Centrais Competitors

EBRDelisted Stock

USD 9.61 0.10 1.03%

Centrais Electricas competes with Fortis, CMS Energy, Southern, FirstEnergy, and Korea Electric; as well as few others. The company runs under Electric Utilities sector within Utilities industry. Analyzing Centrais Electricas competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Centrais Electricas to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Centrais Electricas vs Edison International Correlation

Very weak diversification

The correlation between Centrais Electricas Brasileira and EIX is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Centrais Electricas Brasileira and EIX in the same portfolio, assuming nothing else is changed.

Moving against Centrais Stock

0.68	CMWCF	Cromwell Property	Pair Corr
0.66	POM	POMDOCTOR LIMITED	Pair Corr
0.46	PBCRF	PT Bank Central	Pair Corr
0.43	CMSA	CMS Energy Corp	Pair Corr

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
3.54	9.60	15.66

Details

Intrinsic

Valuation

Low	Real	High
1.61	7.67	13.73

Details

Naive

Forecast

Low	Next	High
4.91	10.97	17.03

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
7.40	8.85	10.31

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Centrais Electricas. Your research has to be compared to or analyzed against Centrais Electricas' peers to derive any actionable benefits. When done correctly, Centrais Electricas' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Centrais Electricas.

Centrais Electricas Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Centrais Electricas and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Centrais 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 Centrais Electricas does not affect the price movement of the other competitor.

	FTS	CMS	SO	FE	KEP	DTE	AEE	AWK	EIX
FTS		0.19	0.3	0.63	0.75	0.48	0.61	-0.15	0.81	FTS
CMS	0.19		0.77	0.66	-0.06	0.78	0.78	-0.11	-0.22	CMS
SO	0.3	0.77		0.68	0.09	0.78	0.81	-0.3	-0.02	SO
FE	0.63	0.66	0.68		0.62	0.86	0.91	-0.09	0.39	FE
KEP	0.75	-0.06	0.09	0.62		0.41	0.44	-0.07	0.76	KEP
DTE	0.48	0.78	0.78	0.86	0.41		0.93	-0.14	0.22	DTE
AEE	0.61	0.78	0.81	0.91	0.44	0.93		-0.14	0.34	AEE
AWK	-0.15	-0.11	-0.3	-0.09	-0.07	-0.14	-0.14		-0.04	AWK
EIX	0.81	-0.22	-0.02	0.39	0.76	0.22	0.34	-0.04		EIX
	FTS	CMS	SO	FE	KEP	DTE	AEE	AWK	EIX

High positive correlations

AEE	+ 0.93	DTE
AEE	+ 0.91	FE
DTE	+ 0.86	FE
EIX	+ 0.81	FTS
AEE	+ 0.81	SO
DTE	+ 0.78	CMS

High negative correlations

AWK	- 0.3	SO
EIX	- 0.22	CMS
AWK	- 0.15	FTS
AWK	- 0.14	AEE
AWK	- 0.14	DTE
AWK	- 0.11	CMS

Risk-Adjusted Indicators

There is a big difference between Centrais Stock performing well and Centrais Electricas 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 Centrais Electricas' 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
FTS	0.67	0.15	0.07	(0.57)	0.58	(0.83)	1.38	(1.17)	2.88
CMS	0.75	0.01	(0.06)	0.13	1.02	(0.71)	1.32	(1.37)	5.00
SO	0.74	(0.04)	0.00	2.48	0.00	0.00	1.10	(1.81)	4.07
FE	0.67	0.05	(0.04)	(0.53)	0.88	(0.63)	1.36	(1.31)	4.07
KEP	2.29	0.51	0.16	(13.57)	2.29	(2.52)	6.12	(4.10)	19.98
DTE	0.71	0.01	(0.05)	0.11	1.08	(0.61)	1.45	(1.55)	4.73
AEE	0.71	0.04	(0.02)	0.36	0.95	(0.68)	1.23	(1.45)	5.74
AWK	1.02	(0.01)	0.00	0.13	0.00	0.00	1.95	(2.09)	6.26
EIX	1.06	0.24	0.12	0.78	1.38	(1.10)	2.11	(1.96)	6.38

