Electro Financial Statements From 2010 to 2024
| EALT4 Preferred Stock | BRL 13.86 0.55 4.13% |
Check Electro Ao financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electro Ao's main balance sheet or income statement drivers, such as , as well as many indicators such as . Electro financial statements analysis is a perfect complement when working with Electro Ao Valuation or Volatility modules.
Electro |
Electro Ao Altona Company Beta Analysis
Electro Ao's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Electro Ao Beta | 0.81 |
Most of Electro Ao's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Electro Ao Altona is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Electro Ao Altona has a Beta of 0.8102. This is 40.86% lower than that of the Metals & Mining sector and 46.34% lower than that of the Materials industry. The beta for all Brazil preferred stocks is notably lower than that of the firm.
Electro Ao Altona Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Electro Ao's current stock value. Our valuation model uses many indicators to compare Electro Ao value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Electro Ao competition to find correlations between indicators driving Electro Ao's intrinsic value. More Info.Electro Ao Altona is rated # 4 in price to earning category among its peers. It is rated # 5 in price to book category among its peers fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Electro Ao Altona is roughly 8.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Electro Ao's earnings, one of the primary drivers of an investment's value.About Electro Ao Financial Statements
Electro Ao shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Electro Ao investors may analyze each financial statement separately, they are all interrelated. The changes in Electro Ao's assets and liabilities, for example, are also reflected in the revenues and expenses on on Electro Ao's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Electro Ao Altona S.A. engages in the steel casting and machining activities primarily in Brazil. Electro Ao Altona S.A. was founded in 1924 and is based in Blumenau, Brazil. ACO ALTONA operates under Metal Fabrication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1234 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Electro Preferred Stock Analysis
When running Electro Ao's price analysis, check to measure Electro Ao's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electro Ao is operating at the current time. Most of Electro Ao's value examination focuses on studying past and present price action to predict the probability of Electro Ao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electro Ao's price. Additionally, you may evaluate how the addition of Electro Ao to your portfolios can decrease your overall portfolio volatility.