Banco Bradesco (Brazil) Price on August 12, 2024

BBDC3 Stock  BRL 11.23  0.43  3.69%   
If you're considering investing in Banco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Banco Bradesco stands at 11.23, as last reported on the 29th of November, with the highest price reaching 11.66 and the lowest price hitting 11.17 during the day. Banco Bradesco SA secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the company had a -0.26% return per unit of risk over the last 3 months. Banco Bradesco SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Bradesco's Mean Deviation of 0.9381, standard deviation of 1.23, and Risk Adjusted Performance of (0.18) to double-check the risk estimate we provide.
  
Banco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2591

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Estimated Market Risk

 1.25
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.26
  actual daily
0
Most of other assets perform better
Based on monthly moving average Banco Bradesco is not performing at its full potential. However, 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 Banco Bradesco by adding Banco Bradesco to a well-diversified portfolio.

Banco Bradesco Valuation on August 12, 2024

It is possible to determine the worth of Banco Bradesco on a given historical date. On August 12, 2024 Banco was worth 12.83 at the beginning of the trading date compared to the closed value of 12.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banco Bradesco stock. Still, in general, we apply an absolute valuation method to find Banco Bradesco's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Banco Bradesco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banco Bradesco's related companies.
 Open High Low Close Volume
  12.65    12.89    12.55    12.80    6,346,800  
08/12/2024
  12.83    12.96    12.82    12.93    4,522,000  
  12.97    13.17    12.93    13.08    5,748,300  
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Open Value
12.83
12.93
Closing Value
16.57
Upside

Banco Bradesco Trading Date Momentum on August 12, 2024

On August 13 2024 Banco Bradesco SA was traded for  13.08  at the closing time. The highest price during the trading period was 13.17  and the lowest recorded bid was listed for  12.93 . The volume for the day was 5.7 M. This history from August 13, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.16% . The overall trading delta to the current price is 6.57% .

Banco Bradesco SA Fundamentals Correlations and Trends

By evaluating Banco Bradesco's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Banco Bradesco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Banco Bradesco Stock history

Banco Bradesco investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Banco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banco Bradesco SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Banco Bradesco stock prices may prove useful in developing a viable investing in Banco Bradesco
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 87362 people.

Banco Bradesco Stock Technical Analysis

Banco 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 Banco Bradesco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco 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...

Price Boundaries

Banco Bradesco Period Price Range

Low
November 29, 2024
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High

 0.00 

     

 0.00 

Banco Bradesco SA cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Banco Bradesco November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Banco Bradesco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Banco Bradesco shares will generate the highest return on investment. By undertsting and applying Banco Bradesco stock market strength indicators, traders can identify Banco Bradesco SA entry and exit signals to maximize returns

Banco Bradesco Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Banco Bradesco's price direction in advance. Along with the technical and fundamental analysis of Banco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Banco Stock Analysis

When running Banco Bradesco's price analysis, check to measure Banco 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 Banco Bradesco is operating at the current time. Most of Banco Bradesco's value examination focuses on studying past and present price action to predict the probability of Banco Bradesco'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 Bradesco's price. Additionally, you may evaluate how the addition of Banco Bradesco to your portfolios can decrease your overall portfolio volatility.