Centrais Debt Equity Ratio from 2010 to 2024
| EBR Stock | USD 6.20 0.12 1.97% |
Debt Equity Ratio | First Reported 2010-12-31 | Previous Quarter 0.56024604 | Current Value 0.5 | Quarterly Volatility 0.2603607 |
Check Centrais Electricas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centrais Electricas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.8 B, Interest Expense of 6.8 B or Selling General Administrative of 6.2 B, as well as many indicators such as Price To Sales Ratio of 2.68, Dividend Yield of 0.0087 or PTB Ratio of 0.89. Centrais financial statements analysis is a perfect complement when working with Centrais Electricas Valuation or Volatility modules.
Centrais | Debt Equity Ratio |
Latest Centrais Electricas' Debt Equity Ratio Growth Pattern
Below is the plot of the Debt Equity Ratio of Centrais Electricas Brasileiras over the last few years. It is Centrais Electricas' Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Centrais Electricas' overall financial position and show how it may be relating to other accounts over time.
| Debt Equity Ratio | 10 Years Trend |
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Debt Equity Ratio |
| Timeline |
Centrais Debt Equity Ratio Regression Statistics
| Arithmetic Mean | 0.68 | |
| Geometric Mean | 0.63 | |
| Coefficient Of Variation | 38.21 | |
| Mean Deviation | 0.21 | |
| Median | 0.59 | |
| Standard Deviation | 0.26 | |
| Sample Variance | 0.07 | |
| Range | 0.86 | |
| R-Value | 0.10 | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.95 |
Centrais Debt Equity Ratio History
About Centrais Electricas Financial Statements
Centrais Electricas shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Centrais Electricas investors may analyze each financial statement separately, they are all interrelated. The changes in Centrais Electricas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Centrais Electricas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Equity Ratio | 0.56 | 0.50 |
Pair Trading with Centrais Electricas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centrais Electricas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centrais Electricas will appreciate offsetting losses from the drop in the long position's value.Moving together with Centrais Stock
Moving against Centrais Stock
| 0.94 | GEV | GE Vernova LLC | PairCorr |
| 0.89 | AY | Atlantica Sustainable | PairCorr |
| 0.85 | ORA | Ormat Technologies | PairCorr |
| 0.82 | WAVE | Eco Wave Power Trending | PairCorr |
| 0.8 | NRGV | Energy Vault Holdings | PairCorr |
The ability to find closely correlated positions to Centrais Electricas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centrais Electricas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centrais Electricas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centrais Electricas Brasileiras to buy it.
The correlation of Centrais Electricas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centrais Electricas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centrais Electricas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centrais Electricas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Centrais Stock Analysis
When running Centrais Electricas' price analysis, check to measure Centrais Electricas' 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 Centrais Electricas is operating at the current time. Most of Centrais Electricas' value examination focuses on studying past and present price action to predict the probability of Centrais Electricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Electricas' price. Additionally, you may evaluate how the addition of Centrais Electricas to your portfolios can decrease your overall portfolio volatility.