Banco Do (Brazil) Market Value
| BNBR3 Stock | BRL 96.99 2.33 2.46% |
| Symbol | Banco |
Banco Do '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 Do'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 Do.
| 03/09/2023 |
| 02/26/2025 |
If you would invest 0.00 in Banco Do on March 9, 2023 and sell it all today you would earn a total of 0.00 from holding Banco do Nordeste or generate 0.0% return on investment in Banco Do over 720 days. Banco Do is related to or competes with Banco Da, Banco Mercantil, Banco Do, Banestes, and Banco Mercantil. Banco do Nordeste do Brasil S.A. operates as a regional development bank in Brazil More
Banco Do 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 Do'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 do Nordeste upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.74 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 3.23 |
Banco Do Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banco Do's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banco Do's standard deviation. In reality, there are many statistical measures that can use Banco Do historical prices to predict the future Banco Do's volatility.| Risk Adjusted Performance | 0.0047 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.0421 |
Banco do Nordeste Backtested Returns
Currently, Banco do Nordeste is very steady. Banco do Nordeste secures Sharpe Ratio (or Efficiency) of 0.0197, which signifies that the company had a 0.0197 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Banco do Nordeste, which you can use to evaluate the volatility of the firm. Please confirm Banco Do's Mean Deviation of 1.78, risk adjusted performance of 0.0047, and Standard Deviation of 2.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0515%. Banco Do has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Banco Do are expected to decrease at a much lower rate. During the bear market, Banco Do is likely to outperform the market. Banco do Nordeste right now shows a risk of 2.62%. Please confirm Banco do Nordeste maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Banco do Nordeste will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Banco do Nordeste has no correlation between past and present. Overlapping area represents the amount of predictability between Banco Do time series from 9th of March 2023 to 3rd of March 2024 and 3rd of March 2024 to 26th of February 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 do Nordeste price movement. The serial correlation of 0.0 indicates that just 0.0% of current Banco Do price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 31.27 |
Banco do Nordeste lagged returns against current returns
Autocorrelation, which is Banco Do 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 Do's stock expected returns. We can calculate the autocorrelation of Banco Do returns to help us make a trade decision. For example, suppose you find that Banco Do 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 Do 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 Do stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banco Do stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banco Do stock over time.
Current vs Lagged Prices |
| Timeline |
Banco Do Lagged Returns
When evaluating Banco Do's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banco Do stock have on its future price. Banco Do 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 Do autocorrelation shows the relationship between Banco Do stock current value and its past values and can show if there is a momentum factor associated with investing in Banco do Nordeste.
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 Do's price analysis, check to measure Banco Do'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 Do is operating at the current time. Most of Banco Do's value examination focuses on studying past and present price action to predict the probability of Banco Do'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 Do's price. Additionally, you may evaluate how the addition of Banco Do to your portfolios can decrease your overall portfolio volatility.