BRASIL ON (Brazil) Market Value

BBAS3
  

BRL 41.82  0.99  2.31%   

BRASIL ON's market value is the price at which a share of BRASIL ON stock trades on a public exchange. It measures the collective expectations of BRASIL ON NM investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of BRASIL ON NM and determine expected loss or profit from investing in BRASIL ON over a given investment horizon. Continue to BRASIL ON Correlation, BRASIL ON Volatility and BRASIL ON Alpha and Beta module to complement your research on BRASIL ON.
Symbol

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.

BRASIL ON '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 BRASIL ON'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 BRASIL ON.
0.00
06/19/2022
No Change 0.00  0.0 
In 2 months and 2 days
08/18/2022
0.00
If you would invest  0.00  in BRASIL ON on June 19, 2022 and sell it all today you would earn a total of 0.00 from holding BRASIL ON NM or generate 0.0% return on investment in BRASIL ON over 60 days. Banco do Brasil S.A., together with its subsidiaries, provides banking products and services for individuals, companies,... More

BRASIL ON 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 BRASIL ON'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 BRASIL ON NM upside and downside potential and time the market with a certain degree of confidence.

BRASIL ON Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BRASIL ON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRASIL ON's standard deviation. In reality, there are many statistical measures that can use BRASIL ON historical prices to predict the future BRASIL ON's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BRASIL ON'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. Please use the tools below to analyze the current value of BRASIL ON in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
41.3142.9944.67
Details
Intrinsic
Valuation
LowReal ValueHigh
38.6947.9549.63
Details
Naive
Forecast
LowNext ValueHigh
43.4345.1146.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.7938.0544.31
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BRASIL ON. Your research has to be compared to or analyzed against BRASIL ON's peers to derive any actionable benefits. When done correctly, BRASIL ON's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in BRASIL ON NM.

BRASIL ON NM Backtested Returns

BRASIL ON appears to be very steady, given 3 months investment horizon. BRASIL ON NM retains Efficiency (Sharpe Ratio) of 0.14, which signifies that the company had 0.14% of return per unit of risk over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for BRASIL ON, which you can use to evaluate the future volatility of the firm. Please makes use of BRASIL ON's market risk adjusted performance of 2.12, and Coefficient Of Variation of 575.48 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, BRASIL ON holds a performance score of 11. The firm owns a Beta (Systematic Risk) of 0.1363, which signifies not very significant fluctuations relative to the market. Let's try to break down what BRASIL's beta means in this case. As returns on the market increase, BRASIL ON returns are expected to increase less than the market. However, during the bear market, the loss on holding BRASIL ON will be expected to be smaller as well. Although it is vital to follow BRASIL ON NM existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing BRASIL ON NM technical indicators, you can right now evaluate if the expected return of 0.25% will be sustainable into the future. Please makes use of BRASIL ON NM semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to make a quick decision on whether BRASIL ON NM current price history will revert.

Auto-correlation

    
  0.19  

Very weak predictability

BRASIL ON NM has very weak predictability. Overlapping area represents the amount of predictability between BRASIL ON time series from 19th of June 2022 to 19th of July 2022 and 19th of July 2022 to 18th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BRASIL ON NM price movement. The serial correlation of 0.19 indicates that over 19.0% of current BRASIL ON price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test0.18
Residual Average0.0
Price Variance9.86

BRASIL ON NM lagged returns against current returns

Autocorrelation, which is BRASIL ON 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 BRASIL ON's stock expected returns. We can calculate the autocorrelation of BRASIL ON returns to help us make a trade decision. For example, suppose you find that BRASIL ON stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

BRASIL ON 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 BRASIL ON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRASIL ON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRASIL ON stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

BRASIL ON Lagged Returns

When evaluating BRASIL ON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRASIL ON stock have on its future price. BRASIL ON 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, BRASIL ON autocorrelation shows the relationship between BRASIL ON stock current value and its past values and can show if there is a momentum factor associated with investing in BRASIL ON NM.
   Regressed Prices   
Share
       Timeline  

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.
Continue to BRASIL ON Correlation, BRASIL ON Volatility and BRASIL ON Alpha and Beta module to complement your research on BRASIL ON. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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.
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BRASIL ON 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.
A focus of BRASIL ON technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BRASIL ON trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...