BRASIL ON Stock Forecast - Daily Balance Of Power

BBAS3
  

BRL 39.23  1.34  3.30%   

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.
  
On August 5, 2022 BRASIL ON NM had Daily Balance Of Power of 0.2841.
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.
Balance of Power indicator (or BOP) measures the strength of BRASIL ON NM market sensitivity to bulls and bears. It estimates the ability of BRASIL ON buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BRASIL ON Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
(0.032258)0.2841
Check BRASIL ON VolatilityBacktest BRASIL ONTrend Details  

BRASIL ON Trading Date Momentum

On August 08 2022 BRASIL ON NM was traded for  38.53  at the closing time. The highest price during the trading period was 39.10  and the lowest recorded bid was listed for  37.76 . The volume for the day was 19.5 M. This history from August 8, 2022 contributed to the next trading day price gain. The overall trading delta to the next closing price was 3.16% . The overall trading delta to the current price is 6.88% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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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.

BRASIL ON 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.
TAESA UNT N2CPFL ENERGIAON NMRENOVA ON N2ENERGIAS BR ONCOPEL PNB N1Amn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt Bond
 Risk & Return  Correlation

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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BRASIL ON without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.

Moving together with BRASIL ON

+0.84ITUB4ITAUUNIBANCOPN N1PairCorr
+0.79ABCB4ABC BRASIL PNPairCorr
+0.88XBOVCAIXAETFXBOVPairCorr
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Tools for BRASIL Stock

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.
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