Petroleo Brasileiro Petrobras Stock Market Value
| PBR Stock | USD 15.58 0.11 0.70% |
| Symbol | Petroleo |
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 6.268 | Earnings Share 3.62 | 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.
| 04/29/2022 |
| 04/18/2024 |
If you would invest 0.00 in Petroleo Brasileiro on April 29, 2022 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 720 days. Petroleo Brasileiro is related to or competes with Ecopetrol, Equinor ASA, Eni SPA, Cenovus Energy, Petrleo Brasileiro, YPF Sociedad, and Transportadora. 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.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 16.41 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.75 |
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.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.05) |
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.
Petroleo Brasileiro Backtested Returns
We consider Petroleo Brasileiro not too volatile. Petroleo Brasileiro maintains Sharpe Ratio (i.e., Efficiency) of 0.0053, which implies the firm had a 0.0053% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Petroleo Brasileiro, which you can use to evaluate the volatility of the company. Please check Petroleo Brasileiro's Risk Adjusted Performance of (0), variance of 4.69, and Coefficient Of Variation of (5,768) to confirm if the risk estimate we provide is consistent with the expected return of 0.0116%. The company holds a Beta of 1.03, which implies a somewhat significant risk relative to the market. Petroleo Brasileiro returns are very sensitive to returns on the market. As the market goes up or down, Petroleo Brasileiro is expected to follow. Petroleo Brasileiro right now holds a risk of 2.2%. Please 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 will be following its historical price patterns.
Auto-correlation | 0.38 |
Below average predictability
Petroleo Brasileiro Petrobras has below average predictability. Overlapping area represents the amount of predictability between Petroleo Brasileiro time series from 29th of April 2022 to 24th of April 2023 and 24th of April 2023 to 18th of April 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 0.38 indicates that just about 38.0% of current Petroleo Brasileiro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 4.4 |
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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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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.
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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.