Companhia Competitors
| CIG Stock | USD 2.14 0.02 0.93% |
Companhia Energetica vs UNITIL Correlation
Average diversification
The correlation between Companhia Energetica de and UTL is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Companhia Energetica de and UTL in the same portfolio, assuming nothing else is changed.
Moving together with Companhia Stock
Moving against Companhia Stock
The Companhia Energetica's current Return On Tangible Assets is estimated to increase to 0.16, while Return On Capital Employed is projected to decrease to 0.09. At this time, Companhia Energetica's Intangible Assets are most likely to increase significantly in the upcoming years. The Companhia Energetica's current Net Tangible Assets is estimated to increase to about 1.4 B, while Non Current Assets Total are projected to decrease to roughly 29.4 B.Companhia Energetica Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Companhia Energetica and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Companhia and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Companhia Energetica does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Companhia Stock performing well and Companhia Energetica Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Companhia Energetica's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NWE | 1.04 | 0.21 | 0.09 | 41.26 | 1.14 | 2.44 | 6.73 | |||
| MNTK | 3.87 | (0.21) | 0.00 | (0.02) | 0.00 | 8.54 | 23.04 | |||
| ALE | 0.24 | 0.10 | 0.07 | (1.42) | 0.00 | 0.73 | 2.98 | |||
| EONGY | 0.96 | 0.18 | 0.08 | 0.95 | 1.13 | 2.01 | 7.20 | |||
| ELP | 1.45 | (0.01) | (0.03) | 0.00 | 2.18 | 2.83 | 10.56 | |||
| OTTR | 0.99 | 0.15 | 0.08 | 0.52 | 0.99 | 2.02 | 7.91 | |||
| AVA | 0.81 | 0.14 | 0.05 | 2.62 | 1.08 | 1.77 | 5.72 | |||
| CMNR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ACLLF | 0.75 | 0.00 | 0.18 | 0.00 | 0.49 | 1.91 | 5.83 | |||
| RWEOY | 1.18 | 0.33 | 0.24 | 0.76 | 0.93 | 2.61 | 12.57 |
Cross Equities Net Income Analysis
Compare Companhia Energetica and related stocks such as NorthWestern, Montauk Renewables, and Allete Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NWE | 13.3 M | 92.6 M | 98.4 M | 94 M | 120.7 M | 151.2 M | 164.2 M | 162.7 M | 197 M | 202.1 M | 155.2 M | 186.8 M | 183 M | 194.1 M | 224.1 M | 257.7 M | 270.6 M |
| MNTK | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 5.8 M | 4.6 M | (4.5 M) | 35.2 M | 14.9 M | 9.7 M | 8.8 M | 10.8 M |
| OTTR | 24.7 M | (13.2 M) | (5.3 M) | 50.9 M | 57.7 M | 59.3 M | 62.3 M | 72.4 M | 82.3 M | 86.8 M | 95.9 M | 176.8 M | 284.2 M | 294.2 M | 301.7 M | 346.9 M | 364.3 M |
| AVA | 81.4 M | 100.2 M | 78.2 M | 111.1 M | 192 M | 123.2 M | 137.2 M | 115.9 M | 136.4 M | 197 M | 129.5 M | 147.3 M | 155.2 M | 171.2 M | 180 M | 207 M | 217.3 M |
| BKH | 18 M | 49.7 M | 102.4 M | 117.4 M | 130.9 M | (32.1 M) | 73 M | 177 M | 258.4 M | 199.3 M | 227.6 M | 236.7 M | 258.4 M | 262.2 M | 273.1 M | 291.6 M | 306.2 M |
| UTL | 2.4 M | 16.4 M | 18.2 M | 21.6 M | 24.7 M | 26.3 M | 27.1 M | 29 M | 33 M | 44.2 M | 32.2 M | 36.1 M | 41.4 M | 45.2 M | 47.1 M | 54.2 M | 56.9 M |
Companhia Energetica and related stocks such as NorthWestern, Montauk Renewables, and Allete Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Companhia Energetica financial statement analysis. It represents the amount of money remaining after all of Companhia Energetica de operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Companhia Energetica Competitive Analysis
The better you understand Companhia Energetica competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Companhia Energetica's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Companhia Energetica's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Companhia Energetica Competition Performance Charts
Five steps to successful analysis of Companhia Energetica Competition
Companhia Energetica's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Companhia Energetica in relation to its competition. Companhia Energetica's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Companhia Energetica in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Companhia Energetica's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Companhia Energetica, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Companhia Energetica position
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Check out Companhia Energetica Correlation with its peers. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Can Electric Utilities industry sustain growth momentum? Does Companhia have expansion opportunities? Factors like these will boost the valuation of Companhia Energetica. Projected growth potential of Companhia fundamentally drives upward valuation adjustments. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Companhia Energetica demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.76) | Dividend Share 1.31 | Earnings Share 0.44 | Revenue Per Share | Quarterly Revenue Growth 0.046 |
Companhia Energetica's market price often diverges from its book value, the accounting figure shown on Companhia's balance sheet. Smart investors calculate Companhia Energetica's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Companhia Energetica's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Companhia Energetica's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Companhia Energetica should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Companhia Energetica'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.
