Dados B3 › Questions
Did the moving-average crossover work on B3's most traded stocks?
In 0 of the 15 most traded B3 stocks, a 21×100-day moving-average crossover beat simply buying and holding over the last 5 years (2021-10-11 to 2026-10-09), counting dividends reinvested where recorded. No costs or taxes; past result, not advice.
| Stock | Buy & hold (price) | Crossover (price) | Buy & hold (with dividends) | Crossover (with dividends) | Max drawdown B&H |
|---|---|---|---|---|---|
| PETR4 | +91.0% | -22.2% | +556.7% | +78.6% | -43.1% |
| VALE3 | -16.8% | -1.0% | +26.3% | +18.6% | -53.2% |
| ITUB4 | +114.5% | +32.1% | +195.4% | +57.8% | -25.5% |
| BBDC4 | +16.1% | -20.9% | +67.1% | -6.9% | -47.8% |
| B3SA3 | +92.5% | +21.1% | +131.8% | +32.0% | -43.3% |
| AXIA3 | +53.1% | +26.8% | +78.2% | +35.8% | -40.8% |
| BBAS3 | +60.4% | +0.5% | +139.4% | +25.8% | -40.3% |
| PRIO3 | +131.9% | +26.7% | +132.3% | +26.7% | -35.3% |
| BPAC11 | +238.2% | +96.5% | +286.2% | +109.7% | -37.8% |
| SBSP3 | +356.2% | +140.2% | +416.5% | +164.4% | -33.8% |
| ABEV3 | +4.9% | -26.3% | +11.6% | -22.0% | -39.5% |
| EMBJ3 | +243.6% | +231.8% | +248.8% | +235.6% | -58.3% |
| RENT3 | -0.3% | -0.1% | +19.3% | +6.1% | -62.5% |
| ITSA4 | +49.2% | +33.0% | +123.3% | +63.1% | -31.3% |
| WEGE3 | +33.3% | +20.5% | +46.6% | +25.7% | -43.8% |
How it was measured
- The 15 companies with the highest traded volume over the last 12 months (main ticker) — so the list carries survivorship bias: they are big today.
- Close adjusted for splits and other corporate events; signal at the close applies to the NEXT session (no look-ahead).
- With dividends: each cash payment reinvested at the ex-date close; the crossover only receives it if positioned on the ex-date.
- No brokerage, no taxes. * = a daily jump above 35% we could not explain.
Any stock, any period, open with no key: https://dadosb3.com/empresas/PETR4/desempenho (swap the ticker).
Numbers on this page are live. Data version 2026-10-01-cfo-metodo-direto · page generated 2026-10-10 03:34 UTC. If this does not match /saude, you are reading a cached copy.
Sources: CVM (open data, ODbL) and B3 (COTAHIST). Not affiliated with B3 or the CVM. Not investment advice.
Numbers on this page are live. Data version 2026-10-01-cfo-metodo-direto · page generated 2026-10-10 03:34 UTC. If this does not match /saude, you are reading a cached copy.