4 Preferred Stock | BRL 39.49 0.18 0.46% |
If you're considering investing in Petrleo Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrleo Brasileiro stands at 39.49, as last reported on the 17th of April 2024, with the highest price reaching 39.71 and the lowest price hitting 38.95 during the day. We consider Petrleo Brasileiro very steady. Petrleo Brasileiro maintains Sharpe Ratio (i.e., Efficiency) of 0.0478, which implies the firm had a 0.0478% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Petrleo Brasileiro, which you can use to evaluate the volatility of the company. Please check Petrleo Brasileiro's Coefficient Of Variation of 2569.0, risk adjusted performance of 0.0312, and Semi Deviation of 2.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.0924%.
Petrleo Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrleo |
Sharpe Ratio = 0.0478
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Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Petrleo 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 Petrleo Brasileiro by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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About Petrleo Brasileiro Preferred Stock history
Petrleo 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 Petrleo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrleo 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 Petrleo Brasileiro stock prices may prove useful in developing a viable investing in Petrleo Brasileiro
Petrleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. Petrleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil. PETROBRAS operates under Oil Gas Integrated classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 45532 people.
Petrleo Brasileiro Preferred Stock Technical Analysis
Petrleo Brasileiro 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
Petrleo Brasileiro Period Price Range
Petrleo Brasileiro April 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrleo Brasileiro 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 Petrleo Brasileiro shares will generate the highest return on investment. By undertsting and applying Petrleo Brasileiro preferred stock market strength indicators, traders can identify Petrleo Brasileiro SA entry and exit signals to maximize returns
Petrleo Brasileiro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrleo Brasileiro's price direction in advance. Along with the technical and fundamental analysis of Petrleo Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrleo 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 | 0.0312 | |||
Jensen Alpha | 0.041 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.0069 | |||
Treynor Ratio | 0.1355 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petrleo Brasileiro 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 Petrleo Brasileiro information on this page should be used as a complementary analysis to other Petrleo 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Petrleo Preferred Stock analysis
When running Petrleo Brasileiro's price analysis, check to measure Petrleo 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 Petrleo Brasileiro is operating at the current time. Most of Petrleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petrleo 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 Petrleo Brasileiro's price. Additionally, you may evaluate how the addition of Petrleo Brasileiro to your portfolios can decrease your overall portfolio volatility.
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