Enel Chile Sa Stock Beta
| ENELCHILE | CLP 53.57 0.97 1.78% |
Enel Chile SA fundamentals help investors to digest information that contributes to Enel Chile's financial success or failures. It also enables traders to predict the movement of Enel Stock. The fundamental analysis module provides a way to measure Enel Chile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enel Chile stock.
Enel |
Enel Chile SA Company Beta Analysis
Enel Chile's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Enel Chile Beta | 0.7 |
Most of Enel Chile's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enel Chile SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Enel Chile SA has a Beta of 0.6951. This is 54.47% higher than that of the Utilities sector and 104.44% higher than that of the Utilities - Regulated Electric industry. The beta for all Chile stocks is notably lower than that of the firm.
Enel Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enel Chile's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enel Chile could also be used in its relative valuation, which is a method of valuing Enel Chile by comparing valuation metrics of similar companies.Enel Chile is currently under evaluation in beta category among its peers.
As returns on the market increase, Enel Chile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enel Chile is expected to be smaller as well.
Enel Fundamentals
| Return On Equity | 0.0636 | |||
| Return On Asset | 0.0203 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 4.36 T | |||
| Shares Outstanding | 69.17 B | |||
| Shares Owned By Insiders | 64.87 % | |||
| Shares Owned By Institutions | 22.11 % | |||
| Price To Earning | 14.77 X | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 0.63 X | |||
| Revenue | 2.83 T | |||
| Gross Profit | 849.53 B | |||
| EBITDA | 500.82 B | |||
| Net Income | 85.15 B | |||
| Cash And Equivalents | 128.65 B | |||
| Cash Per Share | 1.86 X | |||
| Total Debt | 1.87 T | |||
| Debt To Equity | 69.30 % | |||
| Current Ratio | 1.22 X | |||
| Book Value Per Share | 44.62 X | |||
| Cash Flow From Operations | 412.89 B | |||
| Earnings Per Share | 2.69 X | |||
| Target Price | 69.5 | |||
| Number Of Employees | 2.25 K | |||
| Beta | 0.7 | |||
| Market Capitalization | 2.54 T | |||
| Total Asset | 9.5 T | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 9.5 T | |||
| Last Dividend Paid | 0.69 |
About Enel Chile Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enel Chile SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enel Chile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enel Chile SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Enel Chile
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enel Chile position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enel Chile will appreciate offsetting losses from the drop in the long position's value.Moving together with Enel Stock
| 0.69 | AFPCAPITAL | AFP Capital SA | PairCorr |
Moving against Enel Stock
The ability to find closely correlated positions to Enel Chile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enel Chile when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enel Chile - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enel Chile SA to buy it.
The correlation of Enel Chile is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enel Chile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enel Chile SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enel Chile can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Enel Stock
When determining whether Enel Chile SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enel Chile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enel Chile Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enel Chile Sa Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enel Chile SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.