Companhia (Brazil) Market Value

CEDO4 Preferred Stock  BRL 22.50  0.20  0.90%   
Companhia's market value is the price at which a share of Companhia trades on a public exchange. It measures the collective expectations of Companhia de Fiao investors about its performance. Companhia is selling for under 22.50 as of the 11th of December 2024; that is 0.90% up since the beginning of the trading day. The preferred stock's lowest day price was 22.5.
With this module, you can estimate the performance of a buy and hold strategy of Companhia de Fiao and determine expected loss or profit from investing in Companhia over a given investment horizon. Check out Companhia Correlation, Companhia Volatility and Companhia Alpha and Beta module to complement your research on Companhia.
Symbol

Please note, there is a significant difference between Companhia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Companhia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Companhia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Companhia 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Companhia's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Companhia.
0.00
06/14/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/11/2024
0.00
If you would invest  0.00  in Companhia on June 14, 2024 and sell it all today you would earn a total of 0.00 from holding Companhia de Fiao or generate 0.0% return on investment in Companhia over 180 days. Companhia is related to or competes with Companhia, Companhia, Companhia Tecidos, Companhia Tecidos, and Dhler SA. Companhia de Fiao e Tecidos Cedro e Cachoeira S.A More

Companhia Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Companhia's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Companhia de Fiao upside and downside potential and time the market with a certain degree of confidence.

Companhia Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Companhia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Companhia's standard deviation. In reality, there are many statistical measures that can use Companhia historical prices to predict the future Companhia's volatility.
Hype
Prediction
LowEstimatedHigh
19.7522.5025.25
Details
Intrinsic
Valuation
LowRealHigh
16.7619.5124.75
Details
Naive
Forecast
LowNextHigh
20.8723.6226.37
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.2922.3323.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Companhia. Your research has to be compared to or analyzed against Companhia's peers to derive any actionable benefits. When done correctly, Companhia's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Companhia de Fiao.

Companhia de Fiao Backtested Returns

Companhia de Fiao secures Sharpe Ratio (or Efficiency) of -0.0476, which signifies that the company had a -0.0476% return per unit of risk over the last 3 months. Companhia de Fiao exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Companhia's Mean Deviation of 1.5, risk adjusted performance of (0.03), and Standard Deviation of 2.79 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Companhia are expected to decrease at a much lower rate. During the bear market, Companhia is likely to outperform the market. At this point, Companhia de Fiao has a negative expected return of -0.13%. Please make sure to confirm Companhia's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Companhia de Fiao performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.11  

Insignificant reverse predictability

Companhia de Fiao has insignificant reverse predictability. Overlapping area represents the amount of predictability between Companhia time series from 14th of June 2024 to 12th of September 2024 and 12th of September 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Companhia de Fiao price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Companhia price fluctuation can be explain by its past prices.
Correlation Coefficient-0.11
Spearman Rank Test-0.2
Residual Average0.0
Price Variance1.41

Companhia de Fiao lagged returns against current returns

Autocorrelation, which is Companhia preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Companhia's preferred stock expected returns. We can calculate the autocorrelation of Companhia returns to help us make a trade decision. For example, suppose you find that Companhia has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Companhia regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Companhia preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Companhia preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Companhia preferred stock over time.
   Current vs Lagged Prices   
       Timeline  

Companhia Lagged Returns

When evaluating Companhia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Companhia preferred stock have on its future price. Companhia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Companhia autocorrelation shows the relationship between Companhia preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Companhia de Fiao.
   Regressed Prices   
       Timeline  

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Additional Tools for Companhia Preferred Stock Analysis

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