Petroleo Brasileiro SA Petrobras Shares Down 3.2 percent on Oct 8
| PBR Stock | USD 11.91 0.11 0.92% |
Slightly above 61% of Petroleo Brasileiro's investor base is looking to short. The analysis of overall sentiment of trading Petroleo Brasileiro Petrobras stock suggests that many investors are alarmed at this time. Petroleo Brasileiro's investing sentiment overview a quick insight into current market opportunities from investing in Petroleo Brasileiro Petrobras. Many technical investors use Petroleo Brasileiro stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Shares of Petroleo Brasileiro SA Petrobras fell 3.20 percent in mid-day trading on Oct 8. The stock reached an intraday low of 14.75, before recovering slight
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Petroleo Brasileiro Fundamental Analysis
We analyze Petroleo Brasileiro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petroleo Brasileiro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petroleo Brasileiro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Petroleo Brasileiro is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Petroleo Brasileiro Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Petroleo Brasileiro stock to make a market-neutral strategy. Peer analysis of Petroleo Brasileiro could also be used in its relative valuation, which is a method of valuing Petroleo Brasileiro by comparing valuation metrics with similar companies.
Peers
Petroleo Brasileiro Related Equities
| SHEL | Shell PLC | 0.07 |
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| CVE | Cenovus Energy | 0.15 |
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| EQNR | Equinor ASA | 0.17 |
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| EC | Ecopetrol | 0.58 |
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| E | Eni SPA | 0.61 |
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| BP | BP PLC | 0.68 |
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| PBR-A | Petrleo Brasileiro | 0.71 |
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| TTE | TotalEnergies | 0.96 |
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| CVX | Chevron Corp | 1.25 |
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| XOM | Exxon | 1.43 |
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| YPF | YPF Sociedad | 1.56 |
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| TGS | Transportadora | 2.26 |
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Additional Tools for Petroleo Stock Analysis
When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro'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 Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.