Banco Do (Brazil) Market Value
| BRSR5 Preferred Stock | BRL 14.80 0.20 1.33% |
| Symbol | Banco |
Banco Do '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 Banco Do's preferred 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 Banco Do.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Banco Do on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Banco do Estado or generate 0.0% return on investment in Banco Do over 90 days. Banco Do is related to or competes with Banco Santander, Itasa Investimentos, Banco Do, Banco Da, BRB Banco, and Banestes. Banco do Estado do Rio Grande do Sul S.A., a multiple-service bank, provides a range of banking products and services pr... More
Banco Do 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 Banco Do's preferred 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 Banco do Estado upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 29.89 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 0.722 |
Banco Do Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Do's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Do's standard deviation. In reality, there are many statistical measures that can use Banco Do historical prices to predict the future Banco Do's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.2929 |
Banco do Estado Backtested Returns
Banco do Estado secures Sharpe Ratio (or Efficiency) of -0.0485, which signifies that the company had a -0.0485% return per unit of risk over the last 3 months. Banco do Estado exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Do's Standard Deviation of 3.01, risk adjusted performance of (0.02), and Mean Deviation of 1.02 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Banco Do are expected to decrease at a much lower rate. During the bear market, Banco Do is likely to outperform the market. At this point, Banco do Estado has a negative expected return of -0.15%. Please make sure to confirm Banco Do's total risk alpha, skewness, day median price, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Banco do Estado performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Banco do Estado has very weak reverse predictability. Overlapping area represents the amount of predictability between Banco Do time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banco do Estado price movement. The serial correlation of -0.02 indicates that only 2.0% of current Banco Do price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Banco do Estado lagged returns against current returns
Autocorrelation, which is Banco Do preferred 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 Banco Do's preferred stock expected returns. We can calculate the autocorrelation of Banco Do returns to help us make a trade decision. For example, suppose you find that Banco Do has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Banco Do 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 Banco Do preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Do preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Do preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Do Lagged Returns
When evaluating Banco Do's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Do preferred stock have on its future price. Banco Do 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, Banco Do autocorrelation shows the relationship between Banco Do preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Banco do Estado.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Banco Preferred Stock Analysis
When running Banco Do's price analysis, check to measure Banco Do'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 Banco Do is operating at the current time. Most of Banco Do's value examination focuses on studying past and present price action to predict the probability of Banco Do's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Do's price. Additionally, you may evaluate how the addition of Banco Do to your portfolios can decrease your overall portfolio volatility.