BRADESCO (Brazil) Market Value

BBDC4
  

BRL 18.28  0.22  1.19%   

BRADESCO's market value is the price at which a share of BRADESCO stock trades on a public exchange. It measures the collective expectations of BRADESCO PN EJ investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of BRADESCO PN EJ and determine expected loss or profit from investing in BRADESCO over a given investment horizon. Continue to BRADESCO Hype Analysis, BRADESCO Correlation, BRADESCO Valuation, BRADESCO Volatility, as well as analyze BRADESCO Alpha and Beta and BRADESCO Performance.
Symbol

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.

BRADESCO '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 BRADESCO'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 BRADESCO.
0.00
08/17/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
08/07/2022
0.00
If you would invest  0.00  in BRADESCO on August 17, 2020 and sell it all today you would earn a total of 0.00 from holding BRADESCO PN EJ or generate 0.0% return on investment in BRADESCO over 720 days. Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corp...More

BRADESCO 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 BRADESCO'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 BRADESCO PN EJ upside and downside potential and time the market with a certain degree of confidence.

BRADESCO Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BRADESCO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRADESCO's standard deviation. In reality, there are many statistical measures that can use BRADESCO historical prices to predict the future BRADESCO's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BRADESCO'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 BRADESCO in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.8618.2819.70
Details
Intrinsic
Valuation
LowReal ValueHigh
16.8818.3019.72
Details
Naive
Forecast
LowNext ValueHigh
17.4218.8420.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.1217.3218.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as BRADESCO. Your research has to be compared to or analyzed against BRADESCO's peers to derive any actionable benefits. When done correctly, BRADESCO'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 BRADESCO PN EJ.

BRADESCO PN EJ Backtested Returns

We consider BRADESCO very steady. BRADESCO PN EJ retains Efficiency (Sharpe Ratio) of 0.0295, which signifies that the company had 0.0295% 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-one technical indicators for BRADESCO, which you can use to evaluate the future volatility of the firm. Please confirm BRADESCO PN EJ market risk adjusted performance of 0.8622, and Coefficient Of Variation of 1511.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.0418%.
BRADESCO has a performance score of 2 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.1001, which signifies not very significant fluctuations relative to the market. Let's try to break down what BRADESCO's beta means in this case. As returns on the market increase, BRADESCO returns are expected to increase less than the market. However, during the bear market, the loss on holding BRADESCO will be expected to be smaller as well. Although it is important to respect BRADESCO PN EJ existing price patterns, it is better to be realistic regarding the information on the equity's 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 BRADESCO PN EJ technical indicators, you can right now evaluate if the expected return of 0.0418% will be sustainable into the future. BRADESCO PN EJ at this time owns a risk of 1.42%. Please confirm BRADESCO PN EJ semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if BRADESCO PN EJ will be following its current price history.

Auto-correlation

    
  -0.06  

Very weak reverse predictability

BRADESCO PN EJ has very weak reverse predictability. Overlapping area represents the amount of predictability between BRADESCO time series from 17th of August 2020 to 12th of August 2021 and 12th of August 2021 to 7th 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 BRADESCO PN EJ price movement. The serial correlation of -0.06 indicates that barely 6.0% of current BRADESCO price fluctuation can be explain by its past prices.
Correlation Coefficient-0.06
Spearman Rank Test-0.12
Residual Average0.0
Price Variance0.98

BRADESCO PN EJ lagged returns against current returns

Autocorrelation, which is BRADESCO 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 BRADESCO's stock expected returns. We can calculate the autocorrelation of BRADESCO returns to help us make a trade decision. For example, suppose you find that BRADESCO 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   
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       Timeline  

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

BRADESCO Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in BRADESCO without increasing your portfolio risk or giving up 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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Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Continue to BRADESCO Hype Analysis, BRADESCO Correlation, BRADESCO Valuation, BRADESCO Volatility, as well as analyze BRADESCO Alpha and Beta and BRADESCO Performance. 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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BRADESCO 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 BRADESCO technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BRADESCO 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...