Centrais Electricas Competitive Analysis

The better you understand Centrais Electricas competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Centrais Electricas' 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 Centrais Electricas' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	EBR	FTS	CMS	SO	FE	KEP	DTE	AEE	AWK	EIX
	1.03 9.61 Centrais	1.78 54.01 Fortis	0.03 72.84 CMS	1.10 90.08 Southern	0.17 46.63 FirstEnergy	2.28 21.56 Korea	0.97 134.82 DTE	0.27 105.09 Ameren	1.11 125.68 American	0.47 64.01 Edison
Market Volatility (90 Days Market Risk)	Moderately volatile	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Mild	Fair	Weakest	Weakest	Soft	Good	Weakest	Weak	Weakest	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Hazard	Small	Small	Small	Small	Small	Small	Small	Small	Small
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Under Valued	Fairly Valued	Fairly Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Hold	Buy	Buy	Buy	Strong Sell	Buy	Buy	Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Hold	Hold	Strong Hold	Cautious Hold	Strong Sell	Hold	Hold	Cautious Hold	Buy
Current Ratio	1.47	0.62	2.03	0.85	0.66	0.67	0.79	0.79	0.59	0.61
Net Asset	289.87 B	73.49 B	39.94 B	145.18 B	52.04 B	246.81 T	48.85 B	44.6 B	32.83 B	85.58 B
Profit Margin	-0.14	0.15	0.13	0.15	0.0931	0.0847	0.0934	0.16	0.22	0.16
EBITDA	16.58 B	5.51 B	3.19 B	13.24 B	4.1 B	21.71 T	4.05 B	3.54 B	2.67 B	6.37 B
Operating Margin	-0.35	0.3	0.26	0.37	0.21	0.2	0.19	0.34	0.43	0.33
Current Valuation	30.51 B	53.64 B	39.72 B	169.82 B	52.87 B	114.89 B	53.44 B	48.45 B	39.47 B	65.23 B
Price To Book	0.99	1.66	2.52	2.84	2.09	0.83	2.32	2.22	2.22	1.58
Retained Earnings	45.44 B	4.52 B	2.04 B	13.75 B	43 M	20.13 T	4.95 B	4.6 B	2.11 B	7.57 B
Current Asset	7.44 B	2.5 B	3 B	2.93 B	2.45 B	22.03 T	2.76 B	1.92 B	657 M	2.65 B
Five Year Return	0.66	3.62	2.71	4.39	4.02	2.88	3.19	2.64	1.63	4.02
Beta	0.3	0.44	0.48	0.45	0.62	0.82	0.48	0.59	0.78	0.83
Number Of Employees	7.71 K	9.6 K	8.32 K	28.31 K	12.29 K	21.38 K	9.6 K	8.98 K	6.7 K	14.01 K
Shares Outstanding	1.98 B	505.4 M	304.32 M	1.1 B	577.67 M	1.28 B	207.68 M	270.49 M	195.18 M	384.79 M
Cash Flow From Operations	12.39 B	3.88 B	2.23 B	9.79 B	2.89 B	15.88 T	3.64 B	2.76 B	2.04 B	5.01 B
Annual Yield	0.0614	0.0329	0.0303	0.0325	0.0384	N/A	0.0327	0.0285	0.0266	0.0551
Total Debt	78.24 B	33.7 B	18.9 B	66.28 B	24.27 B	24.36 T	23.24 B	18.72 B	14.11 B	37.76 B
Return On Equity	-0.0521	0.0761	0.11	0.11	0.11	0.19	0.12	0.11	0.1	0.16
Return On Asset	-0.0074	0.0309	0.0325	0.0346	0.0332	0.0352	0.0283	0.0293	0.0355	0.0321
Number Of Shares Shorted	2.38 M	7.42 M	13.04 M	25.89 M	28.16 M	836.47 K	3.61 M	8.02 M	9.24 M	9.61 M
Book Value Per Share	48.61	32.68	28.39	31.79	22.16	49.6	58.54	47.25	55.9	40.31
Current Liabilities	7.1 B	3.67 B	1.75 B	4.99 B	5.25 B	22.71 T	3.19 B	2.09 B	1.53 B	4.93 B
