Centrais Electricas Brasileiras Stock Market Value
| EBRB Stock | 6.72 0.05 0.74% |
| Symbol | Centrais |
Is Other space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centrais Electricas. If investors know Centrais will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centrais Electricas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6.9649 |
The market value of Centrais Electricas is measured differently than its book value, which is the value of Centrais that is recorded on the company's balance sheet. Investors also form their own opinion of Centrais Electricas' value that differs from its market value or its book value, called intrinsic value, which is Centrais Electricas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centrais Electricas' market value can be influenced by many factors that don't directly affect Centrais Electricas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centrais Electricas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Centrais Electricas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centrais Electricas' 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.
Centrais Electricas '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 Centrais Electricas' 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 Centrais Electricas.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Centrais Electricas on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Centrais Electricas Brasileiras or generate 0.0% return on investment in Centrais Electricas over 720 days. Centrais Electricas is related to or competes with Constellation Brands, Oatly Group, Aldel Financial, Vodka Brands, Celsius Holdings, Willamette Valley, and Inflection Point. Centrais Electricas is entity of United States More
Centrais Electricas 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 Centrais Electricas' 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 Centrais Electricas Brasileiras upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 12.18 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.34 |
Centrais Electricas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Centrais Electricas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Centrais Electricas' standard deviation. In reality, there are many statistical measures that can use Centrais Electricas historical prices to predict the future Centrais Electricas' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.56) |
Centrais Electricas Backtested Returns
Centrais Electricas secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Centrais Electricas Brasileiras exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Centrais Electricas' Risk Adjusted Performance of (0.11), mean deviation of 1.37, and Standard Deviation of 1.83 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Centrais Electricas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Centrais Electricas is expected to be smaller as well. At this point, Centrais Electricas has a negative expected return of -0.33%. Please make sure to confirm Centrais Electricas' maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Centrais Electricas performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.68 |
Very good reverse predictability
Centrais Electricas Brasileiras has very good reverse predictability. Overlapping area represents the amount of predictability between Centrais Electricas time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 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 Centrais Electricas price movement. The serial correlation of -0.68 indicates that around 68.0% of current Centrais Electricas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
Centrais Electricas lagged returns against current returns
Autocorrelation, which is Centrais Electricas 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 Centrais Electricas' stock expected returns. We can calculate the autocorrelation of Centrais Electricas returns to help us make a trade decision. For example, suppose you find that Centrais Electricas 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 |
| Timeline |
Centrais Electricas 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 Centrais Electricas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Centrais Electricas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Centrais Electricas stock over time.
Current vs Lagged Prices |
| Timeline |
Centrais Electricas Lagged Returns
When evaluating Centrais Electricas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Centrais Electricas stock have on its future price. Centrais Electricas 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, Centrais Electricas autocorrelation shows the relationship between Centrais Electricas stock current value and its past values and can show if there is a momentum factor associated with investing in Centrais Electricas Brasileiras.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Centrais Electricas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centrais Electricas' 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 Centrais Electricas Brasileiras Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centrais Electricas Brasileiras Stock:Check out Centrais Electricas Correlation, Centrais Electricas Volatility and Centrais Electricas Alpha and Beta module to complement your research on Centrais Electricas. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Centrais Electricas technical 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, stock market cycles, or different charting patterns.