BRADESCO (Brazil) Performance

BBDC4
  

BRL 18.17  0.57  3.24%   

The firm owns a Beta (Systematic Risk) of -0.0175, 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, returns on owning BRADESCO are expected to decrease at a much lower rate. During the bear market, BRADESCO is likely to outperform the market. Even though it is essential to pay attention to BRADESCO PN EJ existing price patterns, it is always good to be careful when utilizing equity price patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BRADESCO exposes twenty-one different technical indicators, which can help you to evaluate its performance. BRADESCO PN EJ has an expected return of -0.17%. Please be advised to 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 performance from the past will be repeated in the future.
  
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BRADESCO Performance
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Over the last 90 days BRADESCO PN EJ has generated negative risk-adjusted returns adding no value to investors with long positions. Even with latest weak performance, the Stock's basic indicators remain invariable and the latest agitation on Wall Street may also be a sign of long-running gains for the enterprise retail investors. ...more

BRADESCO Price Channel

Fifty Two Week Low17.22
Target High Price31.00
Payout Ratio42.23%
Fifty Two Week High24.14
Target Low Price21.82
Trailing Annual Dividend Yield2.04%

BRADESCO Relative Risk vs. Return Landscape

If you would invest  1,970  in BRADESCO PN EJ on April 1, 2022 and sell it today you would lose (210.00)  from holding BRADESCO PN EJ or give up 10.66% of portfolio value over 90 days. BRADESCO PN EJ is generating negative expected returns and assumes 1.4544% volatility on return distribution over the 90 days horizon. Simply put, 12% of stocks are less volatile than BRADESCO, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days trading horizon BRADESCO is expected to generate 1.0 times more return on investment than the market. However, the company is 1.0 times more volatile than its market benchmark. It trades about -0.12 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

BRADESCO Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for BRADESCO's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BRADESCO PN EJ, and traders can use it to determine the average amount a BRADESCO's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1197

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Estimated Market Risk
 1.45
  actual daily
 
 12 %
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1212
Expected Return
 -0.17
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 -0.12
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Based on monthly moving average BRADESCO is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BRADESCO by adding it to a well-diversified portfolio.

About BRADESCO Performance

To evaluate BRADESCO PN EJ Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when BRADESCO generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare BRADESCO Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand BRADESCO PN EJ stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents BRADESCO's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil. BRADESCO operates under BanksRegional classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 85264 people.

Things to note about BRADESCO PN EJ

Checking the ongoing alerts about BRADESCO for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BRADESCO PN EJ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

BRADESCO Alerts

Equity 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.
Continue to Trending Equities. 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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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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.