Banco Do (Brazil) Price on April 22, 2024

BRSR3 Stock  BRL 12.06  0.02  0.17%   
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 Do stands at 12.06, as last reported on the 29th of November, with the highest price reaching 12.12 and the lowest price hitting 11.93 during the day. Banco do Estado secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Banco do Estado exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Do's Standard Deviation of 1.15, mean deviation of 0.8843, and Risk Adjusted Performance of (0.10) 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 = -0.1564

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Estimated Market Risk

 1.12
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Banco Do 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 Do by adding Banco Do to a well-diversified portfolio.

Banco Do Valuation on April 22, 2024

It is possible to determine the worth of Banco Do on a given historical date. On April 22, 2024 Banco was worth 12.03 at the beginning of the trading date compared to the closed value of 12.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banco Do stock. Still, in general, we apply an absolute valuation method to find Banco Do'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 Do where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banco Do's related companies.
 Open High Low Close Volume
  11.93    12.08    11.88    11.98    6,400  
04/22/2024
  12.03    12.35    12.02    12.14    10,000  
  11.99    12.27    11.99    12.02    1,700  
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Open Value
12.03
12.14
Closing Value
15.40
Upside

Banco Do Trading Date Momentum on April 22, 2024

On April 23 2024 Banco do Estado was traded for  12.02  at the closing time. The highest price during the trading period was 12.27  and the lowest recorded bid was listed for  11.99 . The volume for the day was 1.7 K. This history from April 23, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.99% . The overall trading delta to the current price is 0.58% .

Banco do Estado Fundamentals Correlations and Trends

By evaluating Banco Do'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 Do'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 Do Stock history

Banco Do 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 do Estado 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 Do stock prices may prove useful in developing a viable investing in Banco Do
Banco do Estado do Rio Grande do Sul S.A., a multiple-service bank, provides a range of banking products and services primarily in Brazil, Miami, and the Grand Cayman. Banco do Estado do Rio Grande do Sul S.A. was founded in 1928 and is headquartered in Porto Alegre, Brazil. BANRISUL operates under BanksRegional classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 9280 people.

Banco Do Stock Technical Analysis

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

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Banco do Estado 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 Do November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Banco Do 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 Do shares will generate the highest return on investment. By undertsting and applying Banco Do stock market strength indicators, traders can identify Banco do Estado entry and exit signals to maximize returns

Banco Do Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Banco Do'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 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.