Petrleo Brasileiro (Brazil) Price on October 30, 2024
| PETR4 Preferred Stock | BRL 40.19 0.15 0.37% |
If you're considering investing in Petrleo Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrleo Brasileiro stands at 40.19, as last reported on the 11th of December 2024, with the highest price reaching 40.43 and the lowest price hitting 40.11 during the day. Currently, Petrleo Brasileiro SA is very steady. Petrleo Brasileiro maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Petrleo Brasileiro, which you can use to evaluate the volatility of the company. Please check Petrleo Brasileiro's Coefficient Of Variation of 1087.02, semi deviation of 0.9215, and Risk Adjusted Performance of 0.0704 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Petrleo Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrleo |
Sharpe Ratio = 0.1222
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | PETR4 | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Petrleo Brasileiro is performing at about 9% of its full potential. 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 Petrleo Brasileiro by adding it to a well-diversified portfolio.
Petrleo Brasileiro Valuation on October 30, 2024
It is possible to determine the worth of Petrleo Brasileiro on a given historical date. On October 30, 2024 Petrleo was worth 36.12 at the beginning of the trading date compared to the closed value of 35.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrleo Brasileiro preferred stock. Still, in general, we apply an absolute valuation method to find Petrleo Brasileiro'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 Petrleo Brasileiro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrleo Brasileiro's related companies.
| Open | High | Low | Close | Volume | |
| 36.33 | 36.42 | 35.82 | 36.01 | 25,988,500 | |
10/30/2024 | 36.12 | 36.37 | 35.85 | 35.85 | 25,930,300 |
| 35.87 | 36.05 | 35.63 | 35.91 | 25,500,400 |
| Backtest Petrleo Brasileiro | | | Petrleo Brasileiro History | | | Petrleo Brasileiro Valuation | Previous | Next |
Petrleo Brasileiro Trading Date Momentum on October 30, 2024
| On October 31 2024 Petrleo Brasileiro SA was traded for 35.91 at the closing time. The highest price during the trading period was 36.05 and the lowest recorded bid was listed for 35.63 . The volume for the day was 25.5 M. This history from October 31, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.17% . The trading delta at closing time to the current price is 0.39% . |
Petrleo Brasileiro Fundamentals Correlations and Trends
By evaluating Petrleo Brasileiro'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 Petrleo Brasileiro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Petrleo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Petrleo Brasileiro Preferred Stock history
Petrleo Brasileiro 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 Petrleo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrleo Brasileiro 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 Petrleo Brasileiro stock prices may prove useful in developing a viable investing in Petrleo Brasileiro
Petrleo Brasileiro S.A. - Petrobras explores for, produces, and sells oil and gas in Brazil and internationally. Petrleo Brasileiro S.A. - Petrobras was incorporated in 1953 and is headquartered in Rio de Janeiro, Brazil. PETROBRAS operates under Oil Gas Integrated classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 45532 people.
Petrleo Brasileiro Preferred Stock Technical Analysis
Petrleo Brasileiro technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Petrleo Brasileiro Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Petrleo Brasileiro SA 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.
Petrleo Brasileiro December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrleo Brasileiro preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petrleo Brasileiro shares will generate the highest return on investment. By undertsting and applying Petrleo Brasileiro preferred stock market strength indicators, traders can identify Petrleo Brasileiro SA entry and exit signals to maximize returns
Petrleo Brasileiro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrleo Brasileiro's price direction in advance. Along with the technical and fundamental analysis of Petrleo Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrleo 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.
| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.108 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.43) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Petrleo Preferred Stock Analysis
When running Petrleo Brasileiro's price analysis, check to measure Petrleo 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 Petrleo Brasileiro is operating at the current time. Most of Petrleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petrleo 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 Petrleo Brasileiro's price. Additionally, you may evaluate how the addition of Petrleo Brasileiro to your portfolios can decrease your overall portfolio volatility.