CTEEP Companhia (Brazil) Price on August 27, 2024
TRPL4 Preferred Stock | BRL 24.16 0.39 1.64% |
If you're considering investing in CTEEP Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of CTEEP Companhia stands at 24.16, as last reported on the 29th of November, with the highest price reaching 24.17 and the lowest price hitting 23.39 during the day. CTEEP Companhia secures Sharpe Ratio (or Efficiency) of -0.055, which signifies that the company had a -0.055% return per unit of risk over the last 3 months. CTEEP Companhia exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CTEEP Companhia's Mean Deviation of 0.6592, risk adjusted performance of (0.03), and Standard Deviation of 1.04 to double-check the risk estimate we provide.
CTEEP Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CTEEP |
Sharpe Ratio = -0.055
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Estimated Market Risk
1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CTEEP Companhia 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 CTEEP Companhia by adding CTEEP Companhia to a well-diversified portfolio.
CTEEP Companhia Valuation on August 27, 2024
It is possible to determine the worth of CTEEP Companhia on a given historical date. On August 27, 2024 CTEEP was worth 24.85 at the beginning of the trading date compared to the closed value of 24.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CTEEP Companhia preferred stock. Still, in general, we apply an absolute valuation method to find CTEEP Companhia'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 CTEEP Companhia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CTEEP Companhia's related companies.
Open | High | Low | Close | Volume | |
25.16 | 25.20 | 24.73 | 24.81 | 2,059,100 | |
08/27/2024 | 24.85 | 24.86 | 24.61 | 24.67 | 1,614,500 |
24.67 | 24.78 | 24.53 | 24.78 | 1,427,100 |
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CTEEP Companhia Trading Date Momentum on August 27, 2024
On August 28 2024 CTEEP Companhia was traded for 24.78 at the closing time. The highest price during the trading period was 24.78 and the lowest recorded bid was listed for 24.53 . The volume for the day was 1.4 M. This history from August 28, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.45% . The overall trading delta to the current price is 1.74% . |
CTEEP Companhia Fundamentals Correlations and Trends
By evaluating CTEEP Companhia'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 CTEEP Companhia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CTEEP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CTEEP Companhia Preferred Stock history
CTEEP Companhia 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 CTEEP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CTEEP Companhia 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 CTEEP Companhia stock prices may prove useful in developing a viable investing in CTEEP Companhia
CTEEP Companhia de Transmisso de Energia Eltrica Paulista S.A. engages in the electric power transmission business in Brazil. The company was incorporated in 1999 and is headquartered in So Paulo, Brazil. TRAN PAULISTPN operates under UtilitiesRegulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1400 people.
CTEEP Companhia Preferred Stock Technical Analysis
CTEEP Companhia technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
CTEEP Companhia Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
CTEEP Companhia 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.
CTEEP Companhia November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how CTEEP Companhia preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CTEEP Companhia shares will generate the highest return on investment. By undertsting and applying CTEEP Companhia preferred stock market strength indicators, traders can identify CTEEP Companhia entry and exit signals to maximize returns
CTEEP Companhia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CTEEP Companhia's price direction in advance. Along with the technical and fundamental analysis of CTEEP Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CTEEP 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 | (0.22) | |||
Treynor Ratio | (0.76) |
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Additional Tools for CTEEP Preferred Stock Analysis
When running CTEEP Companhia's price analysis, check to measure CTEEP Companhia'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 CTEEP Companhia is operating at the current time. Most of CTEEP Companhia's value examination focuses on studying past and present price action to predict the probability of CTEEP Companhia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTEEP Companhia's price. Additionally, you may evaluate how the addition of CTEEP Companhia to your portfolios can decrease your overall portfolio volatility.