Companhia Energtica (Mexico) Market Value
| CIGN Stock | MXN 39.66 3.74 10.41% |
| Symbol | Companhia |
Companhia Energtica '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 Energtica's 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 Energtica.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Companhia Energtica on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Companhia Energtica de or generate 0.0% return on investment in Companhia Energtica over 30 days. Companhia Energtica is related to or competes with Home Depot, Martin Marietta, Cognizant Technology, New Oriental, Applied Materials, Micron Technology, and Verizon Communications. Companhia Energtica de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, an... More
Companhia Energtica 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 Energtica's 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 Energtica de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0112 | |||
| Maximum Drawdown | 9.15 |
Companhia Energtica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Companhia Energtica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Companhia Energtica's standard deviation. In reality, there are many statistical measures that can use Companhia Energtica historical prices to predict the future Companhia Energtica's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.02 | |||
| Total Risk Alpha | 0.0296 | |||
| Treynor Ratio | 0.0141 |
Companhia Energtica Backtested Returns
At this stage we consider Companhia Stock to be very steady. Companhia Energtica secures Sharpe Ratio (or Efficiency) of 0.0132, which signifies that the company had a 0.0132 % return per unit of risk over the last 3 months. We have found twenty technical indicators for Companhia Energtica de, which you can use to evaluate the volatility of the firm. Please confirm Companhia Energtica's Mean Deviation of 0.35, risk adjusted performance of 0.0156, and Standard Deviation of 1.8 to double-check if the risk estimate we provide is consistent with the expected return of 0.0238%. Companhia Energtica has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.97, which signifies possible diversification benefits within a given portfolio. Companhia Energtica returns are very sensitive to returns on the market. As the market goes up or down, Companhia Energtica is expected to follow. Companhia Energtica right now shows a risk of 1.8%. Please confirm Companhia Energtica variance, jensen alpha, skewness, as well as the relationship between the information ratio and total risk alpha , to decide if Companhia Energtica will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Companhia Energtica de has no correlation between past and present. Overlapping area represents the amount of predictability between Companhia Energtica time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. 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 Energtica price movement. The serial correlation of 0.0 indicates that just 0.0% of current Companhia Energtica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 2.77 |
Companhia Energtica lagged returns against current returns
Autocorrelation, which is Companhia Energtica 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 Energtica's stock expected returns. We can calculate the autocorrelation of Companhia Energtica returns to help us make a trade decision. For example, suppose you find that Companhia Energtica has exhibited high autocorrelation historically, and you observe that the 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 |
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Companhia Energtica 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 Energtica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Companhia Energtica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Companhia Energtica stock over time.
Current vs Lagged Prices |
| Timeline |
Companhia Energtica Lagged Returns
When evaluating Companhia Energtica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Companhia Energtica stock have on its future price. Companhia Energtica 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 Energtica autocorrelation shows the relationship between Companhia Energtica stock current value and its past values and can show if there is a momentum factor associated with investing in Companhia Energtica de.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Companhia Stock Analysis
When running Companhia Energtica's price analysis, check to measure Companhia Energtica'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 Energtica is operating at the current time. Most of Companhia Energtica's value examination focuses on studying past and present price action to predict the probability of Companhia Energtica'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 Energtica's price. Additionally, you may evaluate how the addition of Companhia Energtica to your portfolios can decrease your overall portfolio volatility.