Rede Energia Participaes Stock Beta
| REDE3 Stock | BRL 6.56 0.02 0.31% |
Rede Energia Participaes fundamentals help investors to digest information that contributes to Rede Energia's financial success or failures. It also enables traders to predict the movement of Rede Stock. The fundamental analysis module provides a way to measure Rede Energia'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 Rede Energia stock.
Rede |
Rede Energia Participaes Company Beta Analysis
Rede Energia'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 Rede Energia Beta | -0.074 |
Most of Rede Energia'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, Rede Energia Participaes 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, Rede Energia Participaes has a Beta of -0.074. This is 116.44% lower than that of the Utilities sector and significantly lower than that of the Utilities—Regulated Electric industry. The beta for all Brazil stocks is 50.67% lower than that of the firm.
Rede Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rede Energia'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 Rede Energia could also be used in its relative valuation, which is a method of valuing Rede Energia by comparing valuation metrics of similar companies.Rede Energia is currently under evaluation in beta category among its peers.
As returns on the market increase, returns on owning Rede Energia are expected to decrease at a much lower rate. During the bear market, Rede Energia is likely to outperform the market.
Rede Fundamentals
| Return On Equity | 0.37 | |||
| Return On Asset | 0.0972 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 19.86 B | |||
| Shares Outstanding | 2.11 B | |||
| Shares Owned By Insiders | 99.57 % | |||
| Price To Earning | 11.98 X | |||
| Price To Book | 2.70 X | |||
| Price To Sales | 0.72 X | |||
| Revenue | 14.74 B | |||
| Gross Profit | 3.21 B | |||
| EBITDA | 3.3 B | |||
| Net Income | 1.52 B | |||
| Cash And Equivalents | 141.99 M | |||
| Cash Per Share | 1.13 X | |||
| Total Debt | 7.81 B | |||
| Debt To Equity | 1.58 % | |||
| Current Ratio | 1.26 X | |||
| Book Value Per Share | 1.99 X | |||
| Cash Flow From Operations | 1.04 B | |||
| Earnings Per Share | 0.73 X | |||
| Number Of Employees | 6.06 K | |||
| Beta | -0.074 | |||
| Market Capitalization | 11.35 B | |||
| Total Asset | 24.64 B | |||
| Retained Earnings | 117 M | |||
| Working Capital | 675 M | |||
| Current Asset | 3.3 B | |||
| Current Liabilities | 2.62 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.13 % | |||
| Five Year Return | 2.43 % | |||
| Net Asset | 24.64 B | |||
| Last Dividend Paid | 0.5 |
About Rede Energia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rede Energia Participaes's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rede Energia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rede Energia Participaes 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.
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When running Rede Energia's price analysis, check to measure Rede Energia'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 Rede Energia is operating at the current time. Most of Rede Energia's value examination focuses on studying past and present price action to predict the probability of Rede Energia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rede Energia's price. Additionally, you may evaluate how the addition of Rede Energia to your portfolios can decrease your overall portfolio volatility.