BRADESCO (Brazil) Buy Hold or Sell Recommendation

BBDC4 -  Brazil Stock  

BRL 18.56  0.64  3.57%

Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding BRADESCO PN EJ is 'Strong Buy'. Macroaxis provides BRADESCO buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BRADESCO positions. The advice algorithm takes into account all of BRADESCO's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from BRADESCO's buy-and-hold perspective. Continue to BRADESCO Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as BRADESCO and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards BRADESCO PN EJ.

Execute BRADESCO Buy or Sell Advice

The BRADESCO recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BRADESCO PN EJ. Macroaxis does not own or have any residual interests in BRADESCO PN EJ or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BRADESCO's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell BRADESCOBuy BRADESCO
Strong Buy

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Close to AverageDetails

Economic Sensitivity

Moves indifferently to market movesDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon BRADESCO PN EJ has a Risk Adjusted Performance of (0.13), Jensen Alpha of (0.14), Total Risk Alpha of 0.0123 and Treynor Ratio of 81.23
Our trade recommendation tool can cross-verify current analyst consensus on BRADESCO PN EJ and to analyze the company potential to grow in the future. To make sure BRADESCO PN EJ is not overpriced, please confirm all BRADESCO PN EJ fundamentals, including its operating margin, shares outstanding, and the relationship between the profit margin and current valuation .

BRADESCO Trading Alerts and Improvement Suggestions

BRADESCO PN EJ generated a negative expected return over the last 90 days
BRADESCO PN EJ has accumulated about 152.86 B in cash with (168.08 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.34.

BRADESCO current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. BRADESCO analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. BRADESCO analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price25.32
Target Median Price25.00
Target High Price31.00
Recommendation Mean2.10
Number Of Analyst Opinions15
Target Low Price21.82
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

BRADESCO Returns Distribution Density

The distribution of BRADESCO's historical returns is an attempt to chart the future uncertainty of BRADESCO's future price movements. The chart of the probability distribution of BRADESCO stock daily returns describes the distribution of returns around its average expected value. We use BRADESCO PN EJ price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BRADESCO returns is essential to provide solid investment advice for BRADESCO stock.
Mean Return-0.13Value At Risk-2.64
Potential Upside2.02Standard Deviation1.42
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BRADESCO historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

BRADESCO Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BRADESCO or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BRADESCO stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BRADESCO stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.14
β
Beta against DOW-0.0017
σ
Overall volatility
1.44
Ir
Information ratio 0.0092

BRADESCO Volatility Alert

BRADESCO PN EJ exhibits very low volatility with skewness of -0.32 and kurtosis of 0.08. However, we advise investors to further study BRADESCO PN EJ technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BRADESCO's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact BRADESCO's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

BRADESCO Implied Volatility

BRADESCO's implied volatility exposes the market's sentiment of BRADESCO PN EJ stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BRADESCO's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BRADESCO stock will not fluctuate a lot when BRADESCO's options are near their expiration.

BRADESCO Fundamentals Vs Peers

Comparing BRADESCO's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze BRADESCO's direct or indirect competition across all of the common fundamentals between BRADESCO and the related equities. This way, we can detect undervalued stocks with similar characteristics as BRADESCO or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of BRADESCO's fundamental indicators could also be used in its relative valuation, which is a method of valuing BRADESCO by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare BRADESCO to competition
FundamentalsBRADESCOPeer Average
Return On Equity15.78 %(0.31) %
Return On Asset1.42 %(0.14) %
Profit Margin24.96 %(1.27) %
Operating Margin36.60 %(5.51) %
Current Valuation565.28 B16.62 B
Shares Outstanding4.84 B571.82 M
Shares Owned by Insiders2.28 %10.09 %
Shares Owned by Institutions27.47 %39.21 %
Price to Earning8.12 X28.72 X
Price to Book1.29 X9.51 X
Price to Sales1.89 X11.42 X
Revenue92.84 B9.43 B
Gross Profit91.54 B27.38 B
Net Income23.17 B570.98 M
Cash and Equivalents152.86 B2.7 B
Cash per Share14.34 X5.01 X
Total Debt526.05 B5.32 B
Book Value Per Share15.23 X1.93 K
Cash Flow from Operations(168.08 B)971.22 M
Earnings Per Share2.42 X3.12 X
Price to Earnings To Growth0.63 X4.89 X
Number of Employees85.26 K18.84 K
Beta1.09-0.15
Market Capitalization175.4 B19.03 B
Total Asset1185.86 B29.47 B
Retained Earnings48.65 B9.33 B
Working Capital(451.97 B)1.48 B
Current Asset404.51 B9.34 B
Current Liabilities856.48 B7.9 B
Five Year Return2.87 %
Last Dividend Paid0.22

About BRADESCO Buy or Sell Advice

When is the right time to buy or sell BRADESCO PN EJ? Buying financial instruments such as BRADESCO Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although BRADESCO investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having BRADESCO in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Impulse Thematic Idea Now

Impulse
Impulse Theme
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 41 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Impulse Theme or any other thematic opportunities.
View All  Next Launch Impulse
Continue to BRADESCO Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the BRADESCO PN EJ information on this page should be used as a complementary analysis to other BRADESCO'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.

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When running BRADESCO PN EJ price analysis, check to measure BRADESCO'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 BRADESCO is operating at the current time. Most of BRADESCO's value examination focuses on studying past and present price action to predict the probability of BRADESCO's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BRADESCO's price. Additionally, you may evaluate how the addition of BRADESCO to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BRADESCO's value and its price as these two are different measures arrived at by different means. Investors typically determine BRADESCO value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRADESCO'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.