Skip to content

Brazil

through Itaú Unibanco (ITUB) · measured against global banks and financial companies (IXG)

7.56+2.30% · last close, 9 Nov, against 6 Nov

Price, intraday and daily → the candlestick chart, by the minute or the day

Since the series began

Both start at 100 on 1 Jul: each close divided by that day’s close. 92 sessions to 9 Nov. A dot is a session that moved unusually.

Every unusual move

1 unusual move in the 17 sessions checked since 16 Oct. A company moving normally makes one about once every 80 sessions.

26 Oct

at the closeExtremely unusual move
7.70−1.97−20.37%

Itaú Unibanco fell 20.4% on 26 Oct while global banks and financial companies rose 0.1%, about 7.4 times further than it usually moves against them, so the news from that day was fetched.

Show details

What moved

Both moved: the stock and the currency each passed on their own (the real fell 9.7%).

News from around the move

+105 more, from 78 outlets

Company filing

  • 6-K

    Company announcement filed with the US regulator · 08:26 ET, before the close

How this is calculated
  • −7.4σ against global banks and financial companies (IXG): the close sat outside ±2.5σ of the residual over the last 60 trading days (σ = 2.77%).
  • Priced in US dollars on the NYSE; the country's own market had closed hours before this print.
  • The currency part (BRL against the dollar −9.7%, 12.3σ) and the company's part net of its sector and its currency (−10.8%, 4.7σ) are each tested at 2σ against their own 60 sessions. The currency is read at the European Central Bank's daily exchange rate (about 16:00 CET), so its last six hours before the close are not in it.
  • Searched: Brazil (economy OR "central bank" OR "Brazilian real"); "Itau Unibanco" OR Bradesco OR "Brazilian banks" OR Ibovespa. The economy query is asked on every country move. 142 headlines came back. Left out of the 86 headlines the search returned: 3 from outlets that generate pages from price or filing data, 1 not in English. Left out of the 56 headlines the search returned: 13 from outlets that generate pages from price or filing data.
  • Central bank: The bank published no release in the window.
  • Every outlet is listed, never one headline: the query returns many outlets for one story, and choosing one would be ranking. Each item's own time decides whether it came before or after the close.
  • Links go via Google News. Fetched at the close and once more after the next close.
How this is calculated
Price
Finnhub's live trades in US hours, one tick per second; the daily bar from one quote at 16:15 New York, with open, high, low and close but no volume.
Chart
Daily closes as stored, each divided by the close on 1 Jul and multiplied by 100, for ITUB and IXG alike: the first session both have a close. It grows by a session each day.
Unusual
The move left after subtracting global banks and financial companies (IXG)'s, measured against the last 60 trading days (σ) and recomputed nightly. A close beyond 2.5σ is an unusual move; beyond 5σ, an extremely unusual one.
Sessions
Every session from 16 Oct has been checked. The bars begin earlier, backfilled from the same feed, but nothing before that date was tested, so the count does not reach back past it.
Country
The business country the US regulator's filings give the company: Brazil.
Currency
Where the European Central Bank publishes the country's exchange rate, the same day's rate separates the currency's move from the stock's; where it does not, the move says why.
News
Fetched because the move was unusual, never on a timer; every outlet that names the subject is kept, split at the close.