Companhiade Eletricidade (Brazil) Performance
| CEEB3 Stock | BRL 38.50 0.70 1.85% |
The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Companhiade Eletricidade are expected to decrease at a much lower rate. During the bear market, Companhiade Eletricidade is likely to outperform the market. At this point, Companhiade Eletricidade has a negative expected return of -0.0128%. Please make sure to confirm Companhiade Eletricidade's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Companhiade Eletricidade performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Companhiade Eletricidade do has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Companhiade Eletricidade is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Total Cashflows From Investing Activities | -2.5 B |
Companhiade |
Companhiade Eletricidade Relative Risk vs. Return Landscape
If you would invest 3,899 in Companhiade Eletricidade do on August 26, 2024 and sell it today you would lose (49.00) from holding Companhiade Eletricidade do or give up 1.26% of portfolio value over 90 days. Companhiade Eletricidade do is generating negative expected returns and assumes 1.1941% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Companhiade, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Companhiade Eletricidade Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Companhiade Eletricidade's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Companhiade Eletricidade do, and traders can use it to determine the average amount a Companhiade Eletricidade's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0107
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| Negative Returns | CEEB3 |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Companhiade Eletricidade is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Companhiade Eletricidade by adding Companhiade Eletricidade to a well-diversified portfolio.
Companhiade Eletricidade Fundamentals Growth
Companhiade Stock prices reflect investors' perceptions of the future prospects and financial health of Companhiade Eletricidade, and Companhiade Eletricidade fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Companhiade Stock performance.
| Return On Equity | 0.27 | |||
| Return On Asset | 0.082 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.23 % | |||
| Current Valuation | 21.87 B | |||
| Shares Outstanding | 152 M | |||
| Price To Earning | 9.25 X | |||
| Price To Book | 1.72 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 19.28 B | |||
| EBITDA | 3.98 B | |||
| Cash And Equivalents | 560 M | |||
| Cash Per Share | 3.00 X | |||
| Total Debt | 9.99 B | |||
| Debt To Equity | 150.90 % | |||
| Book Value Per Share | 21.37 X | |||
| Cash Flow From Operations | 752 M | |||
| Earnings Per Share | 3.96 X | |||
| Total Asset | 24.4 B | |||
About Companhiade Eletricidade Performance
Assessing Companhiade Eletricidade's fundamental ratios provides investors with valuable insights into Companhiade Eletricidade's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Companhiade Eletricidade is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Companhiade Eletricidade do Estado da Bahia - COELBA engages in the distribution of electricity in the Bahia state. Companhiade Eletricidade do Estado da Bahia - COELBA operates as a subsidiary of Neoenergia S.A. COELBA ON operates under Utilities - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3729 people.Things to note about Companhiade Eletricidade performance evaluation
Checking the ongoing alerts about Companhiade Eletricidade for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Companhiade Eletricidade help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Companhiade Eletricidade generated a negative expected return over the last 90 days | |
| Companhiade Eletricidade has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 98.0% of the company shares are held by company insiders |
- Analyzing Companhiade Eletricidade's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Companhiade Eletricidade's stock is overvalued or undervalued compared to its peers.
- Examining Companhiade Eletricidade's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Companhiade Eletricidade's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Companhiade Eletricidade's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Companhiade Eletricidade's stock. These opinions can provide insight into Companhiade Eletricidade's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Companhiade Stock Analysis
When running Companhiade Eletricidade's price analysis, check to measure Companhiade Eletricidade'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 Companhiade Eletricidade is operating at the current time. Most of Companhiade Eletricidade's value examination focuses on studying past and present price action to predict the probability of Companhiade Eletricidade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhiade Eletricidade's price. Additionally, you may evaluate how the addition of Companhiade Eletricidade to your portfolios can decrease your overall portfolio volatility.