Companhia Paranaense De Stock Alpha and Beta Analysis
| ELP Stock | USD 9.27 0.38 3.94% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Companhia Paranaense de. It also helps investors analyze the systematic and unsystematic risks associated with investing in Companhia Paranaense over a specified time horizon. Remember, high Companhia Paranaense's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Companhia Paranaense's market risk premium analysis include:
Beta 0.0922 | Alpha 0.12 | Risk 2.02 | Sharpe Ratio 0.0671 | Expected Return 0.14 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Companhia Paranaense Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Companhia Paranaense market risk premium is the additional return an investor will receive from holding Companhia Paranaense long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Companhia Paranaense. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Companhia Paranaense's performance over market.| α | 0.12 | β | 0.09 |
Companhia Paranaense Fundamentals Vs Peers
Comparing Companhia Paranaense's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Companhia Paranaense's direct or indirect competition across all of the common fundamentals between Companhia Paranaense and the related equities. This way, we can detect undervalued stocks with similar characteristics as Companhia Paranaense or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Companhia Paranaense's fundamental indicators could also be used in its relative valuation, which is a method of valuing Companhia Paranaense by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Companhia Paranaense to competition |
| Fundamentals | Companhia Paranaense | Peer Average |
| Return On Equity | 0.0847 | -0.31 |
| Return On Asset | 0.0448 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 6.14 B | 16.62 B |
| Shares Outstanding | 782 K | 571.82 M |
| Shares Owned By Institutions | 4.61 % | 39.21 % |
Companhia Paranaense Opportunities
Companhia Paranaense Return and Market Media
The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Companhia Paranaense Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Companhia or other stocks. Alpha measures the amount that position in Companhia Paranaense has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Companhia Paranaense Upcoming Company Events
As portrayed in its financial statements, the presentation of Companhia Paranaense's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Companhia Paranaense's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Companhia Paranaense's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Companhia Paranaense. Please utilize our Beneish M Score to check the likelihood of Companhia Paranaense's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 24th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Companhia Stock Analysis
When running Companhia Paranaense's price analysis, check to measure Companhia Paranaense'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 Companhia Paranaense is operating at the current time. Most of Companhia Paranaense's value examination focuses on studying past and present price action to predict the probability of Companhia Paranaense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhia Paranaense's price. Additionally, you may evaluate how the addition of Companhia Paranaense to your portfolios can decrease your overall portfolio volatility.