Banco Da (Brazil) Technical Analysis

BAZA3 Stock  BRL 98.88  1.12  1.12%   
As of the 20th of April, Banco Da shows the Mean Deviation of 0.8591, risk adjusted performance of 0.0564, and Downside Deviation of 1.45. Banco da Amaznia 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Banco da Amaznia, which can be compared to its peers. Please confirm Banco da Amaznia standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Banco da Amaznia is priced correctly, providing market reflects its regular price of 98.88 per share.

Banco Da Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Banco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Banco
  
Banco Da's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Banco Da 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.
A focus of Banco Da technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco Da trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Banco da Amaznia Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Banco da Amaznia volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Banco da Amaznia Trend Analysis

Use this graph to draw trend lines for Banco da Amaznia. You can use it to identify possible trend reversals for Banco Da 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 Banco Da price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Banco Da Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Banco da Amaznia applied against its price change over selected period. The best fit line has a slop of   0.27  , which means Banco da Amaznia will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2669.74, which is the sum of squared deviations for the predicted Banco Da price change compared to its average price change.

About Banco Da 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 Banco da Amaznia 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 Banco da Amaznia based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Banco da Amaznia price pattern first instead of the macroeconomic environment surrounding Banco da Amaznia. By analyzing Banco Da'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 Banco Da'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 Banco Da specific price patterns or momentum indicators. Please read more on our technical analysis page.

Banco Da April 20, 2024 Technical Indicators

Most technical analysis of Banco 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 Banco from various momentum indicators to cycle indicators. When you analyze Banco 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco da Amaznia. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Banco da Amaznia information on this page should be used as a complementary analysis to other Banco Da's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Banco Stock analysis

When running Banco Da's price analysis, check to measure Banco Da'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 Da is operating at the current time. Most of Banco Da's value examination focuses on studying past and present price action to predict the probability of Banco Da'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 Da's price. Additionally, you may evaluate how the addition of Banco Da to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Please note, there is a significant difference between Banco Da's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Da is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Da's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.