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Petróleo Brasileiro S.A. - Petrobras
Energy · Oil & Gas Integrated
Made on Jul 7, 2026
Price at call $16.26
6-month call Neutral +4.6%
Target by Jan 2027 $17.01
Great value below $14.00
Model v0.3.0

Projection vs Actual (6M history + forecast)

Our straight 6-month prediction (bold) with a textured realism line, and the actual price overlaid from the prediction date forward.

Forecast

One directional 6-month call and the six monthly points we'll be scored against. Predicted Jul 7, 2026 5:23 am
Neutral PBR trends range-bound to $17.01 (+4.6% from $16.26) by Jan 2027.
Monthmonths after the call Datewhen it gets graded Predictedthe claim: closing price Current priceactual close — fills in over time Predicted returnpredicted vs $16.26 at call
Prediction made Jul 7, 2026 $16.26 at call
M1 Aug 7, 2026 $16.39 +0.8%
What actually happened: closed $18.52 on Aug 6, 2026 = +13.9% vs the call (predicted +0.8%)  ·  direction MISS (called flat, was up)  ·  off by 13.1 pp  ·  accuracy 4/10  ·  S&P +2.8% over the same window — lagged it
M2 Sep 7, 2026 $16.51 +1.5%
M3 Oct 7, 2026 $16.64 +2.3%
M4 Nov 7, 2026 $16.76 +3.1%
M5 Dec 7, 2026 $16.89 +3.9%
M6 Jan 7, 2027 $17.01 +4.6%

Deserved value (DCF/composite) is $20.66; over 6 months we project closing only part-way to it (reach 17.1%). Value-only — see Not Yet Modeled below.

Weaknesses

0 blocking · 0 degraded · 2 notes — follow the chain top-down (cause → effect).
  • Note
    Valuation anchor absent: dcf.
    anchor:dcf
  • Note
    Valuation anchor absent: anchored_pe.
    anchor:anchored_pe

Equation Inputs

Everything feeding the v0.3.0 model — value anchors, the stock's own price behaviour, and the tunable knobs.

Value anchors (from deep analysis)

Price at call$16.26
Composite fair value$21.00
Signal-adjusted fair value$21.00
DCF fair value
Anchored-PE fair value
Buy-below (value lens)$14.00
Value net score+22
Value confidence6 / 10
Quality net score-8
Memo confidence6 / 10
Deserved value (base)$21.00
Quality tilt-1.6%
Deserved value (used)$20.66
Coherence (value × quality)0.50

Price behaviour (trailing — shapes the realism line)

Realized volatility (annualized) 1m 26.9%  3m 34.4%  6m 35.9%  
Daily σ (realism noise)2.2%
Beta vs S&P 500 1m -0.16  3m -0.64  5m -0.30  
Trailing 6-month return37.2%

Knobs (equation params)

Deserved wt · DCF0.5
Quality tilt cap (±)0.2
Horizon reach (6mo)0.45
Coherence floor (conflict)0.5
Conviction gain / pt0.06
Realism mean-reversion φ0.85
Conviction floor0.4
Deserved wt · composite0.5
Realism vol window3m
Neutral band (%)5
Horizon (months)6
Realism σ fallback0.015

Version & Tech Chain

What produced this prediction — stamped on the record so versions can be compared by success rate later.
Model v0.3.0 #6bd904191719

Tech composition (what this version is built from)

#ProcessKindGroup
1 Synthesis valuation-synthesis deterministic final
2 Scenario Analysis scenario-valuation deterministic valuation
3 Valuation / Mispricing ext-lens-value llm extended
4 Company Quality ext-lens-quality llm extended
5 Forensic Memo (combiner) ext-forensic-memo llm extended
6 Classification company-classification llm foundation
7 Live Quote fmp-quote data market-data

Inputs used (the runs that fed this prediction)

Upstream processRanLagRun id
company-classification Jul 7, 2026 freshest PBR-20260707-043005-4949
ext-forensic-memo Jul 7, 2026 freshest ext-PBR-20260707-050844-b133
ext-lens-quality Jul 7, 2026 freshest ext-PBR-20260707-050844-b133
ext-lens-value Jul 7, 2026 freshest ext-PBR-20260707-050844-b133
scenario-valuation Jul 7, 2026 freshest PBR-20260707-043005-4949
valuation-synthesis Jul 7, 2026 freshest PBR-20260707-043005-4949

Inputs flagged 7d+ behind the freshest one may be stale relative to the rest of the analysis.

Saved History

2 frozen snapshots — the record we score once predictions mature.
MadeModelCallAt callTargetExp.Eval due
Aug 7, 2026 v0.6.0 Neutral $18.52 $17.80 -3.9% Feb 2027 view
Jul 7, 2026 v0.3.0 Neutral $16.26 $17.01 +4.6% Jan 2027 viewing

Not Yet Modeled

What this v0.3.0 forecast deliberately ignores — the work ahead, in plain sight.
  • Signal-adjusted fair value ($21) — the red-flag-adjusted anchor isn't the primary input yet (we use the raw DCF/composite blend, which double-counts DCF).
  • Recent momentum / drift — the line takes off straight; the trailing 6-month move (37.2%) doesn't bend the slope.
  • Market beta — computed (1–5mo) for context but does not condition the path.
  • Earnings dates, catalysts, and known events — not modeled.
  • Macro regime & sector rotation — not modeled.
  • Horizon is a fixed 6-month assumption, not a modeled time-to-target.
  • Outcome scoring — predictions aren't yet graded against realized price once the evaluation date passes.