Centrais Electricas Brasileiras Stock Probability of Future Stock Price Finishing Over 8.67
| EBR Stock | USD 6.01 0.29 4.60% |
Centrais |
Centrais Electricas Target Price Odds to finish over 8.67
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 move over $ 8.67 or more in 90 days |
| 6.01 | 90 days | 8.67 | near 1 |
Based on a normal probability distribution, the odds of Centrais Electricas to move over $ 8.67 or more in 90 days from now is near 1 (This Centrais Electricas Brasileiras probability density function shows the probability of Centrais Stock to fall within a particular range of prices over 90 days) . Probability of Centrais Electricas price to stay between its current price of $ 6.01 and $ 8.67 at the end of the 90-day period is over 95.44 .
Considering the 90-day investment horizon Centrais Electricas has a beta of 0.18 suggesting as returns on the market go up, Centrais Electricas average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Centrais Electricas Brasileiras will be expected to be much smaller as well. Additionally Centrais Electricas 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 Electricas Price Density |
| Price |
Predictive Modules for Centrais Electricas
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 Electricas. 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 Electricas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Centrais Electricas is not an exception. The market had few large corrections towards the Centrais Electricas' 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 Electricas Brasileiras, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Centrais Electricas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.37 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.27 |
Centrais Electricas 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 Electricas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Centrais Electricas 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 Electricas generated a negative expected return over the last 90 days | |
| Centrais Electricas is unlikely to experience financial distress in the next 2 years | |
| Centrais Electricas has a strong financial position based on the latest SEC filings | |
| Latest headline from insidermonkey.com: Centrais Eltricas Brasileiras S.A. Eletrobrs Q3 2024 Earnings Call Transcript |
Centrais Electricas 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 Electricas' 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 Electricas' 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 | 19 B |
Centrais Electricas Technical Analysis
Centrais Electricas' 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 Electricas Brasileiras. In general, you should focus on analyzing Centrais Stock price patterns and their correlations with different microeconomic environments and drivers.
Centrais Electricas Predictive Forecast Models
Centrais Electricas' time-series forecasting models is one of many Centrais Electricas' 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 Electricas' 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 Electricas
Checking the ongoing alerts about Centrais Electricas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Centrais Electricas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Centrais Electricas generated a negative expected return over the last 90 days | |
| Centrais Electricas is unlikely to experience financial distress in the next 2 years | |
| Centrais Electricas has a strong financial position based on the latest SEC filings | |
| Latest headline from insidermonkey.com: Centrais Eltricas Brasileiras S.A. Eletrobrs Q3 2024 Earnings Call Transcript |
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.