BRB Banco (Brazil) Market Value
| BSLI3 Stock | BRL 8.50 0.38 4.28% |
| Symbol | BRB |
BRB Banco '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 BRB Banco'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 BRB Banco.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in BRB Banco on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding BRB Banco de or generate 0.0% return on investment in BRB Banco over 360 days. BRB Banco is related to or competes with BRB Banco, Banco Do, Banco Do, Banco Mercantil, and Banestes. BRB - Banco de Braslia S.A. provides banking products and services primarily in Brazil More
BRB Banco 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 BRB Banco'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 BRB Banco de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 11.2 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 4.23 |
BRB Banco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRB Banco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRB Banco's standard deviation. In reality, there are many statistical measures that can use BRB Banco historical prices to predict the future BRB Banco's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.9187 |
BRB Banco de Backtested Returns
BRB Banco de retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. BRB Banco exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BRB Banco's variance of 4.05, and Market Risk Adjusted Performance of 0.9287 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.4, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BRB Banco are expected to decrease at a much lower rate. During the bear market, BRB Banco is likely to outperform the market. At this point, BRB Banco de has a negative expected return of -0.3%. Please make sure to confirm BRB Banco's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if BRB Banco de performance from the past will be repeated in the future.
Auto-correlation | 0.37 |
Below average predictability
BRB Banco de has below average predictability. Overlapping area represents the amount of predictability between BRB Banco time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 BRB Banco de price movement. The serial correlation of 0.37 indicates that just about 37.0% of current BRB Banco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
BRB Banco de lagged returns against current returns
Autocorrelation, which is BRB Banco 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 BRB Banco's stock expected returns. We can calculate the autocorrelation of BRB Banco returns to help us make a trade decision. For example, suppose you find that BRB Banco 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 |
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BRB Banco 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 BRB Banco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRB Banco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRB Banco stock over time.
Current vs Lagged Prices |
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BRB Banco Lagged Returns
When evaluating BRB Banco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRB Banco stock have on its future price. BRB Banco 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, BRB Banco autocorrelation shows the relationship between BRB Banco stock current value and its past values and can show if there is a momentum factor associated with investing in BRB Banco de.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for BRB Stock Analysis
When running BRB Banco's price analysis, check to measure BRB Banco'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 BRB Banco is operating at the current time. Most of BRB Banco's value examination focuses on studying past and present price action to predict the probability of BRB Banco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRB Banco's price. Additionally, you may evaluate how the addition of BRB Banco to your portfolios can decrease your overall portfolio volatility.