Banco Bradesco (Argentina) Price on November 9, 2023

BBD Stock  ARS 2,260  30.00  1.31%   
If you're considering investing in Banco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Banco Bradesco stands at 2,260, as last reported on the 30th of December, with the highest price reaching 2,305 and the lowest price hitting 2,230 during the day. Banco Bradesco DRC secures Sharpe Ratio (or Efficiency) of -0.3, which signifies that the company had a -0.3% return per unit of risk over the last 3 months. Banco Bradesco DRC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banco Bradesco's Risk Adjusted Performance of (0.18), standard deviation of 2.09, and Mean Deviation of 1.58 to double-check the risk estimate we provide.
  
Banco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.3042

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Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.61
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.3
  actual daily
0
Most of other assets perform better
Based on monthly moving average Banco Bradesco is not performing at its full potential. However, 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 Banco Bradesco by adding Banco Bradesco to a well-diversified portfolio.

Banco Bradesco Valuation on November 9, 2023

It is possible to determine the worth of Banco Bradesco on a given historical date. On November 9, 2023 Banco was worth 2640.0 at the beginning of the trading date compared to the closed value of 2694.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Banco Bradesco stock. Still, in general, we apply an absolute valuation method to find Banco Bradesco'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 Banco Bradesco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Banco Bradesco's related companies.
 Open High Low Close Volume
  2,798    2,798    2,610    2,634    14,563  
11/09/2023
  2,640    2,720    2,600    2,694    8,069  
  2,650    2,766    2,556    2,698    24,839  
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Open Value
2640.0
2694.5
Closing Value
2,646
Upside

Banco Bradesco Trading Date Momentum on November 9, 2023

On November 10 2023 Banco Bradesco DRC was traded for  2,698  at the closing time. The maximum traded price for the trading interval was 2,766  and the lowest daily price was  2,556 . The daily volume was recorded at 24.8 K. The volume of trading on 10th of November 2023 played a part in the next trading day price jump. The overall trading delta to the next closing price was 0.11% . The overall trading delta to the closing price today is 3.92% .

Banco Bradesco DRC Fundamentals Correlations and Trends

By evaluating Banco Bradesco'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 Banco Bradesco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Banco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Banco Bradesco Stock history

Banco Bradesco 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 Banco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Banco Bradesco DRC 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 Banco Bradesco stock prices may prove useful in developing a viable investing in Banco Bradesco
Banco Bradesco S.A., together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. Banco Bradesco S.A. was founded in 1943 and is headquartered in Osasco, Brazil. BCO BRADESCO operates under BanksRegional classification in Argentina and is traded on Buenos-Aires Stock Exchange. It employs 87362 people.

Banco Bradesco Stock Technical Analysis

Banco Bradesco 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 Bradesco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Banco Bradesco 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...

Price Boundaries

Banco Bradesco Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Banco Bradesco DRC cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.

Banco Bradesco December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Banco Bradesco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Banco Bradesco shares will generate the highest return on investment. By undertsting and applying Banco Bradesco stock market strength indicators, traders can identify Banco Bradesco DRC entry and exit signals to maximize returns

Banco Bradesco Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Banco Bradesco's price direction in advance. Along with the technical and fundamental analysis of Banco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Banco 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.

Complementary 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.
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