Centrais Eltricas Financials
| ELET3 Stock | BRL 35.12 0.51 1.43% |
Centrais |
Understanding current and past Centrais Eltricas Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Centrais Eltricas' financial statements are interrelated, with each one affecting the others. For example, an increase in Centrais Eltricas' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Centrais Eltricas' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Centrais Eltricas Brasileiras. Check Centrais Eltricas' Beneish M Score to see the likelihood of Centrais Eltricas' management manipulating its earnings.
Centrais Eltricas Stock Summary
Centrais Eltricas competes with CTEEP Companhia, Companhia Paranaense, Companhia Energtica, Energisa, and BTG Pactual. Centrais Eltricas Brasileiras S.A. - Eletrobras, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company was founded in 1962 and is based in Rio de Janeiro, Brazil. ELETROBRAS operates under Utilities - Regulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 14211 people.| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| ISIN | BRELETACNOR6 |
| Business Address | Rua da Quitanda, |
| Sector | Utilities |
| Industry | Utilities - Regulated Electric |
| Benchmark | Dow Jones Industrial |
| Website | eletrobras.com |
| Phone | 55 21 2514 4637 |
| Currency | BRL - Brazilian Real |
You should never invest in Centrais Eltricas without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Centrais Stock, because this is throwing your money away. Analyzing the key information contained in Centrais Eltricas' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Centrais Eltricas Key Financial Ratios
There are many critical financial ratios that Centrais Eltricas' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Centrais Eltricas reports annually and quarterly.| Return On Equity | 0.0392 | |||
| Return On Asset | 0.032 | |||
| Target Price | 64.27 | |||
| Beta | 0.46 | |||
| Z Score | 1.2 |
Centrais Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Centrais Eltricas's current stock value. Our valuation model uses many indicators to compare Centrais Eltricas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Centrais Eltricas competition to find correlations between indicators driving Centrais Eltricas's intrinsic value. More Info.Centrais Eltricas Brasileiras is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.82 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Centrais Eltricas Brasileiras is roughly 1.22 . 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 Centrais Eltricas' earnings, one of the primary drivers of an investment's value.Centrais Eltricas Systematic Risk
Centrais Eltricas' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Centrais Eltricas volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Centrais Eltricas correlated with the market. If Beta is less than 0 Centrais Eltricas generally moves in the opposite direction as compared to the market. If Centrais Eltricas Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Centrais Eltricas is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Centrais Eltricas is generally in the same direction as the market. If Beta > 1 Centrais Eltricas moves generally in the same direction as, but more than the movement of the benchmark.
Centrais Eltricas November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Centrais Eltricas help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Centrais Eltricas Brasileiras. We use our internally-developed statistical techniques to arrive at the intrinsic value of Centrais Eltricas Brasileiras based on widely used predictive technical indicators. In general, we focus on analyzing Centrais Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Centrais Eltricas's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.07 |
Additional Tools for Centrais Stock Analysis
When running Centrais Eltricas' price analysis, check to measure Centrais Eltricas' 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 Eltricas is operating at the current time. Most of Centrais Eltricas' value examination focuses on studying past and present price action to predict the probability of Centrais Eltricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Eltricas' price. Additionally, you may evaluate how the addition of Centrais Eltricas to your portfolios can decrease your overall portfolio volatility.