Centrais Eltricas Brasileiras Stock Probability of Future Stock Price Finishing Under 5.01
| EBR-B Stock | USD 6.92 0.20 2.98% |
Centrais |
Centrais Elétricas Target Price Odds to finish below 5.01
The tendency of Centrais Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 5.01 or more in 90 days |
| 6.92 | 90 days | 5.01 | near 1 |
Based on a normal probability distribution, the odds of Centrais Elétricas to drop to $ 5.01 or more in 90 days from now is near 1 (This Centrais Eltricas Brasileiras probability density function shows the probability of Centrais Stock to fall within a particular range of prices over 90 days) . Probability of Centrais Elétricas price to stay between $ 5.01 and its current price of $6.92 at the end of the 90-day period is about 8.6 .
Assuming the 90 days horizon Centrais Elétricas has a beta of 0.42 suggesting as returns on the market go up, Centrais Elétricas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Centrais Eltricas Brasileiras will be expected to be much smaller as well. Additionally Centrais Eltricas Brasileiras has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Centrais Elétricas Price Density |
| Price |
Predictive Modules for Centrais Elétricas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Centrais Elétricas. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Centrais Elétricas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centrais Elétricas is not an exception. The market had few large corrections towards the Centrais Elétricas' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Centrais Eltricas Brasileiras, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centrais Elétricas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.24 |
Centrais Elétricas Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Centrais Elétricas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centrais Elétricas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Centrais Elétricas generated a negative expected return over the last 90 days | |
| Centrais Elétricas is unlikely to experience financial distress in the next 2 years | |
| Centrais Elétricas has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Centrais Elétricas has a strong financial position based on the latest SEC filings |
Centrais Elétricas Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Centrais Stock often depends not only on the future outlook of the current and potential Centrais Elétricas' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Centrais Elétricas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.3 B | |
| Cash And Short Term Investments | 16 B |
Centrais Elétricas Technical Analysis
Centrais Elétricas' future price can be derived by breaking down and analyzing its technical indicators over time. Centrais Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Centrais Eltricas Brasileiras. In general, you should focus on analyzing Centrais Stock price patterns and their correlations with different microeconomic environments and drivers.
Centrais Elétricas Predictive Forecast Models
Centrais Elétricas' time-series forecasting models is one of many Centrais Elétricas' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Centrais Elétricas' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Centrais Elétricas
Checking the ongoing alerts about Centrais Elétricas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centrais Elétricas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centrais Elétricas generated a negative expected return over the last 90 days | |
| Centrais Elétricas is unlikely to experience financial distress in the next 2 years | |
| Centrais Elétricas has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Centrais Elétricas has a strong financial position based on the latest SEC filings |
Other Information on Investing in Centrais Stock
Centrais Elétricas financial ratios help investors to determine whether Centrais Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Centrais with respect to the benefits of owning Centrais Elétricas security.