Braskem SA (Brazil) Technical Analysis
| BRKM3 Stock | BRL 15.51 0.77 5.22% |
As of the 24th of November, Braskem SA shows the risk adjusted performance of (0.07), and Mean Deviation of 1.65. Braskem SA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Braskem SA coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Braskem SA is priced correctly, providing market reflects its regular price of 15.51 per share.
Braskem SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Braskem, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BraskemBraskem |
Braskem SA 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.
Braskem SA Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Braskem SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Braskem SA Trend Analysis
Use this graph to draw trend lines for Braskem SA. You can use it to identify possible trend reversals for Braskem SA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Braskem SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Braskem SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Braskem SA applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Braskem SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 153.41, which is the sum of squared deviations for the predicted Braskem SA price change compared to its average price change.About Braskem SA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Braskem SA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Braskem SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Braskem SA price pattern first instead of the macroeconomic environment surrounding Braskem SA. By analyzing Braskem SA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Braskem SA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Braskem SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Braskem SA November 24, 2024 Technical Indicators
Most technical analysis of Braskem help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Braskem from various momentum indicators to cycle indicators. When you analyze Braskem charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | 6.58 | |||
| Mean Deviation | 1.65 | |||
| Coefficient Of Variation | (1,073) | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.71 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 6.57 | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.83 | |||
| Skewness | 0.3306 | |||
| Kurtosis | 0.3571 |
Additional Tools for Braskem Stock Analysis
When running Braskem SA's price analysis, check to measure Braskem SA'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 Braskem SA is operating at the current time. Most of Braskem SA's value examination focuses on studying past and present price action to predict the probability of Braskem SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Braskem SA's price. Additionally, you may evaluate how the addition of Braskem SA to your portfolios can decrease your overall portfolio volatility.