BRASIL ON Stock Forecast - Accumulation Distribution

BBAS3 -  Brazil Stock  

BRL 32.86  0.40  1.23%

BRASIL Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BRASIL ON historical stock prices and determine the direction of BRASIL ON NM's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of BRASIL ON historical fundamentals such as revenue growth or operating cash flow patterns.
Continue to Historical Fundamental Analysis of BRASIL ON to cross-verify your projections.
  
Refresh
BRASIL ON NM has current Accumulation Distribution of 0.
Most investors in BRASIL ON cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the BRASIL ON's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BRASIL ON's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which BRASIL ON is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of BRASIL ON NM to determine if accumulation or reduction is taking place in the market. This value is adjusted by BRASIL ON trading volume to give more weight to distributions with higher volume over lower volume.
  Previous Accumulation DistributionAccumulation DistributionTrend
242366.00
Check BRASIL ON VolatilityBacktest BRASIL ONInformation Ratio  

BRASIL ON Trading Date Momentum

On June 24 2022 BRASIL ON NM was traded for  32.46  at the closing time. The highest price during the trading period was 32.98  and the lowest recorded bid was listed for  32.10 . The volume for the day was 9.1 M. This history from June 24, 2022 did not affect price variability. The overall trading delta to the current price is 1.26% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare BRASIL ON to competition

Other Forecasting Options for BRASIL ON

For every potential investor in BRASIL, whether a beginner or expert, BRASIL ON's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BRASIL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BRASIL. Basic forecasting techniques help filter out the noise by identifying BRASIL ON's price trends.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BRASIL ON stock to make a market-neutral strategy. Peer analysis of BRASIL ON could also be used in its relative valuation, which is a method of valuing BRASIL ON by comparing valuation metrics with similar companies.

BRASIL ON NM Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BRASIL ON's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of BRASIL ON's current price.

BRASIL ON Risk Indicators

The analysis of BRASIL ON's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in BRASIL ON's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting BRASIL ON stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

BRASIL ON Investors Sentiment

The influence of BRASIL ON's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BRASIL. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BRASIL ON in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BRASIL ON's short interest history, or implied volatility extrapolated from BRASIL ON options trading.

Current Sentiment - BBAS3

BRASIL ON NM Investor Sentiment

Most of Macroaxis users are currently bullish on BRASIL ON NM. What is your opinion about investing in BRASIL ON NM? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with BRASIL ON

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BRASIL ON position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BRASIL ON will appreciate offsetting losses from the drop in the long position's value.

BRASIL ON Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to BRASIL ON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BRASIL ON when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BRASIL ON - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BRASIL ON NM to buy it.
The correlation of BRASIL ON is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BRASIL ON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BRASIL ON NM moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BRASIL ON can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of BRASIL ON to cross-verify your projections. Note that the BRASIL ON NM information on this page should be used as a complementary analysis to other BRASIL ON'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for BRASIL Stock analysis

When running BRASIL ON NM price analysis, check to measure BRASIL ON'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 BRASIL ON is operating at the current time. Most of BRASIL ON's value examination focuses on studying past and present price action to predict the probability of BRASIL ON's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BRASIL ON's price. Additionally, you may evaluate how the addition of BRASIL ON to your portfolios can decrease your overall portfolio volatility.
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
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Please note, there is a significant difference between BRASIL ON's value and its price as these two are different measures arrived at by different means. Investors typically determine BRASIL ON value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRASIL ON'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.