Companhia Energética (Germany) Price on December 9, 2024
| CID Stock | EUR 1.85 0.20 12.12% |
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 Energética stands at 1.85, as last reported on the 20th of January, with the highest price reaching 1.85 and the lowest price hitting 1.85 during the day. At this point, Companhia Energética is risky. Companhia Energética secures Sharpe Ratio (or Efficiency) of 0.0381, which signifies that the company had a 0.0381 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Companhia Energtica de, which you can use to evaluate the volatility of the firm. Please confirm Companhia Energética's Downside Deviation of 1.31, mean deviation of 0.8078, and Risk Adjusted Performance of 0.0371 to double-check if the risk estimate we provide is consistent with the expected return of 0.0933%.
Companhia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Companhia |
Sharpe Ratio = 0.0381
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Companhia Energética is performing at about 3% of its full potential. 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 Energética by adding it to a well-diversified portfolio.
Companhia Energética Valuation on December 9, 2024
It is possible to determine the worth of Companhia Energética on a given historical date. On December 9, 2024 Companhia was worth 1.82 at the beginning of the trading date compared to the closed value of 1.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Companhia Energética stock. Still, in general, we apply an absolute valuation method to find Companhia Energética'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 Energética where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Companhia Energética's related companies.
| Open | High | Low | Close | Volume | |
| 1.82 | 1.82 | 1.82 | 1.82 | 1.00 | |
12/09/2024 | 1.82 | 1.82 | 1.82 | 1.82 | 1.00 |
| 1.82 | 1.82 | 1.82 | 1.82 | 1.00 |
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Companhia Energética Trading Date Momentum on December 9, 2024
| On December 10 2024 Companhia Energtica de was traded for 1.82 at the closing time. The highest daily price throughout the period was 1.82 and the lowest price was 1.82 . There was no trading activity during the period 1.0. Lack of trading volume on 12/10/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Companhia Energética Fundamentals Correlations and Trends
By evaluating Companhia Energética'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 Energética'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 Energética Stock history
Companhia Energética 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 Energética 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 Energética stock prices may prove useful in developing a viable investing in Companhia Energética
Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil. CIA EN operates under UtilitiesDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5025 people.
Companhia Energética Stock Technical Analysis
Companhia Energética 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
Companhia Energética Period Price Range
Low | January 20, 2025
| High |
0.00 | 0.00 |
Companhia Energtica de cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Energética January 20, 2025 Market Strength
Market strength indicators help investors to evaluate how Companhia Energética 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 Energética shares will generate the highest return on investment. By undertsting and applying Companhia Energética stock market strength indicators, traders can identify Companhia Energtica de entry and exit signals to maximize returns
Companhia Energética Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Companhia Energética'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.
| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | 0.0367 | |||
| Total Risk Alpha | 0.0105 | |||
| Sortino Ratio | 0.0142 | |||
| Treynor Ratio | 0.4656 |
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Complementary Tools for Companhia Stock analysis
When running Companhia Energética's price analysis, check to measure Companhia Energética'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 Energética is operating at the current time. Most of Companhia Energética's value examination focuses on studying past and present price action to predict the probability of Companhia Energética'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 Energética's price. Additionally, you may evaluate how the addition of Companhia Energética to your portfolios can decrease your overall portfolio volatility.
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