Banco Bradesco (Brazil) Market Value
| BBDC3 Stock | BRL 11.09 0.41 3.84% |
| Symbol | Banco |
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.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Banco Bradesco on December 16, 2024 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 90 days. Banco Bradesco is related to or competes with HDFC Bank, Ita Unibanco, Ita Unibanco, Deutsche Bank, Banco Santander, and Citizens Financial. 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.
| Downside Deviation | 1.72 | |||
| Information Ratio | 0.0764 | |||
| Maximum Drawdown | 8.08 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.69 |
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 | 0.0221 | |||
| Jensen Alpha | 0.0674 | |||
| Total Risk Alpha | 0.2428 | |||
| Sortino Ratio | 0.0774 | |||
| Treynor Ratio | 0.0613 |
Banco Bradesco SA Backtested Returns
Currently, Banco Bradesco SA is not too volatile. Banco Bradesco SA secures Sharpe Ratio (or Efficiency) of 0.0589, which signifies that the company had a 0.0589 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Banco Bradesco SA, which you can use to evaluate the volatility of the firm. Please confirm Banco Bradesco's Downside Deviation of 1.72, risk adjusted performance of 0.0221, and Mean Deviation of 1.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Banco Bradesco has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.4, which signifies possible diversification benefits within a given portfolio. 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. Banco Bradesco SA right now shows a risk of 1.71%. Please confirm Banco Bradesco SA total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Banco Bradesco SA will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Banco Bradesco SA has poor reverse predictability. Overlapping area represents the amount of predictability between Banco Bradesco time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. 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 -0.33 indicates that nearly 33.0% of current Banco Bradesco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.35 | |
| 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 |
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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 Banco Stock Analysis
When running Banco Bradesco's price analysis, check to measure Banco Bradesco'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 Banco Bradesco is operating at the current time. Most of Banco Bradesco's value examination focuses on studying past and present price action to predict the probability of Banco Bradesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Banco Bradesco's price. Additionally, you may evaluate how the addition of Banco Bradesco to your portfolios can decrease your overall portfolio volatility.