Afluente Transmisso (Brazil) Price on February 9, 2024
AFLT3 Stock | BRL 6.78 0.01 0.15% |
If you're considering investing in Afluente Stock, it is important to understand the factors that can impact its price. As of today, the current price of Afluente Transmisso stands at 6.78, as last reported on the 29th of November, with the highest price reaching 6.95 and the lowest price hitting 6.78 during the day. Afluente Transmisso secures Sharpe Ratio (or Efficiency) of -0.0614, which signifies that the company had a -0.0614% return per unit of risk over the last 3 months. Afluente Transmisso de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Afluente Transmisso's Mean Deviation of 0.836, standard deviation of 1.58, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Afluente Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Afluente |
Sharpe Ratio = -0.0614
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Estimated Market Risk
1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Afluente Transmisso is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Afluente Transmisso by adding Afluente Transmisso to a well-diversified portfolio.
Afluente Transmisso Valuation on February 9, 2024
It is possible to determine the worth of Afluente Transmisso on a given historical date. On February 9, 2024 Afluente was worth 7.81 at the beginning of the trading date compared to the closed value of 7.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Afluente Transmisso stock. Still, in general, we apply an absolute valuation method to find Afluente Transmisso's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Afluente Transmisso where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Afluente Transmisso's related companies.
Open | High | Low | Close | Volume | |
7.79 | 7.84 | 7.77 | 7.83 | 1,200 | |
02/09/2024 | 7.81 | 7.81 | 7.81 | 7.81 | 200.00 |
7.68 | 7.77 | 7.68 | 7.74 | 600.00 |
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Afluente Transmisso Trading Date Momentum on February 9, 2024
On February 14 2024 Afluente Transmisso de was traded for 7.74 at the closing time. The highest price during the trading period was 7.77 and the lowest recorded bid was listed for 7.68 . The volume for the day was 600. This history from February 14, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the current price is 0.64% . |
Afluente Transmisso Fundamentals Correlations and Trends
By evaluating Afluente Transmisso's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Afluente Transmisso's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Afluente financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Afluente Transmisso Stock history
Afluente Transmisso investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Afluente is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Afluente Transmisso will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Afluente Transmisso stock prices may prove useful in developing a viable investing in Afluente Transmisso
Afluente Transmisso de Energia Eltrica S.A. operates transmission lines and sub-stations in Bahia, Brazil. Afluente Transmisso de Energia Eltrica S.A. is a subsidiary of Neoenergia S.A. AFLUENTE T operates under Utilities - Regulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange.
Afluente Transmisso Stock Technical Analysis
Afluente Transmisso technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Afluente Transmisso Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Afluente Transmisso de cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Afluente Transmisso November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Afluente Transmisso stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Afluente Transmisso shares will generate the highest return on investment. By undertsting and applying Afluente Transmisso stock market strength indicators, traders can identify Afluente Transmisso de entry and exit signals to maximize returns
Afluente Transmisso Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Afluente Transmisso's price direction in advance. Along with the technical and fundamental analysis of Afluente Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Afluente to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 0.4738 |
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Additional Tools for Afluente Stock Analysis
When running Afluente Transmisso's price analysis, check to measure Afluente Transmisso'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 Afluente Transmisso is operating at the current time. Most of Afluente Transmisso's value examination focuses on studying past and present price action to predict the probability of Afluente Transmisso's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Afluente Transmisso's price. Additionally, you may evaluate how the addition of Afluente Transmisso to your portfolios can decrease your overall portfolio volatility.