Banco Bradesco Sa Stock Market Value
| BBDO Stock | USD 2.14 0.03 1.38% |
| Symbol | Banco |
Banco Bradesco SA Price To Book Ratio
Is Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Bradesco. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Bradesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.436 | Dividend Share 1.114 | Earnings Share 0.22 | Revenue Per Share 7.098 | Quarterly Revenue Growth 0.429 |
The market value of Banco Bradesco SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bradesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Banco Bradesco '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 Bradesco's 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 Bradesco.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Banco Bradesco on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Banco Bradesco SA or generate 0.0% return on investment in Banco Bradesco over 720 days. Banco Bradesco is related to or competes with Home Federal, LINKBANCORP, Affinity Bancshares, Southern California, Auburn National, BayCom Corp, and Community West. Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corp... More
Banco Bradesco 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 Bradesco's 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 Bradesco SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 2.8 |
Banco Bradesco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Bradesco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Bradesco's standard deviation. In reality, there are many statistical measures that can use Banco Bradesco historical prices to predict the future Banco Bradesco's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (13.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Banco Bradesco's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Banco Bradesco SA Backtested Returns
Banco Bradesco SA secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Banco Bradesco SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Bradesco's Standard Deviation of 1.93, risk adjusted performance of (0.07), and Mean Deviation of 1.53 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0146, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banco Bradesco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banco Bradesco is expected to be smaller as well. At this point, Banco Bradesco SA has a negative expected return of -0.21%. Please make sure to confirm Banco Bradesco's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Banco Bradesco SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Banco Bradesco SA has very good reverse predictability. Overlapping area represents the amount of predictability between Banco Bradesco time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 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 Bradesco SA price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Banco Bradesco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Banco Bradesco SA lagged returns against current returns
Autocorrelation, which is Banco Bradesco 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 Bradesco's stock expected returns. We can calculate the autocorrelation of Banco Bradesco returns to help us make a trade decision. For example, suppose you find that Banco Bradesco has exhibited high autocorrelation historically, and you observe that the 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 Bradesco 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 Bradesco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Bradesco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Bradesco stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Bradesco Lagged Returns
When evaluating Banco Bradesco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Bradesco stock have on its future price. Banco Bradesco 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 Bradesco autocorrelation shows the relationship between Banco Bradesco stock current value and its past values and can show if there is a momentum factor associated with investing in Banco Bradesco SA.
Regressed Prices |
| Timeline |
Pair Trading with Banco Bradesco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Bradesco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Bradesco will appreciate offsetting losses from the drop in the long position's value.Moving against Banco Stock
| 0.9 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.89 | VBNK | VersaBank Fiscal Year End 11th of December 2024 | PairCorr |
| 0.89 | VBTX | Veritex Holdings Fiscal Year End 28th of January 2025 | PairCorr |
| 0.86 | EBTC | Enterprise Bancorp | PairCorr |
| 0.85 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
The ability to find closely correlated positions to Banco Bradesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Bradesco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Bradesco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Bradesco SA to buy it.
The correlation of Banco Bradesco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Bradesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Bradesco SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Bradesco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Banco Bradesco Correlation, Banco Bradesco Volatility and Banco Bradesco Alpha and Beta module to complement your research on Banco Bradesco. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.