Companhia Energtica (Brazil) Price on November 24, 2023

CEBR3 Stock  BRL 16.51  1.00  5.71%   
If you're considering investing in Companhia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Companhia Energtica stands at 16.51, as last reported on the 30th of November, with the highest price reaching 16.81 and the lowest price hitting 15.77 during the day. Companhia Energtica secures Sharpe Ratio (or Efficiency) of -0.0975, which signifies that the company had a -0.0975% return per unit of risk over the last 3 months. Companhia Energtica de exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia Energtica's Risk Adjusted Performance of (0.09), mean deviation of 1.4, and Standard Deviation of 1.96 to double-check the risk estimate we provide.
  
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0975

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Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Companhia Energtica 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 Companhia Energtica by adding Companhia Energtica to a well-diversified portfolio.

Companhia Energtica Valuation on November 24, 2023

It is possible to determine the worth of Companhia Energtica on a given historical date. On November 24, 2023 Companhia was worth 15.13 at the beginning of the trading date compared to the closed value of 15.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Energtica stock. Still, in general, we apply an absolute valuation method to find Companhia Energtica'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 Companhia Energtica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Energtica's related companies.
 Open High Low Close Volume
  15.03    15.22    14.91    15.13    7,000  
11/24/2023
  15.13    15.17    14.75    15.07    4,000  
  15.06    15.17    14.77    15.08    7,700  
Backtest Companhia Energtica  |  Companhia Energtica History  |  Companhia Energtica Valuation   PreviousNext  
Open Value
15.13
15.07
Closing Value
21.03
Upside

Companhia Energtica Trading Date Momentum on November 24, 2023

On November 27 2023 Companhia Energtica de was traded for  15.08  at the closing time. The highest price during the trading period was 15.17  and the lowest recorded bid was listed for  14.77 . The volume for the day was 7.7 K. This history from November 27, 2023 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.07% . The overall trading delta to the current price is 0.46% .

Companhia Energtica Fundamentals Correlations and Trends

By evaluating Companhia Energtica'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 Companhia Energtica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Companhia financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Companhia Energtica Stock history

Companhia Energtica 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 Companhia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Companhia Energtica 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 Companhia Energtica stock prices may prove useful in developing a viable investing in Companhia Energtica
Companhia Energtica de Braslia - CEB, through its subsidiaries, engages in the generation and distribution of electrical energy in Brazil. Companhia Energtica de Braslia - CEB was founded in 1968 and is headquartered in Braslia, Brazil. CEB ON operates under Utilities - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1042 people.

Companhia Energtica Stock Technical Analysis

Companhia Energtica 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.
A focus of Companhia Energtica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Companhia Energtica trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Companhia Energtica Period Price Range

Low
November 30, 2024
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Companhia Energtica 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.

Companhia Energtica November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Companhia Energtica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Companhia Energtica shares will generate the highest return on investment. By undertsting and applying Companhia Energtica stock market strength indicators, traders can identify Companhia Energtica de entry and exit signals to maximize returns

Companhia Energtica Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Companhia Energtica's price direction in advance. Along with the technical and fundamental analysis of Companhia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Companhia 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.

Additional Tools for Companhia Stock Analysis

When running Companhia Energtica's price analysis, check to measure Companhia Energtica'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 Energtica is operating at the current time. Most of Companhia Energtica's value examination focuses on studying past and present price action to predict the probability of Companhia Energtica'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 Energtica's price. Additionally, you may evaluate how the addition of Companhia Energtica to your portfolios can decrease your overall portfolio volatility.