Total Asset	289.87 B	73.49 B	39.94 B	145.18 B	52.04 B	246.81 T	48.85 B	44.6 B	32.83 B	85.58 B
Debt To Equity	0.35	1.27	1.83	1.7	1.89	2.26	2.22	1.45	1.55	1.76
Short Ratio	1.29	9.88	5.4	5.32	6.82	1.58	2.35	4.53	6.15	3.04
Target Price	12.37	48.5	77.46	95.78	50.23	24.0	147.35	111.69	139.8	67.19
Last Dividend Paid	0.11	2.46	N/A	2.92	1.74	213.0	4.36	2.8	3.19	3.31
Shares Owned By Institutions	1.38	56.6	99.88	73.94	95.2	1.77	80.87	87.35	98.8	90.67
Market Capitalization	24.57 B	27.79 B	22.17 B	99.19 B	27.14 B	27.07 B	28.27 B	28.43 B	24.53 B	24.63 B
Price To Earning	11.21	19.51	20.03	20.67	17.96	5.43	19.93	22.26	38.22	29.72
Price To Earnings To Growth	N/A	2.67	2.48	3.23	1.18	N/A	2.38	2.5	2.42	0.67
Price To Sales	0.58	2.31	2.67	3.43	1.9	3.0E-4	1.91	3.29	4.84	1.36
Net Income	10.38 B	1.83 B	1.07 B	4.26 B	1.13 B	3.49 T	1.4 B	1.19 B	1.05 B	1.37 B
Earnings Per Share	0.54	2.46	3.53	3.97	2.33	4.43	6.67	5.2	5.76	7.63
Shares Owned By Insiders	N/A	0.23	0.54	0.07	0.16	N/A	0.3	N/A	0.12	0.23
Revenue	40.18 B	11.51 B	8.54 B	26.72 B	13.47 B	93.4 T	12.46 B	7.62 B	4.68 B	17.6 B
Working Capital	32.82 B	(2.24 B)	(731 M)	(5.3 B)	(2.22 B)	(34.71 T)	(1.5 B)	(1.15 B)	(1.94 B)	(1.28 B)
Cash And Equivalents	26.39 B	395 M	103 M	1.07 B	111 M	652.91 B	24 M	7 M	96 M	193 M
Cash Per Share	6.98	0.82	0.58	1.62	0.44	N/A	0.13	0.03	0.53	0.32
Gross Profit	22.3 B	5.53 B	3.51 B	14.17 B	9.65 B	16.9 T	4.63 B	4.07 B	3.08 B	10.09 B
Day Typical Price	9.65	54.44	72.95	90.35	46.73	21.46	135.54	105.08	125.92	63.96
Accumulation Distribution	0.0184	14984.92	82237.82	109966.0	63784.67	12303.22	42266.15	38771.06	0.023	54910.3
Market Facilitation Index	0.18	0.0	0.0	0.0	N/A	0.0	0.0	0.0	2.93	0.0
Daily Balance Of Power	(0.56)	(0.71)	(0.01)	(0.41)	0.086	0.8276	(0.36)	0.1273	0.471	0.2
Period Momentum Indicator	(0.10)	(0.98)	(0.02)	(1.00)	0.08	0.48	(1.32)	0.28	1.38	0.3
Rate Of Daily Change	0.99	0.98	1.0	0.99	1.0	1.02	0.99	1.0	1.01	1.0
Day Median Price	9.67	54.65	73.01	90.48	46.78	21.41	135.91	105.07	126.04	63.93
Price Action Indicator	(0.11)	(1.13)	(0.17)	(0.90)	(0.10)	0.39	(1.75)	0.16	0.34	0.23
Coefficient Of Variation	960.4	599.81	4101.23	(2,787)	1652.9	636.13	3274.49	1364.1	(8,288)	490.56
Mean Deviation	2.2	0.6735	0.7461	0.743	0.6689	2.29	0.7078	0.7053	1.02	1.06
Jensen Alpha	0.5767	0.1474	0.0052	(0.04)	0.0486	0.5051	0.0054	0.0446	(0.01)	0.241
Total Risk Alpha	0.0159	0.0467	(0.08)	(0.14)	(0.04)	0.18	(0.07)	(0.03)	(0.15)	0.1334
Sortino Ratio	0.0781	0.0698	(0.06)	N/A	(0.04)	0.1618	(0.05)	(0.02)	N/A	0.1172
Downside Variance	29.5	0.5058	1.14	N/A	0.9706	6.82	1.36	1.08	N/A	2.6
Standard Deviation	4.94	0.8356	0.9449	0.9459	0.8632	3.26	0.9407	0.9162	1.26	1.37
Kurtosis	24.03	0.0833	0.7195	0.0043	0.5351	4.54	0.4246	1.75	(0.08)	1.03
Potential Upside	2.8	1.38	1.32	1.1	1.36	6.12	1.45	1.23	1.95	2.11
Treynor Ratio	(0.55)	(0.57)	0.1322	2.48	(0.53)	(13.57)	0.1116	0.3632	0.1314	0.7786
