Banco Da (Brazil) Odds of Future Stock Price Finishing Over 72.2
| BAZA3 Stock | BRL 88.05 0.05 0.06% |
Banco |
Banco Da Target Price Odds to finish over 72.2
The tendency of Banco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above R$ 72.20 in 90 days |
| 88.05 | 90 days | 72.20 | close to 99 |
Based on a normal probability distribution, the odds of Banco Da to stay above R$ 72.20 in 90 days from now is close to 99 (This Banco da Amaznia probability density function shows the probability of Banco Stock to fall within a particular range of prices over 90 days) . Probability of Banco da Amaznia price to stay between R$ 72.20 and its current price of R$88.05 at the end of the 90-day period is nearly 4.24 .
Assuming the 90 days trading horizon Banco da Amaznia has a beta of -0.11 suggesting as returns on the benchmark increase, returns on holding Banco Da are expected to decrease at a much lower rate. During a bear market, however, Banco da Amaznia is likely to outperform the market. Additionally Banco da Amaznia has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Banco Da Price Density |
| Price |
Predictive Modules for Banco Da
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Banco da Amaznia. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Banco Da Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Banco Da is not an exception. The market had few large corrections towards the Banco Da's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Banco da Amaznia, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Banco Da within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 2.60 | |
Ir | Information ratio | -0.2 |
Banco Da Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Banco Da for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Banco da Amaznia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Banco da Amaznia generated a negative expected return over the last 90 days | |
| Banco da Amaznia has accumulated about 2.83 B in cash with (727.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 95.6. | |
| Roughly 73.0% of the company shares are held by company insiders |
Banco Da Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Banco Stock often depends not only on the future outlook of the current and potential Banco Da's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Banco Da's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 29.9 M | |
| Cash And Short Term Investments | 2.5 B |
Banco Da Technical Analysis
Banco Da's future price can be derived by breaking down and analyzing its technical indicators over time. Banco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Banco da Amaznia. In general, you should focus on analyzing Banco Stock price patterns and their correlations with different microeconomic environments and drivers.
Banco Da Predictive Forecast Models
Banco Da's time-series forecasting models is one of many Banco Da's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Banco Da's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Banco da Amaznia
Checking the ongoing alerts about Banco Da for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Banco da Amaznia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Banco da Amaznia generated a negative expected return over the last 90 days | |
| Banco da Amaznia has accumulated about 2.83 B in cash with (727.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 95.6. | |
| Roughly 73.0% of the company shares are held by company insiders |
Additional Tools for Banco Stock Analysis
When running Banco Da's price analysis, check to measure Banco Da'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 Da is operating at the current time. Most of Banco Da's value examination focuses on studying past and present price action to predict the probability of Banco Da'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 Da's price. Additionally, you may evaluate how the addition of Banco Da to your portfolios can decrease your overall portfolio volatility.