Maximum Drawdown	32.39	2.88	5.0	4.07	4.07	19.98	4.73	5.74	6.26	6.38
Variance	24.37	0.6983	0.8928	0.8947	0.745	10.61	0.8849	0.8394	1.59	1.87
Market Risk Adjusted Performance	(0.54)	(0.56)	0.1422	2.49	(0.52)	(13.56)	0.1216	0.3732	0.1414	0.7886
Risk Adjusted Performance	0.0923	0.1347	0.0211	(0.03)	0.0494	0.1342	0.026	0.0603	(0.01)	0.1684
Skewness	1.42	0.2325	(0.54)	(0.32)	(0.38)	1.39	(0.40)	(0.53)	0.0995	(0.81)
Semi Deviation	4.49	0.5758	1.02	N/A	0.8848	2.29	1.08	0.9469	N/A	1.38
Information Ratio	0.086	0.0594	(0.07)	(0.13)	(0.04)	0.1297	(0.06)	(0.02)	(0.08)	0.1382
Value At Risk	(3.23)	(1.17)	(1.37)	(1.81)	(1.31)	(4.10)	(1.55)	(1.45)	(2.09)	(1.96)
Expected Short fall	(2.35)	(0.83)	(0.71)	N/A	(0.63)	(2.52)	(0.61)	(0.68)	N/A	(1.10)
Downside Deviation	5.43	0.7112	1.07	N/A	0.9852	2.61	1.17	1.04	N/A	1.61
Semi Variance	20.13	0.3316	1.04	N/A	0.7828	5.23	1.17	0.8967	N/A	1.91

Centrais Electricas Competition Performance Charts

Five steps to successful analysis of Centrais Electricas Competition

Centrais Electricas' 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 Centrais Electricas in relation to its competition. Centrais Electricas' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Centrais Electricas 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 Centrais Electricas' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Centrais Electricas, 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.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Centrais Electricas position

In addition to having Centrais Electricas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Information Technology ETFs theme has 59 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Information Technology ETFs Theme or any other thematic opportunities.

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Other Consideration for investing in Centrais Stock

If you are still planning to invest in Centrais Electricas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Centrais Electricas' history and understand the potential risks before investing.

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Centrais Competitors

Centrais Electricas vs Edison International Correlation

Very weak diversification

Moving against Centrais Stock

Specify up to 10 symbols:

Centrais Electricas Competition Correlation Matrix

High positive correlations

High negative correlations

Risk-Adjusted Indicators

Centrais Electricas Competitive Analysis

Centrais Electricas Competition Performance Charts

Five steps to successful analysis of Centrais Electricas Competition

Complement your Centrais Electricas position

Did You Try This Idea?

Run Information Technology ETFs Thematic Idea Now

Information Technology ETFs

Other Consideration for investing in Centrais Stock

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